NetEase (WBO:NTES) General and Admin. Expense: €474 Mil (TTM As of Mar. 2026)


WBO:NTES NetEase Inc WBO:NTES
89 GF Score
Price €111.00
GF Value €105.00
Valuation Fairly Valued
! 1 Warning Sign
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What is NetEase General and Admin. Expense?

NetEase WBO:NTES -2.63% 89 General and Admin. Expense is €474 Mil as of Mar. 2026. GuruFocus rates WBO:NTES with a GF Score™ of 89/100 and a GF Value™ of €105.00 (Fairly Valued). The stock has 1 warning sign investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. NetEase's General and Admin. Expense for the three months ended in Mar. 2026 was €80 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €474 Mil.

NetEase General and Admin. Expense Related Terms

NetEase General and Admin. Expense Historical Data

* Premium members only.

The historical data trend for NetEase's General and Admin. Expense 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 General and Admin. Expense Chart

NetEase Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
General and Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 592.41 635.83 629.28 596.90 512.68

NetEase Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
General and Admin. Expense 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 122.03 127.58 139.29 127.40 79.90
WBO:NTES
89GF Score
NetEase Inc WBO:NTES
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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NetEase General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense 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 €474 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.

What does a General and Admin. Expense of €474 Mil mean?
NetEase (WBO:NTES) has a General and Admin. Expense of €474 Mil as of Mar. 2026. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on NetEase and its competitors.
Is NetEase's General and Admin. Expense too high?
NetEase's current General and Admin. Expense is €474 Mil. Overall, NetEase has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NetEase's General and Admin. Expense compare to EA and TTWO?
NetEase's General and Admin. Expense of €474 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 General and Admin. Expense for an Interactive Media company?
A good General and Admin. Expense depends on the Interactive Media industry context. However, General and Admin. Expense 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 General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on NetEase and its competitors. NetEase's current General and Admin. Expense is €474 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 (WBO:NTES) is currently considered Fairly Valued. The stock's GF Value™ is €105.00, compared to a current price of €111.00 — trading 5.7% above its estimated fair value. The current General and Admin. Expense is €474 Mil. NetEase's overall GF Score™ is 89/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For NetEase (WBO:NTES), the current General and Admin. Expense is €474 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 (WBO:NTES) Overvalued in 2026?

Based on GuruFocus' analysis, NetEase stock appears to be overvalued. The current stock price of €111.00 is trading 5.7% above its estimated GF Value™ of €105.00. GuruFocus considers NetEase to be Fairly Valued.

Key valuation signals for WBO:NTES:

  • General and Admin. Expense: €474 Mil
  • GF Value™: €105.00 vs. price of €111.00 (5.7% above fair value)
  • GF Score™: 89/100 with 1 warning sign

No single metric tells the full story. See the WBO:NTES 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.
89GF Score

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

€111.00
Price
€105.00
GF Value