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NetEase Cloud Music Lifts Profit in 2025 Despite Revenue Dip

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NetEase Cloud Music Lifts Profit in 2025 Despite Revenue Dip

Meet Samuel – Your Personal Investing Prophet

Cloud Music Inc. ( (HK:9899) ) just unveiled an announcement.

NetEase Cloud Music Inc. reported unaudited 2025 results showing revenue dipping 2.4% year on year to RMB7.76 billion, but profitability improved across key metrics. Gross profit rose 3.3%, operating profit jumped 38.5%, and profit for the year surged 75.4%, helped by a significant deferred income tax credit tied to recognised tax-loss carryforwards.

The company’s adjusted non-IFRS figures also showed strong momentum, with adjusted operating profit up 32.4% and adjusted net profit up 68.2%, highlighting improving operating efficiency despite flat-to-declining top-line growth. Management emphasised that these non-IFRS measures are intended to better reflect underlying performance, suggesting a focus on sustainable profitability and cost discipline in a competitive music streaming market.

The most recent analyst rating on (HK:9899) stock is a Hold with a HK$233.00 price target. To see the full list of analyst forecasts on Cloud Music Inc. stock, see the HK:9899 Stock Forecast page.

More about Cloud Music Inc.

Cloud Music Inc., also known as NetEase Cloud Music Inc., operates in the online music and audio entertainment industry. The company offers digital music streaming and related services, generating revenue primarily from music subscriptions, social entertainment, and associated value-added services in the Chinese market.

Average Trading Volume: 728,076

Technical Sentiment Signal: Sell

Current Market Cap: HK$35.98B

See more data about 9899 stock on TipRanks’ Stock Analysis page.

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