Description
NetEase, Inc., established in 1997, is a Chinese provider of internet and gaming services. The company develops mobile and PC games for both the Chinese and global markets.
This detailed document covers general information, shareholders, company strategy and financial statements.
Goals and Objectives of the Research
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, 2023;
- The specified financial year coincides with the calendar year.
Short Insights
Highlights from the report:
- NetEase, Inc is a Chinese provider of internet and gaming services. The company creates and manages mobile and PC games that are accessible both in China and internationally.
- NetEase's portfolio includes major subsidiaries such as Youdao, an educational company; Cloud Music, an online music platform; and Yanxuan, NetEase’s in-house consumer lifestyle brand.
- In January 2023 NE acquired SkyBox Labs, a game studio founded in 2011 based in Burnaby and Victoria, Canada.
