NetEase Financial Statements From 2010 to 2024

NTES Stock  USD 94.02  0.95  1.02%   
NetEase financial statements provide useful quarterly and yearly information to potential NetEase investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on NetEase financial statements helps investors assess NetEase's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting NetEase's valuation are summarized below:
Gross Profit
52.8 B
Profit Margin
0.2843
Market Capitalization
60 B
Enterprise Value Revenue
0.4579
Revenue
103.5 B
There are over one hundred nineteen available fundamental ratios for NetEase, which can be analyzed over time and compared to other ratios. All traders should check NetEase's last-minute fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 451.3 B in 2024. Working Capital is likely to gain to about 1.6 B in 2024

NetEase Total Revenue

108.64 Billion

Check NetEase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NetEase main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 B, Interest Expense of 1.3 B or Selling General Administrative of 5.1 B, as well as many exotic indicators such as Price To Sales Ratio of 3.95, Dividend Yield of 0.0113 or PTB Ratio of 3.29. NetEase financial statements analysis is a perfect complement when working with NetEase Valuation or Volatility modules.
  
This module can also supplement NetEase's financial leverage analysis and stock options assessment as well as various NetEase Technical models . Check out the analysis of NetEase Correlation against competitors.
For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.

NetEase Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets195.2 B185.9 B87.2 B
Slightly volatile
Other Current Liabilities35.4 B33.7 B11.3 B
Slightly volatile
Total Current Liabilities56.5 B53.8 B27.3 B
Slightly volatile
Total Stockholder Equity130.5 B124.3 B55.3 B
Slightly volatile
Property Plant And Equipment Net8.5 B8.1 B3.7 B
Slightly volatile
Accounts Payable635.6 M881 M946.8 M
Slightly volatile
Cash22.5 B21.4 B8.2 B
Slightly volatile
Non Current Assets Total45.4 B43.2 B18.7 B
Slightly volatile
Cash And Short Term Investments133.1 B126.7 B57.1 B
Slightly volatile
Net Receivables6.7 B6.4 B3.3 B
Slightly volatile
Common Stock Total Equity2.9 MM2.6 M
Slightly volatile
Common Stock Shares Outstanding924.1 M650.4 M750.5 M
Slightly volatile
Liabilities And Stockholders Equity195.2 B185.9 B87.2 B
Slightly volatile
Other Current Assets9.3 B8.9 B2.3 B
Slightly volatile
Other Stockholder Equity8.1 B11.9 B5.5 B
Slightly volatile
Total Liabilities60.7 B57.8 B30.6 B
Slightly volatile
Total Current Assets149.8 B142.7 B68.5 B
Slightly volatile
Common Stock130.5 B124.3 B17 B
Slightly volatile
Short and Long Term Debt Total20.7 B19.7 B10.4 B
Slightly volatile
Current Deferred Revenue15.1 B14.4 BB
Slightly volatile
Non Currrent Assets Other31.5 B30 B11 B
Slightly volatile
Other Assets33.5 B31.9 B9.9 B
Slightly volatile
Short Term Investments110.6 B105.3 B48.9 B
Slightly volatile
Inventory1.2 B695.4 M1.9 B
Pretty Stable
Short Term Debt20.2 B19.2 B10 B
Slightly volatile
Property Plant Equipment7.7 B7.3 B3.3 B
Slightly volatile
Other Liabilities4.1 B3.9 B1.1 B
Slightly volatile
Non Current Liabilities Total2.6 BB3.3 B
Slightly volatile
Intangible Assets4.3 B4.1 BB
Slightly volatile
Net Tangible Assets121.5 B115.7 B52.4 B
Slightly volatile
Long Term Investments4.4 B3.4 B3.3 B
Slightly volatile
Net Invested Capital98.9 B152.1 B77.1 B
Slightly volatile
Net Working Capital58.1 B86 B48.6 B
Slightly volatile
Capital StockM3.1 M2.7 M
Slightly volatile

NetEase Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization3.2 B3.1 B1.3 B
Slightly volatile
Selling General Administrative5.1 B4.9 B2.3 B
Slightly volatile
Total Revenue108.6 B103.5 B49.9 B
Slightly volatile
Gross Profit66.2 B63.1 B27.6 B
Slightly volatile
Other Operating Expenses78.6 B74.8 B37.9 B
Slightly volatile
Research Development17.3 B16.5 B6.8 B
Slightly volatile
Cost Of Revenue42.4 B40.4 B22.2 B
Slightly volatile
Total Operating Expenses36.2 B34.4 B15.7 B
Slightly volatile
Total Other Income Expense Net6.7 B6.3 B1.8 B
Slightly volatile
Income Tax Expense4.9 B4.7 B2.3 B
Slightly volatile
Net Income Applicable To Common Shares24.6 B23.4 B10.4 B
Slightly volatile
Selling And Marketing Expenses14.7 B14 B6.7 B
Slightly volatile
Net Income From Continuing Ops27.8 B26.5 B11.2 B
Slightly volatile
Tax Provision3.4 B4.6 B2.5 B
Slightly volatile
Interest Income3.7 B3.5 B1.3 B
Slightly volatile
Net Interest Income3.7 B3.5 B1.2 B
Slightly volatile
Reconciled Depreciation2.9 B3.2 B1.8 B
Slightly volatile

NetEase Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow29 B27.6 B8.8 B
Slightly volatile
Depreciation3.2 B3.1 B1.5 B
Slightly volatile
Capital Expenditures1.3 B2.3 B1.9 B
Slightly volatile
End Period Cash Flow25.4 B24.2 B9.7 B
Slightly volatile
Stock Based Compensation3.4 B3.2 B1.7 B
Slightly volatile
Dividends Paid8.4 BB3.4 B
Slightly volatile
Net Borrowings2.9 B5.6 B2.5 B
Slightly volatile
Issuance Of Capital Stock26.5 B25.2 B7.8 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.954.154242.3899
Slightly volatile
Dividend Yield0.01130.01860.0122
Slightly volatile
PTB Ratio3.293.45848.1279
Slightly volatile
Days Sales Outstanding32.6822.656134.7518
Slightly volatile
Book Value Per Share20119184.5763
Slightly volatile
Invested Capital0.220.15820.1585
Slightly volatile
Average Payables7.7 M13.5 M13.8 M
Very volatile
Stock Based Compensation To Revenue0.04990.03130.0319
Slightly volatile
PB Ratio3.293.45848.1279
Slightly volatile
EV To Sales3.934.137241.8783
Slightly volatile
Inventory Turnover10958.105126.1277
Slightly volatile
Days Of Inventory On Hand5.976.2817215
Slightly volatile
Payables Turnover48.1545.861622.2481
Slightly volatile
Sales General And Administrative To Revenue0.05830.04740.0482
Very volatile
Research And Ddevelopement To Revenue0.130.15930.1328
Very volatile
Cash Per Share20519587.2987
Slightly volatile
Payout Ratio0.220.27240.2432
Slightly volatile
Days Payables Outstanding7.567.958722.3836
Slightly volatile
Net Current Asset Value442.7 M744.5 M749.4 M
Pretty Stable
Income Quality1.621.20111.3222
Slightly volatile
Tangible Asset Value478.8 M793.1 M798.8 M
Pretty Stable
Intangibles To Total Assets0.01210.02190.0147
Slightly volatile
Current Ratio2.522.65024.1781
Slightly volatile
Tangible Book Value Per Share20019183.2406
Slightly volatile
Receivables Turnover20.3616.110516.7137
Very volatile
Graham Number463441183
Slightly volatile
Shareholders Equity Per Share20119184.5763
Slightly volatile
Debt To Equity0.220.15820.1585
Slightly volatile
Graham Net Net12011445.6235
Slightly volatile
Average Receivables177 M168.6 M173.2 M
Slightly volatile
Revenue Per Share16715976.2586
Slightly volatile
Interest Debt Per Share31.7730.254516.609
Slightly volatile
Debt To Assets0.130.10580.1001
Slightly volatile
Operating Cycle27.4928.9378144
Slightly volatile
Price Book Value Ratio3.293.45848.1279
Slightly volatile
Days Of Payables Outstanding7.567.958722.3836
Slightly volatile
Dividend Payout Ratio0.220.27240.2432
Slightly volatile
Ebt Per Ebit1.311.22911.1486
Slightly volatile
Company Equity Multiplier1.151.49591.4553
Slightly volatile
Long Term Debt To Capitalization0.00330.00340.039
Slightly volatile
Total Debt To Capitalization0.170.13660.1314
Slightly volatile
Debt Equity Ratio0.220.15820.1585
Slightly volatile
Quick Ratio2.352.47283.4358
Slightly volatile
Net Income Per E B T0.970.86370.851
Pretty Stable
Cash Ratio0.380.3981.3522
Slightly volatile
Cash Conversion Cycle19.9320.9791122
Slightly volatile
Days Of Inventory Outstanding5.976.2817215
Slightly volatile
Days Of Sales Outstanding32.6822.656134.7518
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.010.93490.9215
Slightly volatile
Price To Book Ratio3.293.45848.1279
Slightly volatile
Fixed Asset Turnover8.3912.813311.6688
Slightly volatile
Debt Ratio0.130.10580.1001
Slightly volatile
Price Sales Ratio3.954.154242.3899
Slightly volatile
Asset Turnover0.360.55650.507
Slightly volatile
Gross Profit Margin0.460.60950.5581
Pretty Stable
Price Fair Value3.293.45848.1279
Slightly volatile

NetEase Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap451.3 B429.8 B227.2 B
Slightly volatile
Working Capital1.6 B1.5 B1.5 B
Slightly volatile
Enterprise Value449.5 B428.1 B229.3 B
Slightly volatile

NetEase Fundamental Market Drivers

Forward Price Earnings12.3153
Cash And Short Term Investments126.7 B

NetEase Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
23rd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About NetEase Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NetEase income statement, its balance sheet, and the statement of cash flows. NetEase investors use historical funamental indicators, such as NetEase's revenue or net income, to determine how well the company is positioned to perform in the future. Although NetEase investors may use each financial statement separately, they are all related. The changes in NetEase's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NetEase's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NetEase Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NetEase. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue14.4 B15.1 B
Total Revenue103.5 B108.6 B
Cost Of Revenue40.4 B42.4 B
Stock Based Compensation To Revenue 0.03  0.05 
Sales General And Administrative To Revenue 0.05  0.06 
Research And Ddevelopement To Revenue 0.16  0.13 
Capex To Revenue(0.02)(0.02)
Revenue Per Share 159.16  167.12 
Ebit Per Revenue 0.27  0.28 

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When determining whether NetEase is a strong investment it is important to analyze NetEase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NetEase's future performance. For an informed investment choice regarding NetEase Stock, refer to the following important reports:
Check out the analysis of NetEase Correlation against competitors.
For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.
Note that the NetEase information on this page should be used as a complementary analysis to other NetEase's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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Is NetEase's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetEase. If investors know NetEase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetEase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.674
Dividend Share
18.187
Earnings Share
6.25
Revenue Per Share
160.841
Quarterly Revenue Growth
0.07
The market value of NetEase is measured differently than its book value, which is the value of NetEase that is recorded on the company's balance sheet. Investors also form their own opinion of NetEase's value that differs from its market value or its book value, called intrinsic value, which is NetEase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetEase's market value can be influenced by many factors that don't directly affect NetEase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetEase's value and its price as these two are different measures arrived at by different means. Investors typically determine if NetEase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetEase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.