Valuation as at 2026-08-29
About NetEase, Inc.
NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally. The company operates through Games and Related Value-Added Services; Youdao; NetEase Cloud Music; and Innovative Businesses and Others segments.
Source: Yahoo Finance company profile · factual description, not KashVector commentary
NetEase, Inc. 9999.HK
Communication Services · Electronic Gaming & Multimedia
NetEase, Inc.'s price & financial trends
Each card is labelled with its own reporting period — quarterly where Yahoo provides it for this market, annual otherwise.
Data as at 2026-08-29
Share price · last 2 years
Earnings per share (diluted) Per quarter
Free cash flow Per quarter
Dividend per share Per quarter
Value investing scale · Buffett · Dalio · Graham
See the full Buffett, Dalio & Graham breakdown for 9999.HK →
Intrinsic value estimate · 5-year forecast
Assumptions used in this valuation
Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.
| Bear | Base | Bull | |
|---|---|---|---|
| 5-yr FCF growth | -7.5% | -5.0% | -2.5% |
| Terminal growth | 2.0% | 2.0% | 2.0% |
| WACC (discount rate) | 9.19% | 8.19% | 7.19% |
Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 3.50% + 0.80 × 6.00% = 8.30% · WACC = weighted by 98%/2% capital structure
These numbers come from running NetEase, Inc.'s cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or 9999.HK's competitive position. What is DCF?
Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with 9999.HK →
Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.
About this valuation
Computed on 2026-08-29 from Yahoo Finance data, using the same engine as the full DCF tool. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.
Frequently asked questions
Is NetEase, Inc. (9999.HK) undervalued?
The Base-case DCF estimates intrinsic value at HK$224.69 vs a price of HK$192.20 on 2026-08-29 — a +16.9% margin, so the Base case reads fairly valued. This is a mechanical output, not advice.