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Segment Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Information  
Summary of the Group's operating segment results There was no significant transaction between reportable segments for the years ended December 31, 2022, 2023 and 2024.

For the year ended December 31, 

    

2022

    

2023

    

2024

RMB

RMB

RMB

Net revenues:

Games and related value-added services

 

74,566,471

81,565,449

83,622,643

Youdao

 

5,013,182

5,389,208

5,625,919

NetEase Cloud Music

8,992,221

7,866,992

7,950,146

Innovative businesses and others

 

7,923,935

8,646,510

8,096,528

Total net revenues

 

96,495,809

103,468,159

105,295,236

Cost of revenues:

Games and related value-added services

 

(27,784,419)

(25,938,865)

(26,142,623)

Youdao

 

(2,430,738)

(2,621,746)

(2,877,428)

NetEase Cloud Music

(7,699,103)

(5,764,322)

(5,268,634)

Innovative businesses and others

 

(5,815,423)

(6,079,832)

(5,199,467)

Total cost of revenues

 

(43,729,683)

(40,404,765)

(39,488,152)

Gross profit:

Games and related value-added services

 

46,782,052

55,626,584

57,480,020

Youdao

 

2,582,444

2,767,462

2,748,491

NetEase Cloud Music

1,293,118

2,102,670

2,681,512

Innovative businesses and others

 

2,108,512

2,566,678

2,897,061

Total gross profit

 

52,766,126

63,063,394

65,807,084

Schedule of disaggregation of net revenues by timing of revenue recognition

The following table set forth the disaggregation of net revenues by timing of revenue recognition for the years ended December 31, 2022, 2023 and 2024 (in thousands):

For the year ended December 31, 

    

2022

    

2023

    

2024

RMB

RMB

RMB

A point in time

23,322,675

27,140,994

24,144,017

Over time

73,173,134

76,327,165

81,151,219

Total Net revenue

 

96,495,809

 

103,468,159

 

105,295,236

Schedule of total depreciation and amortization expenses of property, equipment and software recorded under cost of revenues by segment

The following table presents the total depreciation and amortization expenses of property, equipment and software recorded under cost of revenues by segment for the years ended December 31, 2022, 2023 and 2024 (in thousands):

For the year ended December 31, 

    

2022

    

2023

    

2024

RMB

RMB

RMB

Games and related value-added services

 

339,300

223,156

246,422

Youdao

 

11,610

9,275

9,119

NetEase Cloud Music

6,044

2,452

3,027

Innovative businesses and others

 

129,693

60,126

47,084

Total depreciation expenses of property and equipment

 

486,647

295,009

305,652