NetEase, Inc. Website

NetEase, Inc.

NasdaqGS-NTES

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

59,241.1

73,667.1

87,606

96,495.8

103,468.2

106,748.1

Total Revenues % Chg.

15.8%

24.4%

18.9%

10.1%

7.2%

8%

Cost of Goods Sold, Total

27,685.8

34,683.7

40,635.2

43,729.7

40,404.8

39,898.5

Gross Profit

31,555.3

38,983.4

46,970.8

52,766.1

63,063.4

66,849.6

Selling General & Admin Expenses, Total

9,351.4

14,075.6

16,477.7

18,098.5

18,869.3

20,350.6

R&D Expenses

8,413.2

10,369.4

14,076

15,039

16,484.9

17,456.7

Other Operating Expenses, Total

17,764.6

24,445

30,553.7

33,137.5

35,354.3

37,807.4

Operating Income

13,790.7

14,538.4

16,417.1

19,628.6

27,709.1

29,042.2

Interest Expense, Total

—

—

—

—

—

—

—

—

-650.2

-884.1

-884.1

Interest And Investment Income

2,128.1

3,208.7

4,467.4

2,853.8

6,311.2

6,587.4

Net Interest Expenses

2,128.1

3,208.7

4,467.4

2,203.6

5,427.1

5,703.3

Currency Exchange Gains (Loss)

25.2

-3,112.2

-490.5

1,571.2

-133

-1,435.8

Other Non Operating Income (Expenses)

439.4

737.2

710.4

846.8

1,053.6

954.4

EBT, Excl. Unusual Items

16,383.3

15,372.1

21,104.5

24,250.3

34,056.9

34,264.1

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Assets

—

—

—

—

—

—

—

—

—

—

EBT, Incl. Unusual Items

16,383.3

15,372.1

21,104.5

24,250.3

34,056.9

34,264.1

Income Tax Expense

2,914.7

3,041.8

4,128.3

5,031.8

4,699.7

5,145.9

Earnings From Continuing Operations

13,468.6

12,330.2

16,976.2

19,218.4

29,357.2

29,118.2

Earnings Of Discontinued Operations

—

—

—

7,962.5

—

—

624.9

—

—

Minority Interest

-193.6

-267.5

-119.3

494.3

59.3

-306.3

Net Income

21,237.5

12,062.8

16,856.8

20,337.6

29,416.6

28,811.8

Net Income to Common Incl Extra Items

21,237.5

12,062.8

16,856.8

20,337.6

29,416.6

28,811.8

Net Income to Common Excl. Extra Items

13,275

12,062.8

16,856.8

19,712.7

29,416.6

28,811.8

Total Shares Outstanding

645.7

650.5

620.3

625.2

642.2

643.5

Weighted Avg. Shares Outstanding

644.1

661.1

665.2

652.7

643.3

642.8

Weighted Avg. Shares Outstanding Dil

650

670

673.5

659.2

650.4

649.8

EPS

33

18.2

25.3

31.2

45.7

44.8

EPS Diluted

32.7

18

25.1

30.8

45.3

44.3

EBITDA

16,404.4

17,996.2

19,692.8

22,486.8

30,764.4

31,553.7

Effective Tax Rate

17.8%

19.8%

19.6%

20.7%

13.8%

15%