NetEase (NTES) Other Working Capital Changes (2009 - 2026)
NetEase's (NTES) quarterly Other Working Capital Changes came in at $199.9 million in Q1 2026, down 42.49% YoY from $347.5 million in Q1 2025, and up 35.25% on a QoQ basis from $147.8 million in Q4 2025.
NetEase (NTES) Other Working Capital Changes (2009 - 2026) Analysis & Trends
NetEase (NTES) has 18 years of Other Working Capital Changes data on file, last reported at $199.9 million in Q1 2026.
- Quarterly Other Working Capital Changes fell 42.49% year-over-year to $199.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $608.7 million (up 47.78% YoY) and the FY2025 annual result came in at $777.2 million, up 180.54% from the prior year.
- Other Working Capital Changes improved to $199.9 million in Q1 2026, from $147.8 million in the prior quarter.
- In the past five years, Other Working Capital Changes ranged from a high of $154.1 million in Q4 2022 to a low of -$172.2 million in Q3 2024.
- A 5-year average of $1.5 million and a median of $16.8 million in 2026 frame the typical range for Other Working Capital Changes.
- Annual changes were most pronounced in 2023 — Other Working Capital Changes soared 681.3% — and 2024, when it plunged 2883.42%.
- Tracing NTES's Other Working Capital Changes over 5 years: stood at -$196.4 million in 2022, then surged by 40.05% to -$117.7 million in 2023, then jumped by 75.21% to -$29.2 million in 2024, then jumped by 606.39% to $147.8 million in 2025, then soared by 35.25% to $199.9 million in 2026.
- The last three Other Working Capital Changes figures came in at $199.9 million (Q1 2026), $147.8 million (Q4 2025), and $360.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | NetEase | 81.75 Bn | -13,107,903.67 Bn | 3.06 Bn |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn |
| 3 | Take Two Interactive Software | 45.29 Bn | 43.47 Bn | 882.50 Mn |
| 4 | Roblox | 27.65 Bn | 24.63 Bn | 1.18 Bn |
| 5 | Playtika Holding | 903.93 Mn | 465.43 Mn | 538.20 Mn |
| 6 | DoubleDown Interactive | 638.50 Mn | 183.27 Mn | 71.22 Mn |
| 7 | Gravity | 493.16 Mn | 492.73 Mn | 34,891.11 |
| 8 | Sohu.com | 362.04 Mn | -470.94 Mn | 106.58 Mn |
| 9 | Gdev | 196.72 Mn | 196.72 Mn | - |
| 10 | Meridian Holdings | 177.00 Mn | 159.68 Mn | 26.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.77 Mn |
| Mar 31, 2026 | 16.77 Mn |
| Mar 31, 2026 | 16.77 Mn |
| Dec 31, 2025 | 98.97 Mn |
| Dec 31, 2025 | 98.97 Mn |
| Dec 31, 2025 | 98.97 Mn |
| Sep 30, 2025 | -124.28 Mn |
| Sep 30, 2025 | -124.28 Mn |
| Sep 30, 2025 | -124.28 Mn |
| Jun 30, 2025 | 80.67 Mn |
| Jun 30, 2025 | 80.67 Mn |
| Jun 30, 2025 | 80.67 Mn |
| Mar 31, 2025 | -40.61 Mn |
| Mar 31, 2025 | -40.61 Mn |
| Mar 31, 2025 | -40.61 Mn |
| Dec 31, 2024 | -60.17 Mn |
| Dec 31, 2024 | -60.17 Mn |
| Dec 31, 2024 | -60.17 Mn |
| Sep 30, 2024 | -172.23 Mn |
| Sep 30, 2024 | -172.23 Mn |