NetEase Cloud Music Inc. (HKG:9899)
88.10
-0.70 (-0.79%)
Sep 3, 2026, 4:08 PM HKT
NetEase Cloud Music Ratios and Metrics
Market cap in millions HKD. Fiscal year is January - December.
Millions HKD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 2, 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 |
| 18,677 | 40,464 | 24,712 | 19,232 | 16,423 | 32,618 | |
Market Cap Growth | -69.16% | 63.74% | 28.49% | 17.11% | -49.65% | - |
Enterprise Value | 3,519 | 28,382 | 15,276 | 9,656 | 7,377 | 44,716 |
Last Close Price | 88.80 | 186.00 | 114.20 | 89.75 | 77.50 | 157.00 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 2, 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 |
PE Ratio | 9.76 | 13.23 | 14.87 | 23.78 | - | - |
Forward PE | 8.69 | 14.53 | 15.25 | 18.49 | - | - |
PS Ratio | 2.05 | 4.69 | 2.92 | 2.22 | 1.62 | 3.80 |
PB Ratio | 1.28 | 2.83 | 2.28 | 2.07 | 1.86 | 3.60 |
P/TBV Ratio | 1.28 | 2.83 | 2.28 | 2.07 | 1.86 | 3.60 |
P/FCF Ratio | - | 22.63 | 13.11 | 95.13 | 8.00 | - |
P/OCF Ratio | - | 22.47 | 13.09 | 92.34 | 7.88 | - |
PEG Ratio | - | 0.84 | - | - | - | - |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 2, 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 |
EV/Sales Ratio | 0.39 | 3.29 | 1.81 | 1.11 | 0.73 | 5.21 |
EV/EBITDA Ratio | 2.01 | 15.72 | 12.45 | 25.14 | - | - |
EV/EBIT Ratio | 2.02 | 15.83 | 12.61 | 26.38 | - | - |
EV/FCF Ratio | - | 15.87 | 8.11 | 47.76 | 3.59 | - |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 2, 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 |
Debt / Equity Ratio | 0 | 0 | 0.00 | 0.00 | 0.00 | 0.00 |
Debt / EBITDA Ratio | 0.00 | 0.00 | 0.01 | 0.02 | - | - |
Debt / FCF Ratio | - | 0.00 | 0.00 | 0.04 | 0.01 | - |
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 | -27.24 | 25.55 | 4.95 |
Net Debt / FCF Ratio | - | -7.57 | -5.77 | -51.76 | -5.01 | 6.98 |
Asset Turnover | 0.50 | 0.52 | 0.63 | 0.70 | 0.89 | 0.80 |
Quick Ratio | 4.05 | 3.85 | 3.48 | 3.43 | 3.28 | 3.88 |
Current Ratio | 4.30 | 4.04 | 3.61 | 3.65 | 3.48 | 4.50 |
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 | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 2, 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 |
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% |