NetEase (NETTF) Invested Capital (2009 - 2025)
NetEase (NETTF) reported Invested Capital of $22.6 billion for Q4 2025, up 17.05% on a YoY basis from $19.3 billion in Q4 2024, and up 17.05% quarter-over-quarter from $19.3 billion in Q4 2024.
NetEase (NETTF) Invested Capital (2009 - 2025) Analysis & Trends
NetEase has reported Invested Capital for 17 years, with the latest figure at $22.6 billion in Q4 2025.
- For the quarter ending Q4 2025, Invested Capital rose 17.05% year-over-year to $22.6 billion; the trailing twelve-month figure through Dec 2025 stood at $22.6 billion (up 17.05% YoY), and the FY2025 full-year result was $22.9 billion, up 20.64% from the prior year.
- Invested Capital for Q4 2025 stood at $22.6 billion, up from $19.3 billion in the prior quarter.
- The five-year high for Invested Capital was $16012.5 billion in Q1 2022, with the low at $15.8 billion in Q4 2022.
- Historically, Invested Capital has averaged $6248.7 billion across 5 years, with a median of $22.6 billion in 2025.
- Annual changes were most pronounced in 2021 — Invested Capital surged 146997.63% — and 2022, when it declined 1.84%.
- NetEase's Invested Capital stood at $16.1 billion in 2021, then fell by 1.84% to $15.8 billion in 2022, then grew by 12.19% to $17.8 billion in 2023, then gained by 8.64% to $19.3 billion in 2024, then gained by 17.05% to $22.6 billion in 2025.
- The last three Invested Capital figures came in at $22.6 billion (Q4 2025), $19.3 billion (Q4 2024), and $17.8 billion (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 50.63 Bn | 47.77 Bn | 1.76 Bn | 6.76 Bn |
| 2 | Take Two Interactive Software | 39.05 Bn | 37.06 Bn | 938.70 Mn | 3.54 Bn |
| 3 | Roblox | 30.61 Bn | 27.39 Bn | 1.15 Bn | 1.43 Bn |
| 4 | Playtika Holding | 1.16 Bn | 382.18 Mn | 384.10 Mn | 1.92 Bn |
| 5 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | 1.28 Bn |
| 6 | Gdev | 243.40 Mn | 135.08 Mn | 75.00 Mn | -90.56 Mn |
| 7 | Meridian Holdings | 161.93 Mn | 147.40 Mn | 28.14 Mn | 56.76 Mn |
| 8 | Skillz | 141.06 Mn | -18.87 Mn | 25.51 Mn | 230.32 Mn |
| 9 | Brag House Holdings | 90.80 Mn | 90.66 Mn | - | 3.86 Mn |
| 10 | NetEase | - | - | 3.06 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 22.60 Bn |
| Dec 31, 2024 | 19.31 Bn |
| Dec 31, 2023 | 17.77 Bn |
| Dec 31, 2022 | 15.84 Bn |
| Mar 31, 2022 | 16,012.48 Bn |
| Dec 31, 2021 | 16.14 Bn |
| Sep 30, 2021 | 13,155.52 Bn |
| Jun 30, 2021 | 13,529.26 Bn |
| Mar 31, 2021 | 13,449.03 Bn |
| Dec 31, 2020 | 12.88 Bn |
| Sep 30, 2020 | 12.44 Bn |
| Jun 30, 2020 | 12.28 Bn |
| Mar 31, 2020 | 9.14 Bn |
| Dec 31, 2019 | 8.88 Bn |
| Sep 30, 2019 | 9.14 Bn |
| Jun 30, 2019 | 7.58 Bn |
| Mar 31, 2019 | 7.19 Bn |
| Dec 31, 2018 | 6.66 Bn |
| Sep 30, 2018 | 6.49 Bn |
| Jun 30, 2018 | 6.94 Bn |