| --- | --- | --- | --- | --- | |----------------------------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | N e t E a s e | | | | | | | | | | | | | | | | | | 4Q23 Investor Presentation | | | | | | | | | | | | Investor Relations Feb 29, 2024 | | | | | | | | | | | SAFE HARBOR STATEMENT This announcement contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities L ...

Financial Performance - NetEase reported Q4 2023 net revenue of RMB 27.1 billion (USD 3.8 billion), a year-over-year increase of 7.0%[3] - Revenue from games and related value-added services reached RMB 20.9 billion (USD 2.9 billion), up 9.6% year-over-year[3] - Youdao's revenue was RMB 1.5 billion (USD 208.5 million), reflecting a year-over-year increase of 1.8%[3] - Cloud Music revenue decreased to RMB 2.0 billion (USD 279.7 million), down 16.4% year-over-year[3] - The company reported a total net revenue of RMB 103.5 billion (USD 14.6 billion) for 2023, an increase from RMB 96.5 billion in 2022[13] - The gross profit for 2023 was RMB 63.1 billion (USD 8.9 billion), up from RMB 52.8 billion in 2022, with growth attributed to increased net income from online games and other services[14] - The company reported a total net income of RMB 74,566,471 thousand for the year ending December 31, 2023, compared to RMB 81,565,449 thousand for the previous year[28] Profitability - Gross profit for Q4 2023 was RMB 16.8 billion (USD 2.4 billion), representing a 27.0% year-over-year increase[3] - Net profit attributable to shareholders was RMB 6.6 billion (USD 927.1 million) for Q4 2023[4] - In Q4 2023, the net income attributable to shareholders was RMB 6.6 billion (USD 927.1 million), a decrease from RMB 7.8 billion in the previous quarter and an increase from RMB 4.0 billion year-over-year[12] - The non-GAAP net income attributable to shareholders for Q4 2023 was RMB 7.4 billion (USD 1 billion), compared to RMB 8.6 billion in the previous quarter and RMB 4.8 billion year-over-year[12] Expenses and Margins - The total operating expenses for Q4 2023 amounted to RMB 10 billion (USD 1.4 billion), up from RMB 9.4 billion in the previous quarter and RMB 8.8 billion year-over-year, primarily due to increased marketing and R&D expenditures in gaming and related value-added services[9] - The gross margin for gaming and related value-added services in Q4 2023 was 69.5%, up from 69.0% in the previous quarter and significantly higher than 59.1% year-over-year, driven by increased net income contribution from self-developed games[12] - The gross margin for Youdao in Q4 2023 was 49.9%, down from 55.9% in the previous quarter and 53.3% year-over-year, primarily due to decreased contributions from learning services[12] - The gross margin for Cloud Music in Q4 2023 was 30.3%, up from 27.2% in the previous quarter and 17.8% year-over-year, driven by increased subscription revenue and improved cost control[12] Cash and Investments - As of December 31, 2023, the company's net cash balance was RMB 110.9 billion (USD 15.6 billion), an increase from RMB 95.6 billion at the end of 2022[16] - The company's cash and cash equivalents increased to RMB 24,889,000 thousand from RMB 21,428,902 thousand, representing a growth of approximately 11.5%[24] - The company's short-term investments increased significantly to RMB 7,622,673 thousand from RMB 4,436,057 thousand, reflecting a growth of approximately 71.5%[24] Shareholder Returns - The board approved a quarterly dividend of $0.21597 per share, payable on March 25, 2024, for common stockholders and approximately $1.07985 for American Depositary Share holders[17] - The third quarter dividend was $0.0990 per share, which has already been paid in December 2023[17] - The company announced a share repurchase plan of up to $5 billion, initiated on January 10, 2023, with approximately 7.2 million American Depositary Shares repurchased for about $644.1 million as of December 31, 2023[18] User Engagement - Daily active users for "Party Animals" reached 40 million during the Spring Festival, with total registered users surpassing 500 million since its launch in 2022[5] - "Nirvana in Fire" mobile game series attracted over 100 million active users, showcasing strong user engagement[5] Corporate Responsibility and Innovation - The company emphasized its commitment to social responsibility by enhancing its anti-addiction system for minors in its gaming products[6] - NetEase's diverse product line in gaming has seen significant innovation, contributing to healthy revenue growth across various segments[6] - NetEase is a leading internet and gaming service provider, continuously expanding its gaming ecosystem with a rich product matrix[20] - The in-house R&D team focuses on mobile, PC, and console game development, enhancing user experience and community engagement[21] Market Outlook and Risks - Forward-looking statements indicate potential risks related to market growth, competition, and regulatory changes that may impact business performance[22] Assets and Liabilities - As of December 31, 2023, the total assets of the company amounted to RMB 172,760,985 thousand, a decrease from RMB 185,924,978 thousand on December 31, 2022[24] - The total liabilities rose to RMB 63,887,505 thousand, up from RMB 57,840,897 thousand, indicating an increase of about 10.5%[24] - The total equity attributable to shareholders decreased to RMB 104,731,317 thousand from RMB 124,285,776 thousand, a decline of about 15.7%[24] - The company's current liabilities totaled RMB 56,828,847 thousand, an increase from RMB 53,842,484 thousand, marking a rise of approximately 5.8%[24]

HANGZHOU, China , Feb. 29, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced its financial results for the fiscal year 2023 ended December 31, 2023. Summary of Key Financial and Operating Metrics (RMB in thousands, unless otherwise stated) Year ended 31 December 2023 2022       (Unaudited) (Unaudited) Financial Metrics Revenue 7,866,992 8,992,221 G ...

HANGZHOU, China, Feb. 29, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Net revenues were RMB27.1 billion (US$3.8 billion), an increase of 7.0% compared with the fourth quarter of 2022. Games and related value-added services net revenues were RMB20.9 billion (US ...

Financial Performance - Net revenues for Q4 2023 were RMB27.1 billion (US$3.8 billion), a 7.0% increase year-over-year[2] - Net revenues from games and related value-added services were RMB20.9 billion (US$2.9 billion), up 9.6% compared to Q4 2022[4] - Gross profit for Q4 2023 was RMB16.8 billion (US$2.4 billion), representing a 27.0% increase year-over-year[7] - Net income attributable to shareholders for Q4 2023 was RMB6.6 billion (US$927.1 million), down from RMB7.8 billion in the previous quarter[10] - Non-GAAP net income from continuing operations for Q4 2023 was RMB7.4 billion (US$1.0 billion), compared to RMB8.6 billion in the previous quarter[41] - For fiscal year 2023, net revenues were RMB103.5 billion (US$14.6 billion), an increase from RMB96.5 billion in fiscal year 2022[42] - Net income attributable to the Company's shareholders for fiscal year 2023 totaled RMB29.4 billion (US$4.1 billion), a 45.1% increase from RMB20.3 billion in fiscal year 2022[52] - Non-GAAP net income from continuing operations attributable to the Company's shareholders for fiscal year 2023 was RMB32.6 billion (US$4.6 billion), up 42.9% from RMB22.8 billion in fiscal year 2022[53] - Basic net income per share for the year ended December 31, 2023, was 9.15, compared to 6.23 in 2022, marking a 46.1% increase[73] - The company reported a net income from continuing operations of RMB 29,357,223 for the year ended December 31, 2023, up from RMB 19,218,426 in 2022[73] - Net income for the year ended December 31, 2023, was RMB 29,357,223, representing a significant increase from RMB 19,843,290 for the year ended December 31, 2022, reflecting a growth of approximately 48%[77] Revenue Breakdown - Net revenues from innovative businesses and others for Q4 2023 were RMB2.8 billion (US$387.7 million), a 12.9% increase year-over-year[6] - Cloud Music net revenues for Q4 2023 were RMB2.0 billion (US$279.7 million), a 16.4% decrease compared to Q4 2022[6] - Youdao's net revenues for Q4 2023 were RMB 1.48 billion, a slight decrease from RMB 1.45 billion in Q4 2022[78] - Total net revenues for the year ended December 31, 2023, reached RMB 103.47 billion, a 7.2% increase from RMB 96.50 billion in 2022[78] Profitability Metrics - The gross profit margin for games and related value-added services was 69.5% in Q4 2023, up from 59.1% in Q4 2022[28] - Gross profit for the year ended December 31, 2023, was RMB 63,063,394, up 19.5% from RMB 52,766,126 in 2022[73] - Operating profit for the year ended December 31, 2023, was RMB 27,709,144, reflecting a 41.4% increase compared to RMB 19,628,593 in 2022[73] - Cloud Music's gross profit margin improved to 30.3% in Q4 2023, up from 17.8% in Q4 2022[78] Expenses and Cash Flow - Total operating expenses for Q4 2023 were RMB10.0 billion (US$1.4 billion), a 13.0% increase year-over-year[8] - Total operating expenses for the year ended December 31, 2023, were RMB 35,354,250, an increase from RMB 33,137,533 in 2022[73] - Net cash provided by operating activities for fiscal year 2023 was RMB35.3 billion (US$5.0 billion), compared to RMB27.7 billion for fiscal year 2022, reflecting a 27.4% increase[54] - Cash flows from operating activities for the three months ended September 30, 2023, were RMB 9,843,920, compared to RMB 9,009,213 for the same period in 2022, indicating an increase of about 9%[77] Shareholder Returns - The Company initiated a share repurchase program of up to US$5.0 billion, with approximately 7.2 million ADSs repurchased for a total cost of US$644.1 million as of December 31, 2023[56] - The company declared a dividend of US$0.21597 per share for Q4 2023, payable on March 25, 2024[91] - The company paid dividends totaling RMB 2,423,355 to shareholders for the three months ended September 30, 2023, compared to RMB 2,018,984 for the same period in 2022[77] Balance Sheet Highlights - Net cash as of December 31, 2023, reached RMB110.9 billion (US$15.6 billion), an increase from RMB95.6 billion as of December 31, 2022[54] - Total assets increased to RMB185.9 billion (US$26.2 billion) as of December 31, 2023, up from RMB172.8 billion as of December 31, 2022[71] - Shareholders' equity rose to RMB124.3 billion (US$17.5 billion) as of December 31, 2023, compared to RMB104.7 billion as of December 31, 2022[71] Future Outlook - The company plans to continue its market expansion and product innovation strategies in 2024[78] - The Company’s management will host a teleconference call on February 29, 2024, to discuss quarterly results and answer questions[58]

NetEase (NTES) is set to report fourth-quarter 2023 results on Feb 29.The Zacks Consensus Estimate for fourth-quarter revenues currently stands at $3.96 billion, suggesting an increase of 7.6% from the figure reported in the year-ago quarter.The consensus mark for earnings has moved downward by 3 cents to $1.80 per share over the past 60 days, indicating a 68.2% increase from the year-ago quarter’s reported figure.The company’s earnings beat the Zacks Consensus Estimate thrice in the trailing four quarters ...

记者从交通运输部获悉，预计2024年2月12日，全国高速公路网流量将处于高位运行状态，部分热门城市、景区周边路网易发生拥堵，华北南部、黄淮大部及河南、湖北等地可能受到大雾影响，9—11时、15—17时为高峰时段，请密切关注路况，注意错峰出行。 交通运输部路网监测与应急处置中心发布春节假期公路出行信息提示，2月12日，预计热门城市路网及城际间公路：北京、广州、长沙、成都、西安周边路网，北京—石家庄、杭州—宁波、广州—深圳、成都—重庆、西安—郑州之间通道。 (责任编辑：王晨曦) ...

运营商财经网 易鑫/文 近期，金丝猴因违反食品安全法，被上海市浦东新区市场监督管理局罚款5万元。这是怎么一回事呢？公司董事长李旸对此知晓吗？ 据天眼查显示，在1月16日，上海金丝猴食品股份有限公司因生产经营其他不符合法律、法规或者食品安全标准的食品、食品添加剂，被上海市浦东新区市场监督管理局罚款5万元、没收违法所得545.7元，处罚决定文书号为沪市监浦处〔2024〕152023006521号。 处罚事由显示，经抽检，金丝猴公司委托漳州某食品公司生产的一款无边纯吐司“菌落总数项目”不合格。当事人共计委托受托方生产涉案产品200件（每件12袋，每袋 308克），成本价为4980元。至案发，当事人共计销售涉案产品107件，剩余93件因销售不佳产品过期当事人已自行销毁，上述产品共计货值金额6000元，违法所得545.7元。 金丝猴是国内不少人儿时的记忆，但经过多年的发展，其也历经多次被收购的坎坷。相关文章显示，在2018年7月，李旸从美国好时公司收购上海金丝猴食品股份有限公司及其旗下七家子公司和金丝猴品牌，使得金丝猴这个国人心目中的民族品牌得以回归。 据了解，金丝猴顺利回购后，李旸用了不到半年时间使其生产经营得以 ...

据央视新闻，交通运输部消息，预计2024年2月12日，全国高速公路网流量将处于高位运行状态，部分热门城市、景区周边路网易发生拥堵，华北南部、黄淮大部及河南、湖北等地可能受到大雾影响，9—11时、15—17时为高峰时段，请密切关注路况，注意错峰出行。 交通运输部路网监测与应急处置中心发布春节假期公路出行信息提示，2月12日，预计热门城市路网及城际间公路：北京、广州、长沙、成都、西安周边路网，北京—石家庄、杭州—宁波、广州—深圳、成都—重庆、西安—郑州之间通道。 海量资讯、精准解读，尽在新浪财经APP ...

HANGZHOU, China, Feb. 7, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899 or the "Company"), a well-known online music platform featuring a vibrant content community, today announced that it will report its financial results for the fiscal year of 2023 ended December 31, 2023 on Thursday, February 29, 2024, after the Hong Kong market closes.The Company's management will host an earnings conference call at 7:00 p.m. Beijing/Hong Kong Time on Thursday, February 29, 2024 (6:00 a.m. U.S. Eastern Time on the sa ...