NetEase Files 2024 Annual Report
Ticker: NETTF · Form: 20-F · Filed: Apr 15, 2025 · CIK: 1110646
Sentiment: neutral
Topics: annual-report, financials, share-repurchase
TL;DR
NetEase dropped its 2024 20-F, check financials and share buybacks.
AI Summary
NetEase, Inc. filed its 20-F annual report for the fiscal year ending December 31, 2024. The filing details the company's financial performance and business operations, including information on its share repurchase programs initiated in 2021 and 2022. The company is headquartered in Hangzhou, China.
Why It Matters
This report provides investors with a comprehensive overview of NetEase's financial health and strategic direction for the past year, influencing investment decisions.
Risk Assessment
Risk Level: medium — As a foreign private issuer, NetEase's 20-F filing is crucial for understanding its financial standing and compliance with US securities laws, but it also carries risks associated with international operations and regulatory environments.
Key Numbers
- 2024 — Fiscal Year (The period covered by the 20-F report.)
- 2025-04-15 — Filing Date (The date the 20-F was submitted to the SEC.)
Key Players & Entities
- NetEase, Inc. (company) — Filer of the 20-F report
- Hangzhou (location) — Company headquarters city
- 2024-12-31 (date) — Fiscal year end date
- 2025-04-15 (date) — Filing date
FAQ
What is the primary purpose of this 20-F filing for NetEase, Inc.?
The 20-F filing serves as NetEase, Inc.'s annual report for the fiscal year ending December 31, 2024, providing a comprehensive overview of its business, financial condition, and management.
When was this 20-F filing submitted to the SEC?
This 20-F filing was submitted to the SEC on April 15, 2025.
What is NetEase, Inc.'s primary business classification according to the filing?
NetEase, Inc. is classified under SERVICES-PREPACKAGED SOFTWARE with SIC code 7372.
Where is NetEase, Inc. headquartered?
NetEase, Inc. is headquartered in Hangzhou, China, at NetEase Building, No. 599 Wangshang Rd, Binjiang District.
Does the filing mention any share repurchase programs?
Yes, the filing references NetEase's share repurchase programs initiated in 2021 and 2022, with activity noted for the periods January 1, 2024 to December 31, 2024.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on April 15, 2025 regarding NetEase, Inc. (NETTF).