Security
NetEase, Inc. American Depositary Shares · NTES
NTESNASDAQotherCurrentCIK 1110646Updated Nov 6, 2026
Name history
NETEASE.COM, INC. · through Mar 22, 2012NETEASE COM INC · through Jul 8, 2004
NTES price & chart
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NASDAQ:NTES on TradingView ↗About the company
NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, “NetEase”) is a leading internet and game services provider centered around premium content. With extensive offerings across its expanding gaming ecosystem, the Company develops and operates some of the most popular and longest-running mobile and PC games available in China and globally. Powered by one of the largest in-house game R&D teams focused on mobile, PC and console, NetEase creates superior gaming experiences, inspires players, and passionately delivers value for its thriving community worldwide. By infusing play with culture, and education with technology, NetEase transforms gaming into a meaningful vehicle to build a more entertaining and enlightened world.
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Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 31,661,932,000Source | 26,850,732,000Source | 26,186,985,000Source | 25,047,989,000Source |
| Property, Plant and Equipment, NetUSD | 1,204,806,000Source | 1,167,249,000Source | 1,137,346,000Source | 919,551,000Source |
| GoodwillCNY | 1,855,320,000Source | 1,855,293,000Source | 1,855,394,000Source | 2,166,486,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 6,744,921,000Source | 7,039,485,000Source | 3,018,198,000Source | 3,608,566,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 763,298,000Source | 776,654,000Source | 904,579,000Source | 725,348,000Source |
| Inventory, NetUSD | 98,552,000Source | 78,302,000Source | 97,941,000Source | 144,064,000Source |
| Assets, CurrentUSD | 25,827,670,000Source | 21,005,393,000Source | 20,097,831,000Source | 19,080,671,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,095,128,000Source | 879,107,000Source | 855,871,000Source | 789,927,000Source |
| Operating Lease, Right-of-Use AssetUSD | 45,802,000Source | 74,126,000Source | 105,533,000Source | 128,745,000Source |
| Other Assets, NoncurrentUSD | 531,009,000Source | 696,404,000Source | 836,505,000Source | 986,844,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 8,052,373,000Source | 7,329,115,000Source | 8,146,720,000Source | 9,262,818,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 376,000Source | 360,000Source | 382,000Source | 393,000Source |
| Retained Earnings (Accumulated Deficit)USD | 21,414,680,000Source | 17,855,602,000Source | 15,805,093,000Source | 13,204,587,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -34,001,000Source | 137,932,000Source | 86,872,000Source | 62,603,000Source |
| Stockholders' Equity Attributable to ParentUSD | 22,922,040,000Source | 18,999,850,000Source | 17,505,285,000Source | 15,184,614,000Source |
| Additional Paid in Capital, Common StockUSD | 1,406,738,000Source | 1,350,946,000Source | 3,183,799,000Source | 3,313,553,000Source |
| Liabilities and EquityUSD | 31,661,932,000Source | 26,850,732,000Source | 26,186,985,000Source | 25,047,989,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 7,488,661,000Source | 6,804,441,000Source | 7,583,556,000Source | 8,239,409,000Source |
| Operating Lease, Liability, CurrentUSD | 16,189,000Source | 23,510,000Source | 36,549,000Source | 37,559,000Source |
| Accounts Payable, CurrentUSD | 91,971,000Source | 98,715,000Source | 124,089,000Source | 218,515,000Source |
| Operating Lease, Liability, NoncurrentUSD | 33,192,000Source | 56,526,000Source | 78,287,000Source | 97,524,000Source |
| Deferred Income Tax Liabilities, NetUSD | 377,123,000Source | 297,716,000Source | 323,850,000Source | 308,258,000Source |
| Other Liabilities, NoncurrentUSD | 153,397,000Source | 111,797,000Source | 100,745,000Source | 87,707,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 674,461,000Source | 510,222,000Source | 518,676,000Source | 580,775,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 2,280,787,000Source | 1,949,369,000Source | 1,784,660,000Source | 1,612,542,000Source |
| Dividends PayableCNY | 0Source | 0Source | 0Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 58,635,000Source | 60,282,000Source | 529,920,000Source |
| Short-term InvestmentsUSD | 3,260,858,000Source | 1,473,586,000Source | 624,806,000Source | 1,105,184,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 4,976,016,000Source | 4,145,103,000Source | 4,134,878,000Source | 2,877,007,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 321,378,000Source | 331,250,000Source | 430,324,000Source | 414,401,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 521,609,000Source | 531,960,000Source | 456,740,000Source | 460,211,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -37,762,000Source | -98,143,000Source | 207,098,000Source | -80,372,000Source |
| Increase (Decrease) in InventoriesUSD | 16,821,000Source | -16,958,000Source | -41,798,000Source | 4,004,000Source |
| Increase (Decrease) in Accounts PayableUSD | -10,241,000Source | 12,486,000Source | -78,792,000Source | 64,905,000Source |
| Deferred Income Tax Expense (Benefit)CNY | -1,254,125,000Source | 320,726,000Source | 131,437,000Source | 489,670,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 7,255,695,000Source | 5,435,701,000Source | 4,976,306,000Source | 4,017,461,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -4,744,868,000Source | 2,454,537,000Source | -2,400,517,000Source | -1,068,511,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 152,347,000Source | 174,729,000Source | 324,167,000Source | 304,510,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -2,882,811,000Source | -3,744,976,000Source | -3,023,571,000Source | -1,484,326,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 1,977,046,000Source | 1,529,645,000Source | 1,128,735,000Source | 974,840,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -426,674,000Source | 4,146,735,000Source | -476,298,000Source | 1,480,631,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 55,481,000Source | 67,078,000Source | 109,843,000Source | 85,307,000Source |
| Income Taxes Paid, NetUSD | 919,078,000Source | 710,970,000Source | 689,552,000Source | 738,327,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseCNY | 3,647,662,000Source | 3,882,939,000Source | 3,242,810,000Source | 3,174,160,000Source |
| DepreciationCNY | — | — | 769,700,000Source | 1,127,200,000Source |
| Dividends PayableCNY | 0Source | 0Source | 0Source | — |
| Equity Securities, FV-NI, Gain (Loss)CNY | -1,200,000,000Source | 1,200,000,000Source | 535,300,000Source | -3,414,700,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -110,958,000Source | 34,994,000Source | -18,733,000Source | 227,804,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | -98,513,000Source | 98,525,000Source | -16,893,000Source | 232,596,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 4,331,000Source | 652,000Source | -799,000Source | -525,000Source |
| General and Administrative ExpenseUSD | 604,623,000Source | 623,433,000Source | 690,134,000Source | 680,827,000Source |
| GoodwillCNY | 1,855,320,000Source | 1,855,293,000Source | 1,855,394,000Source | 2,166,486,000Source |
| Goodwill, Impairment LossCNY | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 4,145,103,000Source | 4,134,878,000Source | 2,786,410,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 90,597,000Source |
| Income Tax Expense (Benefit)USD | 862,663,000Source | 748,210,000Source | 661,939,000Source | 729,548,000Source |
| Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment LossCNY | 1,108,400,000Source | 530,600,000Source | 414,200,000Source | 342,600,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 147,820,000Source | 76,010,000Source | -8,862,000Source | -72,100,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 4,827,586,000Source | 4,068,556,000Source | 4,143,234,000Source | 2,948,675,000Source |
| Operating ExpensesUSD | 5,229,012,000Source | 4,962,543,000Source | 4,979,542,000Source | 4,804,491,000Source |
| Other Nonoperating Income (Expense)USD | 155,374,000Source | 82,492,000Source | 148,402,000Source | 122,777,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 16,105,276,000Source | 14,425,388,000Source | 14,573,185,000Source | 13,990,577,000Source |
| Cost of RevenueUSD | 5,751,947,000Source | 5,409,855,000Source | 5,690,892,000Source | 6,340,208,000Source |
| Operating Income (Loss)USD | 5,124,317,000Source | 4,052,990,000Source | 3,902,751,000Source | 2,845,878,000Source |
| Other Nonoperating Income (Expense)USD | 155,374,000Source | 82,492,000Source | 148,402,000Source | 122,777,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 5,838,679,000Source | 4,893,313,000Source | 4,796,817,000Source | 3,515,958,000Source |
| Income Tax Expense (Benefit)USD | 862,663,000Source | 748,210,000Source | 661,939,000Source | 729,548,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 147,820,000Source | 76,010,000Source | -8,862,000Source | -72,100,000Source |
| Earnings Per Share, BasicUSD per share | 1.52Source | 1.27Source | 1.29Source | 0.9Source |
| Earnings Per Share, DilutedUSD per share | 1.5Source | 1.26Source | 1.27Source | 0.89Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 3,186,454,000Source | 3,200,453,000Source | 3,216,475,000Source | 3,263,455,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 3,218,174,000Source | 3,230,602,000Source | 3,252,029,000Source | 3,296,014,000Source |
| Additional Financial Items | ||||
| Cost, Depreciation and AmortizationCNY | 391,068,000Source | 305,652,000Source | — | — |
| Current Income Tax Expense (Benefit)CNY | 7,286,811,000Source | 5,140,682,000Source | 4,568,267,000Source | 4,542,168,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -110,958,000Source | 34,994,000Source | -18,733,000Source | 227,804,000Source |
| General and Administrative ExpenseUSD | 604,623,000Source | 623,433,000Source | 690,134,000Source | 680,827,000Source |
| Goodwill, Impairment LossCNY | 0Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | 10,353,329,000Source | 9,015,533,000Source | 8,882,293,000Source | 7,650,369,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 4,145,103,000Source | 4,134,878,000Source | 2,786,410,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | 1.27Source | 1.29Source | 0.87Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | 1.26Source | 1.27Source | 0.86Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 90,597,000Source |
| Investment Income, NetUSD | 104,605,000Source | 48,674,000Source | 184,048,000Source | 7,826,000Source |
| Marketing and Advertising ExpenseUSD | 1,600,000,000Source | 1,500,000,000Source | 1,500,000,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 4,827,586,000Source | 4,068,556,000Source | 4,143,234,000Source | 2,948,675,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | — | 4,068,556,000Source | 4,143,234,000Source | 2,858,078,000Source |
| Operating ExpensesUSD | 5,229,012,000Source | 4,962,543,000Source | 4,979,542,000Source | 4,804,491,000Source |
| Research and Development ExpenseUSD | 2,533,799,000Source | 2,400,889,000Source | 2,321,851,000Source | 2,180,452,000Source |
| Selling and Marketing ExpenseUSD | 2,090,590,000Source | 1,938,221,000Source | 1,967,557,000Source | 1,943,212,000Source |
Filing attachments
tm2628865d1_ex99-1.htm · 6-K · 2026-11-06
Exhibit 99.1 FF305 Page 1 of 7 v 1.3.0 Next Day Disclosure Return (Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares) Instrument: Equity issuer Status: New Submission Name of Issuer: NetEase, Inc. Date Submitted: 03 November 2026 Section I must be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant to rule 13.25A of the Rules Governing…
Read attachment ↗tm2628986d1_ex99-1.htm · 6-K · 2026-11-05
Exhibit 99.1 FF301 Page 1 of 10 v 1.2.1 Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in Securities For the month ended: 31 October 2026 Status: New Submission To : Hong Kong Exchanges and Clearing Limited Name of Issuer: NetEase, Inc. Date Submitted: 05 November 2026 I. Movements in Authorised / Registered Share Capital 1. Class of shares Ordinary shares Type of shares Not applicable Li…
Read attachment ↗tm2628972d1_ex99-1.htm · 6-K · 2026-11-05
Exhibit 99.1 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. NetEase, Inc. (Incorporated in the Cayman Islands with limited liability) (Stock …
Read attachment ↗tm2628543d1_ex99-1.htm · 6-K · 2026-11-02
Exhibit 99.1 FF305 Page 1 of 7 v 1.3.0 Next Day Disclosure Return (Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares) Instrument: Equity issuer Status: New Submission Name of Issuer: NetEase, Inc. Date Submitted: 28 October 2026 Section I must be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant to rule 13.25A of the Rules Governing …
Read attachment ↗tm2628543d1_ex99-2.htm · 6-K · 2026-11-02
Exhibit 99.2 FF305 Page 1 of 7 v 1.3.0 Next Day Disclosure Return (Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares) Instrument: Equity issuer Status: New Submission Name of Issuer: NetEase, Inc. Date Submitted: 29 October 2026 Section I must be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant to rule 13.25A of the Rules Governing …
Read attachment ↗tm2627023d1_ex99-1.htm · 6-K · 2026-10-07
Exhibit 99.1 FF301 Page 1 of 10 v 1.2.1 Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in Securities For the month ended: 30 September 2026 Status: New Submission To : Hong Kong Exchanges and Clearing Limited Name of Issuer: NetEase, Inc. Date Submitted: 07 October 2026 I. Movements in Authorised / Registered Share Capital 1. Class of shares Ordinary shares Type of shares Not applicable L…
Read attachment ↗