NetEase, Inc. Announces Filing of Annual Report on Form 20-F for Fiscal Year 2025

Rhea-AI Summary

NetEase (NASDAQ: NTES) announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 on April 15, 2026. Shareholders and ADS holders can request a free hard copy containing audited consolidated financial statements.

The annual report is available on the company investor relations website and hard-copy requests should be directed to the IR Department in Hong Kong at the address provided.

News Market Reaction – NTES

+2.00%

+2.00% Session close to close

In the Apr 15 session, NTES gained 2.00%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement confirms that NetEase has formally filed its Form 20‑F annual report for the year ...

Analysis

This announcement confirms that NetEase has formally filed its Form 20‑F annual report for the year ended December 31, 2025, making audited consolidated financial statements available to shareholders. It follows earlier unaudited fiscal‑year 2025 results, which highlighted substantial net revenues and non‑GAAP net income. Investors tracking the story may focus on details within the filed report, changes from prior disclosures, and how this documentation supports previously announced dividends, repurchases, and governance developments.

Key Figures

Fiscal year end: December 31, 2025 Fiscal year: 2025 Room number: Room 802, 8/F +5 more

8 metrics

Fiscal year end December 31, 2025 Fiscal year covered by Form 20-F

Fiscal year 2025 Annual report on Form 20-F for fiscal year 2025

Room number Room 802, 8/F Investor relations mailing address in Hong Kong

Street number No. 18 Hung Luen Road Investor relations mailing address

13F table value $397,042,694 Form 13F information table value total as of 08-14-2025

13F entries 2 entries Number of information table entries in Form 13F

AGM date June 25, 2025 2025 Annual General Meeting of Shareholders date

AGM notice date April 16, 2025 Date of AGM notice whose resolutions were passed

Historical Context

5 past events · Latest: Feb 11 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Feb 11	Youdao earnings	Positive	-4.1%	Youdao reported FY 2025 revenue growth and first full year positive cash flow.
Feb 11	NetEase earnings	Positive	-4.1%	NetEase posted strong FY 2025 revenues, high non-GAAP income, dividend and buybacks.
Jan 28	Youdao earnings date	Neutral	+1.5%	Announcement of timing and call details for Youdao’s Q4 and FY 2025 results.
Jan 28	NetEase earnings date	Neutral	+1.5%	Scheduling NetEase’s Q4 and FY 2025 earnings release and investor call.
Dec 26	Management change	Neutral	+0.9%	Retirement of EVP and gaming head, remaining as consultant through 2026.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent history shows strong earnings and capital return announcements sometimes followed by negative next-day reactions, while scheduling and governance updates saw modest gains.

Recent Company History

Over the last several months, NetEase has focused on earnings delivery, capital returns, and governance. On Feb 11, 2026, it reported Q4 and fiscal‑year 2025 unaudited results with net revenues of RMB112.6 billion and fiscal non‑GAAP net income of RMB37.3 billion, plus a US$0.232 dividend and a US$5.0 billion repurchase program, yet the stock fell 4.06%. Earlier, earnings-date announcements on Jan 28, 2026 and a management change on Dec 26, 2025 saw modestly positive price reactions. Today’s Form 20‑F filing fits the pattern of routine regulatory updates following prior financial disclosures.

Key Terms

form 20-f, audited consolidated financial statements, form 13f, form 6-k

4 terms

form 20-f regulatory

"announced that it filed its annual report on Form 20-F for the fiscal year"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

audited consolidated financial statements financial

"annual report containing the audited consolidated financial statements, free of charge"

A set of financial reports that combine a parent company and all its subsidiaries into one overall picture, examined and verified by an independent auditor. Think of it as a household budget that merges every family member’s accounts and is then checked by a neutral accountant; it gives investors a single, trustworthy view of the group’s assets, debts, income and cash flow. That independent check matters because it reduces the chance of hidden problems and helps investors compare companies on a level playing field.

form 13f regulatory

"filed a Form 13F reporting its institutional holdings as the reporting manager"

A Form 13F is a quarterly filing that large investment managers must submit to disclose their holdings in publicly traded stocks and certain other securities. It acts like a peek into the portfolios of big investors, helping other market participants see what large players are buying or selling and offering clues about investment trends, crowded trades, and potential market impact.

form 6-k regulatory

"submitted a Form 6-K as a foreign private issuer for August 2025"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HONG KONG, April 15, 2026 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or "the Company"), a leading internet and game services provider, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025. The annual report can be accessed on the Company's investor relations website at http://ir.netease.com/. 

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the IR Department, NetEase, Inc., Room 802, 8/F, China Life Centre, Tower A, One HarbourGate, No. 18 Hung Luen Road, Kowloon, Hong Kong, People's Republic of China at the contact information listed below.

About NetEase, Inc.

NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase") is a leading internet and game services provider centered around premium content. With extensive offerings across its expanding gaming ecosystem, the Company develops and operates some of the most popular and longest-running mobile and PC games available in China and globally.

Powered by one of the largest in-house game R&D teams focused on mobile, PC and console, NetEase creates superior gaming experiences, inspires players, and passionately delivers value for its thriving community worldwide. By infusing play with culture, and education with technology, NetEase transforms gaming into a meaningful vehicle to build a more entertaining and enlightened world.

Beyond games, NetEase service offerings include its majority-controlled subsidiaries Youdao (NYSE: DAO), an intelligent learning and advertising solutions provider, and NetEase Cloud Music (HKEX: 9899), a well-known online music platform featuring a vibrant content community, as well as Yanxuan, NetEase's private-label consumer lifestyle brand.

For more information, please visit: http://ir.netease.com/. 

Contact for Media and Investors:

Investor Relations
Email: ir@service.netease.com
Tel: (+86) 571-8985-3378

 

View original content:https://www.prnewswire.com/news-releases/netease-inc-announces-filing-of-annual-report-on-form-20-f-for-fiscal-year-2025-302743081.html

SOURCE NetEase, Inc.

FAQ

When did NetEase (NTES) file its Form 20-F for fiscal year 2025?

NetEase filed its Form 20-F on April 15, 2026. According to the company, the filing covers the fiscal year ended December 31, 2025 and the report is available on the company investor relations website for download or hard-copy request.

How can shareholders obtain a hard copy of NetEase's 2025 annual report (NTES)?

Shareholders can request a free hard copy by contacting NetEase's IR Department in Hong Kong. According to the company, requests should be sent to the IR Department address listed, which includes Room 802, China Life Centre, Tower A, One HarbourGate.

Where can investors access NetEase's 2025 Form 20-F online?

Investors can access the Form 20-F on NetEase's investor relations website at ir.netease.com. According to the company, the site hosts the annual report and related audited consolidated financial statements for the fiscal year ended December 31, 2025.

Does NetEase's filed 20-F include audited consolidated financial statements?

Yes, the company says the annual report contains audited consolidated financial statements. According to the company, the hard copy provided free on request will include those audited consolidated financial statements for fiscal year 2025.

Which stock exchanges list NetEase as referenced in the 20-F filing?

NetEase is listed on NASDAQ under the ticker NTES and on the Hong Kong exchange under code 9999. According to the company, both listings are noted in the Form 20-F filed for the fiscal year ended December 31, 2025.

Who should investors contact for questions about NetEase's 2025 annual report?

Investors should contact NetEase's IR Department in Hong Kong at the address provided in the filing. According to the company, contact details and the physical address for Room 802, China Life Centre, Tower A, One HarbourGate are listed for queries and requests.