NetEase, Inc. (HKG:9999)
Hong Kong · Delayed Price · Currency is HKD 181.80
-12.70 (-6.53%)
Oct 22, 2026, 4:08 PM HKT
NetEase Financials Overview
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 116,603 | 112,626 | 105,295 | 103,468 | 96,496 | 87,606 |
Revenue Growth | 6.31% | 6.96% | 1.77% | 7.23% | 10.15% | 18.92% |
Gross Profit Gross Profit Growth | 78,304 | 72,402 | 65,807 | 63,063 | 52,766 | 46,971 |
Operating Income Operating Income Growth | 41,079 | 35,835 | 29,584 | 27,709 | 19,629 | 16,417 |
Net Income Net Income Growth | 32,512 | 33,760 | 29,698 | 29,417 | 20,338 | 16,857 |
Earnings Per Share EPS Growth | 10.08 | 10.48 | 9.19 | 9.05 | 6.17 | 5.01 |
EPS Growth | -5.32% | 14.08% | 1.55% | 46.69% | 23.14% | 39.17% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Games & Related Value-Added Services Games & Related Value-Added Services Growth | 96,030 | 92,149 | 83,623 | 81,565 | 74,566 | 67,819 |
Youdao Youdao Growth | 6,008 | 5,909 | 5,626 | 5,389 | 5,013 | 5,354 |
Cloud Music Cloud Music Growth | 7,891 | 7,759 | 7,950 | 7,867 | 8,992 | 6,998 |
Innovative Businesses & Others Innovative Businesses & Others Growth | 6,674 | 6,809 | 8,097 | 8,647 | 7,924 | 7,435 |
Revenue (Total) Revenue (Total) Growth | 116,603 | 112,626 | 105,295 | 103,468 | 96,496 | 87,606 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 175,393 | 164,240 | 137,672 | 126,803 | 117,528 | 97,621 |
Total Debt Total Debt Growth | 12,604 | 6,730 | 12,817 | 20,483 | 28,462 | 21,694 |
Net Cash (Debt) Net Cash Growth | 162,789 | 157,511 | 124,855 | 106,319 | 89,065 | 75,927 |
Net Cash Growth | 20.22% | 26.16% | 17.43% | 19.37% | 17.30% | 3.69% |
Net Cash Per Share Net Cash Per Share Growth | 50.47 | 48.94 | 38.65 | 32.69 | 27.02 | 22.55 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 51,477 | 50,740 | 39,677 | 35,331 | 27,709 | 24,927 |
Capital Expenditures CapEx Growth | -752.4 | -1,065 | -1,275 | -2,302 | -2,100 | -1,602 |
Free Cash Flow Free Cash Flow Growth | 50,725 | 49,674 | 38,401 | 33,030 | 25,609 | 23,325 |
Free Cash Flow Growth | 12.17% | 29.36% | 16.26% | 28.98% | 9.79% | -2.13% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 67.15% | 64.28% | 62.50% | 60.95% | 54.68% | 53.62% |
Operating Margin | 35.23% | 31.82% | 28.10% | 26.78% | 20.34% | 18.74% |
Pretax Margin | 34.93% | 36.25% | 33.92% | 32.92% | 25.13% | 24.09% |
Profit Margin | 27.88% | 29.98% | 28.20% | 28.43% | 21.08% | 19.24% |
FCF Margin | 43.50% | 44.11% | 36.47% | 31.92% | 26.54% | 26.63% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 22, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 4.666 | 4.162 | 3.774 | 3.637 | 1.913 | 1.487 |
Dividend Per Share Growth | 1.41% | 10.27% | 3.75% | 90.11% | 28.71% | 45.21% |
Dividend Yield | 2.57% | 2.17% | 2.90% | 2.93% | 1.90% | 1.10% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 22, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 15.63 | 18.10 | 13.87 | 13.56 | 15.45 | 24.76 |
Forward PE | 11.26 | 16.02 | 12.23 | 12.65 | 16.14 | 20.25 |
P/FCF Ratio | 9.94 | 12.30 | 10.73 | 12.08 | 12.27 | 17.89 |
PS Ratio | 4.32 | 5.42 | 3.91 | 3.86 | 3.26 | 4.76 |