2025-02-20 12:05Financial Performance - NetEase's market capitalization was $67.2 billion as of February 19, 2025[8] - Net revenues for 4Q24 reached $3.7 billion, a 1.4% decrease year-over-year[8, 43] - Net income attributable to the company's shareholders for 4Q24 was $1.2 billion, a 33.2% increase year-over-year[8, 43] - Basic net income per ADS (GAAP) for 4Q24 was $1.89[8] - Net cash stood at $18.0 billion as of December 31, 2024[8] Segment Performance - Games and related value-added services net revenues for 4Q24 were $2.91 billion, with online games accounting for 97% of this revenue[10] - Youdao's net revenues for 4Q24 were $184 million, with a gross margin of 47.8%[18] - NetEase Cloud Music's net revenues for 4Q24 were $258 million, with a gross margin of 31.9%[22] - Innovative businesses and others' net revenues for 4Q24 were $313 million, with a gross margin of 37.8%[26] Shareholder Returns - Total dividends declared in FY2024 amounted to $1.651 billion[38] - Share buybacks in FY2024 totaled $1.230 billion[38] ESG Performance - NetEase received an AA rating from MSCI, indicating a leadership position in the media & entertainment industry[8, 41]