Netease, inc. (NTES)
Balance Sheet / Quarterly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Assets
Current assets:
Cash and cash equivalents

424

783

937

325

240

255

351

194

Time deposits

4,703

2,788

2,252

2,981

2,746

2,102

1,541

1,241

Restricted cash

910

500

338

423

352

91

50

21

Accounts receivable, net

556

612

403

140

66

43

36

38

Inventories, net

841

227

126

-

-

-

-

-

Prepayments and other current assets

586

532

416

234

189

180

143

102

Short-term investments

1,497

1,668

773

331

148

172

-

-

Held-to-maturity investments

-

-

-

-

-

-

157

-

Deferred tax assets

-

77

63

32

21

23

17

10

Total current assets

9,521

7,189

5,311

4,469

3,765

2,868

2,299

1,610

Non-current assets:
Property, equipment and software, net

579

348

322

206

144

130

134

114

Land use right, net

91

84

36

12

1

1

1

1

Deferred tax assets

126

3

3

3

3

0

0

0

License rights

-

-

-

-

-

-

7

21

Time deposits

15

79

171

108

82

78

-

-

Restricted cash

0

296

185

-

-

-

-

-

Long-term investments

412

283

272

-

-

-

-

-

Other long-term assets

170

71

49

91

56

14

9

6

Total non-current assets

1,396

1,168

1,041

422

288

226

154

145

Total assets

10,917

8,358

6,353

4,892

4,054

3,094

2,453

1,755

Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable (including accounts payable of the consolidated VIEs without recourse to the primary beneficiaries of RMB917,264 and RMB941,358 as of December 31, 2016 and 2017, respectively)

375

201

108

66

36

25

21

19

Salary and welfare payables (including salary and welfare payables of the consolidated VIEs without recourse to the primary beneficiaries of RMB89,578 and RMB106,265 as of December 31, 2016 and 2017, respectively)

336

214

142

86

62

46

38

27

Dividend payable

-

-

-

-

-

130

-

-

Taxes payable (including taxes payable of the consolidated VIEs without recourse to the primary beneficiaries of RMB43,309 and RMB22,058 as of December 31, 2016 and 2017, respectively)

240

248

113

53

12

62

62

43

Short-term loans

1,018

549

350

330

161

-

-

-

Deferred revenue (including deferred revenue of the consolidated VIEs without recourse to the primary beneficiaries of RMB7,223,764 and RMB5,853,904 as of December 31, 2016 and 2017, respectively)

958

1,084

718

317

244

186

161

117

Accrued liabilities and other payables (including accrued liabilities and other payables of the consolidated VIEs without recourse to the primary beneficiaries of RMB1,697,195 and RMB1,966,436 as of December 31, 2016 and 2017, respectively)

721

463

342

218

158

122

79

68

Deferred tax liabilities

-

51

25

16

24

-

-

-

Total current liabilities

3,650

2,813

1,801

1,088

699

574

362

277

Long-term payable:
Deferred tax liabilities

32

4

12

-

-

-

-

0

Other long-term payable (including long-term payable of the consolidated VIEs without recourse to the primary beneficiaries of nil and RMB7,500 as of December 31, 2016 and 2017, respectively)

2

0

13

17

23

16

10

5

Total long-term payable

-

-

-

-

-

-

10

5

Total liabilities

3,685

2,818

1,826

1,106

723

590

372

282

Commitments and contingencies (See Note 21)

0

0

0

0

0

-

0

0

Redeemable noncontrolling interests

94

-

-

21

-

-

-

-

Shareholders' equity:
Ordinary shares, US$0.0001 par value: 1,000,300,000 shares authorized, 3,281,480 shares issued and outstanding as of December 31, 2016 and 3,283,217 shares issued and outstanding as of December 31, 2017

0

0

0

0

0

0

-

0

Ordinary shares, US$0.0001 par value: 1,000,300,000 shares authorized,3,252,364 shares issued and outstanding as of December 31, 2010 and 3,273,937 shares issued and outstanding as of December 31, 2011

-

-

-

-

-

-

0

-

Additional paid-in capital

269

235

274

197

141

185

159

128

Treasury stock

-

-

-

-

-

67

-

-

Statutory reserves

185

167

156

151

145

101

75

48

Accumulated other comprehensive income

5

8

4

-

-

-

-

-

Retained earnings

6,567

5,088

4,078

3,420

3,057

2,296

1,850

1,297

NetEase, Inc's shareholders' equity

7,028

5,500

4,513

3,769

3,344

2,516

2,085

1,475

Noncontrolling interests

108

39

12

-5

-12

-12

-4

-2

Total shareholders' equity

7,136

5,539

4,526

3,764

3,331

2,504

2,081

1,473

Total liabilities, redeemable noncontrolling interests and shareholders' equity

10,917

8,358

6,353

4,892

4,054

3,094

2,453

1,755