NetEase (NTES) Divestments (2018 - 2020)

NetEase (NTES) has reported Divestments for 3 consecutive years, with $14.2 million the latest figure, recorded in Q4 2020.

• For the quarter ending Q4 2020, Divestments rose 253.11% year-over-year to $14.2 million; the trailing twelve-month figure through Dec 2020 stood at $104.6 million (up 76.35% YoY), and the FY2021 full-year result was $175.0 million, up 58.17% from the prior year.
• Divestments slipped to $14.2 million in Q4 2020 per NTES's latest filing, from $57.4 million in the prior quarter.
• Across five years, Divestments topped out at $63.1 million in Q4 2018 and bottomed at -$147.8 million in Q3 2018.
• Historically, Divestments has averaged $7.9 million across 3 years, with a median of $16.2 million in 2019.
• The sharpest annual moves came in 2019 and 2020: Divestments slumped 93.64% in 2019, then soared 253.11% in 2020.
• Over 3 years, Divestments stood at $63.1 million in 2018, then plunged by 93.64% to $4.0 million in 2019, then jumped by 253.11% to $14.2 million in 2020.
• According to Business Quant data, Divestments over the past three periods registered $14.2 million, $57.4 million, and $4.8 million for Q4 2020, Q3 2020, and Q2 2020 respectively.