NetEase Cloud Music Inc.
Research NetEase Cloud Music Inc. (9899.HK) on Bullrun: market cap HKD 18.01B, P/E 10.0. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- Ticker9899.HK
- ExchangeHK
- CountryChina
- SectorCommunication Services
- IndustryInternet Content & Information
- CurrencyHKD
- Market capHKD 18.01B
- P/E10.0
- Financial periodFY2025
- RevenueCNY 7.76B
- Revenue growth-2.4%
- Net incomeCNY 2.75B
- Free cash flowCNY 1.61B
- Gross margin35.7%
Valuation Snapshot
latest market cap is HKD 18.01B; P/E is 10.0.
Peer valuation comparison
Latest P/E is 9.98x versus a Communication Services sector median of 15.79x (36.8% below).
Latest P/E is 9.98x versus a China median of 16.26x (38.7% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CNY 7.76B | CNY 2.75B | CNY 1.61B | 35.7% | 12.87 | CNY 3.12B | CNY 6.20M | CNY 12.87B |
| FY2024 | CNY 7.95B | CNY 1.56B | CNY 1.77B | 33.7% | 7.4 | CNY 3.80B | CNY 6.47M | CNY 10.18B |
| FY2023 | CNY 7.87B | CNY 734.18M | CNY 183.51M | 26.7% | 3.47 | CNY 4.02B | CNY 6.36M | CNY 8.44B |
| FY2022 | CNY 8.99B | -CNY 221.49M | CNY 1.82B | 14.4% | -1.06 | CNY 2.92B | CNY 8.40M | CNY 7.82B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-18 | HKD 18.01B | 10.0 | n/a | 0 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0 HKD.
About NetEase Cloud Music Inc.
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; sublicensing of contents royalties;
Related stock research
Other Communication Services stocks
Frequently asked questions
What is NetEase Cloud Music Inc.'s market cap?
NetEase Cloud Music Inc.'s market capitalization is HKD 18.01B.
What is NetEase Cloud Music Inc.'s P/E ratio?
NetEase Cloud Music Inc.'s price-to-earnings (P/E) ratio is 10.0.
What does NetEase Cloud Music Inc. do?
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; sublicensing of contents royalties; and online advertising services on its online platforms, as well as sells digital music album and songs, and virtual items in social entertainment platforms operating.