NetDragon WebSoft

Develops massively multiplayer online games and mobile applications.

Launch date

1999

Employees

1001-5000 people

Market cap

Net debt

-

Enterprise valuation

€634m (Public information from May 2024)

Fuzhou Jiangxi (HQ)

http://www.netdragon.com/

https://www.linkedin.com/company/net-dragon-online-gaming-company/

Revenues, earnings & profits over time

CNY	2020	2021	2022	2023	2024	2025	2026
Revenues	6.1b	7.0b	7.9b	7.1b	7.4b	8.3b	8.5b
% growth	6 %	15 %	12 %	(10 %)	4 %	12 %	2 %
EBITDA	1.6b	2.0b	1.6b	1.4b	1.7b	1.8b	2.2b
% EBITDA margin	26 %	28 %	20 %	20 %	24 %	21 %	26 %
Profit	954m	1.1b	834m	550m	971m	1.1b	1.3b
% profit margin	16 %	15 %	11 %	8 %	13 %	14 %	15 %
EV / revenue	0.9x	0.8x	0.8x	0.8x	0.6x	0.4x	0.3x
EV / EBITDA	3.4x	3.0x	4.0x	4.1x	2.5x	2.0x	1.1x
R&D budget	1.2b	1.2b	1.2b	1.4b	-	-	-
R&D % of revenue	19 %	16 %	16 %	19 %	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
-	Realization Capital Partners	N/A	-
Sep 2004	IDG Capital	N/A	Series A
Dec 2006	IDG Capital Shenzhen Capital Group China Venture Capital	N/A	Series B
Nov 2007	N/A	N/A	IPO
Dec 2023*	RYB Education	N/A	Merger
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

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