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Consolidated Statements of Cash Flows
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2021
CNY (¥)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
CNY (¥)
Dec. 31, 2019
CNY (¥)
Cash flows from operating activities:        
Net income ¥ 16,976,190 $ 2,663,935 ¥ 12,330,235 ¥ 21,431,126
Net income from discontinued operations       (7,962,519)
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 3,275,727 514,033 3,457,782 2,613,782
Fair value change of equity security investments and other financial instruments (471,880) (74,048) (720,565) (751,693)
Impairment losses on investments and other intangible assets 100,424 15,759 58,395 177,567
Share-based compensation cost 3,041,492 477,276 2,663,489 2,404,089
(Reversal of)/Allowance for doubtful accounts/expected credit losses 265,930 41,730 40,600 (28,583)
Losses on disposal of property, equipment and software 54,052 8,482 6,482 5,122
Unrealized exchange (gains)/losses 488,604 76,673 3,102,492 (9,981)
Gains on disposal of long-term investments, business and subsidiaries (186,920) (29,332) (27,063) (98,489)
Deferred income taxes 407,948 64,016 88,179 150,629
Share of results on equity method investees and revaluation results from previously held equity interest (1,573,068) (246,849) (302,602) (4,322)
Fair value changes of short-term investments (639,757) (100,392) (580,732) (657,606)
Changes in operating assets and liabilities:        
Accounts receivable (1,186,586) (186,201) (530,413) (11,314)
Inventories (343,587) (53,916) 29,699 415,057
Prepayments and other assets 640,349 100,485 (13,554) (1,488,564)
Accounts payable (155,262) (24,364) (86,352) 13,229
Salary and welfare payables 505,334 79,298 528,927 146,146
Taxes payable 255,060 40,024 1,126,648 (133,801)
Deferred revenue 1,351,261 212,042 2,342,916 883,742
Accrued liabilities and other payables 2,121,416 332,896 1,373,608 (182,646)
Net cash provided by continuing operating activities 24,926,727 3,911,547 24,888,171 16,910,971
Net cash provided by discontinued operating activities       305,487
Net cash provided by operating activities 24,926,727 3,911,547 24,888,171 17,216,458
Cash flows from investing activities:        
Purchase of property, equipment and software (1,601,830) (251,362) (1,055,572) (1,209,477)
Proceeds from sale of property, equipment and software 71,524 11,224 17,540 60,601
Purchase of intangible assets, content and licensed copyrights (1,508,179) (236,666) (2,234,915) (2,119,307)
Net change of short-term investments with terms of three months or less 3,694,890 579,809 (1,655,930) (1,023,165)
Purchase of short-term investments (15,285,000) (2,398,550) (19,905,000) (22,370,000)
Proceeds from maturities of short-term investments 13,235,845 2,076,993 24,126,210 20,225,342
Investment in equity method investees (1,124,429) (176,447) (345,662) (450,695)
Investment in other equity investments and acquisition of subsidiaries (5,417,138) (850,068) (2,062,030) (1,111,493)
Proceeds from disposal of investment in equity investees, businesses and subsidiaries 1,115,457 175,039 722,076 406,702
Placement/rollover of time deposits (81,298,080) (12,757,443) (91,518,767) (77,083,350)
Proceeds from maturity of time deposits 81,307,297 12,758,889 64,880,317 54,381,647
Change in other long-term assets (268,651) (42,157) (160,674) (42,345)
Amounts received from disposed businesses       9,031,051
Net cash used in continuing investing activities (7,078,294) (1,110,739) (29,192,407) (21,304,489)
Net cash used in discontinued investing activities       (832,252)
Net cash used in investing activities (7,078,294) (1,110,739) (29,192,407) (22,136,741)
Cash flows from financing activities:        
Net changes from short-term loan with terms of three months or less (442,207) (69,392) 3,723,109 2,538,267
Proceeds of short-term and long-term loan 4,447,586 697,923 1,136,495 730,087
Repayment of short-term loan (2,297,135) (360,471) (818,539) (296,823)
Dividends paid to shareholders (3,508,377) (550,541) (4,280,462) (8,840,634)
Net amounts received from/(paid for) NetEase's issuance of shares in Hong Kong (13,800) (2,165) 21,911,815  
Repurchase of redeemable noncontrolling interests     (462,650)  
Proceeds from issuance of redeemable noncontrolling interest shareholders, net of issuance cost       5,242,180
Capital injection from noncontrolling interest shareholders 2,870,147 450,389 194,307 1,698,810
Dividends paid to noncontrolling interest shareholders (731,250) (114,749)    
Cash refund received from/(paid for) repurchase of NetEase's ADSs/purchase of subsidiaries' ADSs and shares (12,910,533) (2,025,944) (11,490,988) 10,638
Net cash provided by/(used in) financing activities [1] (12,585,569) (1,974,950) 9,913,087 1,082,525
Effect of exchange rate changes on cash, cash equivalents and restricted cash held in foreign currencies (55,354) (8,686) 161,894 29,080
Net (decrease)/increase in cash, cash equivalents and restricted cash 5,207,510 817,172 5,770,745 (3,808,678)
Cash, cash equivalents and restricted cash, beginning of the year 12,168,605 1,909,520 6,397,860 10,206,538
Cash, cash equivalents and restricted cash, end of the year 17,376,115 2,726,692 12,168,605 6,397,860
Less: Cash, cash equivalents and restricted cash of held for sales at end of the year       1,133
Cash, cash equivalents and restricted cash of continuing operations, end of the year 17,376,115   12,168,605 6,396,727
Supplemental disclosures of cash flow information of continuing operation:        
Cash paid for income taxes, net of tax refund 3,547,299 556,649 2,046,119 3,193,802
Cash paid for interest expenses 187,628 29,443 246,051 431,395
Supplemental schedule of non-cash investing and financing activities of continuing operation:        
Fixed asset purchases financed by accounts payable and accrued liabilities ¥ 698,192 $ 109,562 ¥ 337,333 ¥ 304,944
[1] There is no financing activity from discontinued operations.