NetEase (NTES) Invested Capital (2020 - 2025)
NetEase's (NTES) quarterly Invested Capital came in at $1.7 million in Q4 2025, down 12.13% YoY from $1.9 million in Q4 2024, and down 12.13% on a QoQ basis from $1.9 million in Q4 2024.
NetEase (NTES) Invested Capital (2020 - 2025) Analysis & Trends
NetEase (NTES) has 5 years of Invested Capital data on file, last reported at $1.7 million in Q4 2025.
- Quarterly Invested Capital fell 12.13% year-over-year to $1.7 million in Q4 2025, while the trailing twelve-month figure through Mar 2026 was $1.7 million (down 12.13% YoY) and the FY2025 annual result came in at $1.6 million, down 13.28% from the prior year.
- Invested Capital eased to $1.7 million in Q4 2025, from $1.9 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $610.7 million in Q4 2021 to a low of $1.7 million in Q4 2025.
- A 4-year average of $292.0 million and a median of $277.8 million in 2024 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2021 — Invested Capital surged 70.41% — and 2025, when it declined 12.13%.
- Tracing NTES's Invested Capital over 4 years: stood at $610.7 million in 2021, then dropped by 9.33% to $553.7 million in 2022, then tumbled by 99.66% to $1.9 million in 2024, then dropped by 12.13% to $1.7 million in 2025.
- The last three Invested Capital figures came in at $1.7 million (Q4 2025), $1.9 million (Q4 2024), and $553.7 million (Q4 2022), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | NetEase | 81.78 Bn | -13,107,903.63 Bn | 3.06 Bn | - |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn | - |
| 3 | Take Two Interactive Software | 44.71 Bn | 42.88 Bn | 882.50 Mn | 629.90 Mn |
| 4 | Roblox | 27.61 Bn | 24.60 Bn | 1.18 Bn | - |
| 5 | Playtika Holding | 900.12 Mn | 461.62 Mn | 538.20 Mn | 200.00 Mn |
| 6 | DoubleDown Interactive | 637.75 Mn | 182.53 Mn | 71.22 Mn | 32.44 Mn |
| 7 | Gravity | 496.85 Mn | 496.41 Mn | 34,891.11 | - |
| 8 | Sohu.com | 359.34 Mn | -473.63 Mn | 106.58 Mn | - |
| 9 | Gdev | 196.54 Mn | 196.54 Mn | - | - |
| 10 | Meridian Holdings | 179.08 Mn | 161.77 Mn | 26.85 Mn | 9.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.66 Mn |
| Dec 31, 2024 | 1.89 Mn |
| Dec 31, 2022 | 553.67 Mn |
| Dec 31, 2021 | 610.67 Mn |
| Dec 31, 2020 | 358.36 Mn |