NTES — NetEase Income Statement

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Annual income statement for NetEase, fiscal year end - December 31st, CNY millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	20-F	20-F	20-F	20-F	6-K
Standards:	USG	USG	USG	USG	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	87,606	96,496	103,468	105,295	112,626
Cost of Revenue
Gross Profit	46,971	52,766	63,063	65,807	72,402
Selling / General / Administrative Expenses
Research And Development
Unusual Expense / Income
Total Operating Expenses	71,208	76,923	75,485	74,411	76,791
Operating Profit	16,398	19,573	27,983	30,884	35,835
Total Net Non Operating Interest Income / Expense
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	21,104	24,250	34,057	35,718	40,830
Provision for Income Taxes
Net Income After Taxes	16,976	19,218	29,357	30,256	34,798
Minority Interest
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	16,857	20,338	29,417	29,698	33,760
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	16,857	20,338	29,417	29,698	33,760
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	5.01	5.99	8.97	8.85	10.5
Dividends per Share