NetEase Cloud Music is forecast to grow earnings and revenue by 9.2% and 6.9% per annum respectively. EPS is expected to grow by 8.5% per annum. Return on equity is forecast to be 12.7% in 3 years.
Key information
9.2%
Earnings growth rate
8.5%
EPS growth rate
Entertainment earnings growth
13.2%
Revenue growth rate
6.9%
Future return on equity
12.7%
Analyst coverage
Good
Last updated
30 Oct 2024
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
SHSC:9899 - Analysts future estimates and past financials data (CNY Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2026
9,548
1,606
1,622
1,481
9
12/31/2025
8,751
1,414
1,427
1,261
12
12/31/2024
8,044
1,317
1,147
1,055
11
6/30/2024
8,029
1,250
1,139
1,144
N/A
3/31/2024
7,948
992
661
666
N/A
12/31/2023
7,867
734
184
189
N/A
9/30/2023
8,254
539
428
438
N/A
6/30/2023
8,642
343
673
687
N/A
3/31/2023
8,817
61
1,245
1,265
N/A
12/31/2022
8,992
-221
1,817
1,843
N/A
9/30/2022
8,532
630
1,197
1,233
N/A
6/30/2022
8,073
1,482
577
622
N/A
3/31/2022
7,636
-526
-462
-421
N/A
12/31/2021
6,998
-2,056
-948
-908
N/A
9/30/2021
6,549
-3,894
-976
-948
N/A
6/30/2021
6,101
-5,732
-1,004
-987
N/A
3/31/2021
5,533
-4,077
-1,169
-1,146
N/A
12/31/2020
4,896
-2,951
-990
-969
N/A
12/31/2019
2,318
-2,016
-1,721
-1,706
N/A
12/31/2018
1,148
-2,006
-2,761
-2,746
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 9899's forecast earnings growth (9.2% per year) is above the savings rate (2.3%).
Earnings vs Market: 9899's earnings (9.2% per year) are forecast to grow slower than the Hong Kong market (11.9% per year).
High Growth Earnings: 9899's earnings are forecast to grow, but not significantly.
Revenue vs Market: 9899's revenue (6.9% per year) is forecast to grow slower than the Hong Kong market (7.8% per year).
High Growth Revenue: 9899's revenue (6.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 9899's Return on Equity is forecast to be low in 3 years time (12.7%).