NETEASE, INC. NTES Income Statement

Netease, inc. (NTES)

Income statement / Yearly

Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10
Net revenues:
Services
6,555	4,860	-	-	-	-	-	857
Product
1,759	638	-	-	-	-	-	-
Total net revenues
8,315	5,498	-	-	-	-	-	-
Cost of revenues
Services
2,726	1,815	-	-	-	-	-	-
Product
1,605	563	-	-	-	-	-	-
Online game services
-	-	2,672	1,581	1,372	1,169	1,041	749
Advertising services
-	-	276	250	180	136	126	95
E-mail, e-commerce and others
-	-	571	179	-	-	-	-
E-mail, WVAS and others
-	-	-	-	60	38	19	12
Total revenues
-	-	-	2,011	1,614	1,345	1,187	-
Sales tax expense
-	-	-	123	94	28	28	-
Business tax benefit/(expense)
-	-	-	-	-	-	-	23
Total net revenues
-	-	3,520	1,887	1,519	1,316	1,158	834
Total Cost of revenues
4,332	2,378	1,450	525	409	413	376	272
Gross profit
3,982	3,120	2,069	1,362	1,109	902	781	561
Operating expenses:
Selling and marketing expenses
1,069	645	456	305	180	145	134	99
General and administrative expenses
373	216	156	75	57	45	44	28
Research and development expenses
671	438	333	213	152	115	73	48
Total operating expenses
2,114	1,301	946	594	390	306	253	176
Operating profit
1,868	1,818	1,122	767	718	595	528	385
Other income/(expenses):
Investment income, net
55	28	9	4	6	7	2	0
Interest income
102	78	92	96	83	67	41	21
Exchange gains/(losses)
-68	21	20	-2	-2	-0	-12	-13
Other, net
42	54	6	13	15	16	15	-2
Income before tax
1,999	2,001	1,252	879	821	686	574	390
Income tax
332	302	196	106	87	111	62	52
Net income
1,667	1,698	1,055	772	734	575	512	338
Net income attributable to noncontrolling interests
19	-	-	-	-	-	-	-
Net income attributable to redeemable noncontrolling interests
2	-	-	-	-	-	-	-
Net income attributable to the NetEase, Inc.'s shareholders
1,645	-	-	-	-	-	-	-
Net income attributable to noncontrolling interests and mezzanine classified noncontrolling interests
-	27	15	6	0	-8	-1	-0
Net income attributable to the NetEase, Inc.'s shareholders
-	1,671	1,039	766	734	583	513	338
Net income
1,667	1,698	1,055	772	734	575	512	338
Other comprehensive income
Unrealized gains/(losses) on available-for-sale securities, net of tax
-3	-33	4	-	-	-	-	-
Reclassification adjustment for losses on available-for-sale securities recorded in net income, nil of tax
-	38	-	-	-	-	-	-
Foreign currency translation adjustment
-0	-	-	-	-	-	-	-
Total other comprehensive income
-3	4	-	-	-	-	-	-
Total comprehensive income
1,663	1,703	1,059	772	734	575	-	-
Comprehensive income attributable to noncontrolling interests and redeemable noncontrolling interests
21	27	15	6	0	-8	-	-
Comprehensive income attributable to the NetEase, Inc.'s shareholders
1,641	1,676	1,043	766	734	583	513	338
Net income per share, basic (in CNY and dollars per share)
0.50	0.51	0.32	0.24	0.23	0.18	0.16	0.10
Net income per ADS, basic (in CNY and dollars per share)
12.50	12.73	7.91	5.87	5.65	4.45	3.93	2.61
Net income per share, diluted (in CNY and dollars per share)
0.50	0.51	0.31	0.23	0.23	0.18	0.16	0.10
Net income per ADS, diluted (in CNY and dollars per share)
12.41	12.63	7.86	5.85	5.64	4.44	3.92	2.60
Weighted average number of ordinary shares outstanding, basic (in shares)
3,290	3,281	3,284	3,264	3,247	3,282	3,265	3,246
Weighted average number of ADS outstanding, basic (in shares)
131	131	131	130	129	131	130	129
Weighted average number of ordinary shares outstanding, diluted (in shares)
3,315	3,307	3,305	3,277	3,256	3,288	3,276	3,261
Weighted average number of ADS outstanding, diluted (in shares)
132	132	132	131	130	131	131	130