NETTF (NetEase) Quick Ratio: 3.28 (As of Mar. 2026) — 37% Above Median


NETTF NetEase Inc NETTF
94 GF Score
Price $24.26
GF Value $24.76
Valuation Fairly Valued
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What is NetEase Quick Ratio?

NetEase NETTF -0.98% 94 Quick Ratio is 3.28 as of Mar. 2026, which is 37% above its 10-year median of 2.40. GuruFocus rates NETTF with a GF Score™ of 94/100 and a GF Value™ of $24.76 (Fairly Valued). Among 566 Interactive Media companies, NetEase ranks better than 68.9% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. NetEase's quick ratio for the quarter that ended in Mar. 2026 was 3.28.

NetEase has a quick ratio of 3.28. It generally indicates good short-term financial strength.

The historical rank and industry rank for NetEase's Quick Ratio or its related term are showing as below:

NETTF' s Quick Ratio Range Over the Past 10 Years
Min: 1.71   Med: 2.4   Max: 3.44
Current: 3.28

During the past 13 years, NetEase's highest Quick Ratio was 3.44. The lowest was 1.71. And the median was 2.40.

NETTF's Quick Ratio is ranked better than
68.9% of 566 companies
in the Interactive Media industry
Industry Median: 2.03 vs NETTF: 3.28

NetEase  (OTCPK:NETTF) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


NetEase Quick Ratio Related Terms


NetEase Quick Ratio Historical Data

* Premium members only.

The historical data trend for NetEase's Quick Ratio 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 Quick Ratio Chart

NetEase Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 2.30 2.64 3.08 3.44

NetEase Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 3.20 3.22 3.41 3.44 3.28

NETTF vs EA, TTWO, RBLX: Quick Ratio Comparison

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

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

* The bar in red indicates where NetEase's Quick Ratio falls into.


NETTF
94GF Score
NetEase Inc NETTF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NetEase Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(25643.951-97.851)/7435.392
=3.44

NetEase's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(27373.172-79.225)/8333.768
=3.28

* 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 Quick Ratio →
What does a Quick Ratio of 3.28 mean?
NetEase (NETTF) has a Quick Ratio of 3.28 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NetEase and its competitors. This is 37% above median its historical median of 2.40. Over the past decade, NetEase's Quick Ratio has ranged from 1.71 to 3.44. According to the industry distribution chart, NetEase ranks #176 out of 566 companies in the Interactive Media industry, placing it in the top 31.1%.
Is NetEase's Quick Ratio too high?
NetEase's current Quick Ratio of 3.28 is 37% above median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 3.44. The Interactive Media industry median Quick Ratio is 2.03. NetEase's value of 3.28 is 61.6% above this industry median. Based on the distribution chart, NetEase ranks #176 out of 566 companies in the Interactive Media industry, which is above the industry midpoint. Overall, NetEase has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NetEase's Quick Ratio compare to EA and TTWO?
According to the Interactive Media industry distribution chart, NetEase ranks #176 out of 566 companies for Quick Ratio. This puts NetEase in the upper half of its industry. The industry median Quick Ratio is 2.03. NetEase's value of 3.28 is 61.6% above this benchmark. Historically, NetEase's own Quick Ratio has ranged from 1.71 to 3.44 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 2.03, 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 Quick Ratio for an Interactive Media company?
The median Quick Ratio among Interactive Media companies is 2.03, based on 566 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetEase's current Quick Ratio of 3.28 is 61.6% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NetEase and its competitors. For the Interactive Media industry, the median Quick Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetEase's current Quick Ratio is 3.28, which is 37% above median its own 10-year median of 2.40. 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 $24.76, compared to a current price of $24.26 — trading 2% below its estimated fair value. The current Quick Ratio is 3.28, which is 37% above median its 10-year median of 2.40 and 61.6% above the Interactive Media industry median of 2.03. NetEase's overall GF Score™ is 94/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For NetEase (NETTF), the current Quick Ratio is 3.28 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 undervalued. The current stock price of $24.26 is trading 2% below its estimated GF Value™ of $24.76. GuruFocus considers NetEase to be Fairly Valued.

Key valuation signals for NETTF:

  • Quick Ratio: 3.28 (37% above median its 10-year median of 2.40)
  • GF Value™: $24.76 vs. price of $24.26 (2% below fair value)
  • GF Score™: 94/100
  • Industry Position: 61.6% above the Interactive Media median (#176 of 566)

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.
94GF Score

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

$24.26
Price
$24.76
GF Value