NetEase Historical Income Statement

NTES Stock

USD 96.89 0.41 0.42%

Historical analysis of NetEase income statement accounts such as Total Revenue of 108.6 B can show how well NetEase performed in making a profits. Evaluating NetEase income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NetEase's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining NetEase latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NetEase is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetEase. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.

About NetEase Income Statement Analysis

NetEase Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NetEase shareholders. The income statement also shows NetEase investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

NetEase Income Statement Chart

At this time, NetEase's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 42.4 B in 2024, whereas Minority Interest is likely to drop slightly above 281.6 M in 2024.

Selling General Administrative Gross Profit Other Operating Expenses Research Development Cost Of Revenue Income Before Tax

Gross Profit

Gross profit is a required income statement account that reflects total revenue of NetEase minus its cost of goods sold. It is profit before NetEase operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NetEase. It is also known as NetEase overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on NetEase income statement and represents the costs associated with goods and services NetEase provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on NetEase income statement and is an important metric when analyzing NetEase profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most accounts from NetEase's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NetEase current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetEase. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.At this time, NetEase's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 42.4 B in 2024, whereas Minority Interest is likely to drop slightly above 281.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	47.0B	52.8B	63.1B	66.2B
Total Revenue	87.6B	96.5B	103.5B	108.6B

Gross Profit Total Revenue

NetEase income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Net Income From Continuing Ops	Minority Interest	Tax Provision	Interest Income	Extraordinary Items	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.31	0.93	0.93	0.91	0.94	0.82	0.82	0.95	0.86	0.92	0.95	0.81	0.78	0.79	0.9	0.95	0.8	0.33	0.89	0.74	0.83	0.79	0.96
Interest Expense	0.31		0.41	0.36	0.34	0.37	0.3	0.3	0.39	0.31	0.37	0.36	0.32	0.4	0.3	0.4	0.29	0.33	0.48	0.43	0.08	0.56	0.12	0.51
Selling General Administrative	0.93	0.41		1.0	0.98	0.99	0.92	0.92	0.98	0.95	0.98	0.99	0.92	0.87	0.9	0.98	0.99	0.89	0.26	0.94	0.76	0.83	0.82	0.9
Total Revenue	0.93	0.36	1.0		0.99	0.99	0.93	0.93	0.98	0.95	0.98	0.99	0.93	0.86	0.91	0.99	0.99	0.9	0.24	0.93	0.77	0.81	0.83	0.89
Gross Profit	0.91	0.34	0.98	0.99		0.97	0.97	0.97	0.99	0.99	0.93	0.99	0.97	0.92	0.96	0.99	0.98	0.94	0.16	0.92	0.85	0.85	0.9	0.87
Other Operating Expenses	0.94	0.37	0.99	0.99	0.97		0.89	0.89	0.97	0.92	0.99	0.99	0.89	0.82	0.86	0.97	0.99	0.86	0.28	0.93	0.72	0.78	0.78	0.9
Operating Income	0.82	0.3	0.92	0.93	0.97	0.89		1.0	0.93	1.0	0.84	0.93	1.0	0.92	0.99	0.94	0.91	0.96	0.09	0.85	0.88	0.83	0.92	0.77
Ebit	0.82	0.3	0.92	0.93	0.97	0.89	1.0		0.93	1.0	0.85	0.93	1.0	0.92	0.99	0.95	0.91	0.96	0.09	0.85	0.88	0.83	0.92	0.78
Research Development	0.95	0.39	0.98	0.98	0.99	0.97	0.93	0.93		0.96	0.93	0.99	0.94	0.93	0.92	0.98	0.98	0.92	0.19	0.94	0.84	0.88	0.88	0.92
Ebitda	0.86	0.31	0.95	0.95	0.99	0.92	1.0	1.0	0.96		0.88	0.95	0.99	0.92	0.99	0.96	0.94	0.96	0.12	0.88	0.88	0.85	0.92	0.82
Cost Of Revenue	0.92	0.37	0.98	0.98	0.93	0.99	0.84	0.85	0.93	0.88		0.96	0.84	0.76	0.81	0.95	0.98	0.81	0.33	0.9	0.63	0.72	0.7	0.87
Total Operating Expenses	0.95	0.36	0.99	0.99	0.99	0.99	0.93	0.93	0.99	0.95	0.96		0.93	0.89	0.91	0.98	0.99	0.9	0.21	0.94	0.81	0.84	0.86	0.91
Income Before Tax	0.81	0.32	0.92	0.93	0.97	0.89	1.0	1.0	0.94	0.99	0.84	0.93		0.94	1.0	0.95	0.91	0.97	0.05	0.86	0.89	0.84	0.93	0.78
Total Other Income Expense Net	0.78	0.4	0.87	0.86	0.92	0.82	0.92	0.92	0.93	0.92	0.76	0.89	0.94		0.95	0.9	0.85	0.94	-0.07	0.86	0.9	0.87	0.92	0.78
Net Income	0.79	0.3	0.9	0.91	0.96	0.86	0.99	0.99	0.92	0.99	0.81	0.91	1.0	0.95		0.93	0.89	0.97	0.01	0.84	0.91	0.84	0.94	0.75
Income Tax Expense	0.9	0.4	0.98	0.99	0.99	0.97	0.94	0.95	0.98	0.96	0.95	0.98	0.95	0.9	0.93		0.97	0.91	0.18	0.95	0.78	0.84	0.83	0.87
Selling And Marketing Expenses	0.95	0.29	0.99	0.99	0.98	0.99	0.91	0.91	0.98	0.94	0.98	0.99	0.91	0.85	0.89	0.97		0.88	0.21	0.92	0.78	0.79	0.83	0.89
Net Income From Continuing Ops	0.8	0.33	0.89	0.9	0.94	0.86	0.96	0.96	0.92	0.96	0.81	0.9	0.97	0.94	0.97	0.91	0.88		0.05	0.86	0.89	0.85	0.92	0.77
Minority Interest	0.33	0.48	0.26	0.24	0.16	0.28	0.09	0.09	0.19	0.12	0.33	0.21	0.05	-0.07	0.01	0.18	0.21	0.05		0.16	-0.11	0.3	-0.05	0.47
Tax Provision	0.89	0.43	0.94	0.93	0.92	0.93	0.85	0.85	0.94	0.88	0.9	0.94	0.86	0.86	0.84	0.95	0.92	0.86	0.16		0.72	0.84	0.77	0.88
Interest Income	0.74	0.08	0.76	0.77	0.85	0.72	0.88	0.88	0.84	0.88	0.63	0.81	0.89	0.9	0.91	0.78	0.78	0.89	-0.11	0.72		0.8	0.99	0.69
Extraordinary Items	0.83	0.56	0.83	0.81	0.85	0.78	0.83	0.83	0.88	0.85	0.72	0.84	0.84	0.87	0.84	0.84	0.79	0.85	0.3	0.84	0.8		0.82	0.9
Net Interest Income	0.79	0.12	0.82	0.83	0.9	0.78	0.92	0.92	0.88	0.92	0.7	0.86	0.93	0.92	0.94	0.83	0.83	0.92	-0.05	0.77	0.99	0.82		0.74
Reconciled Depreciation	0.96	0.51	0.9	0.89	0.87	0.9	0.77	0.78	0.92	0.82	0.87	0.91	0.78	0.78	0.75	0.87	0.89	0.77	0.47	0.88	0.69	0.9	0.74

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NetEase Account Relationship Matchups

High Positive Relationship

Total Revenue	+ 1.0	Selling General Administrative
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Income Before Tax	+ 1.0	Ebit

High Negative Relationship

Interest Income	- 0.11	Minority Interest
Minority Interest	- 0.07	Total Other Income Expense Net
Net Interest Income	- 0.05	Minority Interest

NetEase income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.3B	3.5B	3.3B	2.9B	3.1B	3.2B
Interest Expense	11.7B	935.9M	7.0B	2.1B	2.5B	1.3B
Selling General Administrative	3.1B	3.4B	4.3B	4.7B	4.9B	5.1B
Total Revenue	59.2B	73.7B	87.6B	96.5B	103.5B	108.6B
Gross Profit	31.6B	39.0B	47.0B	52.8B	63.1B	66.2B
Other Operating Expenses	45.5B	59.1B	71.2B	76.9B	75.8B	79.5B
Operating Income	13.8B	14.5B	16.4B	19.6B	27.7B	29.1B
Ebit	13.8B	14.5B	16.4B	19.6B	27.7B	29.1B
Research Development	8.4B	10.4B	14.1B	15.0B	16.5B	17.3B
Ebitda	15.1B	18.0B	19.7B	22.5B	30.8B	32.3B
Cost Of Revenue	27.7B	34.7B	40.6B	43.7B	40.4B	42.4B
Total Operating Expenses	17.8B	24.4B	30.6B	33.1B	35.4B	37.1B
Income Before Tax	16.4B	15.4B	21.1B	24.3B	34.1B	35.8B
Total Other Income Expense Net	2.6B	833.7M	4.7B	4.6B	6.3B	6.7B
Net Income	13.5B	12.1B	16.9B	20.3B	29.4B	30.9B
Income Tax Expense	2.9B	3.0B	4.1B	5.0B	4.7B	4.9B
Net Income Applicable To Common Shares	21.2B	12.1B	16.9B	20.3B	23.4B	24.6B
Selling And Marketing Expenses	6.2B	10.7B	12.2B	13.4B	14.0B	14.7B
Net Income From Continuing Ops	13.5B	12.3B	17.0B	19.2B	26.5B	27.8B
Minority Interest	11.6B	11.7B	(119.3M)	494.3M	296.4M	281.6M
Tax Provision	2.9B	3.0B	4.1B	5.0B	4.6B	3.4B
Interest Income	821.8M	1.6B	1.5B	2.1B	3.5B	3.7B
Net Interest Income	821.8M	1.6B	1.5B	2.1B	3.5B	3.7B
Reconciled Depreciation	2.6B	3.5B	3.3B	2.9B	3.2B	2.9B

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NetEase Historical Income Statement

About NetEase Income Statement Analysis

NetEase Income Statement Chart

Gross Profit

Other Operating Expenses

Cost Of Revenue

Income Before Tax

NetEase income statement Correlations

NetEase Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NetEase income statement Accounts

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