NetEase Inc

Common Name

NetEase

Country

China (Mainland)

Sector

Communication Services

Industry

Electronic Gaming & Multimedia

Employees

26,028

Ticker

NTES

Exchange

NASDAQ/NGS

Website

ir.netease.com

Description

NetEase, Inc. ADR represents one of China's leading technology companies, focusing on online services centered around content, community, communication, and commerce. With a particular emphasis on onl... Show more

Financial Statements of NetEase

Below are the financial statements of NetEase, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of CNY	2024	2023
Current assets	—	—
Cash and cash equivalents	51,383.31^a	21,428.9^a
Time deposits	75,441.36^a	100,856.03^a
Restricted cash	3,086.41^a	2,777.21^a
Accounts receivable, net	5,669.03^a	6,422.42^a
Inventories	571.55^a	695.37^a
Prepayments and other current assets, net	6,416.87^a	6,076.6^a
Short-term investments	10,756.14^a	4,436.06^a
Total current assets	153,324.66^a	142,692.59^a
Non-current assets	—	—
Property, equipment and software, net	8,520.1^a	8,075.04^a
Land use rights, net	4,172.47^a	4,075.14^a
Operating lease right-of-use assets, net	541.07^a	749.28^a
Deferred tax assets	1,113.44^a	1,560.09^a
Time deposits	3,025^a	1,050^a
Restricted cash	5.21^a	0.55^a
Long-term investments	20,206.36^a	21,783.19^a
Other long-term assets	5,083.26^a	5,939.11^a
Total non-current assets	42,666.89^a	43,232.39^a
Total assets	195,991.55^a	185,924.98^a
Current liabilities	—	—
Accounts payable	720.55^a	881.02^a
Salary and welfare payables	4,683.01^a	4,857.21^a
Taxes payable	2,759.19^a	2,571.53^a
Short-term loans	11,805.05^a	19,240.16^a
Contract liabilities	15,299.22^a	13,362.17^a
Accrued liabilities and other payables	14,229.03^a	12,670.91^a
Short-term operating lease liabilities	171.61^a	259.49^a
Total current liabilities	49,667.66^a	53,842.48^a
Non-current liabilities	—	—
Deferred tax liabilities	2,173.12^a	2,299.3^a
Long-term operating lease liabilities	412.6^a	555.83^a
Long-term loans	428^a	428^a
Other long-term liabilities	816.04^a	715.28^a
Total non-current liabilities	3,829.76^a	3,998.41^a
Liabilities, redeemable noncontrolling interests and shareholders’ equity	—	—
Total liabilities	53,497.41^a	57,840.9^a
Redeemable noncontrolling interests	84.27^a	115.76^a
Shareholders’ equity	—	—
Ordinary shares	2.63^a	2.71^a
Additional paid-in capital	9,860.96^a	22,604.65^a
Treasury stock	-4,473.06^a	-12,694.36^a
Statutory reserves	1,954.87^a	1,541.42^a
Accumulated other comprehensive income	1,006.81^a	616.78^a
Retained earnings	130,333.4^a	112,214.58^a
NetEase, Inc.’s shareholders’ equity	138,685.61^a	124,285.78^a
Noncontrolling interests	3,724.26^a	3,682.55^a
Total equity	142,409.87^a	127,968.32^a
Total liabilities, redeemable noncontrolling interests and shareholders’ equity	195,991.55^a	185,924.98^a

Verified Sources Behind NetEase’s Financial Fundamentals Data

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a. NetEase's Annual Report 2024

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NetEase Inc

Financial Statements of NetEase

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