NETEASE INC. O.N. (4Y01) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.35x

NETEASE INC. O.N. (4Y01) has a Cash Flow Reinvestment Rate of 0.35x as of December 2025, reinvesting €5.12 Billion (capex €321.80 Million plus investments €4.80 Billion) from operating cash flow of €14.82 Billion. Check earnings quality score of NETEASE INC. O.N. to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.35x
(Capex + Investments) / Operating CF

Total Reinvested

€5.12 Billion
Capex + Investments

Operating Cash Flow

€14.82 Billion
EUR

Capital Expenditures

€321.80 Million
EUR

NETEASE INC. O.N. Cash Flow Reinvestment Rate (2021–2025)

Historical reinvestment intensity for NETEASE INC. O.N. across 5 annual periods. Explore long-term investment intensity of NETEASE INC. O.N. to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for NETEASE INC. O.N. (2021–2025)

Year-by-year capital reinvestment analysis for NETEASE INC. O.N.. For live market cap and broader valuation context, see 4Y01 market cap.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 0.57x €29.17 Billion €50.74 Billion €2.05 Billion ▲ +11.7%
2024 0.51x €20.41 Billion €39.68 Billion €2.21 Billion ▲ +11.3%
2023 0.46x €16.34 Billion €35.33 Billion €4.28 Billion ▲ +45.7%
2022 0.32x €8.79 Billion €27.71 Billion €2.64 Billion ▲ +15.1%
2021 0.28x €6.87 Billion €24.93 Billion €3.11 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow