NetEase (NTES) Debt Ratio (2009 - 2026)
NetEase's (NTES) quarterly Debt Ratio came in at 0.05 in Q2 2026, little changed on a YoY basis from 0.05 in Q2 2025, and up 14.24% quarter-over-quarter from 0.05 in Q1 2026.
Analysis
NetEase (NTES) Debt Ratio (2009 - 2026) Analysis & Trends
NetEase (NTES) has reported Debt Ratio for 18 consecutive years, with 0.05 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio changed 0.01% year-over-year to 0.05; the trailing twelve-month figure through Jun 2026 stood at 0.05 (changed 0.01% YoY), and the FY2025 full-year result was 0.03, down 53.77% from the prior year.
- Debt Ratio rose to 0.05 in Q2 2026 per NTES's latest filing, from 0.05 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.19 in Q2 2022 and bottomed at 0.03 in Q4 2025.
- Historically, Debt Ratio has averaged 0.1 across 5 years, with a median of 0.07 in 2023.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio advanced 26.5% in 2022, then tumbled 62.25% in 2025.
- Over 5 years, Debt Ratio stood at 0.16 in 2022, then slumped by 33.62% to 0.11 in 2023, then plunged by 40.93% to 0.06 in 2024, then sank by 53.77% to 0.03 in 2025, then surged by 87.23% to 0.05 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.05, 0.05, and 0.03 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 73.81 Bn | 63.67 Bn | 3.13 Bn | 0.05 |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | 0.12 |
| 3 | Take Two Interactive Software | 40.29 Bn | 38.47 Bn | 882.50 Mn | 0.35 |
| 4 | Roblox | 32.49 Bn | 29.45 Bn | 1.18 Bn | 0.10 |
| 5 | The9 | 3.01 Bn | 3.00 Bn | 319,000.00 | 0.16 |
| 6 | Playtika Holding | 881.03 Mn | 442.53 Mn | 538.20 Mn | 0.78 |
| 7 | DoubleDown Interactive | 628.34 Mn | 74.78 Mn | 71.22 Mn | 0.03 |
| 8 | Gravity | 495.39 Mn | 494.95 Mn | 34,891.11 | - |
| 9 | Sohu.com | 356.62 Mn | -476.01 Mn | 133.81 Mn | - |
| 10 | Gdev | 206.92 Mn | 124.67 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.05 |
| Mar 31, 2026 | 0.05 |
| Dec 31, 2025 | 0.03 |
| Sep 30, 2025 | 0.03 |
| Jun 30, 2025 | 0.05 |
| Mar 31, 2025 | 0.05 |
| Dec 31, 2024 | 0.06 |
| Sep 30, 2024 | 0.06 |
| Jun 30, 2024 | 0.07 |
| Mar 31, 2024 | 0.13 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | 0.07 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 0.17 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | 0.17 |
| Jun 30, 2022 | 0.19 |
| Mar 31, 2022 | 0.16 |
| Dec 31, 2021 | 0.13 |
| Sep 30, 2021 | 0.13 |