HANGZHOU, China, May 13, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced that it has entered into a licensing agreement for digital music distribution ("the Agreement") with Kakao Entertainment Corp. ("Kakao Entertainment"), a leading entertainment company in South Korea, granting NetEase Cloud Music the right to distribute Kakao Entertainment's music catalog in China. Under the terms ...

HANGZHOU, China, April 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 that it has entered into a licensing agreement for digital music distribution ("the Agreement") with JYP ENTERTAINMENT Corp. ("JYP Entertainment"), a leading entertainment company in South Korea, granting NetEase Cloud Music the right to distribute JYP Entertainment's music catalog in China. Under the terms of ...

Annual Report and ESG Report - NetEase filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, which includes audited consolidated financial statements and is available on the Company's investor relations website [1] - The Company will provide a hard copy of the annual report free of charge to shareholders and ADS holders upon request [1] - NetEase published its 2023 Environmental, Social, and Governance (ESG) Report, detailing progress and performance in key ESG areas, accessible on the Company's investor relations website [2] Company Overview - NetEase is a leading internet and game services provider, focusing on premium content and operating popular mobile and PC games in China and globally [3] - The Company has one of the largest in-house game R&D teams, creating superior gaming experiences and delivering value to its global community [3] - NetEase integrates culture and technology into gaming, aiming to build a more entertaining and enlightened world [3] Subsidiaries and Services - NetEase's majority-controlled subsidiaries include Youdao, an intelligent learning company with industry-leading technology, and Cloud Music, a well-known online music platform [4] - The Company also operates Yanxuan, a private label consumer lifestyle brand [4]

FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-------|--------------------------------------------------------| | | NETEASE, INC. | | | (Exact name of Registrant as specified in its charter) | | | N/A | | | (Translation of Registrant's name into English) | | | Cayman Islands | Table of Contents Indicate the number of outstanding shares of each of the issuer's classes of capital or common stock as of the close of the period covered ...

11 Apr 2024 Renewed agreement with Blizzard; expect games revenue growth to reaccelerate in 2H24E NetEase on 10 Apr announced the renewal of publishing agreement with Blizzard Entertainment to bring Blizzard game titles back to China. Popular titles such as World of Warcraft, Hearthstone, and Diablo will return to the Chinese market sequentially starting in summer 2024. NetEase also reached an agreement with Microsoft to bring NetEase titles to Xbox and other platforms. We expect the return of Blizzard game ...

交银国际研究 公司更新 网易 (NTES US) 暴雪恢复合作对短期业绩影响有限，提升海外长期合作空间 近期流水更新：我们根据第三方追踪的网易流水数据显示，《射雕》（3 月 28 日上线）表现不及预期，估算手游首月流水 1-2 亿元，低于我们此前 预期的 5-8 亿元，《逆水寒》3 月流水降至 7 亿元，考虑新游上线或集中 在 2 季度末，我们预计网易 1 季度/2 季度手游收入同比增速约为 10%，略 低于此前预期，后续《永劫无间手游》、《燕云十六声》等新游确立上线 时间将为游戏增长带来更多确定性。预计全年游戏收入增 12%，其中端游 /手游分别增 15%/10%。 估值：我们基于近期流水波动，下调 2024 年收入/利润预期 2%/4%，基于 18 倍 2024 年游戏市盈率不变，目标价从 135 美元/206 港元下调至 127 美 元/194 港元（9999 HK），期待今年重磅手游《永劫无间手游》、《燕云 十六声》上线提振游戏收入增长，维持买入。 收盘价 目标价 潜在涨幅 美元 100.62 美元 127.00↓ +26.2% 互联网 2024 年 4 月 10 日 4 月 10 日暴雪中国与网易共 ...

HANGZHOU, China, March 18, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced that the Company will be featured in multiple sessions to share trail-blazing game development expertise at the 2024 Game Developers Conference (GDC). Showcasing top-notch technologies at GDC, the premier professional event in the gaming industry, the featured presentations will highlight how NetEase has b ...

Several companies have been delivering positive news to shareholders lately, including announcements of higher dividend payouts. A company opts to raise its dividend when confident in its current standing and cash-generating abilities. Of course, it also reflects the company’s commitment to returning value to shareholders, which is undoubtedly encouraging.Three companies — NetEase (NTES) , Verisk Analytics (VRSK) , and Waste Management (WM) — recently declared dividend hikes. For those with an appetite for ...

[Table_Contacts] 游戏基本盘稳固，多款武侠自研游戏今年上线 [Table_Summary] 核心观点： ⚫ 公司披露 23Q4 业绩：23Q4 营业收入 271.40 亿元，YOY+7.04%。Q4 毛利润 168 亿元，同增 27%，毛利率 61.99%。23Q4 GAAP 归母净利 润 65.82 亿元，Non-GAAP 归母净利润 73.79 亿元，Non-GAAP 归母 净利率为 27.19%。2023 年实现营业收入 1035 亿元，同增 7.23%， 2023 年 GAAP 归母净利润为 294.17 亿元， Non-GAAP 归母净利润 326.08 亿元，Non-GAAP 归母净利率为 31.52%。 | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------|----------------------|-------|--------|-----------------------------------|-------------|--- ...

收盘价 目标价 潜在涨幅 美元 107.92 美元 135.00 +25.1% 网易 (NTES US) 4 季度业绩不及预期。收入同比增 7%至 271 亿元（人民币，下同），较我 们及市场预期低 4%，调整后净利润增 53%至 74 亿元，较我们及市场预期 低 7%，主要因游戏收入低于预期（5%），以及游戏推广投入增加所致。 游戏/增值服务/有道/云音乐收入同比+12%/-12%/+2%/-16%，有道及云音乐 收入增长及盈利能力提升趋势符合预期。游戏及增值服务毛利润率为 69.5%，环比提升 50bps。 营销推广费用同比增 24%，占收比为 15.6%，环 比/同比均有2个百分点的提升，主要与《蛋仔派对》应对竞争在竞品上线 前增加投放所致。 4 季度要点：手游/端游收入同比+29%/-23%，手游收入增长主要受《逆水 寒》及《蛋仔派对》带动，较预期低的原因或与季节性波动及收入摊销周 期差异所致，端游收入受代理终止的影响，预计 2024 年影响结束。 《蛋 仔派对》春节期间 DAU 突破 4000 万，日均流水超过 1 月的 2 倍，与竞品 拉开差距，证明营销投入带来可观回报，作为大DAU游戏，《蛋仔派 ...