NetDragon Websoft Net Worth 2023; Revenue, Stock, Net profit

NetDragon Websoft appoints world’s first humanoid robot as a CEO

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)
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 – (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
Net income 282.56M
Diluted EPS 0.52
Net profit margin 13.33%

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.

Sales per Business
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:

Members of the board
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.

Elena Eremina

Hi there! I am Elena, the curator of all the biography, Net worth content that you will be reading on this blog. What makes me relatable and credible is my experience and the will to make fashion and being a new mommy an incredible journey for you.

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