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Income Statement (NONE)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 26.7B | 2.1% |
| Gross Profit | 16.3B | 1.2% |
| Cost of Revenue | 10.5B | 7.6% |
| Operating expense | 8.45B | 9.4% |
| Net Income | 8.77B | 34.1% |
| EBITDA | 8.52B | 11.1% |
Balance Sheet (NONE)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 196B | 6% |
| Total Liabilities | 53.5B | 8.8% |
| Total Equity | 139B | 4.9% |
| Shares Outstanding | 3.21B | 1.5% |
Cash Flow (NONE)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 13B | 23% |
| Cash from financing | -2.46B | 70.9% |
Financial Highlights for NetEase in Q4 '24
NetEase reported a revenue of 26.7B, which is a 2.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 16.3B, marking a -1.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 10.5B, a 7.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 8.45B, showing a -9.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 8.77B, showing a 34.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 8.52B, showing a 11.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
NetEase faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
