Financial Statements

NetEase, Inc. (NTES)

$96.87

+1.52 (+1.59%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 64,16356,39443,99742,733-
Net Income 16,85712,06321,2386,15210,708
Stock Dividends -77,511-13-1-3,44835,283
Dividend Paid -3,508-4,280-8,841-1,440-3,258
Retained Earnings -64,16356,39443,99742,733

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 5,3295,0855,3793,769-
Annual Depreciation 3,2153,5343,0368,4956,294
Capital Expenditure -3,110-3,290-3,329-6,886-2,524
Net PPE 5,4345,3295,0855,3793,769

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) ----319
New Purchases -48,271-58,900-101,588-115,142-103,125
Intangible and Goodwill ---319-

NetEase, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes NetEase, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.