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NetEase Inc.
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Financials

Cash flow

Fundamentals currency is CNY
Fiscal date Sep 2025 Jun 2025 Mar 2025 Dec 2024
Operating activities 12.3B 10.9B 15.1B 14.9B
Net income 9.7B 10.0B 11.6B 9.8B
Depreciation 682.0M 472.9M 530.7M 769.8M
Deferred taxes -1.0B -942.4M 362.3M 446.0M
StockBased compensation 995.8M 1.0B 1.1B 1.0B
Other non cash items
Accounts receivable -215.0M 1.1B -1.2B 571.6M
Accounts payable 17.7M 132.1M -163.4M 241.4M
Other assets liabilities 2.2B -874.9M 2.8B 2.0B
Investing activities -27.0B 4.6B -13.8B 20.4B
Capital expenditures -311.7M -185.8M -499.7M -334.1M
Net intangibles -210.8M -345.9M -329.8M -132.9M
Net acquisitions
Purchase of investments -63.8B -40.3B -64.9B -24.4B
Sale of investments 37.1B 45.2B 51.6B 45.2B
Other investing activity 83.2M -30.2M -748.4K -81.2M
Financing activities -7.1B -2.2B -9.1B -2.7B
Long term debt issuance 1.6B 1.4B 3.0B 504.4M
Long term debt payments -6.5B -2.0B -3.2B 0
Short term debt issuance 592.6M 2.2B -2.5B 669.0M
Common stock issuance 38.9M
Common stock repurchase -392.5M -335.1M -1.8B
Common dividends -2.9B -3.4B -6.2B -2.2B
Other financing charges 19.9M 46.8M 46.9M 57.0M
End cash position 44.1B 64.2B 50.1B 60.1B
Income tax paid 2.2B 2.4B 1.3B 666.1M
Interest paid 229.5M 71.0M 107.5M 26.9M
Free cash flow 13.8B 11.4B 12.5B 13.9B
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