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
Period Ending	Feb '26 Feb 5, 2026	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
Market Capitalization	37,136	24,712	19,232	16,423	32,618	-
Market Cap Growth	51.47%	28.49%	17.11%	-49.65%	-	-
Enterprise Value	25,053	15,276	9,656	7,377	44,716	-
Last Close Price	170.70	114.20	89.75	77.50	157.00	-
PE Ratio	12.53	14.87	23.78	-	-	-
Forward PE	12.45	15.25	18.49	-	-	-
PS Ratio	4.40	2.92	2.22	1.62	3.80	-
PB Ratio	2.80	2.28	2.07	1.86	3.60	-
P/TBV Ratio	2.80	2.28	2.07	1.86	3.60	-
P/FCF Ratio	19.78	13.11	95.13	8.00	-	-
P/OCF Ratio	19.70	13.09	92.34	7.88	-	-
EV/Sales Ratio	2.97	1.81	1.11	0.73	5.21	-
EV/EBITDA Ratio	16.43	12.45	25.14	-	-	-
EV/EBIT Ratio	16.60	12.61	26.38	-	-	-
EV/FCF Ratio	13.34	8.11	47.76	3.59	-	-
Debt / Equity Ratio	0	0.00	0.00	0.00	0.00	-2.10
Debt / EBITDA Ratio	0.00	0.01	0.02	-	-	-
Debt / FCF Ratio	0.00	0.00	0.04	0.01	-	-
Asset Turnover	0.56	0.63	0.70	0.89	0.80	0.57
Quick Ratio	3.97	3.48	3.43	3.28	3.88	2.50
Current Ratio	4.18	3.61	3.65	3.48	4.50	3.16
Return on Equity (ROE)	24.62%	16.81%	9.03%	-2.91%	-198.19%	-
Return on Assets (ROA)	6.23%	5.65%	1.85%	-2.33%	-9.68%	-11.15%
Return on Invested Capital (ROIC)	126.91%	-	-	-	-147.48%	-123.80%
Return on Capital Employed (ROCE)	11.30%	11.10%	3.90%	-4.80%	-18.20%	-25.90%
Earnings Yield	7.78%	6.72%	4.21%	-1.52%	-7.74%	-
FCF Yield	5.06%	7.63%	1.05%	12.51%	-3.57%	-
Buyback Yield / Dilution	-0.68%	0.36%	-1.36%	-61.80%	-5.98%	-1.03%

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