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 | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 43.64% |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 26.97% |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 44.55% |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 6.21% |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 15.31% |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 35.90% |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | - |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | 33.94% |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 40.74% |
| 10 | NetEase | 74.83 Bn | 32.10 Bn | 3.13 Bn | 21.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.13% |
| Mar 31, 2026 | 24.04% |
| Dec 31, 2025 | 27.32% |
| Sep 30, 2025 | 30.27% |
| Jun 30, 2025 | 30.38% |
| Mar 31, 2025 | 30.88% |
| Dec 31, 2024 | 29.59% |
| Sep 30, 2024 | 26.87% |
| Jun 30, 2024 | 26.18% |
| Mar 31, 2024 | 25.97% |
| Dec 31, 2023 | 23.81% |
| Sep 30, 2023 | 22.14% |
| Jun 30, 2023 | 21.91% |
| Mar 31, 2023 | 19.33% |
| Dec 31, 2022 | 17.68% |
| Sep 30, 2022 | 19.54% |
| Jun 30, 2022 | 16.70% |
| Mar 31, 2022 | 17.62% |
| Dec 31, 2021 | 22.22% |
| Sep 30, 2021 | 18.31% |
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();