Description
NetEase, Inc., founded in 1997, is a prominent Chinese internet and game services provider. The company specializes in developing and operating mobile and PC games, serving both the domestic Chinese market and international audiences.
This report reviews NetEase's financial performance for fiscal year 2022 and analyzes the company's growth trajectory.
Research Goals and Objectives
Research Objective: To study NetEase, Inc publicly available financial information, determine the company's development strategy, and compile an overview of its Annual Financial Reports.
Research Tasks:
- Find the company’s comprehensive financial and corporate information;
- Analyze the gathered information;
- Draw conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
Document Markup
- FY - Financial Year;
- Q - Quarter;
- NE - NetEase, Inc;
- ADS - American Depositary Shares;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- NetEase, Inc Annual Report Period is from January 1 to December 31, 2022;
- The specified financial year coincides with the calendar year.
Short Insights
- Total shares outstanding: 3.22 billion as of December 31, 2022;
- FY22 net revenue: 96.50 billion RMB, a 10.15% increase from FY21;
- Total current assets: 131.60 billion RMB, exceeding total current liabilities by 74.77 billion RMB;
- Launched "Naraka: Bladepoint" on Xbox Series X|S and Xbox Game Pass in June 2022, gaining one million new players in two weeks.
