核心观点24Q4 网易净收入为267.5 亿元（yoy -1.4%，略低于彭博一致预期272.5 亿元)。毛利润为162.7 亿元（yoy -3.3%，略低于彭博一致预期166.9 亿元）；归属于公司股东净利润为88 亿元，调整后净利润为96.8 亿元（yoy +31.2%，高于彭博一致预期80.3 亿元）。董事会批准24Q4 的股利为每股0.24405 美元。短期公司营收及毛利相对承压，但我们...
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