-
Posted by
Two Blokes Apr 26 -
Filed in
Stock
-
1 view
NetEase's stock has surged due to China's tech recovery, favorable regulations, and strong earnings, but it now trades at elevated price multiples with potential downside risk. The company excels in developing proprietary AAA content, with gaming generating 79% of revenue and non-gaming segments contributing a significant 20%. NetEase boasts strong financials, including a high cash-to-debt ratio, robust free cash flow, and impressive shareholder rewards through dividends and share buybacks.
