| Market Capitalization (Millions $) |
15,409 |
| Shares
Outstanding (Millions) |
129 |
| Employees |
9 |
| Revenues (TTM) (Millions $) |
16,104 |
| Net Income (TTM) (Millions $) |
4,976 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
141 |
Business Description
NetEase, Inc. is a holding company based in the Cayman Islands. Its operations in China are carried out through its PRC subsidiaries and consolidated variable interest entities, or VIEs. However, we and our direct and indirect subsidiaries do not have any equity interests in the VIEs in practice, and it is virtually impossible for them to do so because PRC laws and regulations currently restrict foreign investment in companies that provide value-added telecommunication services.
We operate in a highly competitive, quickly changing environment, and player preferences for online games are difficult to predict. Our future success depends not only on the popularity of our existing online games but also on our ability to develop new high-quality online games and expand our game portfolio with games in a variety of genres that are in line with market trends and to successfully monetize such games. The development of successful new online games can be challenging and requires high levels of innovation, a deep understanding of the online game industry in China and the other markets where our games are published (including with respect to evolving business models), and an ability to anticipate and effectively respond to changing interests and preferences of game players in a timely manner. Moreover, each of our new games requires long periods of time for research and development and testing and also typically experiences a long ramp-up period as players become familiar with the game. If we are unsuccessful at developing and introducing new online games that are appealing to players with acceptable pricing and terms, our business, financial condition and results of operations will be negatively impacted because we would not be able to compete effectively and our ability to generate revenues would suffer.
Company Address: Room 802, 8/F, China Life Centre Kowloon 189772
Company Phone Number: 6980 0628 Stock Exchange / Ticker: NASDAQ NTES
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8.55%