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NetEase Cloud Music Inc.

SEHK:9899 Stock Report

Market Cap: HK$59.9b

NetEase Cloud Music (9899) Stock Overview

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China. More details

9899 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends0/6

Rewards

Earnings are forecast to grow 12.38% per year

Earnings grew by 112.7% over the past year

Risk Analysis

No risks detected for 9899 from our risk checks.

9899 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

NetEase Cloud Music Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for NetEase Cloud Music
Historical stock prices
Current Share PriceHK$275.40
52 Week HighHK$278.80
52 Week LowHK$87.85
Beta1.33
1 Month Change25.18%
3 Month Change95.32%
1 Year Change185.39%
3 Year Change257.66%
5 Year Changen/a
Change since IPO37.77%

Recent News & Updates

The Return Trends At NetEase Cloud Music (HKG:9899) Look Promising

Jul 10
The Return Trends At NetEase Cloud Music (HKG:9899) Look Promising

When Should You Buy NetEase Cloud Music Inc. (HKG:9899)?

Jun 19
When Should You Buy NetEase Cloud Music Inc. (HKG:9899)?

Subdued Growth No Barrier To NetEase Cloud Music Inc. (HKG:9899) With Shares Advancing 41%

May 07
Subdued Growth No Barrier To NetEase Cloud Music Inc. (HKG:9899) With Shares Advancing 41%

Recent updates

The Return Trends At NetEase Cloud Music (HKG:9899) Look Promising

Jul 10
The Return Trends At NetEase Cloud Music (HKG:9899) Look Promising

When Should You Buy NetEase Cloud Music Inc. (HKG:9899)?

Jun 19
When Should You Buy NetEase Cloud Music Inc. (HKG:9899)?

Subdued Growth No Barrier To NetEase Cloud Music Inc. (HKG:9899) With Shares Advancing 41%

May 07
Subdued Growth No Barrier To NetEase Cloud Music Inc. (HKG:9899) With Shares Advancing 41%

NetEase Cloud Music Inc.'s (HKG:9899) Shares Climb 25% But Its Business Is Yet to Catch Up

Mar 11
NetEase Cloud Music Inc.'s (HKG:9899) Shares Climb 25% But Its Business Is Yet to Catch Up

Returns At NetEase Cloud Music (HKG:9899) Are On The Way Up

Feb 10
Returns At NetEase Cloud Music (HKG:9899) Are On The Way Up

What Does NetEase Cloud Music Inc.'s (HKG:9899) Share Price Indicate?

Jan 22
What Does NetEase Cloud Music Inc.'s (HKG:9899) Share Price Indicate?

NetEase Cloud Music Inc.'s (HKG:9899) Shareholders Might Be Looking For Exit

Jan 05
NetEase Cloud Music Inc.'s (HKG:9899) Shareholders Might Be Looking For Exit

Is NetEase Cloud Music Inc. (HKG:9899) Expensive For A Reason? A Look At Its Intrinsic Value

Dec 17
Is NetEase Cloud Music Inc. (HKG:9899) Expensive For A Reason? A Look At Its Intrinsic Value

Why Cloud Music Inc. (HKG:9899) Could Be Worth Watching

Oct 16
Why Cloud Music Inc. (HKG:9899) Could Be Worth Watching

Cloud Music Inc.'s (HKG:9899) 28% Price Boost Is Out Of Tune With Earnings

Sep 28
Cloud Music Inc.'s (HKG:9899) 28% Price Boost Is Out Of Tune With Earnings

Cloud Music's (HKG:9899) Returns On Capital Are Heading Higher

Sep 13
Cloud Music's (HKG:9899) Returns On Capital Are Heading Higher

Calculating The Fair Value Of Cloud Music Inc. (HKG:9899)

Aug 19
Calculating The Fair Value Of Cloud Music Inc. (HKG:9899)

Is Now An Opportune Moment To Examine Cloud Music Inc. (HKG:9899)?

Jul 12
Is Now An Opportune Moment To Examine Cloud Music Inc. (HKG:9899)?

Shareholder Returns

9899HK EntertainmentHK Market
7D15.0%1.1%-0.4%
1Y185.4%50.6%30.3%

Return vs Industry: 9899 exceeded the Hong Kong Entertainment industry which returned 50.2% over the past year.

Return vs Market: 9899 exceeded the Hong Kong Market which returned 29.9% over the past year.

Price Volatility

Is 9899's price volatile compared to industry and market?
9899 volatility
9899 Average Weekly Movement7.1%
Entertainment Industry Average Movement9.1%
Market Average Movement6.8%
10% most volatile stocks in HK Market15.2%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 9899 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 9899's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19991,359William Dingir.music.163.com

NetEase Cloud Music Inc., an investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China. It operates NetEase Cloud Music, an online music platform. The company also offers ancillary and social entertainment products, such as LOOK Live Streaming, Sheng Bo, and Yin Jie; membership subscription; contents sublicensing; and online advertising services on its online platforms, as well as sells digital music album and songs, and virtual items in live streaming platforms.

NetEase Cloud Music Inc. Fundamentals Summary

How do NetEase Cloud Music's earnings and revenue compare to its market cap?
9899 fundamental statistics
Market capHK$59.89b
Earnings (TTM)HK$1.71b
Revenue (TTM)HK$8.69b
35.1x
P/E Ratio
6.9x
P/S Ratio

Is 9899 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9899 income statement (TTM)
RevenueCN¥7.95b
Cost of RevenueCN¥5.27b
Gross ProfitCN¥2.68b
Other ExpensesCN¥1.12b
EarningsCN¥1.56b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)7.18
Gross Margin33.73%
Net Profit Margin19.64%
Debt/Equity Ratio0%

How did 9899 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/09 05:49
End of Day Share Price 2025/07/09 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NetEase Cloud Music Inc. is covered by 22 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lei ZhangBofA Global Research
Xueqing ZhangChina International Capital Corporation Limited
Tommy WongChina Merchants Securities (HK) Co., Ltd