NETTF (NetEase) Deferred Tax: $-144 Mil (TTM As of Mar. 2026)


NETTF NetEase Inc NETTF
93 GF Score
Price $24.26
GF Value $22.96
Valuation Fairly Valued
! 1 Warning Sign
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What is NetEase Deferred Tax?

NetEase NETTF -0.98% 93 Deferred Tax is $-144 Mil as of Mar. 2026. GuruFocus rates NETTF with a GF Score™ of 93/100 and a GF Value™ of $22.96 (Fairly Valued). The stock has 1 warning sign investors should review.

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

NetEase's change in deferred tax for the three months ended in Mar. 2026 was $77 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2026 was $-144 Mil.

NetEase Deferred Tax Historical Data

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The historical data trend for NetEase's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NetEase Deferred Tax Chart

NetEase Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.05 70.24 18.41 44.05 -178.06

NetEase Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Deferred Tax Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.28 -118.90 -131.05 29.10 77.23
NETTF
93GF Score
NetEase Inc NETTF
Deferred Tax is just one metric. See GF Score™, valuation, warning signs, and more.
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NetEase Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-144 Mil.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Deferred Tax →
What does a Deferred Tax of $-144 Mil mean?
NetEase (NETTF) has a Deferred Tax of $-144 Mil as of Mar. 2026. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for NetEase.
Is NetEase's Deferred Tax too high?
NetEase's current Deferred Tax is $-144 Mil. Overall, NetEase has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NetEase's Deferred Tax compare to EA and TTWO?
NetEase's Deferred Tax of $-144 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Deferred Tax for an Interactive Media company?
A good Deferred Tax depends on the Interactive Media industry context. However, Deferred Tax should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Deferred Tax mean?
A high Deferred Tax can signal that a stock is expensive relative to its fundamentals. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for NetEase. NetEase's current Deferred Tax is $-144 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetEase stock overvalued right now?
Based on GuruFocus' analysis, NetEase (NETTF) is currently considered Fairly Valued. The stock's GF Value™ is $22.96, compared to a current price of $24.26 — trading 5.7% above its estimated fair value. The current Deferred Tax is $-144 Mil. NetEase's overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Deferred Tax calculated?
Deferred Tax is calculated from a company's financial statements. For NetEase (NETTF), the current Deferred Tax is $-144 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NetEase (NETTF) Overvalued in 2026?

Based on GuruFocus' analysis, NetEase stock appears to be overvalued. The current stock price of $24.26 is trading 5.7% above its estimated GF Value™ of $22.96. GuruFocus considers NetEase to be Fairly Valued.

Key valuation signals for NETTF:

  • Deferred Tax: $-144 Mil
  • GF Value™: $22.96 vs. price of $24.26 (5.7% above fair value)
  • GF Score™: 93/100 with 1 warning sign

No single metric tells the full story. See the NETTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NetEase Business Description

Address No. 599 Wangshang Road, NetEase Building, Binjiang District, Hangzhou, CHN, 310052
Founded in the late 1990s as an internet portal, NetEase has evolved into China's second-largest online gaming company. Its early success was anchored by the massively multiplayer online role-playing game Fantasy Westward Journey, which laid the foundation for a durable franchise strategy. Over the past decade, the company has expanded its portfolio with successful titles such as Justice, Identity V, Naraka: Bladepoint, and Eggy Party, all of which continue to maintain sizable and engaged player bases.In addition to its in-house development capabilities, NetEase partners with global IP holders such as Microsoft and Marvel to develop and publish titles based on established franchises, including World of Warcraft, Diablo Immortal, and Marvel Rivals, further strengthening its global presence.
93GF Score

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Deferred Tax is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.26
Price
$22.96
GF Value