NTES
NetEase Inc. Communication Services - Gaming Investor Relations →
NetEase Inc. (NTES) closed at $117.98 as of 2026-05-01, trading 20.6% above its 200-week moving average of $97.80. The stock moved further from the line this week, up from 13.2% last week. The 14-week RSI sits at 37, indicating neutral momentum.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.14 ratio) is neutral — neither side is clearly dominating.
Over the past 1300 weeks of data, NTES has crossed below its 200-week moving average 17 times. On average, these episodes lasted 7 weeks. Historically, investors who bought NTES at the start of these episodes saw an average one-year return of +208.4%.
With a market cap of $75.3 billion, NTES is a large-cap stock. The company generates a free cash flow yield of 44.5%, which is notably high. Return on equity stands at 22.6%, indicating strong profitability. The stock trades at 16.1x book value.
NTES passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 24.9 years, a hypothetical investment of $100 in NTES would have grown to $223521, compared to $921 for the S&P 500. That represents an annualized return of 36.3% vs 9.3% for the index — confirming NTES as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 24.8% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: NTES vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NTES Crosses Below the Line?
Across 17 historical episodes, buying NTES when it crossed below its 200-week moving average produced an average return of +206.8% after 12 months (median +52.0%), compared to +15.7% for the S&P 500 over the same periods. 94% of those episodes were profitable after one year. After 24 months, the average return was +423.3% vs +35.2% for the index.
Each line shows $100 invested at the moment NTES crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NTES has crossed below its 200-week MA 17 times with an average 1-year return of +208.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 2001 | Aug 2002 | 62 | 81.6% | -47.6% | +135006.3% |
| Sep 2002 | Oct 2002 | 1 | 6.8% | +2661.6% | +135609.4% |
| Aug 2007 | Aug 2007 | 2 | 4.0% | +48.4% | +4969.9% |
| Nov 2008 | Dec 2008 | 2 | 13.6% | +140.6% | +4679.7% |
| Jan 2009 | Jan 2009 | 3 | 6.5% | +114.3% | +3992.5% |
| Dec 2012 | Dec 2012 | 4 | 9.6% | +85.5% | +1848.6% |
| Aug 2018 | Sep 2018 | 5 | 6.9% | +26.3% | +233.1% |
| Oct 2018 | Oct 2018 | 2 | 5.0% | +37.6% | +226.5% |
| Feb 2019 | Mar 2019 | 1 | 2.6% | +51.5% | +215.1% |
| Jul 2019 | Aug 2019 | 1 | 6.9% | +115.9% | +210.2% |
| Sep 2022 | Jan 2023 | 15 | 30.7% | +33.9% | +65.7% |
| Feb 2023 | Feb 2023 | 1 | 4.2% | +40.7% | +62.4% |
| Dec 2023 | Dec 2023 | 1 | 2.8% | +7.8% | +43.1% |
| May 2024 | Jun 2024 | 2 | 3.8% | +36.1% | +37.3% |
| Jun 2024 | Sep 2024 | 14 | 15.9% | +47.4% | +37.7% |
| Oct 2024 | Dec 2024 | 8 | 16.1% | +70.8% | +39.1% |
| Dec 2024 | Jan 2025 | 1 | 2.2% | +71.6% | +38.5% |
| Average | 7 | — | +208.4% | — |
Frequently Asked Questions
Is NTES below its 200-week moving average?
No. NetEase Inc. (NTES) is currently 20.6% above its 200-week moving average of $97.80. It would need to fall to $97.80 to cross below the line.
What is NTES's 200-week moving average price?
NetEase Inc.'s 200-week moving average is $97.80 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when NTES drops below its 200-week moving average?
NTES has crossed below its 200-week moving average 17 times in our data. On average, buying at that moment produced a one-year return of +208.4%. These dips have historically been decent entry points. These episodes lasted 7 weeks on average.
Is NTES a good value right now?
Here's what our data says about NTES as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 37. Free cash flow yield is 44.5%. Return on equity is 22.6%. Price-to-book is 16.1x. This is not a buy or sell recommendation — always do your own research.
How does NTES compare to the S&P 500?
Over the past 24.9 years, $100 invested in NTES would have grown to $223521, compared to $921 for the S&P 500. That's 36.3% annualized vs 9.3% for the index. NTES has outperformed the broader market over this period.
Does NTES pay a dividend?
Yes. NetEase Inc. currently pays a dividend yield of 252.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01