NetEase Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Quarter	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021	Jun '21 Jun 30, 2021
Cash & Equivalents	50,815	47,168	31,327	54,431	41,749	51,383	20,184	18,982	43,027	21,429	15,117	12,766	13,701	24,889	17,999	16,462	9,852	14,498	22,267	9,936
Short-Term Investments	120,089	115,443	117,766	92,258	98,366	86,198	103,803	103,874	91,569	105,292	95,710	97,042	106,744	92,570	98,236	95,083	92,649	83,036	69,067	90,947
Cash & Short-Term Investments	170,904	162,611	149,093	146,689	140,115	137,581	123,987	122,856	134,596	126,721	110,827	109,808	120,445	117,459	116,235	111,545	102,501	97,535	91,333	100,883
Cash Growth	21.97%	18.19%	20.25%	19.40%	4.10%	8.57%	11.87%	11.88%	11.75%	7.89%	-4.65%	-1.56%	17.51%	20.43%	27.27%	10.57%	3.01%	4.35%	-7.18%	4.90%
Accounts Receivable	6,493	5,338	5,962	5,776	6,742	5,669	6,173	6,365	7,768	6,422	6,492	5,343	6,092	5,003	5,208	5,213	5,277	5,508	5,422	4,453
Inventory	546.03	689.18	637.33	591.76	517.79	571.55	613.69	574.44	603.98	695.37	721.96	806.96	876.3	993.64	932.91	843.77	861.31	964.73	1,039	884.31
Other Current Assets	10,716	11,978	15,517	9,893	10,296	9,503	9,805	8,358	8,825	8,854	9,524	8,266	8,135	8,147	9,216	10,407	10,434	9,113	11,149	9,739
Total Current Assets	188,659	180,615	171,210	162,950	157,671	153,325	140,579	138,153	151,792	142,693	127,565	124,224	135,547	131,603	131,592	128,009	119,074	113,120	108,944	115,959
Net Property, Plant & Equipment	8,311	8,746	8,517	8,447	8,454	9,061	8,200	8,092	8,057	8,824	7,582	7,347	6,618	7,230	6,165	6,022	5,842	6,478	4,957	4,694
Other Intangible Assets	4,015	4,047	4,079	4,111	4,141	4,172	4,205	4,022	4,049	4,075	4,110	4,147	4,122	4,122	4,135	4,157	4,150	4,108	4,113	4,135
Long-Term Investments	3,045	21,458	2,845	2,935	3,025	23,231	4,025	3,940	1,050	22,833	2,221	2,682	2,732	21,518	4,474	4,474	4,474	24,629	6,953	7,100
Other Long-Term Assets	27,367	6,549	27,838	30,055	27,567	6,202	27,887	29,135	30,117	7,500	30,097	29,505	29,222	8,288	26,342	25,518	25,709	5,309	22,822	22,969
Total Assets	231,397	221,415	214,489	208,499	200,858	195,992	184,896	183,343	195,065	185,925	171,575	167,906	178,241	172,761	172,708	168,180	159,248	153,644	147,788	154,857
Accounts Payable	780.92	643.16	718.39	695.41	565.14	720.55	755.37	792	871.43	881.02	863.33	740.61	831.12	1,507	867.3	942.07	924.57	985.06	1,099	889.72
Accrued Expenses	23,889	24,714	22,547	21,514	21,000	21,671	18,819	18,333	19,424	20,100	17,596	16,773	16,959	18,668	16,814	16,159	16,109	17,697	14,725	14,899
Short-Term Debt	10,956	6,384	7,350	11,276	9,824	11,805	10,594	13,187	24,843	19,240	11,221	11,882	27,393	23,876	25,446	28,027	22,680	19,352	19,614	27,188
Current Portion of Leases	-	113.21	-	-	-	171.61	-	-	-	259.49	-	-	-	259.05	-	-	-	334.4	-	-
Unearned Revenue	21,812	20,515	19,474	16,967	17,749	15,299	15,543	13,616	14,911	13,362	14,189	12,944	12,998	12,519	13,902	12,317	12,051	12,133	13,571	11,365
Total Current Liabilities	57,437	52,369	50,089	50,452	49,138	49,668	45,712	45,928	60,049	53,843	43,869	42,339	58,181	56,829	57,029	57,445	51,764	50,501	49,008	54,342
Long-Term Debt	-	-	-	-	-	428	428	428	428	428	428	3,954	3,730	3,655	3,550	3,356	3,174	1,275	-	-
Long-Term Leases	-	232.11	-	-	-	412.6	-	-	-	555.83	-	-	-	672.64	-	-	-	732.13	-	-
Other Long-Term Liabilities	4,610	3,710	3,468	3,943	3,851	2,989	3,028	2,641	3,949	3,015	3,333	3,347	3,657	2,731	2,480	2,472	2,535	1,711	2,330	2,000
Total Long-Term Liabilities	4,610	3,942	3,468	3,943	3,851	3,830	3,456	3,069	4,377	3,998	3,761	7,301	7,387	7,059	6,030	5,828	5,709	3,719	2,330	2,000
Total Liabilities	62,048	56,311	53,557	54,395	52,989	53,497	49,168	48,997	64,426	57,841	47,630	49,640	65,568	63,888	63,059	63,273	57,474	54,220	51,338	56,342
Common Stock	-	2.63	-	-	-	2.63	-	-	-	2.71	-	-	-	2.71	-	-	-	2.79	-	-
Treasury Stock	-	-1,519	-	-	-	-4,473	-	-	-	-12,694	-	-	-	-10,911	-	-	-	-20,502	-	-
Additional Paid-in Capital	-	9,837	-	-	-	9,861	-	-	-	22,605	-	-	-	22,854	-	-	-	37,916	-	-
Accumulated Other Comprehensive Income	-	-237.77	-	-	-	1,007	-	-	-	616.78	-	-	-	431.79	-	-	-	-828.07	-	-
Retained Earnings	-	152,212	-	-	-	132,288	-	-	-	113,756	-	-	-	92,353	-	-	-	78,740	-	-
Total Common Shareholders' Equity	164,722	160,296	156,256	149,587	143,834	138,686	132,150	130,910	127,276	124,286	119,979	114,265	108,642	104,731	105,365	100,831	97,672	95,328	83,780	86,136
Minority Interest	4,627	4,808	4,676	4,517	4,035	3,809	3,578	3,436	3,363	3,798	3,966	4,001	4,031	4,142	4,284	4,076	4,103	4,096	12,670	12,379
Shareholders' Equity	169,349	165,104	160,932	154,104	147,869	142,494	135,728	134,345	130,638	128,084	123,945	118,266	112,673	108,873	109,649	104,907	101,774	99,424	96,450	98,515
Total Liabilities & Equity	231,397	221,415	214,489	208,499	200,858	195,992	184,896	183,343	195,065	185,925	171,575	167,906	178,241	172,761	172,708	168,180	159,248	153,644	147,788	154,857
Total Debt	10,956	6,730	7,350	11,276	9,824	12,817	11,022	13,615	25,271	20,484	11,649	15,835	31,123	28,462	28,996	31,383	25,854	21,694	19,614	27,188
Net Cash (Debt)	159,948	155,881	141,743	135,413	130,291	124,764	112,964	109,241	109,324	106,238	99,178	93,973	89,322	88,997	87,240	80,162	76,648	75,841	71,719	73,695
Net Cash Growth	22.76%	24.94%	25.48%	23.96%	19.18%	17.44%	13.90%	16.25%	22.39%	19.37%	13.68%	17.23%	16.54%	17.35%	21.64%	8.78%	-1.33%	3.67%	-5.82%	-0.73%
Net Cash Per Share	247.80	241.46	219.86	210.62	203.18	194.57	175.19	168.42	168.22	163.28	152.60	144.62	137.14	136.12	132.43	121.26	115.57	114.11	106.67	108.82
Book Value	164,722	160,296	156,256	149,587	143,834	138,686	132,150	130,910	127,276	124,286	119,979	114,265	108,642	104,731	105,365	100,831	97,672	95,328	83,780	86,136
Book Value Per Share	255.20	248.30	242.37	232.66	224.29	216.28	204.94	201.83	195.84	191.02	184.60	175.85	166.81	160.19	159.95	152.52	147.27	143.44	124.61	127.20
Tangible Book Value	160,707	156,249	152,177	145,476	139,693	134,513	127,945	126,888	123,227	120,211	115,869	110,117	104,520	100,610	101,230	96,674	93,522	91,220	79,667	82,001
Tangible Book Value Per Share	248.98	242.03	236.04	226.27	217.84	209.78	198.42	195.63	189.61	184.76	178.28	169.47	160.48	153.88	153.67	146.23	141.01	137.25	118.49	121.09

SEC Filings: 10-K · 10-Q