NetEase
$186.20Change from previous close: −3.32%Absolute change: −$6.40
At a glance
- Revenue growth
- +6.96%
- 2025 vs 2024
- Net income growth
- +13.68%
- 2025 vs 2024
- Net margin
- 30.0%
- 2024: 28.2%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 221,415 | 195,992 | 185,925 | 172,761 | 153,644 |
| Current assets | 180,615 | 153,325 | 142,693 | 131,603 | 113,120 |
| Cash and equivalents | 47,168 | 51,383 | 21,429 | 24,889 | 14,498 |
| Short-term investments | 117,072 | 86,289 | 105,374 | 92,639 | 83,123 |
| Receivables | 7,198 | 8,158 | 9,252 | 6,443 | 7,064 |
| Inventory | 689 | 572 | 695 | 994 | 965 |
| Net property, plant and equipment | 8,746 | 9,061 | 8,824 | 7,230 | 6,478 |
| Goodwill | 1,855 | 1,855 | 1,855 | 2,166 | 595 |
| Other intangible assets | 4,995 | 5,585 | 5,960 | 6,239 | 6,725 |
| Long-term investments | 21,458 | 23,231 | 22,833 | 21,518 | 24,629 |
| Current liabilities | 52,369 | 49,668 | 53,842 | 56,829 | 50,501 |
| Accounts payable | 643 | 721 | 881 | 1,507 | 985 |
| Long-term debt | — | 428 | 428 | 3,655 | 1,275 |
| Total debt | 6,730 | 12,817 | 20,483 | 28,462 | — |
| Total liabilities | 56,311 | 53,497 | 57,841 | 63,888 | 54,220 |
| Total equity (incl. minority) | 165,104 | 142,494 | 128,084 | 108,873 | 99,424 |
| Retained earnings | 152,212 | 132,288 | 113,756 | 92,353 | 78,740 |
| Minority interest | 4,808 | 3,809 | 3,798 | 4,142 | 4,096 |