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Consolidated Statements of Cash Flows
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2024
CNY (¥)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
CNY (¥)
Dec. 31, 2022
CNY (¥)
Cash flows from operating activities:        
Net income ¥ 30,256,347 $ 4,145,103 ¥ 29,357,223 ¥ 19,843,290
Net income from discontinued operations       (624,864)
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 2,417,894 331,250 3,055,260 2,858,209
Fair value changes of equity security, other investments and financial instruments (841,901) (115,340) (535,316) 3,104,336
Impairment losses on investments 1,291,627 176,952 469,159 300,249
Share-based compensation cost 3,882,939 531,960 3,242,810 3,174,160
Allowance for expected credit losses 68,934 9,444 61,146 61,393
Losses/(gains) on disposal of property, equipment and software (4,758) (652) 5,676 3,620
Unrealized exchange (gains)/losses (719,162) (98,525) 119,935 (1,604,260)
Gains on disposal of long-term investments, business and subsidiaries (272,415) (37,321) (63,784) (1,791,355)
Deferred income taxes 320,726 43,939 131,437 489,670
Share of results on equity method investees and revaluation results from previously held equity interest 155,568 21,313 (473,947) (1,259,941)
Fair value changes of short-term investments (530,607) (72,693) (414,207) (342,642)
Changes in operating assets and liabilities:        
Accounts receivable 716,375 98,143 (1,470,374) 554,340
Inventories 123,780 16,958 296,764 (27,613)
Prepayments and other assets (809,590) (110,913) 87,556 731,100
Accounts payable 91,142 12,486 (559,419) 447,666
Salary and welfare payables (210,918) (28,896) (62,917) 424,513
Taxes payable 187,788 25,727 (244,261) (917,614)
Contract liabilities 2,022,196 277,041 1,161,861 385,396
Accrued liabilities and other payables 1,530,848 209,725 1,166,673 1,899,580
Net cash provided by operating activities 39,676,813 5,435,701 35,331,275 27,709,233
Cash flows from investing activities:        
Purchase of property, equipment and software (1,275,400) (174,729) (2,301,554) (2,100,264)
Proceeds from sale of property, equipment and software 14,533 1,991 10,302 41,467
Purchase of intangible assets, content and licensed copyrights (930,988) (127,545) (1,974,323) (543,220)
Net change of short-term investments with terms of three months or less (408,256) (55,931) (1,777,687) 776,357
Purchase of short-term investments with terms over three months (8,235,000) (1,128,190)   (5,950,000)
Proceeds from maturities of short-term investments with terms over three months 2,853,778 390,966 5,378,510 10,175,160
Investment in equity method investees (513,397) (70,335) (444,557) (705,907)
Investment in other equity investments and acquisition of subsidiaries (589,629) (80,779) (2,387,129) (4,423,773)
Proceeds from disposal of long-term investments, businesses, subsidiaries and other financial instruments 2,822,585 386,692 152,564 2,411,070
Placement/rollover of matured time deposits (154,792,305) (21,206,459) (124,693,598) (98,973,884)
Proceeds from maturities of time deposits 179,377,113 24,574,564 111,417,969 92,247,046
Change in other long-term assets (406,632) (55,708) (423,928) (323,779)
Net cash (used in)/provided by investing activities 17,916,402 2,454,537 (17,043,431) (7,369,727)
Cash flows from financing activities:        
Net changes from short-term loans with terms of three months or less (6,656,988) (912,004) (13,654,704) (1,274,043)
Proceeds of loans with terms over three months 13,920,080 1,907,043 13,569,160 6,392,695
Payment of loans with terms over three months (14,739,347) (2,019,282) (8,219,472) (273,639)
Dividends paid to shareholders (11,165,338) (1,529,645) (8,013,903) (6,723,667)
Net amounts (paid)/received related to capital contribution from or repurchase of noncontrolling interests shareholders 136,006 18,633 86,159 (30,921)
Cash paid for repurchase of NetEase's ADSs/purchase of subsidiaries' ADSs and shares (8,830,115) (1,209,721) (5,234,294) (8,328,124)
Net cash used in financing activities (27,335,702) (3,744,976) (21,467,054) (10,237,699)
Effect of exchange rate changes on cash, cash equivalents and restricted cash held in foreign currencies 10,752 1,473 (202,457) 110,403
Net increase/(decrease) in cash, cash equivalents and restricted cash 30,268,265 4,146,735 (3,381,667) 10,212,210
Cash, cash equivalents and restricted cash, at the beginning of the year 24,206,658 3,316,299 27,588,325 17,376,115
Cash, cash equivalents and restricted cash, at end of the year 54,474,923 7,463,034 24,206,658 27,588,325
Supplemental disclosures of cash flow information:        
Cash paid for income taxes, net 5,189,585 710,970 4,895,752 5,092,391
Cash paid for interest expenses 489,622 67,078 779,872 588,381
Supplemental schedule of non-cash investing and financing activities:        
Fixed asset purchases financed by accounts payable and accrued liabilities ¥ 1,024,116 $ 140,303 ¥ 1,026,852 ¥ 689,093