Altman Z Score analysis of NetEase Inc, Value 2.44

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Altman Z Score Analysis of NetEase Inc - Deep Dive

Birds's Eye

WARN : Please note that some of the values may not be in base currency

Latest FY Altman Z Score

Period Ending - Dec-23

2.44

Indecisive Altman Z Score

Period Ending - Dec-22

2.34

Indecisive Altman Z Score

Growth

4.32 %

Latest Altman Z Score

Period Ending - 31-May-24

3.04

Indecisive Altman Z Score

Key Inputs in Deriving Altman Z Score

(Net Working Capital / Total Assets ) * 1.2 ( 8885.01 Cr / 18592.50 Cr ) * 1.2	0.573
(Retained Earning / Total Assets ) * 1.4 ( 11221.46 Cr / 18592.50 Cr ) * 1.4	0.845
(EBIT / Total Assets ) * 3.3 ( 2689.64 Cr / 18592.50 Cr ) * 3.3	0.477
(Total Revenue / Total Assets ) ( 10168.21 Cr / 18592.50 Cr )	0.547
(Market Cap / Total Liabilities ) .6 ( 5737.93 Cr / 5784.09 Cr ) .6	0.595
Altman Z Score	3.04

Altman Z Score Analysis of NetEase Inc

Altman Z Score Ratio of NTES trending up for at least three Years.
Altman Z Score Ratio with value of 2.04 was lowest in Year Dec-20 in last Five Years.
Latest Altman Z Score Ratio with value of 2.44 is Greater than Average Altman Z Score of 2.24 in last five years.

Other Altman Z Score Related Info of NTES that may interest you.

NetEase Inc Overview

Code	Price	Previous Price	Price Change	Sector
NTES	89.03	90.66	1.80 %	Electronic Gaming & Multimedia

Fundamental Analysis Technical Analysis

Defination of Altman Z Score

Altman Z Score is a widely used metric by analysts and investors to analyze companies' financial position. It indicates that the companies' risks were increasing, and they may have been heading towards bankruptcy. It does not only indicate whether companies are moving towards bankruptcy, but it also indicates how financially stable and healthy they are. more ..

Altman Z Score Related Ratios

PiotroskiFScore

DebtToEquityRatio

Tsr Stability Index


Good Stability

FY - Historical Altman Z Score of NetEase Inc

Period	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17
Altman Z Score	2.44	2.34	2.25	2.04	2.10	2.29	2.88
Change	4.32 %	4.13 %	10.12 %	-2.79 %	-8.41 %	-20.31 %	24.03 %

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FY Chart of Altman Z Score of NetEase Inc

Note : All Data Generated at the End of Trading Hours (EOD Data)