NTES - NetEase, Inc.

NasdaqGS - NasdaqGS Real-time price. Currency in USD
Annual

Cash flow

Currency in CNY. All numbers in thousands
Breakdown
ttm
30/12/2018
30/12/2017
30/12/2016
Cash flows from operating activities
Net income
7,782,626
6,152,407
10,707,939
11,604,520
Depreciation & amortisation
2,304,407
2,083,501
801,804
327,515
Deferred income taxes
206,822
-69,899
-438,043
66,676
Stock-based compensation
2,579,193
2,529,650
2,004,263
990,131
Change in working capital
2,250,029
2,476,978
-1,503,070
2,640,427
Accounts receivable
-596,526
-710,932
565,228
-1,646,885
Inventory
843,375
457,053
-3,896,799
-760,365
Accounts payable
497,188
-85,195
1,100,787
604,089
Other working capital
7,808,681
6,529,864
9,365,014
14,348,239
Other non-cash items
-
-463,600
-389,793
-304,605
Net cash provided by operating activities
14,897,474
13,415,877
11,889,238
15,488,266
Cash flows from investing activities
Investments in property, plant and equipment
-7,088,793
-6,886,013
-2,524,224
-1,140,027
Acquisitions, net
-549,084
-272,451
-235,769
-364,486
Purchases of investments
-71,519,026
-58,899,794
-48,271,158
-36,691,879
Sales/maturities of investments
62,450,393
53,026,001
38,395,559
26,506,337
Other investing activities
-543,587
-543,949
-618,124
-2,313,823
Net cash used for investing activities
-17,242,561
-13,569,515
-13,249,291
-14,001,814
Cash flows from financing activities
Debt repayment
-9,256
-18,761
-58,228,239
-9,860,110
Common stock issued
-
-
-
-
Common stock repurchased
-5,188,651
-7,516,679
-2,061,591
-1,199,102
Dividends paid
-1,538,272
-1,440,194
-3,257,607
-2,546,165
Other financing activities
4,858,295
4,334,684
911,500
4
Net cash used provided by (used for) financing activities
2,001,333
1,587,419
-1,302,728
-2,250,507
Net change in cash
-244,275
1,515,292
-2,675,359
-631,988
Cash at beginning of period
9,489,363
8,691,246
5,439,499
6,071,487
Cash at end of period
9,145,609
10,206,538
2,764,140
5,439,499
Free cash flow
Operating cash flow
14,897,474
13,415,877
11,889,238
15,488,266
Capital expenditure
-7,088,793
-6,886,013
-2,524,224
-1,140,027
Free cash flow
7,808,681
6,529,864
9,365,014
14,348,239