NetEase (NTES) Other Working Capital Changes (2021 - 2026)
NetEase's (NTES) quarterly Other Working Capital Changes came in at -$2.5 million in Q2 2026, down 103.07% on a YoY basis from $80.7 million in Q2 2025, and down 114.78% quarter-over-quarter from $16.8 million in Q1 2026.
Analysis
NetEase (NTES) Other Working Capital Changes (2021 - 2026) Analysis & Trends
NetEase (NTES) has reported Other Working Capital Changes for 18 consecutive years, with -$2.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Other Working Capital Changes fell 103.07% year-over-year to -$2.5 million; the trailing twelve-month figure through Jun 2026 stood at -$11.0 million (up 94.27% YoY), and the FY2025 full-year result was $14.4 million, up 112.98% from the prior year.
- Other Working Capital Changes retreated to -$2.5 million in Q2 2026 per NTES's latest filing, from $16.8 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $360.4 million in Q3 2025 and bottomed at -$370.1 million in Q2 2026.
- Historically, Other Working Capital Changes has averaged $61.1 million across 5 years, with a median of $57.0 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Other Working Capital Changes tumbled 247.13% in 2023, then surged 7200.91% in 2024.
- Over 5 years, Other Working Capital Changes stood at $154.1 million in 2022, then sank by 51.09% to $75.4 million in 2023, then tumbled by 179.84% to -$60.2 million in 2024, then surged by 264.48% to $99.0 million in 2025, then tumbled by 102.5% to -$2.5 million in 2026.
- According to Business Quant data, Other Working Capital Changes over the past three periods registered -$2.5 million, $16.8 million, and $99.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | NetEase | 73.81 Bn | 63.67 Bn | 3.13 Bn |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn |
| 3 | Take Two Interactive Software | 40.29 Bn | 38.47 Bn | 882.50 Mn |
| 4 | Roblox | 32.49 Bn | 29.45 Bn | 1.18 Bn |
| 5 | The9 | 3.01 Bn | 3.00 Bn | 319,000.00 |
| 6 | Playtika Holding | 881.03 Mn | 442.53 Mn | 538.20 Mn |
| 7 | DoubleDown Interactive | 628.34 Mn | 74.78 Mn | 71.22 Mn |
| 8 | Gravity | 495.39 Mn | 494.95 Mn | 34,891.11 |
| 9 | Sohu.com | 356.62 Mn | -476.01 Mn | 133.81 Mn |
| 10 | Gdev | 206.92 Mn | 124.67 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -370.10 Mn |
| Jun 30, 2026 | -370.10 Mn |
| Mar 31, 2026 | 199.87 Mn |
| Mar 31, 2026 | 199.87 Mn |
| Dec 31, 2025 | 147.78 Mn |
| Dec 31, 2025 | 147.78 Mn |
| Sep 30, 2025 | 360.39 Mn |
| Sep 30, 2025 | 360.39 Mn |
| Jun 30, 2025 | -99.36 Mn |
| Jun 30, 2025 | -99.36 Mn |
| Mar 31, 2025 | 347.52 Mn |
| Mar 31, 2025 | 347.52 Mn |
| Dec 31, 2024 | -29.18 Mn |
| Dec 31, 2024 | -29.18 Mn |
| Sep 30, 2024 | 269.02 Mn |
| Sep 30, 2024 | 269.02 Mn |
| Jun 30, 2024 | -175.48 Mn |
| Jun 30, 2024 | -175.48 Mn |
| Mar 31, 2024 | 220.13 Mn |
| Mar 31, 2024 | 220.13 Mn |