NetEase Inc (NEH) — Capital Reinvestment Ratio
NetEase Inc (NEH) has a Capital Reinvestment Ratio of 0.04x as of September 2025, meaning it reinvests 0% of its operating cash flow (€12.95 Billion) in capital expenditures (€474.63 Million). Check tangible equity quality of NetEase Inc to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
NetEase Inc Capital Reinvestment Ratio (2015–2024)
This chart tracks NetEase Inc's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see NEH cash generation efficiency.
Annual Capital Reinvestment Ratio for NetEase Inc (2015–2024)
Year-by-year Capital Reinvestment Ratio for NetEase Inc from 2015 to 2024. See NEH free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.06x | €39.68 Billion | €2.21 Billion | ▼ -54.1% |
| 2023 | 0.12x | €35.33 Billion | €4.28 Billion | ▲ +59.7% |
| 2022 | 0.08x | €27.71 Billion | €2.10 Billion | ▲ +18.0% |
| 2021 | 0.06x | €24.93 Billion | €1.60 Billion | ▲ +51.5% |
| 2020 | 0.04x | €24.89 Billion | €1.06 Billion | ▼ -39.6% |
| 2019 | 0.07x | €17.22 Billion | €1.21 Billion | ▼ -56.6% |
| 2018 | 0.16x | €13.42 Billion | €2.17 Billion | ▲ +16.2% |
| 2017 | 0.14x | €11.89 Billion | €1.65 Billion | ▲ +89.1% |
| 2016 | 0.07x | €15.49 Billion | €1.14 Billion | ▼ -31.4% |
| 2015 | 0.11x | €8.08 Billion | €866.31 Million | — |