NetEase Inc (NTES) — Financial Flexibility Index
NetEase Inc (NTES) has a Financial Flexibility Index of 0.26x as of December 2025. Free cash flow of $14.61 Billion (operating CF $14.47 Billion minus capex $135.84 Million) represents 0% of total liabilities ($56.35 Billion). Also explore NTES year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
NetEase Inc Financial Flexibility Index (1999–2025)
Historical Financial Flexibility Index trend for NetEase Inc across 27 annual periods. Check strategic asset allocation of NetEase Inc to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for NetEase Inc (1999–2025)
Year-by-year free cash flow to debt coverage for NetEase Inc. For the full company profile including market capitalisation, see NetEase Inc market cap and net worth.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.89x | $50.39 Billion | $49.36 Billion | $56.35 Billion | ▲ +14.2% |
| 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 | ▲ +44.1% |
| 2022 | 0.48x | $30.35 Billion | $27.71 Billion | $63.89 Billion | ▼ -7.9% |
| 2021 | 0.52x | $28.04 Billion | $24.93 Billion | $54.37 Billion | ▲ +7.8% |
| 2020 | 0.48x | $28.18 Billion | $24.89 Billion | $58.88 Billion | ▲ +15.4% |
| 2019 | 0.41x | $20.55 Billion | $17.22 Billion | $49.53 Billion | ▼ -16.4% |
| 2018 | 0.50x | $20.30 Billion | $13.42 Billion | $40.94 Billion | ▼ -11.2% |
| 2017 | 0.56x | $13.74 Billion | $11.89 Billion | $24.60 Billion | ▼ -34.3% |
| 2016 | 0.85x | $16.63 Billion | $15.49 Billion | $19.57 Billion | ▲ +10.4% |
| 2015 | 0.77x | $9.11 Billion | $8.08 Billion | $11.83 Billion | ▼ -18.4% |
| 2014 | 0.94x | $6.48 Billion | $5.86 Billion | $6.86 Billion | ▼ -24.3% |
| 2013 | 1.25x | $5.46 Billion | $5.24 Billion | $4.38 Billion | ▲ +4.1% |
| 2012 | 1.20x | $4.40 Billion | $4.22 Billion | $3.68 Billion | ▼ -37.9% |
| 2011 | 1.93x | $4.52 Billion | $4.07 Billion | $2.35 Billion | ▼ -1.9% |
| 2010 | 1.96x | $2.71 Billion | $2.09 Billion | $1.38 Billion | ▲ +8.2% |
| 2009 | 1.82x | $2.50 Billion | $2.09 Billion | $1.38 Billion | ▼ -30.1% |
| 2008 | 2.60x | $2.15 Billion | $2.02 Billion | $829.04 Million | ▲ +126.0% |
| 2007 | 1.15x | $1.48 Billion | $1.38 Billion | $1.29 Billion | ▼ -3.0% |
| 2006 | 1.18x | $1.74 Billion | $1.60 Billion | $1.47 Billion | ▲ +22.0% |
| 2005 | 0.97x | $1.20 Billion | $1.10 Billion | $1.23 Billion | ▲ +57.9% |
| 2004 | 0.61x | $674.30 Million | $614.15 Million | $1.10 Billion | ▲ +38.2% |
| 2003 | 0.44x | $402.83 Million | $375.00 Million | $905.83 Million | ▼ -86.6% |
| 2002 | 3.32x | $128.44 Million | $115.87 Million | $38.65 Million | ▲ +341.8% |
| 2001 | -1.37x | $-164.62 Million | $-185.72 Million | $119.78 Million | ▼ -86.2% |
| 2000 | -0.74x | $-113.18 Million | $-156.48 Million | $153.37 Million | ▲ +11.3% |
| 1999 | -0.83x | $-6.37 Million | $-15.68 Million | $7.66 Million | — |