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
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for 9899 from our risk checks.
My Notes
Capture your thoughts, links and company narrative
NetEase Cloud Music Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$116.60 |
| 52 Week High | HK$144.70 |
| 52 Week Low | HK$81.50 |
| Beta | 1.13 |
| 1 Month Change | 0.34% |
| 3 Month Change | 26.19% |
| 1 Year Change | 37.10% |
| 3 Year Change | -19.75% |
| 5 Year Change | n/a |
| Change since IPO | -41.67% |
Recent News & Updates
Is NetEase Cloud Music Inc. (HKG:9899) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 17
Why Cloud Music Inc. (HKG:9899) Could Be Worth Watching
Oct 16Cloud Music Inc.'s (HKG:9899) 28% Price Boost Is Out Of Tune With Earnings
Sep 28Cloud Music's (HKG:9899) Returns On Capital Are Heading Higher
Sep 13Recent updates
Is NetEase Cloud Music Inc. (HKG:9899) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 17Why Cloud Music Inc. (HKG:9899) Could Be Worth Watching
Oct 16Cloud Music Inc.'s (HKG:9899) 28% Price Boost Is Out Of Tune With Earnings
Sep 28Cloud Music's (HKG:9899) Returns On Capital Are Heading Higher
Sep 13Calculating The Fair Value Of Cloud Music Inc. (HKG:9899)
Aug 19Is Now An Opportune Moment To Examine Cloud Music Inc. (HKG:9899)?
Jul 12Cloud Music (HKG:9899) Is Looking To Continue Growing Its Returns On Capital
Jun 09Calculating The Intrinsic Value Of Cloud Music Inc. (HKG:9899)
Apr 25Is Cloud Music Inc. (HKG:9899) Potentially Undervalued?
Apr 08Calculating The Fair Value Of Cloud Music Inc. (HKG:9899)
Jan 20Investors Will Want Cloud Music's (HKG:9899) Growth In ROCE To Persist
Dec 30Should You Think About Buying Cloud Music Inc. (HKG:9899) Now?
Dec 08Cloud Music (HKG:9899) Shareholders Will Want The ROCE Trajectory To Continue
Sep 13Getting In Cheap On Cloud Music Inc. (HKG:9899) Is Unlikely
Jun 20A Look At The Intrinsic Value Of Cloud Music Inc. (HKG:9899)
May 30Is Cloud Music Inc. (HKG:9899) Trading At A 44% Discount?
Feb 27Is There An Opportunity With Cloud Music Inc.'s (HKG:9899) 48% Undervaluation?
Nov 17Here's What Analysts Are Forecasting For Cloud Music Inc. (HKG:9899) After Its Second-Quarter Results
Aug 21Companies Like Cloud Village (HKG:9899) Are In A Position To Invest In Growth
May 27Shareholder Returns
| 9899 | HK Entertainment | HK Market | |
|---|---|---|---|
| 7D | -7.9% | -3.7% | -2.2% |
| 1Y | 37.1% | -7.9% | 18.3% |
Return vs Industry: 9899 exceeded the Hong Kong Entertainment industry which returned -7.9% over the past year.
Return vs Market: 9899 exceeded the Hong Kong Market which returned 18.3% over the past year.
Price Volatility
| 9899 volatility | |
|---|---|
| 9899 Average Weekly Movement | 8.2% |
| Entertainment Industry Average Movement | 10.4% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in HK Market | 18.7% |
| 10% least volatile stocks in HK Market | 4.1% |
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 (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 1,300 | William Ding | ir.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
| 9899 fundamental statistics | |
|---|---|
| Market cap | HK$25.17b |
| Earnings (TTM) | HK$1.33b |
| Revenue (TTM) | HK$8.55b |
18.9x
P/E Ratio2.9x
P/S RatioIs 9899 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 9899 income statement (TTM) | |
|---|---|
| Revenue | CN¥8.03b |
| Cost of Revenue | CN¥5.47b |
| Gross Profit | CN¥2.56b |
| Other Expenses | CN¥1.31b |
| Earnings | CN¥1.25b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.79 |
| Gross Margin | 31.92% |
| Net Profit Margin | 15.57% |
| Debt/Equity Ratio | 0% |
How did 9899 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 20:25 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
NetEase Cloud Music Inc. is covered by 17 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lei Zhang | BofA Global Research |
| Xueqing Zhang | China International Capital Corporation Limited |
| Tommy Wong | China Merchants Securities (HK) Co., Ltd |