Netease, Inc. balance sheet
At the end of its fiscal year on Dec 31, 2025, Netease, Inc. reported total assets of $31.66B and shareholders' equity of $22.92B. That works out to liabilities equal to 25% of assets, a current ratio of 3.45 (current assets ÷ current liabilities).
Balance sheet at each fiscal year end
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $8.36B | $10.92B | $12.65B | $16.11B | $21.74B | $24.11B | $25.05B | $26.19B | $26.85B | $31.66B |
| Current assets | $7.19B | $9.52B | $9.99B | $12.22B | $16.53B | $17.75B | $19.08B | $20.10B | $21.01B | $25.83B |
| Cash & equivalents | $836.04M | $424.84M | $783.83M | $466.31M | $1.40B | $2.28B | $3.61B | $3.02B | $7.04B | $6.74B |
| Total liabilities | $2.82B | $3.69B | $5.17B | $5.61B | $7.37B | $8.51B | $9.26B | $8.15B | $7.33B | $8.05B |
| Current liabilities | $2.81B | $3.65B | $5.11B | $5.49B | $7.16B | $7.92B | $8.24B | $7.58B | $6.80B | $7.49B |
| Long-term debt | — | — | — | — | — | $200.10M | $529.92M | $60.28M | $58.63M | — |
| Shareholders' equity | $5.50B | $7.03B | $6.58B | $8.83B | $12.59B | $14.96B | $15.18B | $17.51B | $19.00B | $22.92B |
| Reported in | 20-F 2017 | 20-F 2018 | 20-F 2019 | 20-F 2020 | 20-F 2021 | 20-F 2022 | 20-F 2023 | 20-F 2024 | 20-F 2025 | 20-F 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 1110646 (raw data). Most recent filing in this dataset: 20-F filed Apr 15, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.