NetEase Inc (NEH) — Cash Flow Reinvestment Rate

Latest as of September 2025: 1.91x

NetEase Inc (NEH) has a Cash Flow Reinvestment Rate of 1.91x as of September 2025, reinvesting €24.70 Billion (capex €474.63 Million plus investments €-24.22 Billion) from operating cash flow of €12.95 Billion. Explore NetEase Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

1.91x
(Capex + Investments) / Operating CF

Total Reinvested

€24.70 Billion
Capex + Investments

Operating Cash Flow

€12.95 Billion
EUR

Capital Expenditures

€474.63 Million
EUR

NetEase Inc Cash Flow Reinvestment Rate (2015–2024)

Historical reinvestment intensity for NetEase Inc across 10 annual periods. Also explore NetEase Inc (NEH) total assets for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for NetEase Inc (2015–2024)

Year-by-year capital reinvestment analysis for NetEase Inc. For live market cap and broader valuation context, see NEH market cap.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
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 ▲ +95.8%
2022 0.24x €6.54 Billion €27.71 Billion €2.10 Billion ▲ +9.6%
2021 0.22x €5.37 Billion €24.93 Billion €1.60 Billion ▼ -80.0%
2020 1.08x €26.81 Billion €24.89 Billion €1.06 Billion ▼ -34.3%
2019 1.64x €28.23 Billion €17.22 Billion €1.21 Billion ▲ +164.6%
2018 0.62x €8.32 Billion €13.42 Billion €2.17 Billion ▼ -37.4%
2017 0.99x €11.77 Billion €11.89 Billion €1.65 Billion ▲ +1.2%
2016 0.98x €15.14 Billion €15.49 Billion €1.14 Billion ▲ +432.5%
2015 0.18x €1.48 Billion €8.08 Billion €866.31 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow