NetEase Cloud Music Ratios and Metrics

Market cap in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Oct '25 Oct 23, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Market Capitalization	53,601	24,712	19,232	16,423	32,618	-	Upgrade
Market Cap Growth	77.02%	28.49%	17.11%	-49.65%	-	-	Upgrade
Enterprise Value	41,518	15,276	9,656	7,377	44,716	-	Upgrade
Last Close Price	246.40	114.20	89.75	77.50	157.00	-	Upgrade
PE Ratio	18.09	14.87	23.78	-	-	-	Upgrade
Forward PE	18.41	15.25	18.49	-	-	-	Upgrade
PS Ratio	6.35	2.92	2.22	1.62	3.80	-	Upgrade
PB Ratio	4.04	2.28	2.07	1.86	3.60	-	Upgrade
P/TBV Ratio	4.04	2.28	2.07	1.86	3.60	-	Upgrade
P/FCF Ratio	28.55	13.11	95.13	8.00	-	-	Upgrade
P/OCF Ratio	28.43	13.09	92.34	7.88	-	-	Upgrade
EV/Sales Ratio	4.92	1.81	1.11	0.73	5.21	-	Upgrade
EV/EBITDA Ratio	27.22	12.45	25.14	-	-	-	Upgrade
EV/EBIT Ratio	27.51	12.61	26.38	-	-	-	Upgrade
EV/FCF Ratio	22.12	8.11	47.76	3.59	-	-	Upgrade
Debt / Equity Ratio	0	0.00	0.00	0.00	0.00	-2.10	Upgrade
Debt / EBITDA Ratio	0.00	0.01	0.02	-	-	-	Upgrade
Debt / FCF Ratio	0.00	0.00	0.04	0.01	-	-	Upgrade
Asset Turnover	0.56	0.63	0.70	0.89	0.80	0.57	Upgrade
Quick Ratio	3.97	3.48	3.43	3.28	3.88	2.50	Upgrade
Current Ratio	4.18	3.61	3.65	3.48	4.50	3.16	Upgrade
Return on Equity (ROE)	24.62%	16.81%	9.03%	-2.91%	-198.19%	-	Upgrade
Return on Assets (ROA)	6.23%	5.65%	1.85%	-2.33%	-9.68%	-11.15%	Upgrade
Return on Capital (ROIC)	8.06%	7.63%	2.55%	-3.11%	-12.74%	-13.94%	Upgrade
Return on Capital Employed (ROCE)	11.30%	11.10%	3.90%	-	-	-	Upgrade
Earnings Yield	5.39%	6.72%	4.21%	-1.52%	-7.74%	-	Upgrade
FCF Yield	3.50%	7.63%	1.05%	12.51%	-3.57%	-	Upgrade
Buyback Yield / Dilution	-0.68%	0.36%	-1.36%	-61.80%	-5.98%	-1.03%	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.