NetEase, Inc. (HKG:9999)
Hong Kong · Delayed Price · Currency is HKD 190.50
-5.00 (-2.56%)
Jun 18, 2026, 4:08 PM HKT
NetEase Cash Flow Statement
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 | Mar '26 Mar 31, 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 |
Net Income | 34,133 | 33,760 | 29,698 | 29,417 | 20,338 | 16,857 |
Depreciation & Amortization | 2,197 | 2,247 | 2,418 | 3,055 | 2,858 | 3,276 |
Loss (Gain) From Sale of Assets | -51.14 | -30.29 | -4.76 | 5.68 | 3.62 | 54.05 |
Loss (Gain) From Sale of Investments | 680.82 | 15.71 | -353.3 | -544.15 | 1,271 | -1,198 |
Loss (Gain) on Equity Investments | 1,999 | 1,538 | 155.57 | -473.95 | -1,260 | -1,573 |
Stock-Based Compensation | 3,312 | 3,648 | 3,883 | 3,243 | 3,174 | 3,041 |
Provision & Write-off of Bad Debts | 357.46 | 367.51 | 68.93 | 61.15 | 61.39 | 265.93 |
Other Operating Activities | 1,275 | 472.77 | 160.3 | 192.04 | -1,609 | 1,016 |
Change in Accounts Receivable | 164.2 | 264.07 | 716.38 | -1,470 | 554.34 | -1,187 |
Change in Inventory | -28.31 | -117.63 | 123.78 | 296.76 | -27.61 | -343.59 |
Change in Accounts Payable | 210.91 | -71.62 | 91.14 | -559.42 | 447.67 | -155.26 |
Change in Unearned Revenue | 4,293 | 5,435 | 2,022 | 1,162 | 385.4 | 1,351 |
Change in Income Taxes | 1,212 | 1,113 | 187.79 | -244.26 | -917.61 | 255.06 |
Change in Other Net Operating Assets | 2,611 | 2,099 | 510.34 | 1,191 | 3,055 | 3,267 |
Operating Cash Flow | 52,366 | 50,740 | 39,677 | 35,331 | 27,709 | 24,927 |
Operating Cash Flow Growth | 24.01% | 27.88% | 12.30% | 27.51% | 11.16% | 0.15% |
Capital Expenditures | -923.45 | -1,065 | -1,275 | -2,302 | -2,100 | -1,602 |
Sale of Property, Plant & Equipment | 46.22 | 45.89 | 14.53 | 10.3 | 41.47 | 71.52 |
Sale (Purchase) of Intangibles | -978.34 | -987.09 | -930.99 | -1,974 | -543.22 | -1,508 |
Investment in Securities | -26,355 | -31,214 | 20,515 | -12,354 | -4,444 | -3,771 |
Other Investing Activities | 106.23 | 39.64 | -406.63 | -423.93 | -323.78 | -268.65 |
Investing Cash Flow | -28,104 | -33,181 | 17,916 | -17,043 | -7,370 | -7,078 |
Short-Term Debt Issued | - | 243.64 | - | - | - | - |
Long-Term Debt Issued | - | 5,553 | 13,920 | 13,569 | 6,393 | 4,448 |
Total Debt Issued | 10,366 | 5,796 | 13,920 | 13,569 | 6,393 | 4,448 |
Short-Term Debt Repaid | - | - | -6,657 | -13,655 | -1,274 | -442.21 |
Long-Term Debt Repaid | - | -11,595 | -14,739 | -8,219 | -273.64 | -2,297 |
Total Debt Repaid | -9,026 | -11,595 | -21,396 | -21,874 | -1,548 | -2,739 |
Net Debt Issued (Repaid) | 1,340 | -5,799 | -7,476 | -8,305 | 4,845 | 1,708 |
Repurchase of Common Stock | -1,650 | -639.34 | -8,830 | -5,234 | -8,328 | -12,911 |
Common Dividends Paid | -13,397 | -13,826 | -11,165 | -8,014 | -6,724 | -3,508 |
Other Financing Activities | 37.87 | 103.81 | 136.01 | 86.16 | -30.92 | 2,125 |
Financing Cash Flow | -13,669 | -20,160 | -27,336 | -21,467 | -10,238 | -12,586 |
Foreign Exchange Rate Adjustments | -666.35 | -382.45 | 10.75 | -202.46 | 110.4 | -55.35 |
Net Cash Flow | 9,926 | -2,984 | 30,268 | -3,382 | 10,212 | 5,208 |
Free Cash Flow | 51,443 | 49,674 | 38,401 | 33,030 | 25,609 | 23,325 |
Free Cash Flow Growth | 25.74% | 29.36% | 16.26% | 28.98% | 9.79% | -2.13% |
Free Cash Flow Margin | 44.97% | 44.11% | 36.47% | 31.92% | 26.54% | 26.63% |
Free Cash Flow Per Share | 15.96 | 15.44 | 11.89 | 10.16 | 7.77 | 6.93 |
Cash Interest Paid | 368.88 | 387.98 | 489.62 | 779.87 | 588.38 | 187.63 |
Cash Income Tax Paid | 6,685 | 6,427 | 5,190 | 4,896 | 5,092 | 3,547 |
Levered Free Cash Flow | 34,149 | 33,488 | 25,796 | 19,175 | 18,960 | 16,174 |
Unlevered Free Cash Flow | 34,358 | 33,697 | 26,170 | 19,175 | 18,960 | 16,174 |
Change in Working Capital | 8,463 | 8,721 | 3,652 | 375.88 | 3,497 | 3,188 |