NetEase Fixed Asset Turnover from 2010 to 2024

NTES Stock  USD 87.48  0.92  1.06%   
NetEase Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 8.36 in 2024. From the period from 2010 to 2024, NetEase Fixed Asset Turnover quarterly data regression had r-value of  0.56 and coefficient of variation of  33.44. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
11.72534209
Current Value
8.36
Quarterly Volatility
3.87711975
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NetEase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NetEase's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 B, Interest Expense of 1.3 B or Selling General Administrative of 5.1 B, as well as many indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.0978 or PTB Ratio of 0.66. NetEase financial statements analysis is a perfect complement when working with NetEase Valuation or Volatility modules.
  
Check out the analysis of NetEase Correlation against competitors.
For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.

Latest NetEase's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of NetEase over the last few years. It is NetEase's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NetEase's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

NetEase Fixed Asset Turnover Regression Statistics

Arithmetic Mean11.59
Geometric Mean10.51
Coefficient Of Variation33.44
Mean Deviation2.92
Median11.73
Standard Deviation3.88
Sample Variance15.03
Range14.5288
R-Value0.56
Mean Square Error11.14
R-Squared0.31
Significance0.03
Slope0.48
Total Sum of Squares210.45

NetEase Fixed Asset Turnover History

2024 8.36
2023 11.73
2022 15.21
2021 16.12
2020 16.17
2019 12.82
2018 12.49

About NetEase Financial Statements

NetEase shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although NetEase investors may analyze each financial statement separately, they are all interrelated. The changes in NetEase's assets and liabilities, for example, are also reflected in the revenues and expenses on on NetEase's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 11.73  8.36 

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Additional Tools for NetEase Stock Analysis

When running NetEase's price analysis, check to measure NetEase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetEase is operating at the current time. Most of NetEase's value examination focuses on studying past and present price action to predict the probability of NetEase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetEase's price. Additionally, you may evaluate how the addition of NetEase to your portfolios can decrease your overall portfolio volatility.