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	2017	2016	2015	2014	2013 - 2000
Revenue	103,468	96,496	87,606	73,667	59,241	51,179	44,437	38,179	22,803	11,713	Upgrade
Revenue Growth (YoY)	7.23%	10.15%	18.92%	24.35%	15.75%	15.17%	16.39%	67.43%	94.68%	27.37%	Upgrade
Cost of Revenue	40,405	43,730	40,635	34,684	27,686	23,832	19,394	16,515	9,399	3,262	Upgrade
Gross Profit	63,063	52,766	46,971	38,983	31,555	27,346	25,043	21,664	13,404	8,451	Upgrade
Selling, General & Admin	18,869	18,099	16,478	14,076	9,351	9,990	7,886	5,988	3,973	2,363	Upgrade
Research & Development	16,485	15,039	14,076	10,369	8,413	7,378	4,162	3,047	2,159	1,323	Upgrade
Operating Expenses	35,354	33,138	30,554	24,445	17,765	17,369	12,048	9,035	6,132	3,686	Upgrade
Operating Income	27,709	19,629	16,417	14,538	13,791	9,977	12,995	12,629	7,272	4,765	Upgrade
Other Expense / Income	-6,407.11	-5,740.85	-4,568.04	-566.2	-10,361.59	1,364	130.99	-1,078.15	-736.39	-654.23	Upgrade
Pretax Income	34,116	25,369	20,985	15,105	24,152	8,613	12,864	13,707	8,009	5,419	Upgrade
Income Tax	4,700	5,032	4,128	3,042	2,915	2,461	2,156	2,102	1,273	662.74	Upgrade
Net Income	29,417	20,338	16,857	12,063	21,238	6,152	10,708	11,605	6,735	4,757	Upgrade
Net Income Growth	44.64%	20.65%	39.74%	-43.20%	245.19%	-42.54%	-7.73%	72.30%	41.59%	7.04%	Upgrade
Shares Outstanding (Basic)	3,216	3,263	3,326	3,305	3,220	3,235	3,290	3,282	3,284	3,264	Upgrade
Shares Outstanding (Diluted)	3,252	3,296	3,367	3,350	3,250	3,255	3,315	3,307	3,305	3,277	Upgrade
Shares Change	-1.33%	-2.12%	0.53%	3.07%	-0.14%	-1.83%	0.25%	0.06%	0.86%	0.64%	Upgrade
EPS (Basic)	45.75	31.15	25.35	18.25	32.95	9.50	16.25	17.70	10.25	7.30	Upgrade
EPS (Diluted)	45.25	30.85	25.05	18.00	32.65	9.45	16.15	17.55	10.20	7.25	Upgrade
EPS Growth	46.68%	23.15%	39.17%	-44.87%	245.50%	-41.49%	-7.98%	72.06%	40.69%	6.62%	Upgrade
Free Cash Flow	31,066	25,107	21,888	21,615	13,948	9,512	9,448	14,350	7,212	5,323	Upgrade
Free Cash Flow Per Share	48.29	38.47	32.91	32.70	21.66	14.70	14.36	21.86	10.98	8.15	Upgrade
Dividend Per Share	1.755	1.522	0.825	0.928	1.960	0.333	0.728	0.586	0.355	0.496	Upgrade
Dividend Growth	15.31%	84.48%	-11.10%	-52.65%	488.59%	-54.26%	24.23%	65.07%	-28.43%	148.00%	Upgrade
Gross Margin	60.95%	54.68%	53.62%	52.92%	53.27%	53.43%	56.36%	56.74%	58.78%	72.15%	Upgrade
Operating Margin	26.78%	20.34%	18.74%	19.74%	23.28%	19.50%	29.24%	33.08%	31.89%	40.68%	Upgrade
Profit Margin	28.43%	21.08%	19.24%	16.37%	35.85%	12.02%	24.10%	30.40%	29.54%	40.61%	Upgrade
Free Cash Flow Margin	30.02%	26.02%	24.98%	29.34%	23.54%	18.59%	21.26%	37.59%	31.63%	45.45%	Upgrade
Effective Tax Rate	13.78%	19.83%	19.67%	20.14%	12.07%	28.57%	16.76%	15.34%	15.90%	12.23%	Upgrade
EBITDA	37,172	28,228	24,261	18,562	26,766	10,673	13,656	14,035	8,191	5,594	Upgrade
EBITDA Margin	35.93%	29.25%	27.69%	25.20%	45.18%	20.85%	30.73%	36.76%	35.92%	47.76%	Upgrade
Depreciation & Amortization	3,055	2,858	3,276	3,458	2,614	2,060	791.78	327.52	182.45	174.46	Upgrade
EBIT	34,116	25,369	20,985	15,105	24,152	8,613	12,864	13,707	8,009	5,419	Upgrade
EBIT Margin	32.97%	26.29%	23.95%	20.50%	40.77%	16.83%	28.95%	35.90%	35.12%	46.27%	Upgrade

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