NetEase, inc. (NTES) Financial Statements
Historical financial data — 5 statements covering FY2021–FY2025
Founded in the late 1990s as an internet portal, NetEase has evolved into China's second-largest online gaming company. Its early success was anchored by the massively multiplayer online role-playi...
NetEase, inc.'s revenue increased 7.0% year over year, from $105.30B to $112.63B.
Net income increased 13.7% over the same period, from $29.70B to $33.76B.
Over the 4-year period from FY2021 to FY2025, revenue grew by 29% in total.
Total debt decreased by 47.5% to $6.73B.
The debt-to-equity ratio stands at 0.04, indicating a conservative leverage profile.
NetEase, inc. maintains a strong net profit margin of 30.0%.
Recent Financial Statements
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2021 | $87.61B | $16.86B | $46.97B | $16.42B | N/A | $153.64B | $21.69B | $99.42B |
| FY2022 | $96.50B+10.1% | $20.34B | $52.77B | $19.63B | N/A | $172.76B | $28.46B | $108.87B |
| FY2023 | $103.47B+7.2% | $29.42B | $63.06B | $27.71B | N/A | $185.93B | $20.48B | $128.08B |
| FY2024 | $105.30B+1.8% | $29.70B | $65.81B | $29.58B | N/A | $195.99B | $12.82B | $142.49B |
| FY2025 | $112.63B+7.0% | $33.76B | $72.40B | $35.83B | N/A | $221.41B | $6.73B | $165.10B |
Balance Sheet Summary (Latest Period)
Total Assets
$221.41B
Total Liabilities
$56.31B
Total Equity
$165.10B
Cash & Equivalents
$162.61B
Total Debt
$6.73B
Current Assets
$180.62B
Current Liabilities
$52.37B
Retained Earnings
$152.21B