NetEase (NTES) Divestments (2018 - 2024)
NetEase's (NTES) quarterly Divestments came in at $116.1 million in Q2 2024, up 4820.07% YoY from $2.4 million in Q3 2023, and up 871.69% on a QoQ basis from $12.0 million in Q1 2024.
NetEase (NTES) Divestments (2018 - 2024) Analysis & Trends
NetEase (NTES) has 7 years of Divestments data on file, last reported at $116.1 million in Q2 2024.
- Quarterly Divestments rose 4820.07% year-over-year to $116.1 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $141.2 million (down 60.16% YoY) and the FY2023 annual result came in at $21.6 million, down 93.99% from the prior year.
- Divestments advanced to $116.1 million in Q2 2024, from $12.0 million in the prior quarter.
- In the past five years, Divestments ranged from a high of $333.0 million in Q3 2022 to a low of $972513.1 in Q2 2022.
- A 5-year average of $43.3 million and a median of $12.5 million in 2024 frame the typical range for Divestments.
- Annual changes were most pronounced in 2022 — Divestments surged 6286.28% — and 2023, when it sank 99.13%.
- Tracing NTES's Divestments over 5 years: stood at $14.2 million in 2020, then surged by 580.41% to $96.4 million in 2021, then sank by 86.47% to $13.0 million in 2022, then declined by 21.38% to $10.3 million in 2023, then soared by 1032.09% to $116.1 million in 2024.
- The last three Divestments figures came in at $116.1 million (Q2 2024), $12.0 million (Q1 2024), and $10.3 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 76.41 Bn | -13,107,909.00 Bn | 3.06 Bn | - |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | - |
| 3 | Take Two Interactive Software | 44.66 Bn | 42.84 Bn | 882.50 Mn | - |
| 4 | Roblox | 27.67 Bn | 24.66 Bn | 1.18 Bn | - |
| 5 | Playtika Holding | 896.31 Mn | 457.81 Mn | 538.20 Mn | - |
| 6 | DoubleDown Interactive | 632.30 Mn | 177.08 Mn | 71.22 Mn | - |
| 7 | Gravity | 490.49 Mn | 490.06 Mn | 34,891.11 | - |
| 8 | Sohu.com | 366.49 Mn | -466.48 Mn | 106.58 Mn | - |
| 9 | Gdev | 202.43 Mn | 202.43 Mn | - | - |
| 10 | Meridian Holdings | 176.93 Mn | 159.61 Mn | 26.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 116.12 Mn |
| Mar 31, 2024 | 11.95 Mn |
| Dec 31, 2023 | 10.26 Mn |
| Sep 30, 2023 | 2.89 Mn |
| Jun 30, 2023 | 2.36 Mn |
| Mar 31, 2023 | 6.03 Mn |
| Dec 31, 2022 | 13.05 Mn |
| Sep 30, 2022 | 332.99 Mn |
| Jun 30, 2022 | 972,513.06 |
| Mar 31, 2022 | 5.39 Mn |
| Dec 31, 2021 | 96.43 Mn |
| Sep 30, 2021 | 5.21 Mn |
| Jun 30, 2021 | 41.21 Mn |
| Mar 31, 2021 | 30.68 Mn |
| Dec 31, 2020 | 14.17 Mn |
| Sep 30, 2020 | 57.41 Mn |
| Jun 30, 2020 | 4.78 Mn |
| Mar 31, 2020 | 28.22 Mn |
| Dec 31, 2019 | 4.01 Mn |
| Sep 30, 2019 | 18.17 Mn |