NetEase Cloud Music Inc. (HKG:9899)
Hong Kong · Delayed Price · Currency is HKD 88.10
-0.70 (-0.79%)
Sep 3, 2026, 4:08 PM HKT
NetEase Cloud Music Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 7,891 | 7,759 | 7,950 | 7,867 | 8,992 | 6,998 | |
Revenue Growth | 2.39% | -2.40% | 1.06% | -12.51% | 28.50% | 42.93% |
Cost of Revenue | 5,040 | 4,990 | 5,269 | 5,764 | 7,699 | 6,855 |
Gross Profit | 2,852 | 2,770 | 2,682 | 2,103 | 1,293 | 142.67 |
Selling, General & Admin | 707.6 | 585.34 | 796.18 | 923.34 | 806.28 | 695.53 |
Research & Development | 773.69 | 761.6 | 779.66 | 868.7 | 1,011 | 869.15 |
Other Operating Expenses | -142.84 | -188.69 | -32.6 | -21.59 | -145.53 | -71.49 |
Operating Expenses | 1,338 | 1,158 | 1,543 | 1,770 | 1,672 | 1,493 |
Operating Income | 1,513 | 1,611 | 1,138 | 332.22 | -378.69 | -1,351 |
Interest Expense | -0.13 | -0.19 | -0.24 | -0.32 | -0.35 | - |
Interest & Investment Income | 445.88 | 445.88 | 406.19 | 437.88 | 183.11 | 48.42 |
Earnings From Equity Investments | -5.81 | 0.1 | -6.54 | -0.06 | -2.72 | 2.33 |
Currency Exchange Gain (Loss) | -1.99 | -1.99 | -2.4 | -2.04 | 5 | -3.86 |
Other Non Operating Income (Expenses) | -33.05 | - | - | - | - | - |
EBT Excluding Unusual Items | 1,918 | 2,055 | 1,535 | 767.68 | -193.65 | -1,304 |
Gain (Loss) on Sale of Investments | 12.6 | 12.6 | 34.98 | - | -10.83 | 7.44 |
Other Unusual Items | - | - | - | - | - | -755.24 |
Pretax Income | 1,931 | 2,068 | 1,570 | 767.68 | -204.48 | -2,051 |
Income Tax Expense | 257.65 | -678.09 | 4.89 | 33.5 | 17.02 | 4.67 |
Earnings From Continuing Operations | 1,673 | 2,746 | 1,565 | 734.18 | -221.49 | -2,056 |
Minority Interest in Earnings | -0.98 | 2.38 | -3.86 | - | - | - |
Net Income | 1,672 | 2,748 | 1,562 | 734.18 | -221.49 | -2,056 |
Net Income to Common | 1,672 | 2,748 | 1,562 | 734.18 | -221.49 | -2,056 |
Net Income Growth | -36.60% | 76.00% | 112.69% | - | - | - |
Shares Outstanding (Basic) | 210 | 211 | 209 | 210 | 209 | 129 |
Shares Outstanding (Diluted) | 212 | 214 | 211 | 212 | 209 | 129 |
Shares Change | -0.05% | 1.18% | -0.36% | 1.36% | 61.80% | 5.98% |
EPS (Basic) | 7.95 | 13.02 | 7.48 | 3.49 | -1.06 | -15.92 |
EPS (Diluted) | 7.88 | 12.87 | 7.40 | 3.47 | -1.06 | -15.92 |
EPS Growth | -36.59% | 73.92% | 113.26% | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | - | 1,607 | 1,771 | 183.51 | 1,817 | -947.91 |
Free Cash Flow Per Share | - | 7.53 | 8.39 | 0.87 | 8.69 | -7.34 |
Gross Margin | 36.14% | 35.69% | 33.73% | 26.73% | 14.38% | 2.04% |
Operating Margin | 19.17% | 20.77% | 14.32% | 4.22% | -4.21% | -19.30% |
Profit Margin | 21.19% | 35.42% | 19.64% | 9.33% | -2.46% | -29.38% |
Free Cash Flow Margin | - | 20.71% | 22.27% | 2.33% | 20.20% | -13.55% |
EBITDA | 1,524 | 1,622 | 1,153 | 348.7 | -356.13 | -1,335 |
EBITDA Margin | 19.31% | 20.91% | 14.51% | 4.43% | -3.96% | -19.09% |
D&A For EBITDA | 10.68 | 10.89 | 14.91 | 16.47 | 22.56 | 15.04 |
EBIT | 1,513 | 1,611 | 1,138 | 332.22 | -378.69 | -1,351 |
EBIT Margin | 19.17% | 20.77% | 14.32% | 4.22% | -4.21% | -19.30% |
Effective Tax Rate | 13.35% | - | 0.31% | 4.36% | - | - |
Advertising Expenses | - | 295.67 | 519.76 | 688.31 | 563.47 | - |