NTES: Netease Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Netease Inc (NTES).
$57.07B Market Cap.
NTES Market Cap. (MRY)
NTES Shares Outstanding (MRY)
NTES Assets (MRY)
Total Assets
$195.99B
Total Liabilities
$53.50B
Total Investments
$13.79B
NTES Income (MRY)
Revenue
$105.30B
Net Income
$29.70B
Operating Expense
$36.22B
NTES Cash Flow (MRY)
CF Operations
$39.68B
CF Investing
$17.92B
CF Financing
-$27.34B
NTES Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $195,991,550,000 (5.41%) | $185,924,978,000 (7.62%) | $172,760,985,000 (12.44%) | $153,643,924,000 (8.30%) |
Assets Current | $153,324,656,000 (7.45%) | $142,692,585,000 (8.43%) | $131,603,199,000 (16.34%) | $113,120,254,000 (4.91%) |
Assets Non-Current | $42,666,894,000 (-1.31%) | $43,232,393,000 (5.04%) | $41,157,786,000 (1.56%) | $40,523,670,000 (19.03%) |
Goodwill & Intangible Assets | $4,172,465,000 (2.39%) | $4,075,143,000 (-1.13%) | $4,121,767,000 (0.33%) | $4,108,090,000 (-1.68%) |
Shareholders Equity | $138,685,606,000 (11.59%) | $124,285,776,000 (18.67%) | $104,731,317,000 (9.86%) | $95,328,080,000 (16.07%) |
Property Plant & Equipment Net | $8,520,101,000 (-3.45%) | $8,824,319,000 (22.05%) | $7,230,307,000 (11.61%) | $6,478,010,000 (21.70%) |
Cash & Equivalents | $129,911,070,000 (3.88%) | $125,062,142,000 (11.13%) | $112,535,734,000 (27.69%) | $88,129,631,000 (5.86%) |
Accumulated Other Comprehensive Income | $0 (0%) | $616,780,000 (42.84%) | $431,786,000 (152.14%) | -$828,065,000 (-27.31%) |
Deferred Revenue | $15,299,222,000 (14.50%) | $13,362,166,000 (6.74%) | $12,518,890,000 (3.18%) | $12,132,743,000 (16.67%) |
Total Investments | $13,786,351,000 (-49.44%) | $27,269,794,000 (-6.42%) | $29,141,141,000 (-21.05%) | $36,911,620,000 (16.76%) |
Investments Current | $10,756,143,000 (142.47%) | $4,436,057,000 (-41.80%) | $7,622,673,000 (-37.93%) | $12,281,548,000 (-7.47%) |
Investments Non-Current | $3,030,208,000 (-86.73%) | $22,833,737,000 (6.11%) | $21,518,468,000 (-12.63%) | $24,630,072,000 (34.29%) |
Inventory | $571,548,000 (-17.81%) | $695,374,000 (-30.02%) | $993,636,000 (3.00%) | $964,733,000 (63.10%) |
Trade & Non-Trade Receivables | $5,669,027,000 (-11.73%) | $6,422,417,000 (28.37%) | $5,002,872,000 (-9.17%) | $5,507,988,000 (20.36%) |
Trade & Non-Trade Payables | $720,549,000 (-18.21%) | $881,016,000 (-41.54%) | $1,507,141,000 (53.00%) | $985,059,000 (-13.17%) |
Accumulated Retained Earnings (Deficit) | $130,333,397,000 (16.15%) | $112,214,583,000 (23.21%) | $91,074,675,000 (17.52%) | $77,494,475,000 (20.78%) |
Tax Assets | $1,113,435,000 (-28.63%) | $1,560,088,000 (5.36%) | $1,480,789,000 (14.09%) | $1,297,954,000 (19.43%) |
Tax Liabilities | $4,932,302,000 (1.26%) | $4,870,837,000 (-1.38%) | $4,939,216,000 (-16.04%) | $5,882,924,000 (17.75%) |
Total Debt | $12,233,048,000 (-40.28%) | $20,483,482,000 (-28.03%) | $28,462,361,000 (31.20%) | $21,693,979,000 (6.81%) |
Debt Current | $11,805,051,000 (-39.46%) | $19,499,656,000 (-19.21%) | $24,134,757,000 (22.59%) | $19,686,712,000 (-0.75%) |
Debt Non-Current | $427,997,000 (-56.50%) | $983,826,000 (-77.27%) | $4,327,604,000 (115.60%) | $2,007,267,000 (322.69%) |
Total Liabilities | $53,497,412,000 (-7.51%) | $57,840,897,000 (-9.46%) | $63,887,505,000 (17.83%) | $54,220,048,000 (12.77%) |
Liabilities Current | $49,667,657,000 (-7.75%) | $53,842,484,000 (-5.26%) | $56,828,847,000 (12.53%) | $50,501,326,000 (8.04%) |
Liabilities Non-Current | $3,829,755,000 (-4.22%) | $3,998,413,000 (-43.35%) | $7,058,658,000 (89.81%) | $3,718,722,000 (178.10%) |
NTES Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $105,295,236,000 (1.77%) | $103,468,159,000 (7.23%) | $96,495,809,000 (10.15%) | $87,606,026,000 (18.92%) |
Cost of Revenue | $39,488,152,000 (-2.27%) | $40,404,765,000 (-7.60%) | $43,729,683,000 (7.62%) | $40,635,225,000 (17.16%) |
Selling General & Administrative Expense | $18,698,282,000 (-0.91%) | $18,869,340,000 (4.26%) | $18,098,519,000 (9.84%) | $16,477,740,000 (17.07%) |
Research & Development Expense | $17,524,812,000 (6.31%) | $16,484,910,000 (9.61%) | $15,039,014,000 (6.84%) | $14,075,991,000 (35.75%) |
Operating Expenses | $36,223,094,000 (2.46%) | $35,354,250,000 (6.69%) | $33,137,533,000 (8.46%) | $30,553,731,000 (24.99%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $5,461,408,000 (16.21%) | $4,699,704,000 (-6.60%) | $5,031,838,000 (21.89%) | $4,128,269,000 (35.72%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $30,256,347,000 (3.06%) | $29,357,223,000 (47.95%) | $19,843,290,000 (16.89%) | $16,976,190,000 (37.68%) |
Net Income to Non-Controlling Interests | $558,738,000 (1041.76%) | -$59,329,000 (88.00%) | -$494,310,000 (-514.18%) | $119,348,000 (-55.38%) |
Net Income | $29,697,609,000 (0.96%) | $29,416,552,000 (44.64%) | $20,337,600,000 (20.65%) | $16,856,842,000 (39.74%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $29,697,609,000 (0.96%) | $29,416,552,000 (44.64%) | $20,337,600,000 (20.65%) | $16,856,842,000 (39.74%) |
Weighted Average Shares | $3,200,453,000 (-0.50%) | $3,216,475,000 (-1.44%) | $3,263,455,000 (-1.88%) | $3,325,864,000 (0.62%) |
Weighted Average Shares Diluted | $3,230,602,000 (-0.66%) | $3,252,029,000 (-1.33%) | $3,296,014,000 (-2.12%) | $3,367,478,000 (0.53%) |
Earning Before Interest & Taxes (EBIT) | $35,159,017,000 (3.06%) | $34,116,256,000 (34.48%) | $25,369,438,000 (20.89%) | $20,985,111,000 (38.93%) |
Gross Profit | $65,807,084,000 (4.35%) | $63,063,394,000 (19.51%) | $52,766,126,000 (12.34%) | $46,970,801,000 (20.49%) |
Operating Income | $29,583,990,000 (6.77%) | $27,709,144,000 (41.17%) | $19,628,593,000 (19.56%) | $16,417,070,000 (12.92%) |
NTES Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $17,916,402,000 (205.12%) | -$17,043,431,000 (-131.26%) | -$7,369,727,000 (-4.12%) | -$7,078,294,000 (75.75%) |
Net Cash Flow from Financing | -$27,335,702,000 (-27.34%) | -$21,467,054,000 (-109.69%) | -$10,237,699,000 (18.66%) | -$12,585,569,000 (-226.96%) |
Net Cash Flow from Operations | $39,676,813,000 (12.30%) | $35,331,275,000 (27.51%) | $27,709,233,000 (11.16%) | $24,926,727,000 (0.15%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $30,268,265,000 (995.07%) | -$3,381,667,000 (-133.11%) | $10,212,210,000 (96.11%) | $5,207,510,000 (-9.76%) |
Net Cash Flow - Business Acquisitions and Disposals | $2,232,956,000 (199.93%) | -$2,234,565,000 (-11.02%) | -$2,012,703,000 (53.21%) | -$4,301,681,000 (-221.03%) |
Net Cash Flow - Investment Acquisitions and Disposals | $18,281,933,000 (280.66%) | -$10,119,363,000 (-316.22%) | -$2,431,228,000 (-558.27%) | $530,523,000 (102.17%) |
Capital Expenditure | -$2,191,855,000 (48.62%) | -$4,265,575,000 (-63.93%) | -$2,602,017,000 (14.36%) | -$3,038,485,000 (7.16%) |
Issuance (Repayment) of Debt Securities | -$7,476,255,000 (9.98%) | -$8,305,016,000 (-271.41%) | $4,845,013,000 (183.63%) | $1,708,244,000 (-57.73%) |
Issuance (Purchase) of Equity Shares | -$8,830,115,000 (-68.70%) | -$5,234,294,000 (37.15%) | -$8,328,124,000 (35.56%) | -$12,924,333,000 (-224.02%) |
Payment of Dividends & Other Cash Distributions | -$11,165,338,000 (-39.32%) | -$8,013,903,000 (-19.19%) | -$6,723,667,000 (-91.65%) | -$3,508,377,000 (18.04%) |
Effect of Exchange Rate Changes on Cash | $10,752,000 (105.31%) | -$202,457,000 (-283.38%) | $110,403,000 (299.45%) | -$55,354,000 (-134.19%) |
Share Based Compensation | $3,882,939,000 (19.74%) | $3,242,810,000 (2.16%) | $3,174,160,000 (4.36%) | $3,041,492,000 (14.19%) |
Depreciation Amortization & Accretion | $2,417,894,000 (-20.86%) | $3,055,260,000 (6.89%) | $2,858,209,000 (-12.75%) | $3,275,727,000 (-5.27%) |
NTES Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 62.50% (2.63%) | 60.90% (11.33%) | 54.70% (2.05%) | 53.60% (1.32%) |
Profit Margin | 28.20% (-0.70%) | 28.40% (34.60%) | 21.10% (9.90%) | 19.20% (17.07%) |
EBITDA Margin | 35.70% (-0.56%) | 35.90% (22.53%) | 29.30% (5.78%) | 27.70% (9.92%) |
Return on Average Equity (ROAE) | 22.50% (-10.71%) | 25.20% (26.63%) | 19.90% (3.65%) | 19.20% (25.49%) |
Return on Average Assets (ROAA) | 15.60% (-6.59%) | 16.70% (38.02%) | 12.10% (9.01%) | 11.10% (26.14%) |
Return on Sales (ROS) | 33.40% (1.21%) | 33.00% (25.48%) | 26.30% (9.58%) | 24.00% (17.07%) |
Return on Invested Capital (ROIC) | 129.60% (10.77%) | 117.00% (45.70%) | 80.30% (20.93%) | 66.40% (35.51%) |
Dividend Yield | 2.70% (42.11%) | 1.90% (-9.52%) | 2.10% (162.50%) | 0.80% (-20.00%) |
Price to Earnings Ratio (P/E) | 14.04 (-2.78%) | 14.44 (-11.16%) | 16.25 (-36.76%) | 25.7 (-25.13%) |
Price to Sales Ratio (P/S) | 3.96 (-3.60%) | 4.11 (19.95%) | 3.42 (-30.77%) | 4.95 (-12.01%) |
Price to Book Ratio (P/B) | 3 (-13.38%) | 3.47 (9.96%) | 3.15 (-30.61%) | 4.54 (-11.95%) |
Debt to Equity Ratio (D/E) | 0.39 (-16.99%) | 0.47 (-23.77%) | 0.61 (7.21%) | 0.57 (-2.74%) |
Earnings Per Share (EPS) | 46.4 (1.42%) | 45.75 (46.87%) | 31.15 (22.88%) | 25.35 (38.90%) |
Sales Per Share (SPS) | 22.53 (-0.67%) | 22.69 (6.95%) | 21.21 (3.07%) | 20.58 (20.78%) |
Free Cash Flow Per Share (FCFPS) | 58.56 (21.27%) | 48.29 (25.54%) | 38.47 (16.90%) | 32.91 (0.64%) |
Book Value Per Share (BVPS) | 216.67 (12.14%) | 193.2 (20.40%) | 160.46 (11.97%) | 143.31 (15.36%) |
Tangible Assets Book Value Per Share (TABVPS) | 299.68 (6.01%) | 282.69 (9.41%) | 258.38 (14.93%) | 224.81 (7.93%) |
Enterprise Value Over EBIT (EV/EBIT) | 9 (-10.00%) | 10 (0.00%) | 10 (-44.44%) | 18 (-25.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 8.29 (-9.48%) | 9.15 (2.67%) | 8.92 (-41.18%) | 15.16 (-21.37%) |
Asset Turnover | 0.56 (-5.61%) | 0.59 (2.44%) | 0.57 (-0.69%) | 0.58 (7.84%) |
Current Ratio | 3.09 (16.49%) | 2.65 (14.42%) | 2.32 (3.39%) | 2.24 (-2.90%) |
Dividends | $2.44 (39.32%) | $1.75 (15.31%) | $1.52 (84.48%) | $0.82 (-11.10%) |
Free Cash Flow (FCF) | $37,484,958,000 (20.66%) | $31,065,700,000 (23.73%) | $25,107,216,000 (14.71%) | $21,888,242,000 (1.26%) |
Enterprise Value (EV) | $42,655,848,487 (-11.13%) | $47,997,812,824 (32.91%) | $36,111,672,651 (-37.16%) | $57,463,410,833 (5.01%) |
Earnings Before Tax (EBT) | $35,159,017,000 (3.06%) | $34,116,256,000 (34.48%) | $25,369,438,000 (20.89%) | $20,985,111,000 (38.93%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $37,576,911,000 (1.09%) | $37,171,516,000 (31.68%) | $28,227,647,000 (16.35%) | $24,260,838,000 (30.70%) |
Invested Capital | $24,473,406,000 (4.46%) | $23,428,691,000 (-15.53%) | $27,736,998,000 (-14.91%) | $32,598,856,000 (16.36%) |
Working Capital | $103,656,999,000 (16.67%) | $88,850,101,000 (18.82%) | $74,774,352,000 (19.41%) | $62,618,928,000 (2.51%) |
Tangible Asset Value | $191,819,085,000 (5.48%) | $181,849,835,000 (7.83%) | $168,639,218,000 (12.78%) | $149,535,834,000 (8.60%) |
Market Capitalization | $57,070,241,932 (-6.13%) | $60,796,011,048 (28.27%) | $47,398,178,214 (-29.99%) | $67,701,857,552 (4.45%) |
Average Equity | $132,255,357,750 (13.24%) | $116,792,858,000 (14.34%) | $102,149,592,000 (16.43%) | $87,737,671,000 (11.14%) |
Average Assets | $189,823,829,250 (7.91%) | $175,911,787,250 (4.57%) | $168,224,087,750 (10.89%) | $151,698,281,750 (10.44%) |
Invested Capital Average | $27,120,899,750 (-6.99%) | $29,158,669,000 (-7.67%) | $31,580,408,000 (-0.01%) | $31,583,809,750 (2.44%) |
Shares | 3,198,646,000 (-1.97%) | 3,262,989,000 (0.00%) | 3,262,989,000 (-1.89%) | 3,325,892,000 (-1.72%) |
