Earnings Call Summary | NetEase(NTES.US) Q1 2024 Earnings Conference
Earnings Call Summary | NetEase(NTES.US) Q1 2024 Earnings Conference
The following is a summary of the NetEase, Inc. (NTES) Q1 2024 Earnings Call Transcript:
以下是網易公司（NTES）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
NetEase reported Q1 2024 net revenue of RMB26.9 billion, an increase led by their game portfolio.
Revenue from games and related value-added services were RMB 21.5 billion, up 7% year-over-year.
Youdao's net revenue was RMB 1.4 billion while NetEase Cloud Music's net revenue was RMB 2 billion.
Gross profit margin for games and related VAS was 69.5%, up from 66.7% in the same period last year.
Operating expense was RMB 9.4 billion or 35% of net revenue.
Non-GAAP net income rose by 12.5% year-over-year to reach RMB 8.5 billion.
網易公佈的2024年第一季度淨收入爲269億元人民幣，這一增長由其遊戲投資組合帶動。
遊戲和相關增值服務的收入爲215億元人民幣，同比增長7％。
有道的淨收入爲14億元人民幣，而網易雲音樂的淨收入爲20億元人民幣。
遊戲和相關增值服務的毛利率爲69.5％，高於去年同期的66.7％。
運營費用爲94億元人民幣，佔淨收入的35％。
非公認會計准則淨收入同比增長12.5％，達到85億元人民幣。
Business Progress:
業務進展：
The company continues to strengthen its R&D capabilities and extend game varieties with games such as 'Justice mobile' and 'Eggy Party' contributing to increased revenues.
Expansion of music categories alongside partnerships with popular Chinese stars.
Preparations are underway for new game launches including War Wings Mod, Ashfall, and Marvel Rivals.
Rapid growth from AI-driven subscription services at Youdao.
Revamps of current games like 'Condor Hero' and launching of 'Where Winds Meet' ensure fresh and engaging content.
Strategic adjustments in games and efforts in game development in the shooting genre depict a promising future for the company.
Active development in overseas studios and continuation of share repurchase and dividends signal strong business strategies and confidence.
該公司繼續加強其研發能力，並通過諸如 “Justice Mobile” 和 “Eggy Party” 等遊戲來增加收入，從而擴大遊戲種類。
擴大音樂類別，並與中國知名明星合作。
新遊戲的發佈準備工作正在進行中，包括《戰爭之翼模組》、《灰落》和《漫威對決》。
Youdao 的人工智能驅動的訂閱服務實現了快速增長。
對《神鵰英雄》等當前遊戲進行了改版，推出了 “Where Winds Meet”，確保了內容新鮮而引人入勝。
遊戲的戰略調整和射擊類遊戲開發的努力描繪了公司的前景光明。
海外工作室的積極發展以及持續的股票回購和分紅預示着強勁的業務戰略和信心。
More details: NetEase IR
更多詳情： 網易紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。