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NetEase Cloud Music SZSC:9899 Stock Report

Last Price

HK$114.30

Market Cap

HK$24.7b

7D

-9.6%

1Y

17.4%

Updated

13 Nov, 2024

Data

Company Financials +

NetEase Cloud Music Inc.

SZSC:9899 Stock Report

Market Cap: HK$24.7b

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.

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.

NetEase Cloud Music Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NetEase Cloud Music
Historical stock prices
Current Share PriceHK$114.30
52 Week HighHK$144.70
52 Week LowHK$78.50
Beta1.12
11 Month Change-14.06%
3 Month Changen/a
1 Year Change17.35%
33 Year Changen/a
5 Year Changen/a
Change since IPO45.79%

Recent News & Updates

Recent updates

Shareholder Returns

9899HK EntertainmentHK Market
7D-9.6%-2.4%-3.0%
1Y17.4%-27.9%10.4%

Return vs Industry: 9899 exceeded the Hong Kong Entertainment industry which returned -25.7% over the past year.

Return vs Market: 9899 exceeded the Hong Kong Market which returned 13.8% over the past year.

Price Volatility

Is 9899's price volatile compared to industry and market?
9899 volatility
9899 Average Weekly Movement8.7%
Entertainment Industry Average Movement10.6%
Market Average Movement9.0%
10% most volatile stocks in HK Market19.0%
10% least volatile stocks in HK Market4.2%

Stable Share Price: 9899 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: Insufficient data to determine 9899's volatility change 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$24.68b
Earnings (TTM)HK$1.35b
Revenue (TTM)HK$8.66b

18.3x

P/E Ratio

2.8x

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