NetEase Cloud Music has been growing earnings at an average annual rate of 75.8%, while the Entertainment industry saw earnings growing at 8.8% annually. Revenues have been growing at an average rate of 7.1% per year. NetEase Cloud Music's return on equity is 13.4%, and it has net margins of 15.6%.
Key information
75.8%
Earnings growth rate
77.1%
EPS growth rate
Entertainment Industry Growth
3.1%
Revenue growth rate
7.1%
Return on equity
13.4%
Net Margin
15.6%
Last Earnings Update
30 Jun 2024
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How NetEase Cloud Music makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
SHSC:9899 Revenue, expenses and earnings (CNY Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
30 Jun 24
8,029
1,250
940
824
31 Mar 24
7,948
992
932
846
31 Dec 23
7,867
734
923
869
30 Sep 23
8,254
539
884
919
30 Jun 23
8,642
343
844
970
31 Mar 23
8,817
61
825
991
31 Dec 22
8,992
-221
806
1,011
30 Sep 22
8,532
630
811
971
30 Jun 22
8,073
1,482
815
930
31 Mar 22
7,636
-526
788
921
31 Dec 21
6,998
-2,056
696
869
30 Sep 21
6,549
-3,894
635
809
30 Jun 21
6,101
-5,732
574
750
31 Mar 21
5,533
-4,077
479
650
31 Dec 20
4,896
-2,951
424
576
31 Dec 19
2,318
-2,016
279
363
31 Dec 18
1,148
-2,006
162
266
Quality Earnings: 9899 has high quality earnings.
Growing Profit Margin: 9899's current net profit margins (15.6%) are higher than last year (4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9899 has become profitable over the past 5 years, growing earnings by 75.8% per year.
Accelerating Growth: 9899's earnings growth over the past year (264.4%) exceeds its 5-year average (75.8% per year).
Earnings vs Industry: 9899 earnings growth over the past year (264.4%) exceeded the Entertainment industry 10.1%.
Return on Equity
High ROE: 9899's Return on Equity (13.4%) is considered low.