Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Gross Profit: Breakdown by Business Segment

Breakdown by Business Segment (CNY)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Entertainment Software

          

Games and Related Value-Added Services

6.28TCr 7.46TCr 8.16TCr 8.36TCr 9.21TCr

Gross Profit

4.07TCr 4.68TCr 5.56TCr 5.75TCr 6.42TCr

D&A

25Cr 34Cr 22Cr 25Cr 28Cr

Entertainment Services

          

NetEase Cloud Music

699.76Cr 899.22Cr 786.7Cr 795.01Cr 775.94Cr

Gross Profit

14Cr 129.31Cr 210.27Cr 268.15Cr 276.96Cr

D&A

38.27L 60.44L 24.52L 30.27L 7L

Home Decor Accessories

          

Innovative Businesses and Others (Excluding Cloud Music)

1.24TCr 792.39Cr 864.65Cr 809.65Cr 680.87Cr

Gross Profit

321.66Cr 210.85Cr 256.67Cr 289.71Cr 277.77Cr

D&A

14Cr 13Cr 6.01Cr 4.71Cr 11Cr

Online Education Courses

          

Youdao

535.44Cr 501.32Cr 538.92Cr 562.59Cr 590.9Cr

Gross Profit

290.62Cr 258.24Cr 276.75Cr 274.85Cr 261.68Cr

D&A

93.3L 1.16Cr 92.75L 91.19L 67.18L

Online Specialty Retail

          

Innovative Businesses and Others

- - - - -

Gross Profit

- - - - -

D&A

- - - - -

Broadcast Advertising

          

Advertising Services

- - - - -

Gross Profit

- - - - -

D&A

- - - - -

Online Services

          

e-Commerce

- - - - -

Gross Profit

- - - - -

D&A

- - - - -

e-mail, e-commerce and others

- - - - -

Gross Profit

- - - - -

Geographical Revenue Distribution History

Geographical breakdown of sales (CNY)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

China

8.76TCr 9.65TCr 10TCr 11TCr 11TCr

Total Assets

15TCr 17TCr 19TCr 20TCr 22TCr

Interest Expense

-19Cr -65Cr -88Cr -60Cr -33Cr

Income Tax Expense

412.83Cr 503.18Cr 469.97Cr 546.14Cr 603.27Cr

D&A

327.57Cr - 305.53Cr 241.79Cr 224.74Cr

CAPEX

-311Cr - -230.16Cr -127.54Cr -106.54Cr

Gross Profit

4.7TCr 5.28TCr 6.31TCr 6.58TCr 7.24TCr

Net Income

1.69TCr 2.03TCr 2.94TCr 2.97TCr 3.38TCr

EBT

2.11TCr 2.43TCr 3.41TCr 3.57TCr 4.08TCr

Operating Income

1.64TCr 1.96TCr 2.77TCr 2.96TCr 3.58TCr
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