NetEase

9999.HK · Technology · Hang Seng · HKD

Latest observation

Q3 2025

Reality Gap Values

RG8 Q3 2025 1.5

RG10 Q3 2025 1.3

RG12 Q3 2025 1.2

Trend (RG10 vs prior period)

+ Increasing

Supporting Data (Q3 2025)

Market Capitalisation	HKD 627.6B
Tangible Equity (TE)	HKD 152.2B
Smoothed Earnings G (4yr avg)	HKD 32.5B
Net Income (this period)	HKD 34.5B

Values in HKD billions.

Historical RG Overview

Period	Mkt Cap (HKD B)	TE (HKD B)	RG8	RG10	RG12
Q3 2025	627.6	152.2	1.5	1.3	1.2
Q2 2025	590.3	152.2	1.4	1.3	1.1
Q1 2025	493.9	152.2	1.2	1.1	0.9
Q4 2024	467.6	152.2	1.2	1.0	0.9
Q4 2023	431.9	152.2	1.2	1.1	1.0
Q4 2022	376.6	152.2	1.3	1.1	1.0

RG10 Trend

RG8 RG10 RG12

Shorter history than other companies.

Data Note

Computed via yfinance. Historical end-of-quarter closing price × current shares outstanding. Older quarters estimated from annual NI / 4. Approximation.

All data is illustrative and for research purposes only. Not investment advice. Market cap for historical periods approximated as shares outstanding × year-end closing price (H-share basis).