NetEase (BSP:NETE34) Tax Rate %: 18.88% (As of Mar. 2026)

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BSP:NETE34 NetEase Inc BSP:NETE34
93 GF Score
Price R$65.09
GF Value R$61.35
Valuation Fairly Valued
! 1 Warning Sign
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What is NetEase Tax Rate %?

NetEase BSP:NETE34 -5.31% 93 Tax Rate % is 18.88% as of Mar. 2026. GuruFocus rates BSP:NETE34 with a GF Score™ of 93/100 and a GF Value™ of R$61.35 (Fairly Valued). The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NetEase's Tax Expense for the three months ended in Mar. 2026 was R$1,915 Mil. NetEase's Pre-Tax Income for the three months ended in Mar. 2026 was R$10,144 Mil. Therefore, NetEase's Tax Rate % for the quarter that ended in Mar. 2026 was 18.88%.

NetEase Tax Rate % Related Terms

NetEase Tax Rate % Historical Data

* Premium members only.

The historical data trend for NetEase's Tax Rate % 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 Tax Rate % Chart

NetEase Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.56 20.75 13.80 15.29 14.77

NetEase Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 15.30 14.66 13.02 16.41 18.88
BSP:NETE34
93GF Score
NetEase Inc BSP:NETE34
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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NetEase Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

NetEase's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=4672.951/31627.498
=14.77 %

NetEase's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=1915.042/10144.489
=18.88 %

* 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 Tax Rate % →
What does a Tax Rate % of 18.88% mean?
NetEase (BSP:NETE34) has a Tax Rate % of 18.88% as of Mar. 2026.
Is NetEase's Tax Rate % too high?
NetEase's current Tax Rate % is 18.88%. 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 Tax Rate % compare to EA and TTWO?
NetEase's Tax Rate % of 18.88% 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 Tax Rate % for an Interactive Media company?
A good Tax Rate % depends on the Interactive Media industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. NetEase's current Tax Rate % is 18.88%. 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 (BSP:NETE34) is currently considered Fairly Valued. The stock's GF Value™ is R$61.35, compared to a current price of R$65.09 — trading 6.1% above its estimated fair value. The current Tax Rate % is 18.88%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For NetEase (BSP:NETE34), the current Tax Rate % is 18.88% 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 (BSP:NETE34) Overvalued in 2026?

Based on GuruFocus' analysis, NetEase stock appears to be overvalued. The current stock price of R$65.09 is trading 6.1% above its estimated GF Value™ of R$61.35. GuruFocus considers NetEase to be Fairly Valued.

Key valuation signals for BSP:NETE34:

  • Tax Rate %: 18.88%
  • GF Value™: R$61.35 vs. price of R$65.09 (6.1% above fair value)
  • GF Score™: 93/100 with 1 warning sign

No single metric tells the full story. See the BSP:NETE34 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

Get the complete analysis for BSP:NETE34

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

R$65.09
Price
R$61.35
GF Value