Netease Stock Z Score

NTES Stock

USD 88.64 1.11 1.27%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out NetEase Piotroski F Score and NetEase Valuation analysis.

For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.

At this time, NetEase's Capital Surpluse is comparatively stable compared to the past year. Capital Expenditures is likely to gain to about 4.5 B in 2024, whereas Net Invested Capital is likely to drop slightly above 107.4 B in 2024. At this time, NetEase's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 42.4 B in 2024, whereas Minority Interest is likely to drop slightly above 281.6 M in 2024.

NetEase Company Z Score Analysis

NetEase's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

NetEase Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for NetEase is extremely important. It helps to project a fair market value of NetEase Stock properly, considering its historical fundamentals such as Z Score. Since NetEase's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NetEase's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NetEase's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Short Term Investments	Short Term Debt	Property Plant Equipment	Long Term Debt	Intangible Assets	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.37	0.98	0.38	0.93	0.97	1.0	0.63	0.98	0.99	0.96	0.97	0.59	0.96	0.96	0.78	0.9	0.82	0.92	0.87	0.8
Total Stockholder Equity	0.99		0.26	1.0	0.31	0.92	0.93	0.99	0.66	0.98	0.99	0.92	0.95	0.56	0.94	0.97	0.81	0.85	0.83	0.92	0.89	0.85
Net Debt	0.37	0.26		0.23	0.53	0.36	0.55	0.36	0.02	0.27	0.4	0.55	0.41	0.19	0.43	0.27	0.14	0.63	0.23	0.23	0.11	-0.03
Retained Earnings	0.98	1.0	0.23		0.33	0.92	0.92	0.99	0.67	0.98	0.98	0.91	0.96	0.52	0.94	0.96	0.84	0.83	0.81	0.91	0.88	0.86
Accounts Payable	0.38	0.31	0.53	0.33		0.56	0.48	0.4	0.22	0.39	0.36	0.44	0.53	0.19	0.31	0.25	0.09	0.48	-0.1	0.14	0.06	-0.03
Net Receivables	0.93	0.92	0.36	0.92	0.56		0.92	0.94	0.6	0.97	0.92	0.88	0.97	0.41	0.89	0.86	0.74	0.81	0.65	0.77	0.72	0.71
Total Liab	0.97	0.93	0.55	0.92	0.48	0.92		0.97	0.54	0.93	0.97	0.99	0.96	0.61	0.95	0.91	0.69	0.96	0.75	0.87	0.8	0.68
Total Current Assets	1.0	0.99	0.36	0.99	0.4	0.94	0.97		0.64	0.98	0.99	0.96	0.97	0.58	0.95	0.96	0.78	0.89	0.8	0.91	0.87	0.8
Common Stock	0.63	0.66	0.02	0.67	0.22	0.6	0.54	0.64		0.65	0.63	0.51	0.57	0.18	0.55	0.56	0.55	0.45	0.48	0.55	0.57	0.62
Current Deferred Revenue	0.98	0.98	0.27	0.98	0.39	0.97	0.93	0.98	0.65		0.97	0.91	0.97	0.47	0.95	0.94	0.83	0.83	0.76	0.87	0.84	0.84
Short Term Investments	0.99	0.99	0.4	0.98	0.36	0.92	0.97	0.99	0.63	0.97		0.96	0.96	0.56	0.96	0.96	0.8	0.9	0.84	0.91	0.87	0.81
Short Term Debt	0.96	0.92	0.55	0.91	0.44	0.88	0.99	0.96	0.51	0.91	0.96		0.94	0.66	0.95	0.91	0.66	0.97	0.76	0.89	0.81	0.67
Property Plant Equipment	0.97	0.95	0.41	0.96	0.53	0.97	0.96	0.97	0.57	0.97	0.96	0.94		0.48	0.94	0.9	0.79	0.87	0.71	0.83	0.78	0.74
Long Term Debt	0.59	0.56	0.19	0.52	0.19	0.41	0.61	0.58	0.18	0.47	0.56	0.66	0.48		0.46	0.58	0.05	0.69	0.51	0.7	0.64	0.25
Intangible Assets	0.96	0.94	0.43	0.94	0.31	0.89	0.95	0.95	0.55	0.95	0.96	0.95	0.94	0.46		0.93	0.85	0.88	0.76	0.88	0.82	0.82
Net Tangible Assets	0.96	0.97	0.27	0.96	0.25	0.86	0.91	0.96	0.56	0.94	0.96	0.91	0.9	0.58	0.93		0.8	0.85	0.84	0.93	0.9	0.85
Long Term Investments	0.78	0.81	0.14	0.84	0.09	0.74	0.69	0.78	0.55	0.83	0.8	0.66	0.79	0.05	0.85	0.8		0.55	0.71	0.68	0.7	0.89
Short Long Term Debt	0.9	0.85	0.63	0.83	0.48	0.81	0.96	0.89	0.45	0.83	0.9	0.97	0.87	0.69	0.88	0.85	0.55		0.7	0.88	0.79	0.59
Capital Surpluse	0.82	0.83	0.23	0.81	-0.1	0.65	0.75	0.8	0.48	0.76	0.84	0.76	0.71	0.51	0.76	0.84	0.71	0.7		0.85	0.86	0.77
Net Invested Capital	0.92	0.92	0.23	0.91	0.14	0.77	0.87	0.91	0.55	0.87	0.91	0.89	0.83	0.7	0.88	0.93	0.68	0.88	0.85		0.98	0.83
Net Working Capital	0.87	0.89	0.11	0.88	0.06	0.72	0.8	0.87	0.57	0.84	0.87	0.81	0.78	0.64	0.82	0.9	0.7	0.79	0.86	0.98		0.87
Capital Stock	0.8	0.85	-0.03	0.86	-0.03	0.71	0.68	0.8	0.62	0.84	0.81	0.67	0.74	0.25	0.82	0.85	0.89	0.59	0.77	0.83	0.87

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict NetEase

Based on the company's disclosures, NetEase has a Z Score of 0.0. This is 100.0% lower than that of the Entertainment sector and about the same as Communication Services (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

NetEase Current Valuation Drivers

We derive many important indicators used in calculating different scores of NetEase from analyzing NetEase's financial statements. These drivers represent accounts that assess NetEase's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NetEase's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	275.0B	413.1B	430.0B	327.0B	429.8B	451.3B
Enterprise Value	288.6B	423.5B	436.2B	329.6B	428.9B	450.3B

NetEase ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NetEase's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NetEase's managers, analysts, and investors.

Environmental

Governance

Social

NetEase Institutional Holders

Institutional Holdings refers to the ownership stake in NetEase that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NetEase's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NetEase's value.

		Shares
Lazard Asset Management Llc	2024-06-30	1.6 M
Hillhouse Capital Advisors, Ltd.	2024-06-30	1.4 M
Blackrock Inc	2024-06-30	1.4 M
T. Rowe Price Associates, Inc.	2024-06-30	1.3 M
Fisher Asset Management, Llc	2024-09-30	1.1 M
Capital Research & Mgmt Co - Division 3	2024-09-30	1.1 M
Amvescap Plc.	2024-06-30	1 M
Wellington Management Company Llp	2024-06-30	1 M
Renaissance Technologies Corp	2024-09-30	948.1 K
Ninety One Uk Limited	2024-09-30	6.4 M
Ubs Asset Mgmt Americas Inc	2024-09-30	6.3 M

NetEase Fundamentals

	Return On Equity	0.23
	Return On Asset	0.1
	Profit Margin	0.27 %
	Operating Margin	0.27 %
	Current Valuation	40.25 B
	Shares Outstanding	644.49 M
	Shares Owned By Insiders	1.37 %
	Shares Owned By Institutions	12.71 %
	Number Of Shares Shorted	4.84 M
	Price To Earning	15.22 X
	Price To Book	3.09 X
	Price To Sales	0.53 X
	Revenue	103.47 B
	Gross Profit	52.77 B
	EBITDA	30.76 B
	Net Income	29.36 B
	Cash And Equivalents	116.24 B
	Cash Per Share	178.11 X
	Total Debt	20.48 B
	Debt To Equity	0.26 %
	Current Ratio	2.31 X
	Book Value Per Share	38.71 X
	Cash Flow From Operations	35.33 B
	Short Ratio	2.60 X
	Earnings Per Share	5.86 X
	Price To Earnings To Growth	1.40 X
	Target Price	820.66
	Number Of Employees	29.13 K
	Beta	0.8
	Market Capitalization	56.41 B
	Total Asset	185.92 B
	Retained Earnings	112.21 B
	Working Capital	88.85 B
	Current Asset	34.41 B
	Current Liabilities	11.67 B
	Annual Yield	0.03 %
	Five Year Return	1.15 %
	Net Asset	185.92 B

About NetEase Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NetEase's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NetEase using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NetEase based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for NetEase Stock Analysis

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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Netease Stock Z Score

NetEase Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

NetEase Z Score Driver Correlations

NetEase Current Valuation Drivers

NetEase ESG Sustainability

NetEase Institutional Holders

NetEase Fundamentals

About NetEase Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for NetEase Stock Analysis

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