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 NEH capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

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. See NetEase Inc (NEH) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

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

Year-by-year free cash flow to debt coverage for NetEase Inc. For the full company profile including market capitalisation, see NEH market cap overview.

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