Last Price$96.6(3.1%)
Market Cap$63.1B
$14.6B
+1.8% YoY
$4,127.6M
+1.0% YoY
($17.2B)
Net Debt to FCF - (3.3x)
$5,224.7M
35.7% margin
NTES Income Statement
NTES Income Statement Overview
Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
$14.6B 7.2% YoY
Cost of revenue
$5,708.7M (7.6%) YoY
Pre-tax income
$4,811.8M 40.4% YoY
32.9% margin
NTES Income statement key metrics
Annual
Quarterly
LTM
NTES Balance Sheet
NTES Balance Sheet Overview
Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Assets
Liabilities
Total assets
$26.2B
Current assets ($20.1B, 76.7% of total)
$17.8B (68.2%)
$1,300.6M (5.0%)
Other current assets
$949.0M (3.6%)
Non-current assets ($6,089.3M, 23.3% of total)
$3,216.1M (12.3%)
$1,242.9M (4.7%)
$839.4M (3.2%)
Other non-current assets
$790.9M (3.0%)
Financial position
($15.0B)
Cash & Short-term
Investments
Total Debt
NTES Balance Sheet Metrics
Annual
Quarterly
LTM
NTES Cash Flow Statement
NTES Cash Flow Statement Overview
Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
($477.8M) Net Change in Cash
NTES Cash Flow Statement key metrics
Annual
Quarterly
LTM
Operating Cash Flow (OCF)
$4,991.9M +27.5% YoY
Capital Expenditure (CAPEX)
($604.1M) +61.8% YoY
Free Cash Flow (FCF)
$4,387.8M +23.9% YoY
NTES Financials
USD
CNY
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'04 | Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 109.3 0.0% | 197.1 80.3% | 271.7 37.9% | 290.5 6.9% | 442.3 52.2% | 558.6 26.3% | 554.8 (0.7%) | 1,127.8 103.3% | 1,299.2 15.2% | 1,494.8 15.0% | 1,900.7 27.2% | 3,628.5 90.9% | 5,750.6 58.5% | 8,005.7 39.2% | 10,164.3 27.0% | 8,576.8 (15.6%) | 10,680.8 24.5% | 13,577.9 27.1% | 14,364.8 5.8% | 14,618.8 1.8% |
| Cost of Goods Sold (COGS) | 22.2 | 33.6 | 47.9 | 54.5 | 80.2 | 139.1 | 143.6 | 367.0 | 408.4 | 402.9 | 529.3 | 1,495.6 | 2,487.5 | 4,171.3 | 5,865.4 | 4,008.3 | 5,028.7 | 6,298.0 | 6,509.8 | 5,708.7 |
% margin | 87.1 79.7% | 163.4 82.9% | 223.9 82.4% | 236.0 81.2% | 362.1 81.9% | 419.4 75.1% | 411.2 74.1% | 760.8 67.5% | 890.8 68.6% | 1,091.9 73.0% | 1,371.4 72.2% | 2,132.8 58.8% | 3,263.1 56.7% | 3,834.4 47.9% | 4,298.9 42.3% | 4,568.5 53.3% | 5,652.1 52.9% | 7,279.9 53.6% | 7,855.0 54.7% | 8,910.1 60.9% |
| Operating Expenses | 32.9 | 44.0 | 63.2 | 77.7 | 87.5 | 114.1 | 112.4 | 246.7 | 302.8 | 384.4 | 598.2 | 975.7 | 1,360.9 | 2,036.0 | 3,104.3 | 2,571.9 | 3,544.2 | 4,735.5 | 4,933.0 | 4,995.1 |
| Research & Development Expenses (R&D) | 4.2 | 11.0 | 19.2 | 23.7 | 29.7 | 33.7 | 36.1 | 72.0 | 113.8 | 149.8 | 214.8 | 343.5 | 458.9 | 646.9 | 1,179.4 | 1,218.0 | 1,503.4 | 2,181.6 | 2,238.8 | 2,329.1 |
| Selling, General & Administrative Expenses (SG&A) | 28.8 | 33.0 | 43.9 | 54.0 | 57.8 | 80.5 | 76.3 | 174.7 | 189.0 | 234.6 | 383.4 | 632.1 | 901.9 | 1,389.1 | 1,924.9 | 1,353.9 | 2,040.8 | 2,553.9 | 2,694.2 | 2,666.0 |
% margin | 54.1 49.5% | 119.4 60.6% | 160.7 59.1% | 158.3 54.5% | 274.5 62.1% | 295.6 52.9% | 298.8 53.9% | 514.1 45.6% | 588.0 45.3% | 707.5 47.3% | 773.2 40.7% | 1,157.2 31.9% | 1,902.2 33.1% | 1,798.5 22.5% | 1,194.6 11.8% | 1,996.6 23.3% | 2,107.9 19.7% | 2,544.4 18.7% | 2,922.0 20.3% | 3,915.0 26.8% |
| Interest Income | 2.7 | 7.1 | 11.8 | 14.8 | 20.8 | 18.7 | 18.9 | 42.1 | 67.1 | 82.3 | 97.6 | 95.0 | 81.6 | 98.7 | 88.9 | 119.0 | 231.8 | 235.5 | 320.0 | 582.2 |
| Interest Expense | 0.5 | 0.0 | 11.8 | 14.8 | 20.8 | 18.7 | 20.8 | 39.9 | 67.1 | 82.3 | 97.6 | 95.0 | 81.6 | 98.7 | 88.9 | 0.0 | 0.0 | 0.0 | 320.0 | 0.0 |
| Pre-tax Income | 56.9 | 125.5 | 172.6 | 166.3 | 272.1 | 314.2 | 317.6 | 559.3 | 677.8 | 808.8 | 885.8 | 1,290.5 | 2,093.0 | 1,925.4 | 1,353.7 | 2,371.9 | 2,228.8 | 3,270.9 | 3,610.0 | 4,811.8 |
% effective tax rate | 3.5 6.1% | 11.6 9.2% | 16.6 9.6% | 0.4 0.2% | 43.1 15.8% | 45.9 14.6% | 46.3 14.6% | 60.8 10.9% | 109.6 16.2% | 86.2 10.7% | 107.5 12.1% | 202.6 15.7% | 316.7 15.1% | 320.0 16.6% | 373.3 27.6% | 422.0 17.8% | 441.0 19.8% | 639.8 19.6% | 749.1 20.7% | 664.0 13.8% |
% margin | 53.4 48.9% | 113.9 57.8% | 156.0 57.4% | 165.9 57.1% | 229.0 51.8% | 270.3 48.4% | 273.3 49.3% | 500.3 44.4% | 576.3 44.4% | 722.3 48.3% | 771.9 40.6% | 1,071.7 29.5% | 1,747.9 30.4% | 1,584.5 19.8% | 931.2 9.2% | 1,950.0 22.7% | 1,748.9 16.4% | 2,612.6 19.2% | 3,027.6 21.1% | 4,156.2 28.4% |
| EPS | 0.02 | 0.04 | 0.24 | 0.27 | 0.37 | 0.42 | 0.42 | 0.77 | 0.88 | 1.11 | 1.18 | 1.63 | 2.67 | 2.40 | 1.44 | 3.03 | 2.65 | 3.93 | 4.55 | 6.39 |
| Diluted EPS | 0.02 | 0.04 | 0.23 | 0.25 | 0.35 | 0.42 | 0.42 | 0.77 | 0.88 | 1.11 | 1.18 | 1.62 | 2.64 | 2.39 | 1.43 | 3.00 | 2.61 | 3.88 | 4.50 | 6.39 |
% margin | 60.5 55.4% | 130.6 66.3% | 182.5 67.1% | 171.3 58.9% | 287.6 65.0% | 316.6 56.7% | 375.7 67.7% | 514.1 45.6% | 617.3 47.5% | 733.2 49.1% | 801.6 42.2% | 1,186.2 32.7% | 1,951.5 33.9% | 2,040.1 25.5% | 1,821.9 17.9% | 2,375.0 27.7% | 2,609.2 24.4% | 3,052.1 22.5% | 3,347.5 23.3% | 4,346.7 29.7% |
FAQ
What is the NetEase, Inc. (NTES) revenue?
The NetEase, Inc. (NTES) revenue is $14.6B, reflecting a year-over-year (YoY) growth of +7.2% YoY.
What is the NetEase, Inc. (NTES) Net Income?
The NetEase, Inc. (NTES) Net Income is $4,156.2M, showcasing a YoY growth of +44.6% YoY.
What is NetEase, Inc. (NTES) net debt?
What is the NetEase, Inc. (NTES) Free Cash Flow (FCF)?
The NetEase, Inc. (NTES) Free Cash Flow (FCF) stands at $4,387.8M, accounting for a 30.0% margin.