7 Most Profitable Chinese Stocks To Invest In

5. NetEase (NASDAQ:NTES)  

TTM Net Income: $4.01 Billion  

5-Year Net Income CAGR: 26.92%  

Number of Hedge Fund Holders: 35  

NetEase (NASDAQ:NTES) is a leading online services company that operates primarily in the gaming, education, and e-commerce sectors. The company’s gaming division is a major player in the industry, with a portfolio of over 100 game products and strategic partnerships with renowned gaming companies, including Blizzard. NetEase (NASDAQ:NTES) has established itself as a notable player in the gaming industry, both in China and globally.

NetEase (NASDAQ:NTES) has a robust pipeline of upcoming game releases, with several recent launches that have garnered positive reviews from players. The company’s Naraka: Bladepoint Mobile, launched in China in July, has been well-received by the gaming community. Additionally, its Hero Shooter and Marvel Rival have also received enthusiastic feedback from players. NetEase (NASDAQ:NTES) has also successfully launched Marvel Rivals on prominent gaming platforms, including PlayStation 5, Xbox Series X|S, and PC, expanding its reach in the gaming market.

NetEase (NASDAQ:NTES) boasts an impressive $19 billion in cash and equivalents, with almost no debt burden. This financial stability provides the company with the flexibility to invest aggressively in research and development (R&D) initiatives and take risks on innovative new game releases. The combination of NetEase’s (NASDAQ:NTES) solid financial foundation and its promising pipeline of upcoming games makes the company an attractive investment opportunity.

NetEase (NASDAQ:NTES) has reported strong financial results, with a net income of $4.010 billion for the twelve months ending June 30, 2024, representing an 11.84% increase year-over-year, and a 5-year net income compound annual growth rate (CAGR) of 26.92%. As of the second quarter, 35 hedge funds have invested in the company, valued at $993.75 million.