NetEase Inc · NASDAQ:NTES
NetEase — Q2 2025 Earnings Presentation
14 slides from NetEase's earnings presentation, Aug 14, 2025
Slide 1: 2Q25 Investor Presentation
NetEase 2Q25 Investor Presentation Investor Relations August 14, 2025
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
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
Slide 4: Market Snapshot
MARKET SNAPSHOT In USD $85.4 3.2 $3.9 $1.88 billion billion billion Market Cap 1 Shares Outstanding, Basic Net Income per ADS Net Revenues (8/13/25) Diluted (2Q25) (GAAP) (2Q25) (2Q25) $1.2 $19.8 billion billion AA Net income attributable to the Net cash 2 MSCI ESG Rating 3 Company's shareholders (G
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 Online Games Related VAS 3,357 3,184 Online Games Related VAS 2,800 97% (2Q25) 2Q24 1Q25 2Q25 Note: 1 US$1.00 = RMB7.1636 on June 30, 2025. Same exchange rate is applied to all ye
Slide 6: Online Games
ONLINE GAMES PC & CONSOLE GAMES MOBILE GAMES Flagship Self-Developed PC & Console Titles Self-Developed Mobile Games Mobile Games in Overseas Markets Licensed Mobile Games From Overseas Developers • FragPunk ranked No. 2 on PlayStation’s North America free-to-play download chart in May, following it
Slide 7: Youdao
YOUDAO USD million1 Youdao Net Revenues and Gross Margin • Youdao executed its AI Native Strategy effectively Net Revenues across both its learning and advertising businesses, delivering first second-quarter operating profit. 198 185 181 • For learning services, Youdao Lingshi continued to drive pro
Slide 8: NetEase Cloud Music
NETEASE CLOUD MUSIC USD million1 NetEase Cloud Music Net Revenues and Gross Margin Net Revenues • NetEase Cloud Music remained committed to 285 driving quality development across its core music 275 259 ecosystem. • Continued to expand its catalog of copyrighted content while strengthening its origin
Slide 9: Innovative Businesses and Others
INNOVATIVE BUSINESSES AND OTHERS USD million1 Innovative Businesses and Others NetEase Yanxuan Net Revenues and Gross Margin • Leading private-label consumer lifestyle brand in China Net Revenues 50.0% • Continued to strengthen its brand presence with highly popular products in focused categories 30
Slide 10: Financial Highlights
FINANCIAL HIGHLIGHTS USD billion1 Net Revenues Net Income Attributable to Shareholders (GAAP) 14.7 4.1 4.1 14.4 13.5 2.8 1.2 3.9 FY2022 FY2023 FY2024 2Q25 FY2022 FY2023 FY2024 2Q25 Value Returned to Shareholders Operating Cash Flow US$ FY2022 FY2023 FY2024 2Q25 Dividend per 5.5 $1.38700 $2.56485 $2.
Slide 11: ESG Performance
ESG PERFORMANCE MSCI Ratings S&P Global ESG Score Sustainalytics Ratings AA 52 14.3 Last Updated: October 2024 Last Updated: September 2024 Last Updated: August 2025 According to MSCI’s evaluation, NetEase has been selected as a NetEase is rated as a low-risk NetEase is a leader among 232 member of
Slide 12: Balance Sheet Summary
BALANCE SHEET SUMMARY 2024 2025 Dec 31, RMB Jun 30, RMB Jun 30, USD in millions (Unaudited) (Unaudited) ASSETS Current assets: Cash and cash equivalents 51,383 54,431 7,598 Time deposits 75,441 75,278 10,508 Other current assets 26,501 33,241 4,641 Total current assets 153,325 162,950 22,747 Propert
Slide 13: Income Statement Summary
INCOME STATEMENT SUMMARY 2Q24 1Q25 2Q25 2Q25 QoQ YoY in millions except per ADS data & percentage data RMB RMB RMB USD Change Change (Unaudited) (Unaudited) ` Total net revenues: 25,486 28,829 27,892 3,894 -3.2% 9.4% Games and related value-added services 20,056 24,048 22,806 3,184 -5.2% 13.7% Youda
Slide 14: Thank You
THANK YOU