|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's Range||11.30 - 12.75|
|52 Week Range||7.02 - 42.17|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 17, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.92|
At this time, I would like to turn the conference over to Margaret Shi, IR director of NetEase. As a reconciliation of GAAP to non-GAAP financial results, please see the 2021 third quarter earnings news release issued earlier today.
An important strategy shift from a subsidiary is pleasing analysts and bringing back bullish investors.
China's crackdown on for-profit education companies sparked concerns about its e-learning subsidiary Youdao (NYSE: DAO), while new playtime restrictions for online games and a potential slowdown in new video game approvals cast dark clouds over its online gaming business. Youdao provides a wide range of online learning tools (including a dictionary, translation tools, and cloud-based note-taking tools), online learning courses and remote learning tools, interactive learning apps, and smart devices like digital translation pens and pocket translators.