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NetEase, Inc.

NTESNasdaqServices-Prepackaged SoftwareAlso trades as NETTF
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 15, 2026Score 8/30
$115.49+1.85 (+1.63%)

Close on Nov 2, 2026Market cap $73.73BP/E 14.7Yield –

NetEase Operating cash flow change in contract liabilities by Year

Operating cash flow change in contract liabilities (RMB M) ($M)

QuarterlyAnnual

NetEase Operating cash flow change in contract liabilities: $5,435M in 2025, up 168.8% from a year earlier. That is the highest of the 18 years on record here.

Latest, 2025
5,435
Period ended Dec 31, 2025
Change on a year earlier
+168.8%
2,022 in 2024
History
18 years
Since 2008
Sources
13
Documents cited below

Where the 2025 figure comes from

“|| Contract liabilities | (209,626 | ) | 2,579,424 | 1,048,151 | 149,884 | 2,022,196 | 5,435,054 | 777,202”

Source: NTES Form 6-K (Q4 2025 Earnings Release) ↗

Reported in NTES Form 6-K & Form 20-F Cash Flow Statement.

Annual history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedOperating cash flow change in contract liabilities (RMB M) ($M)Year on yearSource
2025Dec 31, 20255,435+168.8%NTES Form 6-K (Q4 2025 Earnings Release) ↗
2024Dec 31, 20242,022+74.0%NTES Form 6-K (Q4 2025 Earnings Release) ↗
2023Dec 31, 20231,162+201.5%NTES Form 6-K (Q4 2024 Earnings Release) ↗
2022Dec 31, 2022385-71.5%NTES Form 6-K (Q4 2023 Earnings Release) ↗
2021Dec 31, 20211,351-42.3%NTES Form 6-K (Q4 2022 Earnings Release) ↗
2020Dec 31, 20202,343+165.1%NetEase (NTES) 20-F, filed 2021-04-28 (financial database) ↗
2019Dec 31, 2019884-49.7%NetEase (NTES) 20-F, filed 2020-04-29 (financial database) ↗
2018Dec 31, 20181,758-227.8%NetEase (NTES) 20-F, filed 2020-04-29 (financial database) ↗
2017Dec 31, 2017-1,376-147.8%NetEase (NTES) 20-F, filed 2020-04-29 (financial database) ↗
2016Dec 31, 20162,880+7.3%NetEase (NTES) 20-F, filed 2017-04-21 (financial database) ↗
2015Dec 31, 20152,684+451.5%NetEase (NTES) 20-F, filed 2016-04-22 (financial database) ↗
2014Dec 31, 2014487+51.6%NetEase (NTES) 20-F, filed 2015-04-24 (financial database) ↗
2013Dec 31, 2013321+120.0%NetEase (NTES) 20-F, filed 2014-04-24 (financial database) ↗
2012Dec 31, 2012146-39.2%NetEase (NTES) 20-F, filed 2013-04-22 (financial database) ↗
2011Dec 31, 2011240+26.0%NetEase (NTES) 20-F, filed 2012-04-26 (financial database) ↗
2010Dec 31, 2010191+40.4%NetEase (NTES) 20-F, filed 2011-06-22 (financial database) ↗

Cite this data

StockData. (2026). NetEase Operating cash flow change in contract liabilities ($M), annual 2008–2025 [Data set]. Compiled from NetEase SEC filings and investor materials. https://stockdatahq.com/stocks/ntes/kpis/ntes-cf-change-contract-liabilities

See every metric in the NetEase KPI table. Data updated Nov 2, 2026.