NetEase (NTES) is a leading online game company in China. Together with Tencent, they own about 70% of China online game market (2016). Its share prices have gone up 1000 times in the past 14 years !
NetEase (NTES) is a leading online game company in China. Together with Tencent, they own about 70% of China online game market (2016). Its share prices have gone up 1000 times in the past 14 years !
腾讯、阿里财报“大爆发” 京东、网易股价却大跌
read at 2017.08.21 (after Q2 report on 2017.08.10)
http://cj.sina.com.cn/article/normal_detail?url=http%3A%2F%2Fyd.sina.cn%2Farticle%2Ftopcj%2Ftechlist%2Fdetail-ifykcirz3593606.d.html&docid=comos:fykcirz3593606&source=cj&dv=2
游戏的险恶江湖和网易的武林秘籍[2017.08.14]
招银国际：网易等待新游梯度借力 短期风险待释 [2017.08.14]
App Annie发布3月全球手游指数报告，在iOS全球收入TOP10的榜单上，网易拿下三个席位，包括《梦幻西游》手游、《阴阳师》和《倩女幽魂》，成为全球iOS收入TOP10榜上拥有产品最多的游戏厂商
read at
http://cj.sina.com.cn/article/normal_detail?url=http%3A%2F%2Fyd.sina.cn%2Farticle%2Ftopcj%2Fcompetingproducts%2Fdetail-ifyfecvz0900891.d.html&docid=comos:fyfecvz0900891&source=cj&dv=2
NetEase achieved a wonderful 2017Q1, read at
http://www.netease.com/phoenix.zhtml?c=122303&p=irol-newsArticle&ID=2272118
So cheap for this growth company.
Buy for long-term investment.
NetEase VP talking about My World in China
Read at (in Chinese)
网易副总裁王怡：《我的世界》填补了国内游戏品类的空缺
http://cj.sina.com.cn/article/normal_detail?url=http%3A%2F%2Fyd.sina.cn%2Farticle%2Ftopcj%2Fkjhot%2Fdetail-ifyecfnu7751895.d.html&docid=comos:fyecfnu7751895&dv=2
2016年IOS收官排行 网易腾讯占九席再封双门神
read at
http://www.vmeti.com/uncategorized/152308.html
网易云：从内部创新实践到差异化toB产品
http://it.sohu.com/20170408/n487263356.shtml
NetEase Game Business Weakens; First-Quarter Targets In Doubt
read at
http://finance.yahoo.com/m/1872078b-5425-3280-a3ab-b5fcbb2b77d5/netease-game-business.html
NetEase has a wonderful Year 2016, as in previous many year.
The net EPS for 2016 is 12.6 USD per ADR , and EPS for 2016Q4 is 4.02 USD per ADR.
Source: http://www.netease.com/phoenix.zhtml?c=122303&p=irol-IRHome
Using the 2016 data, P/E ratio = 301.76 / 12.6 = 23.9 ~ 24. The revenue has gone up 67%, while the net profit has gone up 73%.
Almost every segments of the 4 major businesses of NetEase have gone up significantly !
Looking forward, this growth should continue !
Total current assents = USD 7190 millions, while total liability = 2818 millions of USD, that leaves a “cash” balance = USD 4372 millions USD. Given the number of ADR = 132 millions (= 530 millions of USD / 4.01 USD from the report), the “cash” per ADR = 4372/132= 33.1 USD.
The “real P/E” = (301.76 – 33)/12.6 = 21.3.
The stock is very cheap , buy !
千倍股是否能蜕变成万倍股，谈一谈我眼中的网易
read at
http://cj.sina.com.cn/article/normal_detail?url=http%3A%2F%2Fyd.sina.cn%2Farticle%2Ftopcj%2Fcompetingproducts%2Fdetail-ifyavwcv9115146.d.html&docid=comos:fyavwcv9115146&dv=2