Naver Corporation (035420) — Capital Reinvestment Ratio
Naver Corporation (035420) has a Capital Reinvestment Ratio of 0.60x as of December 2025, meaning it reinvests 1% of its operating cash flow (₩944.52 Billion) in capital expenditures (₩566.67 Billion). Check Naver Corporation tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Naver Corporation Capital Reinvestment Ratio (2005–2025)
This chart tracks Naver Corporation's Capital Reinvestment Ratio across 21 annual periods. For the full cash flow conversion analysis, see 035420 cash generation efficiency.
Annual Capital Reinvestment Ratio for Naver Corporation (2005–2025)
Year-by-year Capital Reinvestment Ratio for Naver Corporation from 2005 to 2025. See cash generation quality of Naver Corporation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (KRW) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.43x | ₩3.10 Trillion | ₩1.32 Trillion | ▲ +90.3% |
| 2024 | 0.22x | ₩2.59 Trillion | ₩580.11 Billion | ▼ -35.2% |
| 2023 | 0.35x | ₩2.00 Trillion | ₩692.26 Billion | ▼ -28.3% |
| 2022 | 0.48x | ₩1.45 Trillion | ₩700.73 Billion | ▼ -11.8% |
| 2021 | 0.55x | ₩1.38 Trillion | ₩753.94 Billion | ▲ +4.1% |
| 2020 | 0.52x | ₩1.45 Trillion | ₩759.40 Billion | ▲ +63.3% |
| 2019 | 0.32x | ₩1.36 Trillion | ₩435.91 Billion | ▼ -41.5% |
| 2018 | 0.55x | ₩973.51 Billion | ₩535.04 Billion | ▲ +9.4% |
| 2017 | 0.50x | ₩939.98 Billion | ₩472.17 Billion | ▲ +234.9% |
| 2016 | 0.15x | ₩1.16 Trillion | ₩174.61 Billion | ▲ +5.7% |
| 2015 | 0.14x | ₩851.37 Billion | ₩120.79 Billion | ▼ -59.2% |
| 2014 | 0.35x | ₩779.49 Billion | ₩271.27 Billion | ▼ -42.4% |
| 2013 | 0.60x | ₩627.95 Billion | ₩379.58 Billion | ▲ +28.4% |
| 2012 | 0.47x | ₩595.50 Billion | ₩280.36 Billion | ▲ +61.0% |
| 2011 | 0.29x | ₩418.45 Billion | ₩122.37 Billion | ▲ +39.8% |
| 2010 | 0.21x | ₩568.68 Billion | ₩118.92 Billion | ▼ -13.4% |
| 2009 | 0.24x | ₩520.84 Billion | ₩125.71 Billion | ▼ -9.2% |
| 2008 | 0.27x | ₩382.07 Billion | ₩101.61 Billion | ▲ +52.1% |
| 2007 | 0.17x | ₩370.59 Billion | ₩64.81 Billion | ▼ -26.0% |
| 2006 | 0.24x | ₩185.82 Billion | ₩43.95 Billion | ▼ -46.4% |
| 2005 | 0.44x | ₩128.96 Billion | ₩56.93 Billion | — |