NetEaseNETTF -0.98%93 Equity-to-Asset is 0.71 as of Mar. 2026, which is 15% above its 10-year median of 0.62. GuruFocus rates NETTF with a GF Score™ of 93/100 and a GF Value™ of $23.59 (Fairly Valued). Among 568 Interactive Media companies, NetEase ranks better than 58.27% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NetEase's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $23,900 Mil. NetEase's Total Assets for the quarter that ended in Mar. 2026 was $33,574 Mil.
Therefore, NetEase's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.71.
The historical rank and industry rank for NetEase's Equity-to-Asset or its related term are showing as below:
NETTF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52 Med: 0.62 Max: 0.73
Current: 0.71
During the past 13 years, the highest Equity to Asset Ratio of NetEase was 0.73. The lowest was 0.52. And the median was 0.62.
NETTF's Equity-to-Asset is ranked better than 58.27% of 568
companies
in the Interactive Media industry
Industry Median: 0.65
vs NETTF: 0.71
NetEase (OTCPK:NETTF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
NetEase Equity-to-Asset Related Terms
NetEase Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for NetEase's Equity-to-Asset 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.
NETTF vs EA, TTWO, RBLX: Equity-to-Asset Comparison
For the Electronic Gaming & Multimedia subindustry, NetEase's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NetEase Equity-to-Asset vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, NetEase's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where NetEase's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
NetEase's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (NETTF) has a Equity-to-Asset of 0.71 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NetEase and its competitors. This is 15% above median its historical median of 0.62. Over the past decade, NetEase's Equity-to-Asset has ranged from 0.52 to 0.73. According to the industry distribution chart, NetEase ranks #237 out of 568 companies in the Interactive Media industry, placing it in the top 41.7%.
Is NetEase's Equity-to-Asset too high?
NetEase's current Equity-to-Asset of 0.71 is 15% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 0.73. The Interactive Media industry median Equity-to-Asset is 0.65. NetEase's value of 0.71 is 9.2% above this industry median. Based on the distribution chart, NetEase ranks #237 out of 568 companies in the Interactive Media industry, which is above the industry midpoint. 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 Equity-to-Asset compare to EA and TTWO?
According to the Interactive Media industry distribution chart, NetEase ranks #237 out of 568 companies for Equity-to-Asset. This puts NetEase in the upper half of its industry. The industry median Equity-to-Asset is 0.65. NetEase's value of 0.71 is 9.2% above this benchmark. Historically, NetEase's own Equity-to-Asset has ranged from 0.52 to 0.73 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.65, NetEase has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Interactive Media company?
The median Equity-to-Asset among Interactive Media companies is 0.65, based on 568 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetEase's current Equity-to-Asset of 0.71 is 9.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NetEase and its competitors. For the Interactive Media industry, the median Equity-to-Asset is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetEase's current Equity-to-Asset is 0.71, which is 15% above median its own 10-year median of 0.62. 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 $23.59, compared to a current price of $24.26 — trading 2.8% above its estimated fair value. The current Equity-to-Asset is 0.71, which is 15% above median its 10-year median of 0.62 and 9.2% above the Interactive Media industry median of 0.65. NetEase's overall GF Score™ is 93/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For NetEase (NETTF), the current Equity-to-Asset is 0.71 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 2.8% above its estimated GF Value™ of $23.59.
GuruFocus considers NetEase to be Fairly Valued.
Key valuation signals for NETTF:
Equity-to-Asset: 0.71 (15% above median its 10-year median of 0.62)
GF Value™: $23.59 vs. price of $24.26 (2.8% above fair value)
Industry Position: 9.2% above the Interactive Media median (#237 of 568)
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.
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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