NetEase Inc (NTES) — Capital Reinvestment Ratio
NetEase Inc (NTES) has a Capital Reinvestment Ratio of 0.00x as of June 2026, meaning it reinvests 0% of its operating cash flow ($9.99 Billion) in capital expenditures ($21.42 Million). Check NTES tangible net assets ratio 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 (2002–2025)
This chart tracks NetEase Inc's Capital Reinvestment Ratio across 24 annual periods. For the full cash flow conversion analysis, see NTES operating cash flow.
Annual Capital Reinvestment Ratio for NetEase Inc (2002–2025)
Year-by-year Capital Reinvestment Ratio for NetEase Inc from 2002 to 2025. See NetEase Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.02x | $49.36 Billion | $1.04 Billion | ▼ -62.2% |
| 2024 | 0.06x | $39.68 Billion | $2.21 Billion | ▼ -54.1% |
| 2023 | 0.12x | $35.33 Billion | $4.28 Billion | ▲ +26.9% |
| 2022 | 0.10x | $27.71 Billion | $2.64 Billion | ▼ -23.5% |
| 2021 | 0.12x | $24.93 Billion | $3.11 Billion | ▼ -5.6% |
| 2020 | 0.13x | $24.89 Billion | $3.29 Billion | ▼ -31.6% |
| 2019 | 0.19x | $17.22 Billion | $3.33 Billion | ▼ -62.3% |
| 2018 | 0.51x | $13.42 Billion | $6.89 Billion | ▲ +230.0% |
| 2017 | 0.16x | $11.89 Billion | $1.85 Billion | ▲ +111.3% |
| 2016 | 0.07x | $15.49 Billion | $1.14 Billion | ▼ -42.3% |
| 2015 | 0.13x | $8.08 Billion | $1.03 Billion | ▲ +20.9% |
| 2014 | 0.11x | $5.86 Billion | $618.34 Million | ▲ +151.4% |
| 2013 | 0.04x | $5.24 Billion | $219.84 Million | ▼ -0.7% |
| 2012 | 0.04x | $4.22 Billion | $178.69 Million | ▼ -61.8% |
| 2011 | 0.11x | $4.07 Billion | $450.46 Million | ▼ -62.2% |
| 2010 | 0.29x | $2.09 Billion | $612.55 Million | ▲ +50.2% |
| 2009 | 0.19x | $2.09 Billion | $407.73 Million | ▲ +192.8% |
| 2008 | 0.07x | $2.02 Billion | $134.15 Million | ▼ -6.8% |
| 2007 | 0.07x | $1.38 Billion | $98.47 Million | ▼ -20.1% |
| 2006 | 0.09x | $1.60 Billion | $142.51 Million | ▲ +6.5% |
| 2005 | 0.08x | $1.10 Billion | $92.61 Million | ▼ -14.4% |
| 2004 | 0.10x | $614.15 Million | $60.14 Million | ▲ +32.0% |
| 2003 | 0.07x | $375.00 Million | $27.83 Million | ▼ -31.6% |
| 2002 | 0.11x | $115.87 Million | $12.56 Million | — |