NetEase Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2000
Revenue	103,468	96,496	87,606	73,667	59,241	Upgrade
Revenue Growth (YoY)	7.23%	10.15%	18.92%	24.35%	15.75%	Upgrade
Cost of Revenue	40,405	43,730	40,635	34,684	27,686	Upgrade
Gross Profit	63,063	52,766	46,971	38,983	31,555	Upgrade
Selling, General & Admin	18,869	18,099	16,478	14,076	9,351	Upgrade
Research & Development	16,485	15,039	14,076	10,369	8,413	Upgrade
Operating Expenses	35,354	33,138	30,554	24,445	17,765	Upgrade
Operating Income	27,709	19,629	16,417	14,538	13,791	Upgrade
Other Expense / Income	-6,407.11	-5,740.85	-4,568.04	-566.2	-10,361.59	Upgrade
Pretax Income	34,116	25,369	20,985	15,105	24,152	Upgrade
Income Tax	4,700	5,032	4,128	3,042	2,915	Upgrade
Net Income	29,417	20,338	16,857	12,063	21,238	Upgrade
Net Income Growth	44.64%	20.65%	39.74%	-43.20%	245.19%	Upgrade
Shares Outstanding (Basic)	3,216	3,263	3,326	3,305	3,220	Upgrade
Shares Outstanding (Diluted)	3,252	3,296	3,367	3,350	3,250	Upgrade
Shares Change	-1.33%	-2.12%	0.53%	3.07%	-0.14%	Upgrade
EPS (Basic)	45.75	31.15	25.35	18.25	32.95	Upgrade
EPS (Diluted)	45.25	30.85	25.05	18.00	32.65	Upgrade
EPS Growth	46.68%	23.15%	39.17%	-44.87%	245.50%	Upgrade
Free Cash Flow	31,066	25,107	21,888	21,615	13,948	Upgrade
Free Cash Flow Per Share	48.29	38.47	32.91	32.70	21.66	Upgrade
Dividend Per Share	1.755	1.522	0.825	0.928	1.960	Upgrade
Dividend Growth	15.31%	84.48%	-11.10%	-52.65%	488.59%	Upgrade
Gross Margin	60.95%	54.68%	53.62%	52.92%	53.27%	Upgrade
Operating Margin	26.78%	20.34%	18.74%	19.74%	23.28%	Upgrade
Profit Margin	28.43%	21.08%	19.24%	16.37%	35.85%	Upgrade
Free Cash Flow Margin	30.02%	26.02%	24.98%	29.34%	23.54%	Upgrade
Effective Tax Rate	13.78%	19.83%	19.67%	20.14%	12.07%	Upgrade
EBITDA	37,172	28,228	24,261	18,562	26,766	Upgrade
EBITDA Margin	35.93%	29.25%	27.69%	25.20%	45.18%	Upgrade
Depreciation & Amortization	3,055	2,858	3,276	3,458	2,614	Upgrade
EBIT	34,116	25,369	20,985	15,105	24,152	Upgrade
EBIT Margin	32.97%	26.29%	23.95%	20.50%	40.77%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).