NetEase Common Stock vs Total Assets Analysis

NTES Stock  USD 95.99  1.87  1.99%   
NetEase financial indicator trend analysis is infinitely more than just investigating NetEase recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetEase is a good investment. Please check the relationship between NetEase Common Stock and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetEase. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetEase Common Stock account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between NetEase's Common Stock and Total Assets is 0.62. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of NetEase, assuming nothing else is changed. The correlation between historical values of NetEase's Common Stock and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of NetEase are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock i.e., NetEase's Common Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Total Assets

Total assets refers to the total amount of NetEase assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NetEase books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from NetEase's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NetEase current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetEase. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.At this time, NetEase's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 829.1 M in 2024, whereas Tax Provision is likely to drop slightly above 3.4 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit47.0B52.8B63.1B66.2B
Total Revenue87.6B96.5B103.5B108.6B

NetEase fundamental ratios Correlations

0.950.990.990.970.330.990.380.90.991.00.930.51-0.240.440.820.970.891.00.620.960.980.980.930.99-0.28
0.950.90.970.960.110.970.250.890.920.950.90.55-0.130.580.680.870.930.950.830.830.940.950.930.94-0.26
0.990.90.960.960.440.960.480.860.980.980.940.45-0.240.360.820.990.830.990.520.980.980.960.880.98-0.23
0.990.970.960.960.221.00.310.930.980.990.920.55-0.230.510.80.930.920.990.690.920.970.980.960.99-0.28
0.970.960.960.960.30.970.480.860.940.960.950.55-0.250.480.670.940.860.970.690.90.970.940.860.95-0.13
0.330.110.440.220.30.230.53-0.040.360.290.33-0.1-0.16-0.370.370.520.00.32-0.30.50.310.250.050.360.08
0.990.970.961.00.970.230.350.920.970.990.930.57-0.250.50.770.940.920.990.690.920.980.980.940.98-0.24
0.380.250.480.310.480.530.350.180.310.330.560.21-0.36-0.180.160.480.060.4-0.10.430.460.230.10.360.49
0.90.890.860.930.86-0.040.920.180.890.910.80.47-0.140.610.740.820.940.90.660.840.880.930.960.87-0.35
0.990.920.980.980.940.360.970.310.890.990.90.44-0.180.430.860.970.880.980.580.970.960.990.940.98-0.36
1.00.950.980.990.960.290.990.330.910.990.920.51-0.220.450.820.960.911.00.640.950.970.990.941.0-0.29
0.930.90.940.920.950.330.930.560.80.90.920.51-0.270.320.690.920.750.940.570.860.980.890.810.92-0.17
0.510.550.450.550.55-0.10.570.210.470.440.510.51-0.820.450.290.420.460.530.520.360.520.450.440.510.13
-0.24-0.13-0.24-0.23-0.25-0.16-0.25-0.36-0.14-0.18-0.22-0.27-0.82-0.05-0.18-0.25-0.04-0.260.06-0.21-0.26-0.13-0.08-0.23-0.32
0.440.580.360.510.48-0.370.5-0.180.610.430.450.320.45-0.050.230.310.680.450.710.340.390.510.570.4-0.3
0.820.680.820.80.670.370.770.160.740.860.820.690.29-0.180.230.820.660.810.290.840.780.820.840.82-0.43
0.970.870.990.930.940.520.940.480.820.970.960.920.42-0.250.310.820.80.970.460.980.960.940.850.97-0.25
0.890.930.830.920.860.00.920.060.940.880.910.750.46-0.040.680.660.80.890.790.810.840.940.940.89-0.41
1.00.950.990.990.970.320.990.40.90.981.00.940.53-0.260.450.810.970.890.630.950.980.980.930.99-0.24
0.620.830.520.690.69-0.30.69-0.10.660.580.640.570.520.060.710.290.460.790.630.410.60.670.70.62-0.23
0.960.830.980.920.90.50.920.430.840.970.950.860.36-0.210.340.840.980.810.950.410.920.940.860.95-0.27
0.980.940.980.970.970.310.980.460.880.960.970.980.52-0.260.390.780.960.840.980.60.920.950.890.97-0.25
0.980.950.960.980.940.250.980.230.930.990.990.890.45-0.130.510.820.940.940.980.670.940.950.960.98-0.39
0.930.930.880.960.860.050.940.10.960.940.940.810.44-0.080.570.840.850.940.930.70.860.890.960.92-0.41
0.990.940.980.990.950.360.980.360.870.981.00.920.51-0.230.40.820.970.890.990.620.950.970.980.92-0.27
-0.28-0.26-0.23-0.28-0.130.08-0.240.49-0.35-0.36-0.29-0.170.13-0.32-0.3-0.43-0.25-0.41-0.24-0.23-0.27-0.25-0.39-0.41-0.27
Click cells to compare fundamentals

NetEase Account Relationship Matchups

NetEase fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets112.1B141.9B153.6B172.8B185.9B195.2B
Other Current Liab11.6B15.2B18.0B18.9B33.7B35.4B
Total Current Liabilities38.2B46.7B50.5B56.8B53.8B56.5B
Total Stockholder Equity61.5B82.1B95.3B104.7B124.3B130.5B
Property Plant And Equipment Net4.6B4.6B5.4B6.3B8.1B8.5B
Net Debt13.6B10.4B6.1B2.6B(1.8B)(1.7B)
Retained Earnings56.4B64.2B77.5B91.1B104.7B110.0B
Accounts Payable1.2B1.1B985.1M1.5B881.0M635.6M
Cash3.2B9.1B14.5B24.9B21.4B22.5B
Non Current Assets Total27.0B34.0B40.5B41.2B43.2B45.4B
Cash And Short Term Investments72.0B93.5B97.5B117.5B126.7B133.1B
Net Receivables4.2B4.6B5.5B5.0B6.4B6.7B
Common Stock Shares Outstanding650.9M650.0M670.0M673.5M650.4M924.1M
Liabilities And Stockholders Equity112.1B141.9B153.6B172.8B185.9B195.2B
Other Current Assets118.0M108.8M126.4M5.4B8.9B9.3B
Other Stockholder Equity3.9B17.4B17.4B13.2B11.9B8.1B
Total Liab49.5B58.9B54.4B63.9B57.8B60.7B
Property Plant And Equipment Gross4.6B4.6B5.4B13.5B15.5B16.3B
Total Current Assets85.1B107.8B113.1B131.6B142.7B149.8B
Accumulated Other Comprehensive Income1.1B578.0M417.1M431.8M496.6M524.2M
Common Stock2.6M2.6M2.8M2.7M124.3B130.5B
Short Long Term Debt Total16.8B19.5B20.6B27.5B19.7B20.7B
Current Deferred Revenue8.6B10.9B12.1B12.5B14.4B15.1B
Non Currrent Assets Other15.4B17.6B23.9B26.2B30.0B31.5B
Other Assets2.9B18.7B25.2B27.7B31.9B33.5B
Short Term Investments68.8B84.4B83.0B92.6B105.3B110.6B
Inventory650.6M621.2M964.7M993.6M695.4M1.2B
Short Term Debt16.8B19.5B19.4B23.9B19.2B20.2B
Property Plant Equipment5.1B4.6B5.4B6.3B7.3B7.7B
Other Liab560.0M1.3B1.3B3.4B3.9B4.1B
Non Current Liabilities Total11.3B12.1B3.9B7.1B4.0B2.6B
Intangible Assets3.7B4.2B4.1B4.1B4.1B4.3B
Net Tangible Assets54.1B77.9B91.2B100.6B115.7B121.5B
Long Term Investments11.7B6.6B5.8B3.0B3.4B4.4B
Short Long Term Debt16.8B19.5B19.4B23.9B27.5B28.8B
Capital Lease Obligations471.4M805.7M1.1B931.7M1.1B1.1B

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When determining whether NetEase is a strong investment it is important to analyze NetEase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NetEase's future performance. For an informed investment choice regarding NetEase Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetEase. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.
Note that the NetEase information on this page should be used as a complementary analysis to other NetEase's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running NetEase's price analysis, check to measure NetEase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetEase is operating at the current time. Most of NetEase's value examination focuses on studying past and present price action to predict the probability of NetEase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetEase's price. Additionally, you may evaluate how the addition of NetEase to your portfolios can decrease your overall portfolio volatility.
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Is NetEase's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetEase. If investors know NetEase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetEase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.674
Dividend Share
18.187
Earnings Share
6.24
Revenue Per Share
160.841
Quarterly Revenue Growth
0.07
The market value of NetEase is measured differently than its book value, which is the value of NetEase that is recorded on the company's balance sheet. Investors also form their own opinion of NetEase's value that differs from its market value or its book value, called intrinsic value, which is NetEase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetEase's market value can be influenced by many factors that don't directly affect NetEase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetEase's value and its price as these two are different measures arrived at by different means. Investors typically determine if NetEase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetEase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.