NetEase Cloud Music Inc. (HKG:9899)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
88.10
-0.70 (-0.79%)
Sep 3, 2026, 4:08 PM HKT

NetEase Cloud Music Ratios and Metrics

Millions HKD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
18,67740,46424,71219,23216,42332,618
Market Cap Growth
-69.16%63.74%28.49%17.11%-49.65%-
Enterprise Value
3,51928,38215,2769,6567,37744,716
Last Close Price
88.80186.00114.2089.7577.50157.00

Price Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
9.7613.2314.8723.78--
Forward PE
8.6914.5315.2518.49--
PS Ratio
2.054.692.922.221.623.80
PB Ratio
1.282.832.282.071.863.60
P/TBV Ratio
1.282.832.282.071.863.60
P/FCF Ratio
-22.6313.1195.138.00-
P/OCF Ratio
-22.4713.0992.347.88-
PEG Ratio
-0.84----

EV Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
EV/Sales Ratio
0.393.291.811.110.735.21
EV/EBITDA Ratio
2.0115.7212.4525.14--
EV/EBIT Ratio
2.0215.8312.6126.38--
EV/FCF Ratio
-15.878.1147.763.59-

Financial Efficiency

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Debt / Equity Ratio
000.000.000.000.00
Debt / EBITDA Ratio
0.000.000.010.02--
Debt / FCF Ratio
-0.000.000.040.01-
Net Debt / Equity Ratio
-1.04-0.95-1.00-1.12-1.16-0.90
Net Debt / EBITDA Ratio
-8.62-7.50-8.86-27.2425.554.95
Net Debt / FCF Ratio
--7.57-5.77-51.76-5.016.98
Asset Turnover
0.500.520.630.700.890.80
Quick Ratio
4.053.853.483.433.283.88
Current Ratio
4.304.043.613.653.484.50
Return on Equity (ROE)
13.51%23.82%16.81%9.03%-2.91%-198.19%
Return on Assets (ROA)
5.98%6.70%5.65%1.85%-2.33%-9.68%
Return on Invested Capital (ROIC)
-483.78%----40.59%
Return on Capital Employed (ROCE)
11.90%12.40%11.10%3.90%-4.80%-18.20%

Yields

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Earnings Yield
10.33%7.56%6.72%4.21%-1.52%-7.74%
FCF Yield
-4.42%7.63%1.05%12.51%-3.57%
Buyback Yield / Dilution
0.05%-1.18%0.36%-1.36%-61.80%-5.98%