NetEase Common Stock Shares Outstanding vs Property Plant And Equipment Gross Analysis

NTES Stock

USD 104.97 0.76 0.73%

NetEase financial indicator trend analysis is infinitely more than just investigating NetEase recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetEase is a good investment. Please check the relationship between NetEase Common Stock Shares Outstanding and its Property Plant And Equipment Gross accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetEase. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.

Common Stock Shares Outstanding vs Property Plant And Equipment Gross

Common Stock Shares Outstanding vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetEase Common Stock Shares Outstanding account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between NetEase's Common Stock Shares Outstanding and Property Plant And Equipment Gross is -0.04. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of NetEase, assuming nothing else is changed. The correlation between historical values of NetEase's Common Stock Shares Outstanding and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of NetEase are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Common Stock Shares Outstanding i.e., NetEase's Common Stock Shares Outstanding and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.04

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Property Plant And Equipment Gross

Most indicators from NetEase's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NetEase current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetEase. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.At this time, NetEase's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 829.1 M in 2024, whereas Tax Provision is likely to drop slightly above 3.4 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	47.0B	52.8B	63.1B	66.2B
Total Revenue	87.6B	96.5B	103.5B	108.6B

Gross Profit Total Revenue

NetEase fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Non Currrent Assets Other	Other Assets	Short Term Investments	Inventory
Total Assets		0.98	0.99	0.99	0.96	0.37	0.98	0.38	0.9	0.99	1.0	0.93	0.51	-0.24	-0.08	0.8	0.97	0.89	1.0	0.63	0.96	0.98	0.61	0.93	0.99	-0.28
Other Current Liab	0.98		1.0	0.95	0.92	0.48	0.93	0.5	0.85	0.97	0.96	0.88	0.43	-0.26	-0.09	0.83	0.99	0.79	0.97	0.56	0.98	0.94	0.73	0.88	0.97	-0.22
Total Current Liabilities	0.99	1.0		0.96	0.94	0.47	0.95	0.48	0.86	0.98	0.98	0.9	0.45	-0.24	-0.09	0.81	0.99	0.83	0.99	0.57	0.98	0.96	0.68	0.88	0.98	-0.23
Total Stockholder Equity	0.99	0.95	0.96		0.96	0.26	1.0	0.31	0.93	0.98	0.99	0.94	0.55	-0.23	-0.08	0.78	0.93	0.92	0.99	0.66	0.93	0.98	0.52	0.96	0.99	-0.28
Property Plant And Equipment Net	0.96	0.92	0.94	0.96		0.29	0.98	0.44	0.87	0.93	0.95	0.97	0.56	-0.22	-0.11	0.63	0.92	0.88	0.96	0.64	0.89	0.97	0.42	0.87	0.95	-0.14
Net Debt	0.37	0.48	0.47	0.26	0.29		0.23	0.53	-0.01	0.4	0.33	0.2	-0.07	-0.16	-0.19	0.41	0.55	0.03	0.36	0.02	0.51	0.27	0.65	0.09	0.4	0.06
Retained Earnings	0.98	0.93	0.95	1.0	0.98	0.23		0.33	0.92	0.96	0.99	0.96	0.58	-0.23	-0.09	0.72	0.92	0.93	0.99	0.67	0.91	0.98	0.48	0.94	0.98	-0.25
Accounts Payable	0.38	0.5	0.48	0.31	0.44	0.53	0.33		0.18	0.31	0.33	0.4	0.21	-0.36	-0.14	0.17	0.48	0.05	0.4	0.22	0.42	0.39	0.42	0.1	0.36	0.49
Cash	0.9	0.85	0.86	0.93	0.87	-0.01	0.92	0.18		0.89	0.91	0.84	0.47	-0.14	0.1	0.72	0.82	0.94	0.9	0.57	0.85	0.89	0.48	0.96	0.87	-0.35
Non Current Assets Total	0.99	0.97	0.98	0.98	0.93	0.4	0.96	0.31	0.89		0.99	0.89	0.44	-0.18	-0.07	0.84	0.97	0.88	0.98	0.57	0.97	0.96	0.65	0.94	0.98	-0.36
Cash And Short Term Investments	1.0	0.96	0.98	0.99	0.95	0.33	0.99	0.33	0.91	0.99		0.92	0.51	-0.22	-0.1	0.8	0.96	0.91	1.0	0.63	0.95	0.97	0.58	0.94	1.0	-0.29
Net Receivables	0.93	0.88	0.9	0.94	0.97	0.2	0.96	0.4	0.84	0.89	0.92		0.57	-0.19	-0.21	0.6	0.87	0.85	0.94	0.64	0.82	0.98	0.34	0.86	0.92	-0.21
Common Stock Total Equity	0.51	0.43	0.45	0.55	0.56	-0.07	0.58	0.21	0.47	0.44	0.51	0.57		-0.82	0.04	0.25	0.42	0.47	0.53	0.98	0.37	0.55	0.02	0.44	0.51	0.13
Common Stock Shares Outstanding	-0.24	-0.26	-0.24	-0.23	-0.22	-0.16	-0.23	-0.36	-0.14	-0.18	-0.22	-0.19	-0.82		-0.13	-0.18	-0.25	-0.04	-0.26	-0.8	-0.21	-0.22	-0.24	-0.08	-0.23	-0.32
Other Current Assets	-0.08	-0.09	-0.09	-0.08	-0.11	-0.19	-0.09	-0.14	0.1	-0.07	-0.1	-0.21	0.04	-0.13		0.0	-0.09	0.05	-0.09	0.03	0.01	-0.14	0.1	0.0	-0.15	-0.16
Other Stockholder Equity	0.8	0.83	0.81	0.78	0.63	0.41	0.72	0.17	0.72	0.84	0.8	0.6	0.25	-0.18	0.0		0.81	0.62	0.79	0.45	0.83	0.72	0.78	0.82	0.8	-0.42
Total Liab	0.97	0.99	0.99	0.93	0.92	0.55	0.92	0.48	0.82	0.97	0.96	0.87	0.42	-0.25	-0.09	0.81		0.79	0.97	0.54	0.99	0.93	0.72	0.85	0.97	-0.25
Property Plant And Equipment Gross	0.89	0.79	0.83	0.92	0.88	0.03	0.93	0.05	0.94	0.88	0.91	0.85	0.47	-0.04	0.05	0.62	0.79		0.89	0.54	0.82	0.88	0.34	0.94	0.88	-0.41
Total Current Assets	1.0	0.97	0.99	0.99	0.96	0.36	0.99	0.4	0.9	0.98	1.0	0.94	0.53	-0.26	-0.09	0.79	0.97	0.89		0.64	0.96	0.98	0.59	0.93	0.99	-0.24
Common Stock	0.63	0.56	0.57	0.66	0.64	0.02	0.67	0.22	0.57	0.57	0.63	0.64	0.98	-0.8	0.03	0.45	0.54	0.54	0.64		0.5	0.65	0.18	0.57	0.63	0.04
Short Long Term Debt Total	0.96	0.98	0.98	0.93	0.89	0.51	0.91	0.42	0.85	0.97	0.95	0.82	0.37	-0.21	0.01	0.83	0.99	0.82	0.96	0.5		0.9	0.76	0.87	0.95	-0.28
Current Deferred Revenue	0.98	0.94	0.96	0.98	0.97	0.27	0.98	0.39	0.89	0.96	0.97	0.98	0.55	-0.22	-0.14	0.72	0.93	0.88	0.98	0.65	0.9		0.48	0.91	0.97	-0.26
Non Currrent Assets Other	0.61	0.73	0.68	0.52	0.42	0.65	0.48	0.42	0.48	0.65	0.58	0.34	0.02	-0.24	0.1	0.78	0.72	0.34	0.59	0.18	0.76	0.48		0.49	0.59	-0.27
Other Assets	0.93	0.88	0.88	0.96	0.87	0.09	0.94	0.1	0.96	0.94	0.94	0.86	0.44	-0.08	0.0	0.82	0.85	0.94	0.93	0.57	0.87	0.91	0.49		0.92	-0.41
Short Term Investments	0.99	0.97	0.98	0.99	0.95	0.4	0.98	0.36	0.87	0.98	1.0	0.92	0.51	-0.23	-0.15	0.8	0.97	0.88	0.99	0.63	0.95	0.97	0.59	0.92		-0.27
Inventory	-0.28	-0.22	-0.23	-0.28	-0.14	0.06	-0.25	0.49	-0.35	-0.36	-0.29	-0.21	0.13	-0.32	-0.16	-0.42	-0.25	-0.41	-0.24	0.04	-0.28	-0.26	-0.27	-0.41	-0.27

Click cells to compare fundamentals

NetEase Account Relationship Matchups

NetEase fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	112.1B	141.9B	153.6B	172.8B	185.9B	195.2B
Other Current Liab	11.6B	15.2B	18.0B	18.9B	16.5B	17.3B
Total Current Liabilities	38.2B	46.7B	50.5B	56.8B	53.8B	56.5B
Total Stockholder Equity	61.5B	82.1B	95.3B	104.7B	124.3B	130.5B
Property Plant And Equipment Net	4.6B	4.6B	5.4B	6.3B	8.8B	9.3B
Net Debt	13.6B	10.4B	6.1B	2.6B	(945.4M)	(898.1M)
Retained Earnings	56.4B	64.2B	77.5B	91.1B	112.2B	117.8B
Accounts Payable	1.2B	1.1B	985.1M	1.5B	881.0M	635.6M
Cash	3.2B	9.1B	14.5B	24.9B	21.4B	22.5B
Non Current Assets Total	27.0B	34.0B	40.5B	41.2B	43.2B	45.4B
Cash And Short Term Investments	72.0B	93.5B	97.5B	117.5B	126.7B	133.1B
Net Receivables	4.2B	4.6B	5.5B	5.0B	9.2B	9.7B
Common Stock Shares Outstanding	650.9M	650.0M	670.0M	673.5M	650.4M	924.1M
Liabilities And Stockholders Equity	112.1B	141.9B	153.6B	172.8B	185.9B	195.2B
Other Current Assets	118.0M	108.8M	126.4M	5.4B	132.3M	125.7M
Other Stockholder Equity	3.9B	17.4B	17.4B	13.2B	9.9B	8.0B
Total Liab	49.5B	58.9B	54.4B	63.9B	57.8B	60.7B
Property Plant And Equipment Gross	4.6B	4.6B	5.4B	13.5B	15.9B	16.7B
Total Current Assets	85.1B	107.8B	113.1B	131.6B	142.7B	149.8B
Accumulated Other Comprehensive Income	1.1B	578.0M	417.1M	431.8M	2.2B	2.3B
Common Stock	2.6M	2.6M	2.8M	2.7M	3.1M	2.9M
Short Long Term Debt Total	16.8B	19.5B	20.6B	27.5B	20.5B	21.5B
Current Deferred Revenue	8.6B	10.9B	12.1B	12.5B	17.0B	17.8B
Non Currrent Assets Other	15.4B	17.6B	23.9B	26.2B	2.2B	2.1B
Other Assets	2.9B	18.7B	25.2B	27.7B	31.9B	33.5B
Short Term Investments	68.8B	84.4B	83.0B	92.6B	105.3B	110.6B
Inventory	650.6M	621.2M	964.7M	993.6M	695.4M	1.2B
Short Term Debt	16.8B	19.5B	19.4B	23.9B	19.5B	20.5B
Property Plant Equipment	5.1B	4.6B	5.4B	6.3B	7.3B	7.7B
Other Liab	560.0M	1.3B	1.3B	3.4B	3.9B	4.1B
Non Current Liabilities Total	11.3B	12.1B	3.9B	7.1B	4.0B	2.6B
Intangible Assets	3.7B	4.2B	4.1B	4.1B	6.0B	6.3B
Net Tangible Assets	54.1B	77.9B	91.2B	100.6B	115.7B	121.5B
Long Term Investments	11.7B	6.6B	5.8B	3.0B	22.8B	24.0B
Short Long Term Debt	16.8B	19.5B	19.4B	23.9B	19.2B	12.6B
Capital Lease Obligations	471.4M	805.7M	1.1B	931.7M	815.3M	500.0M

Pair Trading with NetEase

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NetEase position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NetEase will appreciate offsetting losses from the drop in the long position's value.

Moving together with NetEase Stock

0.8	EA	Electronic Arts	Pair Corr
0.77	GDEVW	GDEV INC	Pair Corr
0.78	DDI	Doubledown InteractiveCo	Pair Corr
0.81	GDC	GD Culture Group	Pair Corr

The ability to find closely correlated positions to NetEase could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NetEase when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NetEase - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NetEase to buy it.

The correlation of NetEase is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NetEase moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NetEase moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for NetEase can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether NetEase is a strong investment it is important to analyze NetEase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NetEase's future performance. For an informed investment choice regarding NetEase Stock, refer to the following important reports:

How To Invest In NetEase

Details

Is NetEase Stock a good investment?

Details

What is NetEase's Net Worth?

Details

Largest Interactive Home Entertainment Companies

View

Largest Electronic Gaming & Multimedia Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetEase. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.

Note that the NetEase information on this page should be used as a complementary analysis to other NetEase's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for NetEase Stock analysis

When running NetEase's price analysis, check to measure NetEase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetEase is operating at the current time. Most of NetEase's value examination focuses on studying past and present price action to predict the probability of NetEase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetEase's price. Additionally, you may evaluate how the addition of NetEase to your portfolios can decrease your overall portfolio volatility.

	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Commodity Directory Find actively traded commodities issued by global exchanges
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios

Is NetEase's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetEase. If investors know NetEase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetEase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.682

Dividend Share

18.187

Earnings Share

6.25

Revenue Per Share

160.841

Quarterly Revenue Growth

0.07

The market value of NetEase is measured differently than its book value, which is the value of NetEase that is recorded on the company's balance sheet. Investors also form their own opinion of NetEase's value that differs from its market value or its book value, called intrinsic value, which is NetEase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetEase's market value can be influenced by many factors that don't directly affect NetEase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between NetEase's value and its price as these two are different measures arrived at by different means. Investors typically determine if NetEase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetEase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

NetEase Common Stock Shares Outstanding vs Property Plant And Equipment Gross Analysis

Common Stock Shares Outstanding vs Property Plant And Equipment Gross

Common Stock Shares Outstanding vs Property Plant And Equipment Gross Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Property Plant And Equipment Gross

NetEase fundamental ratios Correlations

NetEase Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NetEase fundamental ratios Accounts

Pair Trading with NetEase

Moving together with NetEase Stock

Complementary Tools for NetEase Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Cash And Short Term Investments
Short Term Investments	+ 1.0	Cash And Short Term Investments

Common Stock Shares Outstanding	- 0.82	Common Stock Total Equity
Common Stock	- 0.8	Common Stock Shares Outstanding
Inventory	- 0.42	Other Stockholder Equity
Inventory	- 0.41	Other Assets
Inventory	- 0.41	Property Plant And Equipment Gross
Inventory	- 0.36	Non Current Assets Total