NetEase Inc · NASDAQ:NTES

NetEase — Q4 2024 Earnings Presentation

14 slides from NetEase's earnings presentation, Feb 20, 2025

  1. Slide 1: 4Q24 Investor Presentation

    NetEase 4Q24 Investor Presentation Investor Relations February 20, 2024

  2. Slide 2: Safe Harbor Statement

    SAFE HARBOR STATEMENT This announcement contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expect

  3. Slide 3: NetEase, Inc.

    NetEase, Inc. NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, “NetEase”) is a leading internet and game services provider centered around premium content. With extensive offerings across its expanding gaming ecosystem, the Company develops and operates some of the most popular and longest running mobile

  4. Slide 4: Market Snapshot

    MARKET SNAPSHOT In USD $67.2 3.2 $3.7 $1.89 billion billion billion Market Cap 1 Shares Outstanding, Basic Net Income per ADS Net Revenues (2/19/25) Diluted (4Q24) (GAAP) (4Q24) (4Q24) $1.2 $18.0 billion billion AA Net income attributable to the Net cash 2 MSCI ESG Rating 3 Company's shareholders (G

  5. Slide 5: Games and Related Value-Added Services

    GAMES AND RELATED VALUE-ADDED SERVICES USD million1 Games and Related Value-added Services Net Revenues and Gross Margin Gross Margin Online Games Related VAS 4,000 100.0% 69.5% 68.8% 66.7% 3,500 90.0% 80.0% 2,910 3,000 2,866 2,858 Online Games Related 70.0% VAS 2,500 97% (4Q24) 60.0% ~ 35%: PC & co

  6. Slide 6: Online Games

    ONLINE GAMES PC & CONSOLE GAMES MOBILE GAMES Flagship Self-Developed PC & Console Titles Self-Developed Mobile Games Mobile Games in Overseas Markets Licensed Mobile Games From Overseas Developers • Introduced more new blockbuster games around the globe, reinforcing NetEase’s leadership across diver

  7. Slide 7: Youdao

    YOUDAO USD million1 Youdao Net Revenues and Gross Margin Gross Margin Net Revenues 49.9% 50.2% 47.8% • Youdao's operating profit increased by over 10% year-over-year in the fourth quarter, achieving its 215 first-ever annual operating profit in 2024. 203 • By prioritizing high-demand courses, it ach

  8. Slide 8: NetEase Cloud Music

    NETEASE CLOUD MUSIC USD million1 NetEase Cloud Music Net Revenues and Gross Margin Gross Margin Net Revenues • NetEase Cloud Music continued to drive quality 32.8% 31.9% development across its music-centric ecosystem, 30.3% nurturing its unique community and distinctive content offerings. 272 274 25

  9. Slide 9: Innovative Businesses and Others

    INNOVATIVE BUSINESSES AND OTHERS USD million1 Innovative Businesses and Others NetEase Yanxuan Net Revenues and Gross Margin • Leading private-label consumer lifestyle brand in China Gross Margin Net Revenues • Continued to strengthen its brand presence with highly popular 37.8% 37.8% products in fo

  10. Slide 10: Financial Highlights

    FINANCIAL HIGHLIGHTS USD billion1 Net Revenues Net Income Attributable to Shareholders (GAAP) 14.4 4.0 4.1 14.2 13.2 2.8 1.2 3.7 FY2022 FY2023 FY2024 Q4 2024 FY2022 FY2023 FY2024 Q4 2024 Value Returned to Shareholders Operating Cash Flow US$ FY2022 FY2023 FY2024 Q4 2024 Dividend per $1.38700 $2.5648

  11. Slide 11: ESG Performance

    ESG PERFORMANCE MSCI Ratings S&P Global ESG Score Sustainalytics Ratings AA 52 15.9 Last Updated: October 2024 Last Updated: September 2024 Last Updated: October 2024 According to MSCI’s evaluation, NetEase has been selected as a NetEase is rated as a low-risk NetEase is a leader among 233 member of

  12. Slide 12: Balance Sheet Summary

    BALANCE SHEET SUMMARY 2023 2024 Dec 31, RMB Dec 31, RMB Dec 31, USD in millions (Unaudited) (Unaudited) ASSETS Current assets: Cash and cash equivalents 21,429 51,383 7,039 Time deposits 100,856 75,441 10,335 Other current assets 20,408 26,501 3,631 Total current assets 142,693 153,325 21,005 Proper

  13. Slide 13: Income Statement Summary

    INCOME STATEMENT SUMMARY 4Q23 3Q24 4Q24 4Q24 QoQ YoY in millions except per ADS data & percentage data RMB RMB RMB USD Change Change (Unaudited) (Unaudited) Total net revenues: 27,140 26,210 26,748 3,664 2.1% -1.4% Games and related value-added services 20,921 20,864 21,242 2,910 1.8% 1.5% Youdao 1,

  14. Slide 14: Thank You

    THANK YOU

NetEase — Q4 2024 Earnings Presentation on 6ix