company background image
9899 logo

NetEase Cloud Music SEHK:9899 Stock Report

Last Price

HK$117.30

Market Cap

HK$25.2b

7D

0.09%

1Y

37.9%

Updated

24 Dec, 2024

Data

Company Financials +

NetEase Cloud Music Inc.

SEHK:9899 Stock Report

Market Cap: HK$25.2b

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
Valuation2/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends0/6

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

Summary of share price highs, lows and changes for NetEase Cloud Music
Historical stock prices
Current Share PriceHK$117.30
52 Week HighHK$144.70
52 Week LowHK$81.50
Beta1.13
1 Month Change2.00%
3 Month Change18.07%
1 Year Change37.92%
3 Year Change-24.76%
5 Year Changen/a
Change since IPO-41.32%

Recent News & Updates

Recent updates

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)?

Cloud Music (HKG:9899) Is Looking To Continue Growing Its Returns On Capital

Jun 09
Cloud Music (HKG:9899) Is Looking To Continue Growing Its Returns On Capital

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

Apr 25
Calculating The Intrinsic Value Of Cloud Music Inc. (HKG:9899)

Is Cloud Music Inc. (HKG:9899) Potentially Undervalued?

Apr 08
Is Cloud Music Inc. (HKG:9899) Potentially Undervalued?

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

Jan 20
Calculating The Fair Value Of Cloud Music Inc. (HKG:9899)

Investors Will Want Cloud Music's (HKG:9899) Growth In ROCE To Persist

Dec 30
Investors Will Want Cloud Music's (HKG:9899) Growth In ROCE To Persist

Should You Think About Buying Cloud Music Inc. (HKG:9899) Now?

Dec 08
Should You Think About Buying Cloud Music Inc. (HKG:9899) Now?

Cloud Music (HKG:9899) Shareholders Will Want The ROCE Trajectory To Continue

Sep 13
Cloud Music (HKG:9899) Shareholders Will Want The ROCE Trajectory To Continue

Getting In Cheap On Cloud Music Inc. (HKG:9899) Is Unlikely

Jun 20
Getting In Cheap On Cloud Music Inc. (HKG:9899) Is Unlikely

A Look At The Intrinsic Value Of Cloud Music Inc. (HKG:9899)

May 30
A Look At The Intrinsic Value Of Cloud Music Inc. (HKG:9899)

Is Cloud Music Inc. (HKG:9899) Trading At A 44% Discount?

Feb 27
Is Cloud Music Inc. (HKG:9899) Trading At A 44% Discount?

Is There An Opportunity With Cloud Music Inc.'s (HKG:9899) 48% Undervaluation?

Nov 17
Is There An Opportunity With Cloud Music Inc.'s (HKG:9899) 48% Undervaluation?

Here's What Analysts Are Forecasting For Cloud Music Inc. (HKG:9899) After Its Second-Quarter Results

Aug 21
Here's What Analysts Are Forecasting For Cloud Music Inc. (HKG:9899) After Its Second-Quarter Results

Companies Like Cloud Village (HKG:9899) Are In A Position To Invest In Growth

May 27
Companies Like Cloud Village (HKG:9899) Are In A Position To Invest In Growth

Shareholder Returns

9899HK EntertainmentHK Market
7D0.09%-1.1%0.8%
1Y37.9%14.0%21.1%

Return vs Industry: 9899 exceeded the Hong Kong Entertainment industry which returned 14% over the past year.

Return vs Market: 9899 exceeded the Hong Kong Market which returned 21.1% over the past year.

Price Volatility

Is 9899's price volatile compared to industry and market?
9899 volatility
9899 Average Weekly Movement8.1%
Entertainment Industry Average Movement10.3%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

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

FoundedEmployeesCEOWebsite
20131,300William 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$25.24b
Earnings (TTM)HK$1.33b
Revenue (TTM)HK$8.55b

19.0x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9899 income statement (TTM)
RevenueCN¥8.03b
Cost of RevenueCN¥5.47b
Gross ProfitCN¥2.56b
Other ExpensesCN¥1.31b
EarningsCN¥1.25b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.79
Gross Margin31.92%
Net Profit Margin15.57%
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 Analysis2024/12/24 21:28
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 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.

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