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Netease Inc (HK:9999)
:9999
Earnings Data
Report Date
May 27, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.97Last Year’s EPS
2.82Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 2.04%
|Next Earnings Date:May 27, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted record revenue in the gaming segment and successful game launches, including the return of Blizzard games in China. However, there were significant declines in some segments such as Learning Services and NetEase Cloud Music, along with decreased gross profit margins, balancing the positive aspects.Company Guidance
During the NetEase 2024 Fourth Quarter and Fiscal Year Earnings Conference Call, management provided detailed guidance on the company's financial performance and strategic initiatives. NetEase reported total net revenue of RMB 105.3 billion for 2024, with RMB 83.6 billion sourced from games and related value-added services, setting a new record. The company achieved a 2% year-over-year increase in total revenue and a 3% rise in game-related revenue. They highlighted the success of new game launches, such as Marvel Rivals, which attracted over 40 million players and topped Steam's charts, and Where Winds Meet, which garnered over 50 million players within two weeks of its launch. NetEase also discussed the return of Blizzard games to China and their plans for further collaboration. The call included insights into non-GAAP financial measures, noting a non-GAAP net income attributable to shareholders of RMB 9.7 billion for the fourth quarter, reflecting a 31% year-over-year increase. The company emphasized its commitment to innovation, portfolio diversification, and international expansion, with plans to introduce several key games in the coming months.Record Revenue in Gaming Segment
NetEase achieved a total net revenue of RMB105.3 billion, with RMB83.6 billion from games and related services, marking new record highs and the 22nd consecutive year of revenue growth in online games.
Successful Game Launches
Marvel Rivals and Where Winds Meet both experienced impressive launches. Marvel Rivals attracted over 40 million players, and Where Winds Meet accumulated over 50 million players within two weeks of its launch.
Blizzard Games Return to China
The return of Blizzard games like World of Warcraft and Hearthstone to China was highly successful, with strong community enthusiasm and record-breaking events.
Youdao's First Annual Operating Profit
Youdao achieved its first-ever annual operating profit in 2024, with a focus on technology-driven innovation and profitability enhancement.
Cash Position and Dividend Declaration
NetEase's net cash position was RMB131.5 billion, up from RMB110.9 billion in 2023. A dividend of US$0.2424 per share or US$1.22 per ADS was declared for the fourth quarter.
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HK:9999 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HK:9999 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | HK$160.53 | HK$156.18 | -2.71% |
| Nov 14, 2024 | HK$118.54 | HK$117.46 | -0.91% |
| Aug 22, 2024 | HK$136.86 | HK$139.79 | +2.14% |
| May 23, 2024 | HK$149.32 | HK$137.56 | -7.88% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Netease Inc (HK:9999) report earnings?
Netease Inc (HK:9999) is schdueled to report earning on May 27, 2025, TBA Not Confirmed.
What is Netease Inc (HK:9999) earnings time?
Netease Inc (HK:9999) earnings time is at May 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Netease Inc stock?
The P/E ratio of Netease Inc is N/A.
What is HK:9999 EPS forecast?
HK:9999 EPS forecast for the fiscal quarter 2025 (Q1) is 2.97.
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