v3.26.1
Principal Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Principal Accounting Policies  
Schedule of restricted cash balance

As of December 31, 2024 and 2025, the Group had a restricted cash balance approximately RMB3.1 billion and RMB4.3 billion, respectively, comprising as follows (in millions):

​

​

​

​

​

​

​

  ​ ​ ​

December 31, 

  ​ ​ ​

December 31, 

​

​

2024

​

2025

​

​

RMB

​

RMB

Customer deposit of NetEase Pay accounts

 

2,989.7

 

4,223.1

Others

​

101.9

​

100.1

Total

​

3,091.6

​

4,323.2

​

Schedule of movements of the allowance for expected credit losses

The following table sets out the movements of the allowance for expected credit losses for the years ended December 31, 2023, 2024 and 2025 (in thousands):

​

​

​

​

​

​

​

​

​

For the year ended December 31, 

​

  ​ ​ ​

2023

  ​ ​ ​

2024

  ​ ​ ​

2025

​

​

RMB

​

RMB

​

RMB

Balance at the beginning of year

 

403,360

 

448,562

 

689,428

Provisions

 

61,146

 

256,039

 

367,410

Write-offs

 

(15,944)

 

(15,173)

 

(24,966)

Balance at the end of year

​

448,562

​

689,428

​

1,031,872

Schedule of property, equipment and software useful lives

​

​

​

​

Building

  ​ ​ ​

20-30 years

Decoration

 

5 years

Leasehold improvements

 

lesser of the term of the lease and the estimated useful lives of the assets

Furniture, fixtures, office and other equipment

 

3-20 years

Vehicles

 

5 years

Servers and computers

 

3-5 years

Software

 

3-5 years