NetDragon Websoft net worth is $1.15 billion USD (9.06 billion HKD). It is a Chinese gaming and education technology company, which is an online game developer, operator, and publisher. The Company has developed online and mobile games including Conquer, Demon, Blade of the Soul, and The Final Oath.
| Startup Name |
NetDragon Websoft Holdings Limited |
| Headquarters |
Fuzhou, China |
| Industry |
Online gaming, mobile internet, online education |
| Founded |
1999 |
| Founder |
Dr. Liu Dejian |
| Revenue |
$1.61 billion (2023) |
| Website |
netdragon.com |
It also developed game development engines such as C3 and S3. It also provides online and mobile Internet education. Its business covers preschool education, basic education, higher education, vocational education, corporate training, non-academic and lifelong education.
NetDragon Websoft Net Worth 2023:
NetDragon Websoft’s net worth is $1.15 billion US dollars (9.06 billion HKD) right now. I do have not much information about their latest Revenue, Net income. For this reason, I can’t give this year’s results. When it’s published from the authority, I will update it here.
NetDragon Websoft Reveneu & Stock:
I can provide you with some general information about NetDragon Websoft Inc. and its stock. NetDragon’s business and revenue model is divided into four segments: –
- Gaming – In House Game & Engine Development, Oversea Marketing, and Game License
- Mobile – 91 Open Mobile Platform, Application Development
- Innovation – 91kt.com (with Cartoon Network), Digital Publishing, Outsource Platform
- Education – Education sites, Education e-books and apps, Mobile School
| (CNY) |
Jun 2022 |
Y/Y |
| Revenue |
2.12B |
26.35% |
| Net income |
282.56M |
31.2% |
| Diluted EPS |
0.52 |
33.33% |
| Net profit margin |
13.33% |
3.9% |
NetDragon Websoft Company Stats
- IndustryRecreational Products
- Founded1999
- HeadquartersFuzhou
- CountryChina
- CEOLiu Luyuan Liu Luyuan
Market capitalization of NetDragon Websoft (0777.HK)
Market cap: $1.16 Billion
As of March 2023 NetDragon Websoft has a market cap of $1.16 Billion. This makes NetDragon Websoft the world’s 4425th most valuable company by market cap according to our data.
Revenue for NetDragon Websoft (0777.HK)
Revenue in 2021: $1.10 B
According to NetDragon Websoft‘s latest financial reports the company’s current revenue (TTM) is $1.10 B. In 2021 the company made a revenue of $1.10 B an increase over the years 2020 revenue that were of $0.94 B.
Earnings for NetDragon Websoft (0777.HK)
Earnings in 2021: $0.19 B
According to NetDragon Websoft‘s latest financial reports the company’s current earnings (TTM) are $0.19 B. In 2021 the company made an earning of $0.19 B an increase over its 2020 earnings that were of $0.16 B.
NetDragon Websoft (0777.HK) – Total assets
Total assets on the balance sheet as of June 2022 : $1.60 B
According to NetDragon Websoft‘s latest financial reports the company’s total assets are $1.60 B. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipement.
|
|
|
2020 |
2021 |
Delta |
| Online and Mobile Games |
3 857.26 |
55.9% |
4 388.85 |
51.8% |
+13.78% |
| Education |
2 746.24 |
39.8% |
3 894.04 |
45.9% |
+41.8% |
| Mobile Solution, Products and Marketing |
75.47 |
1.1% |
105.04 |
1.2% |
+39.19% |
| Property Project |
217.85 |
3.2% |
91.32 |
1.1% |
-58.08% |
|
NetDragon Websoft Company CEO & Managers:
|
|
| Name |
Title |
Age |
Since |
| Lu Yuan Liu |
CEO, Executive Director & Compliance Officer |
48 |
2013 |
| Kwok Hei Yam |
Chief Financial Officer & Senior Vice President |
46 |
2013 |
| Hongzhan Chen |
Executive Director & Chief Technology Officer |
49 |
2010 |
| Hak Kin Lau |
Secretary, Financial Controller & Head-Compliance |
45 |
2014 |
| Yun Zhou |
Senior Director-Investor Relations |
– |
– |
| Jia Liang Wu |
Vice President |
45 |
2013 |
| Wang Song |
Chief Product Officer & Senior Vice President |
– |
2002 |
|
NetDragon Websoft Board Members:
|
|
| Name |
Title |
Age |
Since |
| De Jian Liu |
Chairman |
50 |
2010 |
| Sai Keung Liu |
Independent Non-Executive Director |
49 |
2007 |
| Kwan Hung Lee |
Independent Non-Executive Director |
56 |
2007 |
| Sing Chung Li |
Independent Non-Executive Director |
67 |
2022 |
| Lu Yuan Liu |
CEO, Executive Director & Compliance Officer |
48 |
2013 |
| Hongzhan Chen |
Executive Director & Chief Technology Officer |
49 |
2010 |
| Hui Zheng |
Executive Director |
53 |
– |
| Dong LiSang Lin |
Non-Executive Director |
59 |
2007 |
| Lim Kin Leung, Dr. |
Vice Chairman |
67 |
– |
|
NetDragon Websoft Shareholders Name:
|
|
| Name |
Equities |
% |
| De Jian Liu |
193,159,119 |
35.7% |
| IDG Capital Partners Co., Ltd. |
50,470,735 |
9.33% |
| Hui Zheng |
34,437,519 |
6.37% |
| Lu Yuan Liu |
23,225,819 |
4.30% |
| Hongzhan Chen |
11,197,019 |
2.07% |
| The Vanguard Group, Inc. |
7,926,857 |
1.47% |
| China Asset Management Co., Ltd. |
6,840,500 |
1.27% |
| Dimensional Fund Advisors LP |
5,369,500 |
0.99% |
| BlackRock Fund Advisors |
3,948,000 |
0.73% |
| Mellon Investments Corp. |
2,848,000 |
0.53% |
|
NetDragon Websoft appoints AI bot as new CEO:
- NetDragon Websoft announced last year it had appointed a bot as the CEO of its flagship subsidiary.
- The firm’s stock has risen in recent months, outpacing the Hong Kong market.
- It said the bot will increase efficiency and make key decisions for the gaming company.
It looks like AI’s first job victims aren’t white-collar workers after all. It’s the C-suite. We all thought AI would replace grocery store clerks, gas station attendants, and other mundane jobs, but it turns out the first victim of the AI revolution is actually the C-suite. Chinese game company NetDragon Websoft appointed an AI to be the CEO of its major subsidiary, and so far it seems to be going well.
Last August 2022, NetDragon appointed an “AI-powered virtual humanoid robot” called Tang Yu as CEO of Fujian NetDragon Websoft, saying it will improve efficiency, risk management, and decision-making, and ensure a “fair workplace for all employees.” NetDragon Websoft’s has a number of 4 834 people employees.
