NetEase (NTES) Equity Ratio (2009 - 2025)
NetEase posted quarterly Equity Ratio of 0.72 for Q4 2025, up 2.31% year-on-year from 0.71 in Q4 2024, and up 2.31% on a QoQ basis from 0.71 in Q4 2024.
NetEase (NTES) has 17 years of Equity Ratio data on file, last reported at 0.72 in Q4 2025.
- For the quarter ending Q4 2025, Equity Ratio rose 2.31% year-over-year to 0.72; the trailing twelve-month figure through Dec 2025 stood at 0.72 (up 2.31% YoY), and the FY2025 full-year result was 0.72, up 2.31% from the prior year.
- Equity Ratio for Q4 2025 stood at 0.72, up from 0.71 in the prior quarter.
- Across five years, Equity Ratio topped out at 0.72 in Q4 2025 and bottomed at 0.63 in Q4 2022.
- The 5-year median for Equity Ratio is 0.69 (2023), against an average of 0.68.
- The widest annual swing landed in 2021, when Equity Ratio increased 10.45%; it then fell 2.59% in 2022.
- A 5-year view of Equity Ratio shows it stood at 0.65 in 2021, then decreased by 2.59% to 0.63 in 2022, then climbed by 9.35% to 0.69 in 2023, then grew by 2.81% to 0.71 in 2024, then gained by 2.31% to 0.72 in 2025.
- The last three Equity Ratio figures came in at 0.72 (Q4 2025), 0.71 (Q4 2024), and 0.69 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 51.49 Bn | 41.63 Bn | - | 0.72 |
| 2 | Electronic Arts | 50.24 Bn | 47.38 Bn | 1.76 Bn | 0.52 |
| 3 | Take Two Interactive Software | 41.73 Bn | 39.37 Bn | 945.50 Mn | 0.35 |
| 4 | Roblox | 34.28 Bn | 31.06 Bn | 1.15 Bn | 0.04 |
| 5 | Playtika Holding | 1.29 Bn | 514.59 Mn | 384.10 Mn | -0.13 |
| 6 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | - |
| 7 | Gdev | 278.25 Mn | 169.93 Mn | - | -0.39 |
| 8 | DoubleDown Interactive | 253.74 Mn | -279.47 Mn | 69.71 Mn | 0.91 |
| 9 | Skillz | 136.00 Mn | -23.93 Mn | 25.51 Mn | 0.36 |
| 10 | GCL Global Holdings | 84.04 Mn | -16,894.62 Bn | - | 0.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.72 |
| Dec 31, 2024 | 0.71 |
| Dec 31, 2023 | 0.69 |
| Dec 31, 2022 | 0.63 |
| Mar 31, 2022 | 638,171.35 |
| Dec 31, 2021 | 0.65 |
| Sep 30, 2021 | 575,854.52 |
| Jun 30, 2021 | 564,542.06 |
| Mar 31, 2021 | 579,241.85 |
| Dec 31, 2020 | 0.59 |
| Sep 30, 2020 | 0.59 |
| Jun 30, 2020 | 0.60 |
| Mar 31, 2020 | 0.54 |
| Dec 31, 2019 | 0.56 |
| Sep 30, 2019 | 0.61 |
| Jun 30, 2019 | 0.56 |
| Mar 31, 2019 | 0.53 |
| Dec 31, 2018 | 0.53 |
| Sep 30, 2018 | 0.55 |
| Jun 30, 2018 | 0.59 |
| Mar 31, 2018 | 0.61 |
| Dec 31, 2017 | 0.65 |
| Sep 30, 2017 | 0.69 |
| Jun 30, 2017 | 0.68 |
| Mar 31, 2017 | 0.67 |
| Dec 31, 2016 | 0.66 |
| Sep 30, 2016 | 0.71 |
| Jun 30, 2016 | 0.72 |
| Mar 31, 2016 | 0.72 |
| Dec 31, 2015 | 0.71 |
| Sep 30, 2015 | 0.73 |
| Jun 30, 2015 | 0.74 |
| Mar 31, 2015 | 0.78 |
| Dec 31, 2014 | 0.77 |
| Sep 30, 2014 | 0.78 |
| Jun 30, 2014 | 0.78 |
| Mar 31, 2014 | 0.79 |
| Dec 31, 2013 | 0.82 |
| Sep 30, 2013 | 0.82 |
| Jun 30, 2013 | 0.81 |
| Mar 31, 2013 | 0.80 |
| Dec 31, 2012 | 0.81 |
| Sep 30, 2012 | 0.86 |
| Jun 30, 2012 | 0.86 |
| Mar 31, 2012 | 0.85 |
| Dec 31, 2011 | 0.85 |
| Sep 30, 2011 | 0.84 |
| Jun 30, 2011 | 0.85 |
| Mar 31, 2011 | 0.85 |
| Dec 31, 2010 | 0.84 |
| Dec 31, 2009 | 0.84 |