vs
网易（NTES）与欧朋（OPRA）财务数据对比。点击上方公司名可切换其他公司
网易的季度营收约是欧朋的27.9倍（$4.0B vs $142.7M）。网易净利率更高（31.0% vs 12.8%，领先18.2%）
网易由丁磊于1997年6月创立，是全球规模领先的互联网与网络游戏企业之一。公司核心业务涵盖PC及移动端网络游戏的研发与发行，同时布局广告服务、电子邮箱服务及电商平台等多元业务板块。
欧朋是一家跨国科技企业，总部位于挪威奥斯陆，在欧洲、中国、非洲均设有分支机构。公司业务涵盖PC端与移动端浏览器、GameMaker工具与游戏门户、欧朋新闻内容推荐产品、欧朋广告平台，同时也布局多项Web3与电商相关产品服务，目前月度活跃用户总量达2.96亿。
NTES vs OPRA — 直观对比
营收规模更大
NTES
是对方的27.9倍
$142.7M
净利率更高
NTES
高出18.2%
12.8%
损益表 — Q3 2025 vs Q1 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $142.7M |
| 净利润 | $1.2B | $18.3M |
| 毛利率 | 64.1% | — |
| 营业利润率 | 28.3% | 14.8% |
| 净利率 | 31.0% | 12.8% |
| 营收同比 | — | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收NTESOPRA
| Q3 25 | $4.0B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $4.0B | $142.7M | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.5B | $211.6M | ||
| Q1 24 | $3.7B | — | ||
| Q3 23 | $3.7B | — | ||
| Q2 23 | $3.3B | — |
净利润NTESOPRA
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.5B | $18.3M | ||
| Q3 24 | $955.7M | — | ||
| Q2 24 | $939.6M | $34.1M | ||
| Q1 24 | $1.1B | — | ||
| Q3 23 | $1.1B | — | ||
| Q2 23 | $1.1B | — |
毛利率NTESOPRA
| 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% | — | ||
| Q2 23 | 59.9% | — |
营业利润率NTESOPRA
| Q3 25 | 28.3% | — | ||
| Q2 25 | 32.5% | — | ||
| Q1 25 | 36.2% | 14.8% | ||
| Q3 24 | 27.3% | — | ||
| Q2 24 | 27.4% | 19.6% | ||
| Q1 24 | 28.4% | — | ||
| Q3 23 | 27.7% | — | ||
| Q2 23 | 25.2% | — |
净利率NTESOPRA
| Q3 25 | 31.0% | — | ||
| Q2 25 | 32.6% | — | ||
| Q1 25 | 36.6% | 12.8% | ||
| Q3 24 | 25.6% | — | ||
| Q2 24 | 26.8% | 16.1% | ||
| Q1 24 | 29.1% | — | ||
| Q3 23 | 28.6% | — | ||
| Q2 23 | 34.0% | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $31.3B | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $160.8B | — |
| 总资产 | $214.5B | — |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资NTESOPRA
| Q3 25 | $31.3B | — | ||
| Q2 25 | $54.4B | — | ||
| Q1 25 | $41.7B | — | ||
| Q3 24 | $20.2B | — | ||
| Q2 24 | $19.0B | — | ||
| Q1 24 | $43.0B | — | ||
| Q3 23 | $15.1B | — | ||
| Q2 23 | $12.8B | — |
股东权益NTESOPRA
| Q3 25 | $160.8B | — | ||
| Q2 25 | $154.0B | — | ||
| Q1 25 | $147.8B | — | ||
| Q3 24 | $135.6B | — | ||
| Q2 24 | $134.2B | — | ||
| Q1 24 | $130.5B | — | ||
| Q3 23 | $123.8B | — | ||
| Q2 23 | $118.1B | — |
总资产NTESOPRA
| Q3 25 | $214.5B | — | ||
| Q2 25 | $208.5B | — | ||
| Q1 25 | $200.9B | — | ||
| Q3 24 | $184.9B | — | ||
| Q2 24 | $183.3B | — | ||
| Q1 24 | $195.1B | — | ||
| Q3 23 | $171.6B | — | ||
| Q2 23 | $167.9B | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $1.8B | — |
| 自由现金流经营现金流 - 资本支出 | $1.8B | — |
| 自由现金流率自由现金流/营收 | 44.7% | — |
| 资本支出强度资本支出/营收 | 1.0% | — |
| 现金转化率经营现金流/净利润 | 1.47× | — |
| 过去12个月自由现金流最近4个季度 | $6.3B | — |
8季度趋势，按日历期对齐
经营现金流NTESOPRA
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.7B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $898.8M | — | ||
| Q1 24 | $1.3B | — | ||
| Q3 23 | $1.3B | — | ||
| Q2 23 | $1.1B | — |
自由现金流NTESOPRA
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.6B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $875.6M | — | ||
| Q1 24 | $1.3B | — | ||
| Q3 23 | $1.3B | — | ||
| Q2 23 | $987.1M | — |
自由现金流率NTESOPRA
| Q3 25 | 44.7% | — | ||
| Q2 25 | 38.3% | — | ||
| Q1 25 | 40.4% | — | ||
| Q3 24 | 38.9% | — | ||
| Q2 24 | 25.0% | — | ||
| Q1 24 | 34.0% | — | ||
| Q3 23 | 33.7% | — | ||
| Q2 23 | 29.8% | — |
资本支出强度NTESOPRA
| Q3 25 | 1.0% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 1.6% | — | ||
| Q3 24 | 1.4% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 1.5% | — | ||
| Q3 23 | 2.4% | — | ||
| Q2 23 | 2.2% | — |
现金转化率NTESOPRA
| Q3 25 | 1.47× | — | ||
| Q2 25 | 1.20× | — | ||
| Q1 25 | 1.15× | — | ||
| Q3 24 | 1.58× | — | ||
| Q2 24 | 0.96× | — | ||
| Q1 24 | 1.22× | — | ||
| Q3 23 | 1.26× | — | ||
| Q2 23 | 0.94× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
NTES
| Games and related value-added services | $3.3B | 82% |
| NetEase Cloud Music | $275.9M | 7% |
| Youdao | $228.8M | 6% |
| Innovative businesses and others | $202.1M | 5% |
OPRA
暂无分部数据
