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Side-by-side financial comparison of CONSTELLIUM SE (CSTM) and NetEase, Inc. (NTES). Click either name above to swap in a different company.

NetEase, Inc. is the larger business by last-quarter revenue ($4.0B vs $2.2B, roughly 1.8× CONSTELLIUM SE). NetEase, Inc. runs the higher net margin — 31.0% vs 5.1%, a 25.9% gap on every dollar of revenue. NetEase, Inc. produced more free cash flow last quarter ($1.8B vs $109.0M).

Constellium SE is an American-Swiss, French-based global manufacturer of aluminium rolled products, extruded products, and structural parts based on a large variety of advanced alloys. Constellium's C-TEC research center has been credited for advancing technology in the field of advanced aluminium alloy. Constellium primarily serves the aerospace, automotive, and packaging sectors. Large clients include Mercedes-Benz, Audi, BMW, Fiat Chrysler Automotive, Ford, Airbus, Boeing, and Bombardier.

NetEase, Inc. is a Chinese developer and publisher of online PC and mobile games, advertising services, email services, and e-commerce platforms. It is one of the largest Internet and video game companies in the world and was founded by Ding Lei in June 1997.

CSTM vs NTES — Head-to-Head

Bigger by revenue
NTES
NTES
1.8× larger
NTES
$4.0B
$2.2B
CSTM
Higher net margin
NTES
NTES
25.9% more per $
NTES
31.0%
5.1%
CSTM
More free cash flow
NTES
NTES
$1.7B more FCF
NTES
$1.8B
$109.0M
CSTM

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CSTM
CSTM
NTES
NTES
Revenue
$2.2B
$4.0B
Net Profit
$112.0M
$1.2B
Gross Margin
64.1%
Operating Margin
7.5%
28.3%
Net Margin
5.1%
31.0%
Revenue YoY
Net Profit YoY
EPS (diluted)
$0.79

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CSTM
CSTM
NTES
NTES
Q4 25
$2.2B
Q3 25
$2.2B
$4.0B
Q2 25
$2.1B
$3.9B
Q1 25
$2.0B
$4.0B
Q3 24
$3.7B
Q2 24
$1.9B
$3.5B
Q1 24
$3.7B
Q3 23
$3.7B
Net Profit
CSTM
CSTM
NTES
NTES
Q4 25
$112.0M
Q3 25
$88.0M
$1.2B
Q2 25
$36.0M
$1.3B
Q1 25
$37.0M
$1.5B
Q3 24
$955.7M
Q2 24
$76.0M
$939.6M
Q1 24
$1.1B
Q3 23
$1.1B
Gross Margin
CSTM
CSTM
NTES
NTES
Q4 25
Q3 25
64.1%
Q2 25
64.7%
Q1 25
64.1%
Q3 24
62.9%
Q2 24
62.9%
Q1 24
63.4%
Q3 23
62.2%
Operating Margin
CSTM
CSTM
NTES
NTES
Q4 25
7.5%
Q3 25
5.8%
28.3%
Q2 25
2.7%
32.5%
Q1 25
3.1%
36.2%
Q3 24
27.3%
Q2 24
5.4%
27.4%
Q1 24
28.4%
Q3 23
27.7%
Net Margin
CSTM
CSTM
NTES
NTES
Q4 25
5.1%
Q3 25
4.1%
31.0%
Q2 25
1.7%
32.6%
Q1 25
1.9%
36.6%
Q3 24
25.6%
Q2 24
3.9%
26.8%
Q1 24
29.1%
Q3 23
28.6%
EPS (diluted)
CSTM
CSTM
NTES
NTES
Q4 25
$0.79
Q3 25
$0.62
Q2 25
$0.25
Q1 25
$0.26
Q3 24
Q2 24
$0.51
Q1 24
Q3 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CSTM
CSTM
NTES
NTES
Cash + ST InvestmentsLiquidity on hand
$120.0M
$31.3B
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$952.0M
$160.8B
Total Assets
$5.4B
$214.5B
Debt / EquityLower = less leverage
2.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSTM
CSTM
NTES
NTES
Q4 25
$120.0M
Q3 25
$122.0M
$31.3B
Q2 25
$133.0M
$54.4B
Q1 25
$118.0M
$41.7B
Q3 24
$20.2B
Q2 24
$19.0B
Q1 24
$43.0B
Q3 23
$15.1B
Total Debt
CSTM
CSTM
NTES
NTES
Q4 25
$1.9B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$1.9B
Q3 24
Q2 24
Q1 24
Q3 23
Stockholders' Equity
CSTM
CSTM
NTES
NTES
Q4 25
$952.0M
Q3 25
$845.0M
$160.8B
Q2 25
$780.0M
$154.0B
Q1 25
$745.0M
$147.8B
Q3 24
$135.6B
Q2 24
$796.0M
$134.2B
Q1 24
$130.5B
Q3 23
$123.8B
Total Assets
CSTM
CSTM
NTES
NTES
Q4 25
$5.4B
Q3 25
$5.4B
$214.5B
Q2 25
$5.4B
$208.5B
Q1 25
$5.2B
$200.9B
Q3 24
$184.9B
Q2 24
$183.3B
Q1 24
$195.1B
Q3 23
$171.6B
Debt / Equity
CSTM
CSTM
NTES
NTES
Q4 25
2.00×
Q3 25
2.34×
Q2 25
2.53×
Q1 25
2.56×
Q3 24
Q2 24
Q1 24
Q3 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CSTM
CSTM
NTES
NTES
Operating Cash FlowLast quarter
$218.0M
$1.8B
Free Cash FlowOCF − Capex
$109.0M
$1.8B
FCF MarginFCF / Revenue
5.0%
44.7%
Capex IntensityCapex / Revenue
5.0%
1.0%
Cash ConversionOCF / Net Profit
1.95×
1.47×
TTM Free Cash FlowTrailing 4 quarters
$159.0M
$6.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSTM
CSTM
NTES
NTES
Q4 25
$218.0M
Q3 25
$99.0M
$1.8B
Q2 25
$114.0M
$1.5B
Q1 25
$58.0M
$1.7B
Q3 24
$1.5B
Q2 24
$138.0M
$898.8M
Q1 24
$1.3B
Q3 23
$1.3B
Free Cash Flow
CSTM
CSTM
NTES
NTES
Q4 25
$109.0M
Q3 25
$24.0M
$1.8B
Q2 25
$37.0M
$1.5B
Q1 25
$-11.0M
$1.6B
Q3 24
$1.5B
Q2 24
$54.0M
$875.6M
Q1 24
$1.3B
Q3 23
$1.3B
FCF Margin
CSTM
CSTM
NTES
NTES
Q4 25
5.0%
Q3 25
1.1%
44.7%
Q2 25
1.8%
38.3%
Q1 25
-0.6%
40.4%
Q3 24
38.9%
Q2 24
2.8%
25.0%
Q1 24
34.0%
Q3 23
33.7%
Capex Intensity
CSTM
CSTM
NTES
NTES
Q4 25
5.0%
Q3 25
3.5%
1.0%
Q2 25
3.7%
0.7%
Q1 25
3.5%
1.6%
Q3 24
1.4%
Q2 24
4.3%
0.7%
Q1 24
1.5%
Q3 23
2.4%
Cash Conversion
CSTM
CSTM
NTES
NTES
Q4 25
1.95×
Q3 25
1.13×
1.47×
Q2 25
3.17×
1.20×
Q1 25
1.57×
1.15×
Q3 24
1.58×
Q2 24
1.82×
0.96×
Q1 24
1.22×
Q3 23
1.26×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CSTM
CSTM

Packaging Rolled Products$1.0B46%
Automotive Rolled Products$318.0M14%
Aerospace Rolled Products$270.0M12%
Transportation Industry Defense And Other Rolled Products$232.0M11%
Automotive Extruded Products$220.0M10%
Other Extruded Products$132.0M6%
Specialty And Other Thin Rolled Products$22.0M1%

NTES
NTES

Games and related value-added services$3.3B82%
NetEase Cloud Music$275.9M7%
Youdao$228.8M6%
Innovative businesses and others$202.1M5%

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