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NetEase Cloud Music Inc.SEHK:9899 Stock Report

Market Cap HK$55.7b
Share Price
HK$256.00
My Fair Value
HK$328.22
22.0% undervalued intrinsic discount
1Y90.3%
7D-2.6%
Portfolio Value
View

NetEase Cloud Music Inc.

SEHK:9899 Stock Report

Market Cap: HK$55.7b

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
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends0/6

9899 Community Fair Values

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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$256.00
52 Week HighHK$303.40
52 Week LowHK$106.00
Beta1.32
1 Month Change-5.40%
3 Month Change3.31%
1 Year Change90.33%
3 Year Change268.88%
5 Year Changen/a
Change since IPO28.06%

Recent News & Updates

NetEase Cloud Music's (HKG:9899) Earnings Are Built On Soft Foundations

Sep 18
NetEase Cloud Music's (HKG:9899) Earnings Are Built On Soft Foundations

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

Sep 04
Calculating The Intrinsic Value Of NetEase Cloud Music Inc. (HKG:9899)

Subdued Growth No Barrier To NetEase Cloud Music Inc. (HKG:9899) With Shares Advancing 26%

Jul 18
Subdued Growth No Barrier To NetEase Cloud Music Inc. (HKG:9899) With Shares Advancing 26%

Recent updates

NetEase Cloud Music's (HKG:9899) Earnings Are Built On Soft Foundations

Sep 18
NetEase Cloud Music's (HKG:9899) Earnings Are Built On Soft Foundations

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

Sep 04
Calculating The Intrinsic Value Of NetEase Cloud Music Inc. (HKG:9899)

Subdued Growth No Barrier To NetEase Cloud Music Inc. (HKG:9899) With Shares Advancing 26%

Jul 18
Subdued Growth No Barrier To NetEase Cloud Music Inc. (HKG:9899) With Shares Advancing 26%

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

Shareholder Returns

9899HK EntertainmentHK Market
7D-2.6%2.1%2.9%
1Y90.3%45.0%20.7%

Return vs Industry: 9899 exceeded the Hong Kong Entertainment industry which returned 45% over the past year.

Return vs Market: 9899 exceeded the Hong Kong Market which returned 20.7% over the past year.

Price Volatility

Is 9899's price volatile compared to industry and market?
9899 volatility
9899 Average Weekly Movement6.4%
Entertainment Industry Average Movement8.7%
Market Average Movement7.3%
10% most volatile stocks in HK Market15.8%
10% least volatile stocks in HK Market3.4%

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 (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19991,265William 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$55.68b
Earnings (TTM)HK$2.88b
Revenue (TTM)HK$8.42b
19.3x
P/E Ratio
6.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9899 income statement (TTM)
RevenueCN¥7.71b
Cost of RevenueCN¥5.06b
Gross ProfitCN¥2.65b
Other ExpensesCN¥11.09m
EarningsCN¥2.64b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)12.12
Gross Margin34.36%
Net Profit Margin34.22%
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 Analysis2025/10/04 06:09
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
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 25 analysts. 16 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