Cloud Music Inc.

Cloud Music Inc.

9899.HK
Cloud Music Inc.HK flagHong Kong Stock Exchange
120.50
HKD
+3.70
- -
24.67BMarket Cap
Cloud Music Inc.
9899.HK
(Hong Kong Stock Exchange)

Recent

price

120.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
FRC
5.53
11.16
23.56
54.18
43.03
37.39
38.07
36.77
Revenue per Share
-9.66
-9.7
-14.21
-15.92
-1.06
3.49
7.48
13.02
Basic EPS, GAAP
-13.29
-8.28
-4.77
-7.34
8.69
0.87
8.48
7.61
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-16.45
-26.1
-40.3
-82.07
-51.79
-47.96
-40.85
-27.41
Book Value per Share
-4.33
-14.18
-25.54
57.15
37.42
40.12
48.75
60.98
Tangible Book Value per Share
208
208
208
129
209
210
209
211
Basic Weighted Avg Shares
1,148
2,318
4,896
6,998
8,992
7,867
7,950
7,759
Sales/Revenue/Turnover
-152.02
-71.07
-31.14
-19.29
-4.25
4.86
14.26
20.68
Operating Margin (%)
18
14
22
16
25
19
17
13
Depreciation Expense
-2,006
-2,016
-2,951
-2,056
-221
734
1,562
2,748
Net Income, GAAP
- -
- -
- -
- -
- -
4.36
0.31
- -
Effective Tax Rate (%)
-174.75
-86.95
-60.29
-29.38
-2.46
9.33
19.64
35.42
Profit Margin (%)
3,563
7,046
4,690
6,821
7,465
8,223
8,640
10,588
Working Capital
- -
- -
- -
8
6
3
5
4
LT Debt
-900
-2,946
-5,307
7,382
7,820
8,441
10,182
12,869
Total Equity
- -
- -
- -
- -
- -
4.48
12.08
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
-7.03
-16.75
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-35.64%
26.4%
Free Cash Flow
- -
93.99%
-9.26%
Net Income, GAAP
- -
-72.47%
76%
Sales/Revenue/Turnover
- -
11.52%
-2.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
7,867
2024
- -
- -
- -
- -
7,950
2025
- -
- -
- -
- -
7,759

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
3.49
2024
- -
- -
- -
- -
7.48
2025
- -
- -
- -
- -
13.02

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Business
NetEase Cloud Music Inc. NetEase Cloud Music Inc. (9899:HK), a subsidiary of NetEase, Inc., operates as an investment holding company primarily engaged in providing online music and social entertainment services in China. The company runs its flagship NetEase Cloud Music platform, offering online music streaming, membership subscriptions, digital album and song sales, content sublicensing, and online advertising; it also provides social entertainment through live streaming platforms such as LOOK Live Streaming, social networking services including Sheng Bo and Yin Jie, and sales of virtual items. Founded in 1999 and headquartered at Room 1201, Block A, Hangzhou International Expo Center, No. 353 Benji Street, Hangzhou, China, NetEase Cloud Music Inc. focuses on the domestic Chinese market with approximately 1,330 employees. In November 2024, the company changed its name from Cloud Music Inc. to NetEase Cloud Music Inc. and completed related corporate registration; it recently expanded content through strategic partnerships, including agreements with Korean labels like JYP Entertainment for K-pop, production companies for K-drama soundtracks, Modern Sky Entertainment for domestic genres such as rap and rock, and Western artists in electronic, hip-hop, folk, and rock music. Additionally, collaborations with NetEase's gaming and online education divisions, such as Youdao Dictionary, integrate music features to enhance user experiences across platforms.