NetEase Cloud Music Inc.

SZSC:9899 Stock Report

Market Cap: HK$25.3b

NetEase Cloud Music Past Earnings Performance

Past criteria checks 5/6

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 Growth3.1%
Revenue growth rate7.1%
Return on equity13.4%
Net Margin15.6%
Last Earnings Update30 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

SZSC:9899 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 248,0291,250940824
31 Mar 247,948992932846
31 Dec 237,867734923869
30 Sep 238,254539884919
30 Jun 238,642343844970
31 Mar 238,81761825991
31 Dec 228,992-2218061,011
30 Sep 228,532630811971
30 Jun 228,0731,482815930
31 Mar 227,636-526788921
31 Dec 216,998-2,056696869
30 Sep 216,549-3,894635809
30 Jun 216,101-5,732574750
31 Mar 215,533-4,077479650
31 Dec 204,896-2,951424576
31 Dec 192,318-2,016279363
31 Dec 181,148-2,006162266

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.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 01:56
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