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NetEase, Inc. (China)

Main Activities: Internet Publishing and Broadcasting and Web Search Portals
Full name: NetEase, Inc. Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase") is a leading internet and gaming service provider based in Beijing. The company focuses on delivering high-quality content and has expanded its gaming ecosystem to offer a diverse range of popular mobile and PC games in China and globally. NetEase has a dedicated in-house development team that focuses on creating mobile, PC, and console games. The team is one of the largest in the industry and has contributed to the creation of exceptional gaming experiences. NetEase actively engages with user communities worldwide, inspiring passion and delivering value. By incorporating elements of culture and education into their games, NetEase aims to make gaming a more meaningful and inspiring medium. In addition to gaming, NetEase's other businesses include its subsidiary Youdao (NYSE: DAO), an intelligent learning company that provides industry-leading technology, and its subsidiary NetEase Cloud Music (HKEX: 9899), a renowned online music platform known for its vibrant content community. NetEase also operates its own lifestyle brand, NetEase Yanxuan. NetEase's outstanding performance in environmental, social, and corporate governance (ESG) has earned it a place in the 2022 Dow Jones Sustainability World Index, the 2022 Dow Jones Sustainability Emerging Markets Index, and the 2023 Bloomberg Gender Equality Index. The company has also received an A rating from MSCI, an international authority on index ratings. For more information, please visit: http://ir.netease.com/.

Headquarters
Netease Building, No. 599 Wangshang Road, Binjiang District
Hangzhou; Zhejiang; Postal Code: 310052

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Website: http://ir.netease.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1997
Key Executives
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Chief Executive Officer
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Executive Vice President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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45%
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Subsidiaries
Youdao Inc.
9.3%
Guangzhou Boguan Telecommunication Technology Co., Ltd.
Guangzhou Netease Computer System Co., Ltd.
Company Performance
Financial values in the chart are available after NetEase, Inc. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
6.69%
Total operating revenue
6.69%
Operating profit (EBIT)
9.03%
EBITDA
5.25%
Net Profit (Loss) for the Period
-1.61%
Total assets
9.19%
Total equity
13.63%
Operating Profit Margin (ROS)
0.61%
Net Profit Margin
-2.36%
Return on Equity (ROE)
-1.69%
Debt to Equity Ratio
-3.26%
Quick Ratio
0.08%
Cash Ratio
0.11%

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