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NTES - NetEase Earnings: Mobile Games Are Here To Stay And Will Dominate
February, 23 2024 10:57 AM
NetEase Inc.
2024-02-23 10:57:51 ET
Summary NetEase is expected to report decent full-year results, with improved operational efficiency and successful game releases. The company has a strong financial position with a large cash reserve and minimal debt. Revenues have been mixed, but margin expansions and improved ROA and ROE indicate positive performance. Recently-released games performed very well, which tells me that the company may continue to find cash cows in new titles going forward. Investment Thesis For further details see:
NetEase Earnings: Mobile Games Are Here To Stay And Will Dominate
Stock Information
Company Name:
NetEase Inc.
Stock Symbol:
NTES
Market:
NASDAQ
Website:
ir.netease.com
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