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[Brokerage Focus] Guoyuan International maintains a "Buy" rating on NetEase (09999), indicating its new games are performing impressively.
Jinwu Financial News | Guoyuan International's research report indicates that NetEase (09999) achieved revenue of 26.21 billion yuan in the third quarter of 2024, a decline of 3.9% compared to the same period last year. The net income attributable to shareholders was 6.5 billion yuan, down 16.7% from 7.8 billion yuan in the same period last year; the net income attributable to shareholders under non-GAAP was 7.5 billion yuan, compared to 8.6 billion yuan last year, a year-on-year decrease of 13%. From the perspective of business, game revenue was 20.2 billion yuan, a quarter-on-quarter increase of 5%, with PC game revenue increasing by 29% year-on-year and 30% quarter-on-quarter. Youdao achieved revenue of 1.6 billion yuan, and
Hong Kong stocks movement | NTES-S (09999) rises over 2% against the trend, the major game "Yanyun Sixteen Sounds" will launch on mobile tomorrow.
NTES-S (09999) rose over 2% against the trend, as of the time of writing, up 2.04%, priced at 140.3 Hong Kong dollars, with a trading volume of 0.469 billion Hong Kong dollars.
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