Netease Stock Price, News & Analysis

Cloud Village Inc. (HKEX: 9899), a leading interactive music streaming service provider in China, is scheduled to report its financial results for the fiscal year 2021 on March 24, 2022. The announcement will include key financial performance metrics and business updates, which will be accessible on the company's investor relations website and the Hong Kong Stock Exchange. Founded by NetEase, Inc. (NASDAQ: NTES), Cloud Village focuses on user interaction and promoting emerging musicians, targeting China's Generation Z demographic.

NetEase (NTES) reported robust financial results for Q4 2021, with net revenues of RMB24.4 billion (US$3.8 billion), a 23.3% increase year-over-year. Online game services saw significant growth, generating RMB17.4 billion (US$2.7 billion), a 29.8% rise, while Youdao and Cloud Music also experienced revenue growth. Gross profit reached RMB12.9 billion (US$2.0 billion), marking a 30.1% increase compared to Q4 2020. The net income attributable to shareholders stood at RMB5.7 billion (US$893.5 million). The company is optimistic about 2022, expecting further growth with new game launches.

Warner Bros. Games and NetEase (NASDAQ: NTES) announced the upcoming global launch of Harry Potter: Magic Awakened, a free-to-play collectible card and multiplayer online game, set for release in 2022. Players from the Americas, Europe, and Oceania can pre-register on Google Play and the game's website for exclusive rewards. The game, already a hit in China since September 2021, topped local app stores and generated significant revenue. The collaboration aims to deliver an authentic wizarding experience with strategy elements and engaging gameplay.

NetEase, Inc. (NASDAQ: NTES) will announce its financial results for the fourth quarter and fiscal year 2021 on February 24, 2022, before U.S. markets open. A conference call is scheduled for 7:00 a.m. ET on the same day, where management will discuss the results and answer questions. Interested parties can join by calling 1-646-828-8073. A replay will be available until March 9, 2022. NetEase provides internet services and operates popular mobile and PC games, expanding into international markets such as Japan and North America.

Cloud Village Inc., a leading interactive music streaming service in China, has launched its Hong Kong Public Offering of 16,000,000 new ordinary shares. This offering consists of 1,600,000 shares for public sale in Hong Kong and 14,400,000 shares for international investors, with potential adjustments based on demand. The maximum offer price is set at HK$220.00 per share. Proceeds will be used for community development, technology enhancement, and strategic investments. The electronic application process for the offering starts on November 23, 2021, and ends on November 26, 2021.

NetEase, Inc. (NASDAQ: NTES) reported its third-quarter results for 2021, showing a net revenue of RMB 22.2 billion (US$3.4 billion), a year-over-year increase of 18.9%. Online game services contributed RMB 15.9 billion (US$2.5 billion) to revenues, up 14.7% from the previous year. Net income was RMB 3.2 billion (US$493.8 million), with basic net income per share of US$0.15. A quarterly dividend of US$0.045 per share was approved. The company continued to diversify its game portfolio with successful launches, including Naraka: Bladepoint and Harry Potter: Magic Awakened.

NetEase, Inc. (NASDAQ: NTES) will report its financial results for the third quarter of 2021 on November 16, 2021, before the U.S. market opens. An earnings teleconference will take place at 7:00 a.m. ET on the same day, where management will discuss the results and answer questions. Participants can join the call by dialing 1-646-828-8193, using conference ID 1483146. The conference will also be webcast live, with replays available for 12 months on the Investor Relations website.

NetEase reported a 12.9% increase in net revenues to RMB20.5 billion (US$3.2 billion) for Q2 2021, driven by a 5.1% rise in online game services to RMB14.5 billion (US$2.3 billion) and a remarkable 107.5% growth in Youdao to RMB1.3 billion (US$200.3 million). Gross profit rose 14.3% to RMB11.2 billion (US$1.7 billion), but operating expenses surged 32.2% to RMB7.4 billion (US$1.2 billion). Net income attributable to shareholders was RMB3.5 billion (US$548.5 million) with basic EPS at US$0.16. A quarterly dividend of US$0.0480 per share was declared, payable from September 27, 2021.