NetEase Inc Working Capital to Net Assets Ratio

Latest as of June 2026: 79.5%

NetEase Inc working capital to net assets ratio. NetEase Inc (NTES) has a Working Capital to Net Assets ratio of 79.5% as of June 2026. Working capital of $136.49 Billion (current assets of $192.13 Billion minus current liabilities of $55.64 Billion) is measured against net assets of $171.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is NetEase Inc's equity to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

79.5%
Working Capital / Net Assets

Working Capital

$136.49 Billion
USD

Current Assets

$192.13 Billion
USD

Current Liabilities

$55.64 Billion
USD

Working Capital to Net Assets Ratio of NetEase Inc (1999–2025)

Working capital to net assets ratio of NetEase Inc from 1999 to 2025. This chart shows how NetEase Inc's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1999 to 2025. As of June 2026, the ratio stands at 79.5%, reflecting working capital of $136.49 Billion against net assets of $171.62 Billion USD. See NetEase Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.

NetEase Inc Working Capital to Net Assets Ratio by Year (1999–2025)

NetEase Inc working capital to net assets ratio by year from 1999 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for NetEase Inc from 1999 to 2025, covering 27 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. For the complete balance sheet picture, see balance sheet size of NetEase Inc.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2025 77.7% $128.33 Billion $165.21 Billion $180.73 Billion $52.40 Billion ▲ +4.9 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 ▲ +3.3 pp
2016 79.0% $30.38 Billion $38.46 Billion $49.92 Billion $19.53 Billion ▲ +1.4 pp
2015 77.6% $22.74 Billion $29.32 Billion $34.41 Billion $11.67 Billion ▼ -11.7 pp
2014 89.3% $20.98 Billion $23.49 Billion $27.73 Billion $6.76 Billion ▼ -2.8 pp
2013 92.0% $18.56 Billion $20.17 Billion $22.80 Billion $4.23 Billion ▲ +0.4 pp
2012 91.6% $14.29 Billion $15.60 Billion $17.87 Billion $3.58 Billion ▼ -1.5 pp
2011 93.1% $12.19 Billion $13.10 Billion $14.47 Billion $2.28 Billion ▲ +4.3 pp
2010 88.8% $6.59 Billion $7.43 Billion $7.97 Billion $1.38 Billion ▲ +0.0 pp
2009 88.8% $6.59 Billion $7.43 Billion $7.97 Billion $1.38 Billion ▼ -4.4 pp
2008 93.3% $5.14 Billion $5.52 Billion $5.97 Billion $829.05 Million ▲ +0.3 pp
2007 93.0% $3.16 Billion $3.40 Billion $4.44 Billion $1.28 Billion ▼ -25.9 pp
2006 118.8% $3.45 Billion $2.91 Billion $4.13 Billion $676.41 Million ▼ -10.1 pp
2005 128.9% $3.08 Billion $2.39 Billion $3.50 Billion $415.48 Million ▼ -27.0 pp
2004 155.8% $2.11 Billion $1.35 Billion $2.37 Billion $257.50 Million ▼ -32.0 pp
2003 187.8% $1.66 Billion $881.18 Million $1.73 Billion $77.78 Million ▲ +93.0 pp
2002 94.9% $551.05 Million $580.89 Million $589.70 Million $38.65 Million ▲ +3.5 pp
2001 91.4% $507.19 Million $555.13 Million $626.98 Million $119.78 Million ▲ +1.4 pp
2000 89.9% $754.83 Million $839.37 Million $908.20 Million $153.37 Million ▼ -3.1 pp
1999 93.0% $126.56 Million $136.06 Million $134.22 Million $7.66 Million —
pp = percentage points