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NetEase Cloud Music Inc. (9899.HK)

HKSE · HKD · Communication Services · Internet Content & Information

HK$86.95 (-1.08%) as of

Key statistics

Market cap
17.86B
P/E (TTM)
9.89
Forward P/E
8.19
EPS (TTM)
8.790
Dividend yield
0.00%
52-week range
80.550 – 261.200
Beta
1.10
Revenue (TTM)
7.89B
Profit margin
21.19%
Analyst target
HK$146.59
Volume
364.55k

About NetEase Cloud Music Inc.

NetEase Cloud Music Inc., an investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People's Republic of China. It operates NetEase Cloud Music, an online music platform. The company also offers ancillary and social entertainment products, such as LOOK Live Streaming, Sheng Bo, and Yin Jie; membership subscription; sublicensing of contents royalties; and online advertising services on its online platforms, as well as sells digital music album and songs, and virtual items in social entertainment platforms operating. In addition, it provides online music streaming services. The company was formerly known as Cloud Music Inc. and changed its name to NetEase Cloud Music Inc. in November 2024. The company was founded in 1999 and is headquartered in Hangzhou, China. NetEase Cloud Music Inc. is a subsidiary of NetEase, Inc.

Sector
Communication Services
Industry
Internet Content & Information
Headquarters
Hangzhou, China
Employees
1,239

ir.music.163.com

Financial statements (income statement, balance sheet, cash flow) and an interactive price chart are available on this page with JavaScript enabled.

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