|Bid||5.50 x 800|
|Ask||6.06 x 1300|
|Day's range||5.51 - 6.35|
|52-week range||4.31 - 27.78|
|Beta (5Y monthly)||-0.62|
|PE ratio (TTM)||N/A|
|Earnings date||24 May 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||16.24|
If you're interested in investing in Chinese stocks or are already invested in this space, you're likely familiar with the tech giant NetEase (NASDAQ: NTES). While regulatory concerns have dragged shares down in recent months, the company reported a robust third quarter. In this segment of Backstage Pass, recorded on Nov. 17, Motley Fool contributors Brian Withers and Jeremy Bowman discuss the noteworthy success of this global Chinese company.
At this time, I would like to turn the conference over to Margaret Shi, IR director of NetEase. As a reconciliation of GAAP to non-GAAP financial results, please see the 2021 third quarter earnings news release issued earlier today.
An important strategy shift from a subsidiary is pleasing analysts and bringing back bullish investors.