NetEase said it would announce its fourth-quarter and 2024 results on Feb 20, 2025
The Hangzhou-based publisher said in a 6-K filed Feb 6, 2025 that its board would meet on Feb 19 to approve, among other matters, the figures and a quarterly dividend.
NetEase announced on Feb 6, 2025 that its board of directors would meet on Feb 19, 2025 to approve, among other matters, its unaudited results for the three months and the fiscal year ended Dec 31, 2024, and the quarterly dividend for the fourth quarter of 2024. It said it would publish the results at or around 6:00 p.m. Beijing and Hong Kong time on Feb 20, 2025, on the website of the Hong Kong Stock Exchange, and that management would discuss them and answer questions on a call and webcast at 8:00 p.m. Beijing and Hong Kong time that day.1,2,3,4,5
The notice reached the US Securities and Exchange Commission in a Form 6-K, the report that a foreign private issuer files with it. The attached announcement carries the Hong Kong Stock Exchange's disclaimer and gives 9999 as the stock code. William Lei Ding signed the filing as chief executive officer. As of the announcement, the board comprised William Lei Ding as the director, with Grace Tang, Alice Cheng, Joseph Tong and Michael Leung as the independent directors.6,7,8,9,10,11
Among the games NetEase develops or publishes are Marvel Rivals, which it both develops and publishes, and Diablo Immortal, which it develops alongside Blizzard Entertainment, the game's other developer and its publisher.12,13
NetEase filed its next 6-K on Feb 20, 2025, the day the notice had given for the results. Its annual report on Form 20-F, the yearly report a foreign company files, later gave revenue of $14.43 billion and operating income of $4.05 billion for the year ended Dec 31, 2024, in US dollars.14,4,15,16
How each figure was checked
- date of the announcementFebruary 6, 2025NetEase announcement, Exhibit 99.1 to the Form 6-K filed Feb 6, 2025 ↗
- date of the board meeting that would approve the results and the dividendFebruary 19, 2025NetEase announcement, Exhibit 99.1 to the Form 6-K filed Feb 6, 2025 ↗
- what the board would approveunaudited results for the three months and the fiscal year ended December 31, 2024, and the quarterly dividend for the fourth quarter of 2024NetEase announcement, Exhibit 99.1 to the Form 6-K filed Feb 6, 2025 ↗
- when the company said it would announce the resultsat or around 6:00 p.m. on February 20, 2025 (Beijing/Hong Kong time)NetEase announcement, Exhibit 99.1 to the Form 6-K filed Feb 6, 2025 ↗
- the earnings call and webcast8:00 p.m. on February 20, 2025 (Beijing/Hong Kong time)NetEase announcement, Exhibit 99.1 to the Form 6-K filed Feb 6, 2025 ↗
- form type of the filing6-K
- when the 6-K was filedFeb 6, 2025
- the 6-K's cover describes it as a report of a foreign private issuerreport of foreign private issuerSEC EDGAR, Form 6-K filed Feb 6, 2025 ↗
- the announcement carries the Hong Kong exchange's disclaimer and a stock codeStock Code: 9999NetEase announcement, Exhibit 99.1 to the Form 6-K filed Feb 6, 2025 ↗
- who signed the 6-K and in what roleWilliam Lei Ding, Chief Executive OfficerSEC EDGAR, Form 6-K filed Feb 6, 2025 ↗
- the directors the announcement namesWilliam Lei Ding as the director; Grace Tang, Alice Cheng, Joseph Tong and Michael Leung as the independent directorsNetEase announcement, Exhibit 99.1 to the Form 6-K filed Feb 6, 2025 ↗
- the games NetEase develops or publishesDiablo Immortal (developer); Marvel Rivals (developer, publisher)
- who makes Diablo ImmortalBlizzard Entertainment (developer); NetEase (developer); Blizzard Entertainment (publisher)
- when NetEase's next 6-K was filedFeb 20, 2025
- NetEase revenue for 2024, in US dollars, from its Form 20-F$14.43 billion for the year from Jan 1, 2024 to Dec 31, 2024
- NetEase operating income for 2024, in US dollars, from its Form 20-F$4.05 billion for the year from Jan 1, 2024 to Dec 31, 2024
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The record
- Company
- NetEase (CIK 1110646)
- Form
- 6-K
- Accession
- 0001104659-25-009839
- Filed
- Feb 6, 2025
- Period of report
- Feb 6, 2025
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