NetEase (SGX:K3MD) OCF Margin %: 44.89% (As of Mar. 2026) — 43% Above Median


SGX:K3MD NetEase Inc SGX:K3MD
92 GF Score
Price $9.75
GF Value $9.95
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What is NetEase OCF Margin %?

NetEase SGX:K3MD 92 OCF Margin % is 44.89% as of Mar. 2026, which is 43% above its 10-year median of 31.42. GuruFocus rates SGX:K3MD with a GF Score™ of 92/100 and a GF Value™ of $9.95. Among 551 Interactive Media companies, NetEase ranks better than 91.83% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. NetEase's Cash Flow from Operations for the three months ended in Mar. 2026 was $1,993 Mil. NetEase's Revenue for the three months ended in Mar. 2026 was $4,439 Mil. Therefore, NetEase's OCF Margin % for the quarter that ended in Mar. 2026 was 44.89%.

As of today, NetEase's current OCF Yield % is 9.85%.

The historical rank and industry rank for NetEase's OCF Margin % or its related term are showing as below:

SGX:K3MD' s OCF Margin % Range Over the Past 10 Years
Min: 26.21   Med: 31.42   Max: 45.05
Current: 45.81


During the past 13 years, the highest OCF Margin % of NetEase was 45.05%. The lowest was 26.21%. And the median was 31.42%.

SGX:K3MD's OCF Margin % is ranked better than
91.83% of 551 companies
in the Interactive Media industry
Industry Median: 8.84 vs SGX:K3MD: 45.81


NetEase OCF Margin % Related Terms


NetEase OCF Margin % Historical Data

* Premium members only.

The historical data trend for NetEase's OCF Margin % 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 OCF Margin % Chart

NetEase Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.45 28.72 34.15 37.68 45.05

NetEase Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % 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 42.00 38.94 45.66 53.81 44.89

SGX:K3MD vs EA, TTWO, RBLX: OCF Margin % Comparison

For the Electronic Gaming & Multimedia subindustry, NetEase's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NetEase's OCF Margin % distribution charts can be found below:

* The bar in red indicates where NetEase's OCF Margin % falls into.


SGX:K3MD
92GF Score
NetEase Inc SGX:K3MD
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NetEase OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

NetEase's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=7204.083/15990.715
=45.05 %

NetEase's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1992.582/4438.601
=44.89 %

* 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 OCF Margin % →
What does a OCF Margin % of 44.89% mean?
NetEase (SGX:K3MD) has a OCF Margin % of 44.89% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on NetEase and its competitors. This is 43% above median its historical median of 31.42. Over the past decade, NetEase's OCF Margin % has ranged from 26.21 to 45.05. According to the industry distribution chart, NetEase ranks #45 out of 551 companies in the Interactive Media industry, placing it in the top 8.2%.
Is NetEase's OCF Margin % too high?
NetEase's current OCF Margin % of 44.89% is 43% above median its 10-year median of 31.42. Over the past 10 years, this metric has ranged from a low of 26.21 to a high of 45.05. The Interactive Media industry median OCF Margin % is 8.84. NetEase's value of 44.89% is 407.8% above this industry median. Based on the distribution chart, NetEase ranks #45 out of 551 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, NetEase has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does NetEase's OCF Margin % compare to EA and TTWO?
According to the Interactive Media industry distribution chart, NetEase ranks #45 out of 551 companies for OCF Margin %. This places NetEase in the top 8% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 8.84. NetEase's value of 44.89% is 407.8% above this benchmark. Historically, NetEase's own OCF Margin % has ranged from 26.21 to 45.05 over the past decade. While the company's 10-year median is 31.42 vs. the industry median of 8.84, 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 OCF Margin % for an Interactive Media company?
The median OCF Margin % among Interactive Media companies is 8.84, based on 551 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetEase's current OCF Margin % of 44.89% is 407.8% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on NetEase and its competitors. For the Interactive Media industry, the median OCF Margin % is 8.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetEase's current OCF Margin % is 44.89%, which is 43% above median its own 10-year median of 31.42. 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?
NetEase (SGX:K3MD) has a current OCF Margin % of 44.89%. The stock's GF Value™ is $9.95, compared to a current price of $9.75 — trading 2% below its estimated fair value. The current OCF Margin % is 44.89%, which is 43% above median its 10-year median of 31.42 and 407.8% above the Interactive Media industry median of 8.84. NetEase's overall GF Score™ is 92/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For NetEase (SGX:K3MD), the current OCF Margin % is 44.89% 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 (SGX:K3MD) Overvalued in 2026?

Based on GuruFocus' analysis, NetEase stock appears to be undervalued. The current stock price of $9.75 is trading 2% below its estimated GF Value™ of $9.95.

Key valuation signals for SGX:K3MD:

  • OCF Margin %: 44.89% (43% above median its 10-year median of 31.42)
  • GF Value™: $9.95 vs. price of $9.75 (2% below fair value)
  • GF Score™: 92/100
  • Industry Position: 407.8% above the Interactive Media median (#45 of 551)

No single metric tells the full story. See the SGX:K3MD 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.
92GF Score

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

$9.75
Price
$9.95
GF Value