NetEase Inc (NTES) — Tangible Net Worth Ratio
NetEase Inc (NTES) has a Tangible Net Worth Ratio of 97.7% as of June 2026. This metric is calculated by deducting intangible assets ($3.98 Billion) from net assets ($171.62 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore NTES net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
NetEase Inc Tangible Net Worth Ratio (1999–2025)
This chart shows how NetEase Inc's Tangible Net Worth Ratio has changed across 27 annual periods from 1999 to 2025. As of June 2026, the ratio stands at 97.7%, reflecting net assets of $171.62 Billion with intangible assets of $3.98 Billion USD. For live market cap and overall valuation, see NetEase Inc stock valuation.
Annual Tangible Net Worth Ratio for NetEase Inc (1999–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for NetEase Inc from 1999 to 2025, covering 27 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore NetEase Inc (NTES) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.6% | $165.21 Billion | $4.05 Billion | $221.56 Billion | ▲ +0.5 pp |
| 2024 | 97.1% | $142.49 Billion | $4.17 Billion | $195.99 Billion | ▲ +1.7 pp |
| 2023 | 95.3% | $128.08 Billion | $5.96 Billion | $185.92 Billion | ▼ -0.9 pp |
| 2022 | 96.2% | $108.87 Billion | $4.12 Billion | $172.76 Billion | ▲ +0.4 pp |
| 2021 | 95.9% | $99.28 Billion | $4.11 Billion | $153.64 Billion | ▲ +0.9 pp |
| 2020 | 95.0% | $83.00 Billion | $4.18 Billion | $141.87 Billion | ▲ +0.9 pp |
| 2019 | 94.1% | $62.59 Billion | $3.71 Billion | $112.12 Billion | ▲ +1.7 pp |
| 2018 | 92.4% | $46.03 Billion | $3.50 Billion | $86.97 Billion | ▼ -6.3 pp |
| 2017 | 98.7% | $46.44 Billion | $593.28 Million | $71.03 Billion | ▲ +0.3 pp |
| 2016 | 98.5% | $38.46 Billion | $588.89 Million | $58.03 Billion | ▼ -0.7 pp |
| 2015 | 99.2% | $29.32 Billion | $238.88 Million | $41.16 Billion | ▼ -0.5 pp |
| 2014 | 99.7% | $23.49 Billion | $77.65 Million | $30.35 Billion | ▼ -0.3 pp |
| 2013 | 99.9% | $20.17 Billion | $11.27 Million | $24.55 Billion | ▲ +0.0 pp |
| 2012 | 99.9% | $15.60 Billion | $11.53 Million | $19.28 Billion | ▲ +0.4 pp |
| 2011 | 99.5% | $13.10 Billion | $60.75 Million | $15.44 Billion | ▲ +2.6 pp |
| 2010 | 97.0% | $7.43 Billion | $225.15 Million | $8.80 Billion | ▲ +0.0 pp |
| 2009 | 97.0% | $7.43 Billion | $225.15 Million | $8.80 Billion | ▼ -2.3 pp |
| 2008 | 99.3% | $5.52 Billion | $40.03 Million | $6.35 Billion | ▼ -0.6 pp |
| 2007 | 99.9% | $3.40 Billion | $3.69 Million | $4.69 Billion | ▲ +4.9 pp |
| 2006 | 95.0% | $2.91 Billion | $146.69 Million | $4.37 Billion | ▼ -5.0 pp |
| 2005 | 100.0% | $2.39 Billion | $0.00 | $3.62 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | $1.35 Billion | $0.00 | $2.45 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | $881.18 Million | $0.00 | $1.79 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | $580.89 Million | $0.00 | $619.53 Million | ▲ +0.0 pp |
| 2001 | 100.0% | $555.13 Million | $0.00 | $674.91 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $839.37 Million | $0.00 | $992.74 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $136.06 Million | $0.00 | $143.73 Million | — |