Seeking Alpha

Seeking Alpha Portfolio App for iPad

900 people get NTES articles and Market Currents by email alert.

Get email alerts on NTES »

NTES

NetEase, Inc

5/20/2013, 1:19 PM ET

Quote & Headlines Market Currents StockTalk

All
| Earnings
| Dividends
| M&A
| On the move

Monday, May 20, 10:15 AM Chinese Internet stocks jump in response to Qihoo's Q1 beat and very strong Q2 guidance, highlighted by ramping search ad sales and soaring online game revenue. YY +6.5%. RENN +6.8%. NTES +5.5%. BIDU +2.4%. PWRD +3.2%. SOHU +3%. SINA +2.3%. Comment! [Tech, On the Move]
Wednesday, May 15, 6:23 PM More on NetEase: The company has adopted an annual dividend policy under which it will pay out 20%-25% of net income in a given fiscal year. The announcement follows the January payment of a $1/share special dividend. NetEase's Q1 online game revenue (90% of total) rose 11% Y/Y. Ad sales +15%, all other services +65%. Opex -22% Q/Q (lower promotional spend) but +28% Y/Y (investments in new games). NTES +2.6% AH. CC at 9PM ET (webcast). (PR) Comment! [Tech, Earnings, On the Move]
Wednesday, May 15, 6:02 PM Netease.com (NTES): Q1 EPS of $1.32 beats by $0.09. Revenue of $363.6M beats by $15.47M. (PR) Comment! [Earnings, Breaking News, Tech]
Wednesday, May 15, 12:10 AM Notable earnings after Wednesday’s close: ANW, CSCO, EGLE, JACK, NTES, SB, SKX, SVM, THMC, YOKU Comment! [Earnings]
Tuesday, May 14, 5:35 PM Notable earnings after Wednesday’s close: ANW, CSCO, EGLE, JACK, NTES, SB, SKX, SVM, THMC, YOKU Comment! [Earnings]
Monday, April 29, 11:28 AM Chinese Internet stocks rally following news Alibaba is buying an 18% stake in Sina as it tries to head off competition from Tencent. Youku (YOKU +7%) is the biggest winner, but Baidu (BIDU +2.2%), NetQin (NQ +3.8%), NetEase (NTES +2%), and YY (YY +3.7% - a rival to Tencent's QQ platform) are also having good days. Youku filed its 2012 20-F on Friday. Comment! [Tech, On the Move]
Thursday, March 28, 6:49 PM Even as console game sales tumbled and PC demand slipped, PC game sales grew 8% last year to $20B, estimates research firm DFC - this figure includes money spent on online titles. Demand from China is believed to have risen 9% to $6.8B, and positive growth was also reportedly seen in the U.S. and Japan. Interestingly, industry trade group PCGA argues mobile is helping PC gaming enabling smaller developers to launch cross-platform initiatives. Comment! [Tech]
Wednesday, March 20, 10:57 AM Solid earnings from Tencent (TCEHY.PK) and a rally in Shanghai help Chinese Internet stocks trade higher. YOKU +3.8%. SINA +2.8%. QIHU +2.5%. SOHU +1.8%. YY +1.8%. NTES +1.5%. PWRD +1.7%. Tencent, which rose 1.5% in Hong Kong, reported a 53% Y/Y increase in Q4 sales to $1.96B, and a 37% increase in net income to $557M. Ad sales were better than expected, and value-added service sales (includes online games) rose 32%. Registered accounts for Tencent's WeChat mobile IM platform, which competes with Sina's Weibo, have topped 300M. Comment! [Tech, On the Move, Earnings]
Wednesday, March 6, 11:02 AM Some Chinese Internet stocks sell off after Qihoo sees a post-earnings drop and Sohu (SOHU -9.4%) denies reports it's thinking of going private. CYOU -6.8%. SINA -4.4%. YOKU -5.7%. NTES -1.7%. Comment! [Tech, On the Move]
Friday, February 8, 11:40 AM Activision (ATVI +11.6%) is making multi-year highs following a Q4 beat fueled by a record 44% op. margin and soaring Skylanders toy sales. Sterne Agee has upgraded shares to Buy, declaring Activision well-positioned for upcoming console refreshes and predicting major buybacks are on the way. Management noted on the earnings call most of the Q4 decline in World of Warcraft subs came from China, and that Western subs were relatively stable. Electronic Arts (EA +2.2%) is higher, and so is Chinese Warcraft partner NetEase (NTES +6.7%). 1 Comment [Tech, On the Move, Earnings]
Wednesday, February 6, 6:04 PM Netease (NTES): Q4 EPS of $1.23 beats by $0.14. Revenue of $373.5M. Shares +3.2% AH. (PR) 1 Comment [Earnings, Breaking News, On the Move]
Wednesday, February 6, 12:10 AM Notable earnings after Wednesday’s close: AKAM, ALL, ARAY, ARRS, ATML, ATO, BDN, CBG, CINF, CVA, CYS, DV, ENS, FMC, GHDX, GMCR, HIMX, IACI, IRBT, LF, NTES, NWSA, ORLY, OSUR, PAA, PDH, PNG, PRU, QUIK, SGMO, SRCL, TQNT, TRLA, TRLG, TSO, TWO, V, XIDE, YELP Comment! [Earnings]
Tuesday, February 5, 5:35 PM Notable earnings after Wednesday’s close: AKAM, ALL, ARAY, ARRS, ATML, ATO, BDN, CBG, CINF, CVA, CYS, DV, ENS, FMC, GHDX, GMCR, HIMX, IACI, IRBT, LF, NTES, NWSA, ORLY, OSUR, PAA, PDH, PNG, PRU, QUIK, SGMO, SRCL, TQNT, TRLA, TRLG, TSO, TWO, V, XIDE, YELP 1 Comment [Earnings]
Tuesday, December 4, 2012, 10:24 AM Some marquee Chinese Internet stocks are slumping, potentially on worries about the SEC's suits against the Chinese arms of the Big-4 U.S. accounting firms. Baidu (BIDU -5.1%), Sina (SINA -6.6%), Youku Tudou (YOKU -4.2%), Sohu (SOHU -3%), Perfect World (PWRD -1.2%), and NetEase (NTES -4%) are among the losers. Renren (RENN +2.5%) is higher following yesterday afternoon's Deutsche upgrade. 2 Comments [Tech, On the Move]
Friday, November 16, 2012, 1:02 PM Sohu (SOHU -4.8%) is selling off again today, likely on account of fellow Chinese portal owner Sina's disappointing Q4 guidance. Shares fell on Wednesday after HSBC started coverage with an Underweight, and (like Baidu and Sina's shares) aren't far removed from their 52-week low. NetEase (NTES -5.5%), which dived yesterday in response to its Q3 miss, is also having a bad day. 1 Comment [Tech, On the Move]
Thursday, November 15, 2012, 11:03 AM NetEase (NTES -6.6%) slumps after reporting Q3 revenue of $325.4M (flat Y/Y) and EPS of $0.98, missing consensus by $8.3M and $0.09. Online gaming revenue (85% of total) fell a bit while advertising and value-added service revenue rose. Opex surged 23% Y/Y to $85.5M thanks in part to higher gave development R&D and promotional spending. A new $100M stock repurchase program (good for buying back 1.6% of outstanding shares at current levels) has been authorized. (PR) (transcript) Comment! [Tech, Earnings, On the Move]