NetEase (NTES) Notes Payables (2011 - 2025)

NetEase posted quarterly Notes Payables of $900.2 million for Q4 2025, down 45.23% year-on-year from $1.6 billion in Q4 2024, and down 45.23% on a QoQ basis from $1.6 billion in Q4 2024.

NetEase (NTES) has 15 years of Notes Payables data on file, last reported at $900.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Notes Payables fell 45.23% year-over-year to $900.2 million; the trailing twelve-month figure through Dec 2025 stood at $900.2 million (down 45.23% YoY), and the FY2025 full-year result was $913.0 million, down 43.55% from the prior year.
  • Notes Payables for Q4 2025 stood at $900.2 million, down from $1.6 billion in the prior quarter.
  • Across five years, Notes Payables topped out at $3.4 billion in Q4 2022 and bottomed at $900.2 million in Q4 2025.
  • The 5-year median for Notes Payables is $2.7 billion (2023), against an average of $2.3 billion.
  • The widest annual swing landed in 2022, when Notes Payables grew 10.91%; it then plunged 45.23% in 2025.
  • A 5-year view of Notes Payables shows it stood at $3.0 billion in 2021, then gained by 10.91% to $3.4 billion in 2022, then slipped by 20.4% to $2.7 billion in 2023, then slumped by 38.5% to $1.6 billion in 2024, then plunged by 45.23% to $900.2 million in 2025.
  • The last three Notes Payables figures came in at $900.2 million (Q4 2025), $1.6 billion (Q4 2024), and $2.7 billion (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 NetEase 51.49 Bn 41.63 Bn -
2 Electronic Arts 50.24 Bn 47.38 Bn 1.76 Bn
3 Take Two Interactive Software 41.73 Bn 39.37 Bn 945.50 Mn
4 Roblox 34.28 Bn 31.06 Bn 1.15 Bn
5 Playtika Holding 1.29 Bn 514.59 Mn 384.10 Mn
6 Sohu.com 430.85 Mn -399.49 Mn 111.48 Mn
7 Gdev 278.25 Mn 169.93 Mn -
8 DoubleDown Interactive 253.74 Mn -279.47 Mn 69.71 Mn
9 Skillz 136.00 Mn -23.93 Mn 25.51 Mn
10 GCL Global Holdings 84.04 Mn -16,894.62 Bn -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 900.16 Mn
Sep 30, 2025 1,026,921.89 Bn
Jun 30, 2025 1,558,979.73 Bn
Mar 31, 2025 1,351,451.48 Bn
Dec 31, 2024 1.64 Bn
Sep 30, 2024 1,478,226.71 Bn
Jun 30, 2024 1,821,639.77 Bn
Mar 31, 2024 3,474,257.75 Bn
Dec 31, 2023 2.67 Bn
Sep 30, 2023 1,551.32 Bn
Jun 30, 2023 1,696,401.14 Bn
Mar 31, 2023 4,004,085.06 Bn
Dec 31, 2022 3.36 Bn
Mar 31, 2022 3,573.39 Bn
Dec 31, 2021 3.03 Bn
Sep 30, 2021 3,031.97 Bn
Jun 30, 2021 4,207.53 Bn
Mar 31, 2021 3,367.27 Bn
Dec 31, 2020 2.94 Bn
Sep 30, 2020 3.21 Bn
Jun 30, 2020 3.10 Bn
Mar 31, 2020 2.77 Bn
Dec 31, 2019 2.39 Bn
Sep 30, 2019 2.21 Bn
Jun 30, 2019 1.99 Bn
Mar 31, 2019 2.09 Bn
Dec 31, 2018 1.98 Bn
Sep 30, 2018 2.01 Bn
Jun 30, 2018 2.00 Bn
Mar 31, 2018 1.50 Bn
Dec 31, 2017 1.00 Bn
Sep 30, 2017 859.57 Mn
Jun 30, 2017 783.90 Mn
Mar 31, 2017 650.99 Mn
Dec 31, 2016 193.72 Mn
Sep 30, 2016 451.03 Mn
Jun 30, 2016 355.99 Mn
Mar 31, 2016 346.29 Mn
Dec 31, 2015 356.22 Mn
Sep 30, 2015 354.05 Mn
Jun 30, 2015 345.46 Mn
Mar 31, 2015 197.31 Mn
Dec 31, 2014 101.35 Mn
Sep 30, 2014 334.79 Mn
Jun 30, 2014 331.31 Mn
Mar 31, 2014 293.08 Mn
Dec 31, 2013 160.40 Mn
Sep 30, 2013 160.84 Mn
Jun 30, 2013 160.69 Mn
Mar 31, 2013 161.12 Mn
Dec 31, 2012 61.13 Mn
Dec 31, 2011 42.08 Mn