NetEase Inc (NEH) — Financial Flexibility Index

Latest as of September 2025: 0.25x

NetEase Inc (NEH) has a Financial Flexibility Index of 0.25x as of September 2025. Free cash flow of €13.42 Billion (operating CF €12.95 Billion minus capex €474.63 Million) represents 0% of total liabilities (€53.56 Billion). Check NetEase Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.25x
Free Cash Flow / Total Liabilities

Free Cash Flow

€13.42 Billion
Operating CF − Capex

Total Liabilities

€53.56 Billion
EUR

Capital Expenditures

€474.63 Million
EUR

NetEase Inc Financial Flexibility Index (2015–2024)

Historical Financial Flexibility Index trend for NetEase Inc across 10 annual periods. For the full cash flow conversion analysis, see NEH cash generation efficiency.

Annual Financial Flexibility Index for NetEase Inc (2015–2024)

Year-by-year free cash flow to debt coverage for NetEase Inc. Explore debt repayment capacity of NetEase Inc to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2024 0.78x €41.88 Billion €39.68 Billion €53.50 Billion ▲ +14.3%
2023 0.68x €39.61 Billion €35.33 Billion €57.84 Billion ▲ +46.8%
2022 0.47x €29.81 Billion €27.71 Billion €63.89 Billion ▼ -4.4%
2021 0.49x €26.53 Billion €24.93 Billion €54.37 Billion ▲ +10.7%
2020 0.44x €25.94 Billion €24.89 Billion €58.88 Billion ▲ +18.5%
2019 0.37x €18.43 Billion €17.22 Billion €49.53 Billion ▼ -2.3%
2018 0.38x €15.59 Billion €13.42 Billion €40.94 Billion ▼ -30.9%
2017 0.55x €13.54 Billion €11.89 Billion €24.60 Billion ▼ -35.2%
2016 0.85x €16.63 Billion €15.49 Billion €19.57 Billion ▲ +12.4%
2015 0.76x €8.94 Billion €8.08 Billion €11.83 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities