NetEase Quarterly Balance Sheet
NASDAQ: NTESTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
NetEase financial position
As of Dec 31, 2025, NetEase reported total assets of $31.66 billion, up 31.3% from a year earlier against total liabilities of $8.05 billion. Shareholders' equity stood at $22.92 billion, or 72.4% of assets. The company held $6.74 billion in cash and equivalents.
The current ratio (current assets divided by current liabilities) was 3.45, meaning short-term assets cover obligations due within a year.
Summary generated from market data by MetaCap's automated system. Methodology
NetEase balance sheet (quarterly)
| Quarter (USD) | Q4 20252025-12-31 | Q4 20242024-12-31 | Q4 20232023-12-31 | Q4 20222022-12-31 | Q4 20212021-12-31 | Q4 20202020-12-31 | Q4 20192019-12-31 | Q4 20182018-12-31 | Q4 20172017-12-31 | Q4 20162016-12-31 | Q4 20152015-12-31 | Q4 20142014-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 6.74B | 7.04B | 3.02B | 3.61B | 2.28B | 1.40B | 466.31M | 783.83M | 424.84M | 836.04M | 874.48M | 312.06M |
| Short-Term Investments | 3.26B | 1.47B | 624.81M | 1.11B | 1.93B | 2.03B | 2.20B | 1.70B | 1.50B | 1.67B | 773.95M | 331.78M |
| Receivables | 763.30M | 776.65M | 904.58M | 725.35M | 864.32M | 701.37M | 598.89M | 623.74M | 556.34M | 612.31M | 403.56M | 140.72M |
| Inventory | 98.55M | 78.30M | 97.94M | 144.06M | 151.39M | 95.20M | 93.45M | 729.81M | 841.48M | 227.30M | 126.24M | — |
| Total Current Assets | 25.83B | 21.01B | 20.10B | 19.08B | 17.75B | 16.53B | 12.22B | 9.99B | 9.52B | 7.19B | 5.31B | 4.47B |
| Property, Plant & Equipment | 1.20B | 1.17B | 1.14B | 919.55M | 852.69M | 698.15M | 663.87M | 782.28M | 579.34M | 348.48M | 322.96M | 206.50M |
| Long-Term Investments | 2.64B | 2.77B | 3.07B | 2.69B | 2.95B | 1.79B | 1.33B | 763.01M | 412.64M | 283.74M | 272.42M | — |
| Total Assets | 31.66B | 26.85B | 26.19B | 25.05B | 24.11B | 21.74B | 16.11B | 12.65B | 10.92B | 8.36B | 6.35B | 4.89B |
| Accounts Payable | 91.97M | 98.72M | 124.09M | 218.51M | 154.58M | 173.86M | 174.14M | 346.86M | 375.41M | 201.09M | 108.15M | 66.20M |
| Total Current Liabilities | 7.49B | 6.80B | 7.58B | 8.24B | 7.92B | 7.16B | 5.49B | 5.11B | 3.65B | 2.81B | 1.80B | 1.09B |
| Long-Term Debt | — | 58.63M | 60.28M | 529.92M | 200.10M | — | — | — | — | — | — | — |
| Total Liabilities | 8.05B | 7.33B | 8.15B | 9.26B | 8.51B | 7.37B | 5.61B | 5.17B | 3.69B | 2.82B | 1.83B | 1.11B |
| Shareholders' Equity | 22.92B | 19.00B | 17.51B | 15.18B | 14.96B | 12.59B | 8.83B | 6.58B | 7.03B | 5.50B | 4.51B | 3.77B |
| Retained Earnings | 21.41B | 17.86B | 15.81B | 13.20B | 12.16B | 9.83B | 8.10B | 6.40B | 6.57B | 5.09B | 4.08B | 3.42B |
| Total Debt | — | 58.63M | 60.28M | 529.92M | 200.10M | — | — | — | — | — | — | — |
| Net Cash (Debt) | 10.01B | 8.45B | 3.58B | 4.18B | 4.00B | 3.43B | 2.67B | 2.48B | 1.92B | 2.50B | 1.65B | 643.84M |
| Shares Outstanding | 3.19B | 3.17B | 3.21B | 3.22B | 3.27B | 3.35B | 3.23B | 3.20B | 3.28B | 3.28B | 3.29B | 3.27B |
This table shows 12 quarterly periods of NetEase's balance sheet, from Q4 2025 back to Q4 2014, across 17 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow NTES's reporting calendar. What is a balance sheet?