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NetEase Inc

Communication Services US NTES

92.07USD
-0.16(0.17%)

Last update at 2024-12-19T18:54:00Z

Day Range

91.9292.73
LowHigh

52 Week Range

80.49117.20
LowHigh

Fundamentals

  • Previous Close 92.23
  • Market Cap58313.82M
  • Volume369162
  • P/E Ratio13.81
  • Dividend Yield2.87%
  • EBITDA30652.45M
  • Revenue TTM105273.61M
  • Revenue Per Share TTM163.77
  • Gross Profit TTM 52766.13M
  • Diluted EPS TTM6.55

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 24250.26M 21104.46M 15372.08M 16383.33M 8944.10M
Minority interest 494.31M -119.34800M 11667.13M 11587.76M 6179.94M
Net income 20337.60M 16856.84M 12062.75M 13468.61M 6152.41M
Selling general administrative 4695.80M 4263.55M 3371.83M 3130.30M 3191.54M
Selling and marketing expenses 13402.72M 12214.19M 10703.79M 6221.13M 9526.47M
Gross profit 52766.13M 46970.80M 38983.40M 31555.30M 28403.50M
Reconciled depreciation 2858.21M 3275.73M 3457.78M 2613.78M 2083.50M
Ebit 19628.59M 16417.07M 14538.41M 13790.65M 8028.53M
Ebitda 20861.62M 17235.56M 19498.29M 15072.95M 10112.03M
Depreciation and amortization 1233.03M 818.49M 4959.89M 1282.30M 2083.50M
Non operating income net other - - - 0.00000M 0.00000M
Operating income 19628.59M 16417.07M 14538.41M 13790.65M 7892.94M
Other operating expenses 76867.22M 71188.96M 59128.73M 45450.49M 59263.51M
Interest expense 2149.67M 7025.28M 935.91M 11693.08M 587.52M
Tax provision 5031.84M 4128.27M 3041.85M 2914.73M 2466.68M
Interest income 2149.67M 1519.71M 1598.62M 821.77M 587.52M
Net interest income 2149.67M 1519.71M 1598.62M 821.77M 587.52M
Extraordinary items - - - 7962.52M -2138.68200M
Non recurring - - - 0.00000M 0.00000M
Other items - - - 0.00000M 0.00000M
Income tax expense 5031.84M 4128.27M 3041.85M 2914.73M 2466.68M
Total revenue 96495.81M 87606.03M 73667.13M 59241.14M 67156.45M
Total operating expenses 33137.53M 30553.73M 24445.00M 17764.65M 20510.56M
Cost of revenue 43729.68M 40635.22M 34683.73M 27685.85M 38752.96M
Total other income expense net 4621.67M 4687.39M 833.68M 2592.68M 463.64M
Discontinued operations 624.86M 624.86M 624.86M 7962.52M -2138.68200M
Net income from continuing ops 19218.43M 16976.19M 12330.24M 13468.61M 6477.42M
Net income applicable to common shares 20337.60M 16856.84M 12062.75M 21237.52M 6152.41M
Preferred stock and other adjustments - - - 0.00000M 0.00000M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 185924.98M 172760.98M 153643.92M 141874.58M 112124.37M
Intangible assets 5959.75M 4121.77M 4108.09M 4178.26M 3707.18M
Earning assets - - - - -
Other current assets 132.27M 5448.28M 126.39M 108.76M 117.97M
Total liab 57840.90M 63887.50M 54365.29M 58876.78M 49531.52M
Total stockholder equity 124285.78M 104731.32M 95328.08M 82126.80M 61453.70M
Deferred long term liab - - - - 0.00000M
Other current liab 16475.17M 18927.11M 18031.21M 15159.24M 11600.26M
Common stock 2.71M 2.71M 2.79M 2.79M 2.64M
Capital stock 2.71M 2.71M 2.79M 2.79M 2.64M
Retained earnings 112214.58M 91074.68M 77494.48M 64162.69M 56393.64M
Other liab - 3403.69M 1345.87M 1337.17M 559.95M
Good will 1855.39M 2166.49M 595.28M 318.94M 0.00000M
Other assets - 27719.85M 25157.88M 18679.88M 2933.70M
Cash 21428.90M 24889.00M 14498.16M 9117.22M 3246.37M
Cash and equivalents - - - - -
Total current liabilities 53842.48M 56828.85M 50501.33M 46743.49M 38243.01M
Current deferred revenue 16986.64M 12518.89M 12132.74M 10945.14M 8602.23M
Net debt -945.42000M 2641.67M 6129.30M 10387.48M 13581.85M
Short term debt 19499.66M 23875.70M 19352.31M 19504.70M 16828.23M
Short long term debt 19240.16M 23875.70M 19352.31M 19504.70M 16828.23M
Short long term debt total 20483.48M 27530.67M 20627.45M 19504.70M 16828.23M
Other stockholder equity 9910.29M 13222.15M 17413.75M 17383.32M 3913.66M
Property plant equipment - 6342.33M 5433.86M 4555.41M 5085.40M
Total current assets 142692.58M 131603.20M 113120.25M 107831.04M 85105.01M
Long term investments 22833.19M 2973.84M 5823.84M 6630.00M 11653.87M
Net tangible assets - 100609.55M 91219.99M 77948.54M 54107.31M
Short term investments 105292.09M 92570.35M 83036.39M 84352.35M 68799.67M
Net receivables 9234.10M 5002.87M 5507.99M 4576.44M 4169.36M
Long term debt 428.00M 3654.96M 1275.14M - 0.00000M
Inventory 695.37M 993.64M 964.73M 621.21M 650.56M
Accounts payable 881.02M 1507.14M 985.06M 1134.41M 1212.30M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity - - - - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income 2158.20M 431.79M 417.06M 577.99M 1143.76M
Additional paid in capital - - - - 0.00000M
Common stock total equity - - - - 2.64M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity - - - - 0.00000M
Treasury stock - - - - 0.00000M
Accumulated amortization - - - - 0.00000M
Non currrent assets other 2199.66M 26239.06M 23859.93M 17593.12M 15426.56M
Deferred long term asset charges - - - - 0.00000M
Non current assets total 43232.39M 41157.79M 40523.67M 34043.54M 27019.36M
Capital lease obligations 815.32M 931.69M 1066.53M 805.74M 471.40M
Long term debt total - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -7369.72700M -3771.15800M -29192.40700M -22136.74100M -6146.36100M
Change to liabilities 833.06M 1196.00M 2256.56M 896.97M 1870.31M
Total cashflows from investing activities -7369.72700M -7078.29400M -29192.40700M -22136.74100M -13569.51500M
Net borrowings 4845.01M 1708.24M 4041.07M 2971.53M 6209.61M
Total cash from financing activities -10237.69900M -12585.56900M 9913.09M 1082.53M 1587.42M
Change to operating activities 3055.19M 3267.10M 1888.98M -1525.06400M -189.65600M
Net income 19218.43M 16976.19M 12330.24M 13468.61M 6477.42M
Change in cash 10212.21M 5207.51M 5770.74M -3808.67800M 1515.29M
Begin period cash flow 17376.12M 12168.60M 6397.86M 10206.54M 8691.25M
End period cash flow 27588.33M 17376.12M 12168.60M 6397.86M 10206.54M
Total cash from operating activities 27709.23M 24926.73M 24888.17M 17216.46M 13415.88M
Issuance of capital stock - - 21911.81M 10.64M -
Depreciation 2858.21M 3275.73M 3457.78M 2613.78M 2083.50M
Other cashflows from investing activities -323.77900M -268.65100M -160.67400M -874.59700M 1297.14M
Dividends paid -6723.66700M -3508.37700M -4280.46200M -8840.63400M 1440.19M
Change to inventory -27.61300M -343.58700M 29.70M 415.06M 457.05M
Change to account receivables 554.34M -1186.58600M -530.41300M -11.31400M -710.93200M
Sale purchase of stock -8328.12400M -12924.33300M 4859.60M 3268.35M -7516.67900M
Other cashflows from financing activities 5087.73M 2138.90M -11759.33100M 6940.99M 4334.68M
Change to netincome 1016.06M 1606.17M 4596.16M -6276.68900M 3531.75M
Capital expenditures 2643.48M 3110.01M 3290.49M 3328.78M 6886.01M
Change receivables - - - 0.00000M 0.00000M
Cash flows other operating - - - 0.00000M 0.00000M
Exchange rate changes - - - 0.00000M 0.00000M
Cash and cash equivalents changes - - - 0.00000M 0.00000M
Change in working capital 3497.37M 3187.99M 4771.48M -358.15100M 2476.98M
Stock based compensation 3174.16M 3041.49M 2663.49M 2404.09M 2529.65M
Other non cash items -1528.60000M -1962.61500M 1577.01M -1062.49800M -81.77000M
Free cash flow 25065.75M 21816.72M 21597.68M 13887.67M 6529.86M

Peer Comparison

Sector: Communication Services Industry: Electronic Gaming & Multimedia

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
NTES
NetEase Inc
-0.16 0.17% 92.07 13.81 12.32 0.60 3.46 0.46 1.54
NETTF
NetEase Inc
- -% 18.78 15.30 13.61 0.66 3.89 0.52 1.86
NTDOY
Nintendo Co ADR
0.26 1.76% 15.04 16.90 23.81 0.03 3.25 0.02 0.06
NTDOF
Nintendo Co. Ltd
-1.525 2.50% 59.59 16.96 24.04 0.03 3.28 0.02 0.06
EA
Electronic Arts Inc
-0.43 0.29% 149.49 28.83 16.92 4.47 4.54 4.31 16.54

Reports Covered

Stock Research & News

Profile

NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally. The company operates through Games and Related Value-Added Services; Youdao; Cloud Music; and Innovative Businesses and Others segments. It develops and operates PC and mobile games, as well as offers games licensed from other game developers. The company's products and services include Youdao Dictionary, an online knowledge tool; Youdao Translation, a tool specifically designed to support translation needs of business and leisure travelers; U-Dictionary, an online dictionary and translation app; Youdao Kids' Dictionary, a smart and fun tool; smart devices, such as Youdao Dictionary Pen, Youdao Smart Learning Pad, and Youdao Listening Pod; online courses; interactive learning apps; and education digitalization solutions, such as Youdao Smart Learning Terminal, a device that automates paper-based homework processing; Youdao Smart Cloud, a cloud-based platform that allows third-party app developers, smart device brands, and manufacturers to the company's OCR capabilities; and Youdao Sports, a sports-centric educational system. Its products and services include NetEase Cloud Music, a music streaming platform; Yanxuan, an e-commerce platform, which sells private label products; www.163.com portal and related mobile app, Wangyi Xinwen, which deliver information such as news, sports events, technology, fashion trends, and online entertainment; NetEase Mail, an email service; NetEase CC Live streaming, a live streaming platform with a focus on game broadcasting; and NetEase Pay, a payment platform. The company was formerly known as NetEase.com, Inc. and changed its name to NetEase, Inc. in March 2012. NetEase, Inc. was founded in 1997 and is headquartered in Hangzhou, the People's Republic of China.

NetEase Inc

NetEase Building, Hangzhou, China, 310052

Key Executives

Name Title Year Born
Mr. Lei Ding Founder, CEO & Director 1972
Mr. Zhaoxuan Yang Chief Financial Officer 1984
Ms. Margaret Shi IR Director NA
Mr. Feng Zhou Sr. VP of Search Operations 1978
Mr. Bill Pang Vice President of Corporate Development NA
Mr. Zhaoxuan Yang Consultant 1984
Ryutaro Ichimura President & Representative Director of PinCool Inc. NA

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