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Technology Services

NetEase, Inc.

Business Summary

NetEase, Inc. engages in the provision of online internet technology services. It operates through the following business segments: Online Games, E-commerce, Advertisign Services, and E-Mail and Others. The Online Games segment offers multi-player online role-playing games and mobile games. The E-commerce segment provides online selling and payment platform, e-reading applications, matchmaking services, online music, social network, personalized photo-based products, and online game-related accessories. The Advertising segment involves banner advertising, channel sponsorships, direct e-mail, interactive media-rich sites, sponsored special events, games and contests. The E-Mail Services segment comprise free and fee-based premium e-mail services. The company was founded by Lei Ding in June 1997 and is headquartered in Beijing, China.

Financial Highlights

Dec 2018 USD
Revenue10,149.06M10,149.06M
Gross Profit4,292.49M4,292.49M
Operating income1,192.82M1,192.82M
Income before tax1,351.68M1,351.68M
Net income929.78M929.78M
EBITDA1,337.10M1,337.10M
Diluted EPS7.147.14
Dividends Per Share1.761.76
Total Assets12,667.01M12,667.01M
Total liabilities5,178.83M5,178.83M
Total equity6,588.05M6,588.05M
Operating cash flow2,027.48M2,027.48M
Currency in USDCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 1,898.18M 3,626.34M 5,735.22M 8,005.36M 10,149.06M
Gross Profit 1,369.61M 2,131.58M 3,254.33M 3,834.24M 4,292.49M
Operating income 772.23M 1,156.48M 1,897.10M 1,798.37M 1,192.82M
Income before tax 884.59M 1,289.78M 2,087.36M 1,925.28M 1,351.68M
Net income 770.85M 1,071.08M 1,743.23M 1,584.43M 929.78M
EBITDA 800.50M 1,185.50M 1,946.30M 1,875.64M 1,337.10M
Diluted EPS 5.87 8.11 13.18 11.94 7.14
Dividends Per Share 1.42 2.02 3.29 3 1.76
Total Assets 4,892.86M 6,338.24M 8,350.78M 10,907.77M 12,667.01M
Total liabilities 1,106.22M 1,822.40M 2,815.96M 3,682.67M 5,178.83M
Total equity 3,791.83M 4,502.97M 5,495.69M 7,022.72M 6,588.05M
Operating cash flow 951.78M 1,284.47M 2,326.64M 1,759.22M 2,027.48M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 1,898.18M 3,626.34M 5,735.22M 8,005.36M 10,149.06M
Gross Profit 1,369.61M 2,131.58M 3,254.33M 3,834.24M 4,292.49M
Operating income 772.23M 1,156.48M 1,897.10M 1,798.37M 1,192.82M
Income before tax 884.59M 1,289.78M 2,087.36M 1,925.28M 1,351.68M
Net income 770.85M 1,071.08M 1,743.23M 1,584.43M 929.78M
EBITDA 800.50M 1,185.50M 1,946.30M 1,875.64M 1,337.10M
Diluted EPS 5.87 8.11 13.18 11.94 7.14
Dividends Per Share 1.42 2.02 3.29 3 1.76
Total Assets 4,892.86M 6,338.24M 8,350.78M 10,907.77M 12,667.01M
Total liabilities 1,106.22M 1,822.40M 2,815.96M 3,682.67M 5,178.83M
Total equity 3,791.83M 4,502.97M 5,495.69M 7,022.72M 6,588.05M
Operating cash flow 951.78M 1,284.47M 2,326.64M 1,759.22M 2,027.48M

Valuation Measures

Dec 2018
PER32.75
ROA7.88%
ROE13.66%
Operating margin11.75%
Profit margin9.16%

Key executives

  • Chief Executive Officer & Director: Lei Ding
  • Chief Financial Officer: Zhao Xuan Yang
  • Vice President: Wai-Kwan Ha
  • Director-Investor Relations: Margaret Shi

Shareholders

  • Orbis Investment Management Ltd. (8.0%)
  • Lazard Asset Management LLC (2.9%)
  • The Vanguard Group, Inc. (1.9%)
  • BlackRock Fund Advisors (1.9%)
  • Baillie Gifford & Co. (1.6%)
  • Vontobel Asset Management, Inc. (1.2%)
  • SSgA Funds Management, Inc. (1.2%)
  • Comgest SA (1.2%)
  • UBS AG (Investment Management) (1.1%)
  • Invesco Asset Management Ltd. (1.0%)

Contact Details

  • Website:http://www.netease.com
  • Address: Zhongguancun Software Park Phase II, Building No. 7, West Zone, Beijing, 100193, China
  • Phone: +86.10.82558163

Related Companies

  • Netease Games
  • Guangzhou Boguan Information Technology Co., Ltd.
  • NetEase, Inc. /NetEase Comics/
  • NetEase Media, Inc.
  • NetEase Youdao Information Technology (Beijing) Co., Ltd.
  • Guangzhou Boguan Telecommunication Technology Ltd.
  • NetEase (Hong Kong) Ltd.
  • NetEase Media Technology (Beijing) Co. Ltd.
  • NetEase Information Technology (Beijing) Co. Ltd.
  • NetEase (Hangzhou) Network Co. Ltd.
  • Netease Capital
  • Bungie, Inc.

Competitors

  • Sohu.com Limited Sponsored ADR
  • Changyou.com Ltd. Sponsored ADR Class A
  • Phoenix New Media Ltd. Sponsored ADR Class A
  • SINA Corp.
  • Tencent Holdings Ltd.
  • Alibaba Group Holding Ltd. Sponsored ADR
  • Microsoft Corporation
  • Alphabet Inc. Class A
  • Perfect World Co., Ltd. Class A
  • Verizon Communications Inc.
  • Giant Network Group Co. Ltd. Class A
  • Baidu, Inc. Sponsored ADR Class A
  • Vipshop Holdings Ltd Sponsored ADR
  • JD.com, Inc. Sponsored ADR Class A
  • Autohome, Inc. Sponsored ADR Class A
  • Bitauto Holdings Ltd. Sponsored ADR
  • Mail.ru Group Ltd. Sponsored GDR
  • NetDragon Websoft Holdings Limited
  • Netmarble Corp.
  • Qutoutiao, Inc. Sponsored ADR Class A
  • Electronic Arts Inc.
  • Ubisoft Entertainment SA
  • Zynga Inc. Class A
  • Wuhu Sanqi Interactive Entertainment Network Technology Group Co., Ltd. Class A
  • Liquid Media Group Ltd.
  • Gravity Co Ltd Sponsored ADR
  • FingerTango, Inc.
  • Glu Mobile Inc.
  • The9 Ltd. Sponsored ADR
  • Tencent Music Entertainment Group Sponsored ADR Class A
Last Updated on 20 Sep, 2019

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