NetEase Inc (NEH) — Working Capital to Net Assets Ratio
NetEase Inc (NEH) has a Working Capital to Net Assets ratio of 75.3% as of September 2025. Working capital of €121.12 Billion (current assets of €171.21 Billion minus current liabilities of €50.09 Billion) is measured against net assets of €160.93 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See NetEase Inc (NEH) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NetEase Inc Working Capital to Net Assets (2015–2024)
This chart shows how NetEase Inc's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 75.3%, reflecting working capital of €121.12 Billion against net assets of €160.93 Billion EUR. For the complete balance sheet picture, see NetEase Inc balance sheet assets.
Annual Working Capital to Net Assets for NetEase Inc (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for NetEase Inc from 2015 to 2024, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check NEH asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 72.7% | €103.66 Billion | €142.49 Billion | €153.32 Billion | €49.67 Billion | ▲ +3.4 pp |
| 2023 | 69.4% | €88.85 Billion | €128.08 Billion | €142.69 Billion | €53.84 Billion | ▲ +0.7 pp |
| 2022 | 68.7% | €74.77 Billion | €108.87 Billion | €131.60 Billion | €56.83 Billion | ▲ +5.6 pp |
| 2021 | 63.1% | €62.62 Billion | €99.28 Billion | €113.12 Billion | €50.50 Billion | ▼ -10.5 pp |
| 2020 | 73.6% | €61.09 Billion | €83.00 Billion | €107.83 Billion | €46.74 Billion | ▼ -1.3 pp |
| 2019 | 74.9% | €46.86 Billion | €62.59 Billion | €85.11 Billion | €38.24 Billion | ▲ +1.9 pp |
| 2018 | 73.0% | €33.61 Billion | €46.03 Billion | €68.72 Billion | €35.11 Billion | ▼ -9.2 pp |
| 2017 | 82.3% | €38.20 Billion | €46.44 Billion | €61.95 Billion | €23.75 Billion | ▲ +3.7 pp |
| 2016 | 78.5% | €30.21 Billion | €38.46 Billion | €49.38 Billion | €19.18 Billion | ▲ +1.0 pp |
| 2015 | 77.6% | €22.74 Billion | €29.32 Billion | €34.41 Billion | €11.67 Billion | — |