T. H. Data Flash – NetEase, Inc. (NTES) – May & 2Q19E: Going Back to Basics; Expect Margins To Recover In 2019 On Streamlining Business & Refocus on Games
We are positive on NTES’s 2Q19 performance. Based on our data and model, NTES’s 2Q19 revenue is likely to be slightly higher than the Street consensus at RMB19,128M. In 1Q19, the company took measures to streamline its business lines and organization structure, which included divesting some non-performing assets, cutting back the number of employees and refocusing on its core business.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.