NetEase (NTES) Return on Equity [ROE] (2009 - 2026)
NetEase (NTES) recorded Return on Equity [ROE] of 21.13% in the quarter ended Jun 30, 2026, down 9.26 percentage points from 30.38% a year earlier and down 2.91 percentage points from the prior quarter.
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Analysis
NetEase (NTES) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, NetEase reported Return on Equity [ROE] of 22.19%, down 0.20 percentage points from the prior year.
- Annual Return on Equity [ROE] has a five-year change of +5.63 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Equity [ROE] came in at 22.40% in the year ended Dec 31, 2024 (-2.26 pp), 24.66% in the year ended Dec 31, 2023 (+4.97 pp), 19.69% in the year ended Dec 31, 2022 (+1.07 pp) and 18.62% in the year ended Dec 31, 2021 (+2.06 pp).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Return on Equity [ROE] since the quarter ended Mar 31, 2023.
- On a year-over-year basis, Return on Equity [ROE] has declined for three consecutive quarters, with an average year-over-year change of +0.58 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 7.89 percentage points in the quarter ended Dec 31, 2021, against a drop of 9.26 percentage points in the quarter ended Jun 30, 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 24.04% (quarter ended Mar 31, 2026), 27.32% (quarter ended Dec 31, 2025) and 30.27% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,893.85 Bn | 3,651.37 Bn | 73.85 Bn | 43.64% |
| 2 | Meta Platforms | 1,633.93 Bn | 1,336.45 Bn | 49.47 Bn | 26.97% |
| 3 | Netflix | 271.96 Bn | 233.26 Bn | 6.80 Bn | 49.69% |
| 4 | Alibaba Group Holding | 231.45 Bn | 45.22 Bn | 15.11 Bn | 6.20% |
| 5 | Shopify | 218.36 Bn | 195.54 Bn | 1.71 Bn | 15.31% |
| 6 | Uber Technologies | 135.44 Bn | 107.24 Bn | 6.38 Bn | 35.90% |
| 7 | Booking Holdings | 119.78 Bn | 52.83 Bn | - | - |
| 8 | Spotify Technology | 119.39 Bn | 76.31 Bn | 1.89 Bn | 35.30% |
| 9 | PDD Holdings | 110.49 Bn | -133.29 Bn | 9.45 Bn | 21.12% |
| 10 | NetEase | 75.68 Bn | 33.93 Bn | 3.13 Bn | 19.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.60% |
| Mar 31, 2026 | 20.87% |
| Dec 31, 2025 | 21.23% |
| Sep 30, 2025 | 24.19% |
| Jun 30, 2025 | 24.03% |
| Mar 31, 2025 | 23.25% |
| Dec 31, 2024 | 21.96% |
| Sep 30, 2024 | 21.14% |
| Jun 30, 2024 | 22.69% |
| Mar 31, 2024 | 23.94% |
| Dec 31, 2023 | 24.12% |
| Sep 30, 2023 | 23.37% |
| Jun 30, 2023 | 23.12% |
| Mar 31, 2023 | 20.73% |
| Dec 31, 2022 | 19.45% |
| Sep 30, 2022 | 22.16% |
| Jun 30, 2022 | 18.74% |
| Mar 31, 2022 | 16.90% |
| Dec 31, 2021 | 18.46% |
| Sep 30, 2021 | 14.38% |
API Access
NetEase Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=NTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "NTES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=NTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();