NetEase Cloud Music Inc. (HK:9899)
:9899
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9899 Stock Chart & Stats
HK$125.00
HK$0.00(0.00%)
At close: 4:00 PM EST
HK$125.00
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$109.00 - HK$303.40
Previous CloseN/A
Volume126.60K
Average Volume (3M)590.28K
Market Cap
HK$23.72B
Enterprise ValueHK$18.66B
Total Cash (Recent Filing)HK$11.03B
Total Debt (Recent Filing)HK$5.91M
Price to Earnings (P/E)7.6
Beta1.30
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding217,961,760
10 Day Avg. Volume443,933
30 Day Avg. Volume590,279
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)2.77
Price to Sales (P/S)4.60
P/FCF Ratio22.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$144.00Price Target Upside15.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Earnings ProspectsAnalyst recommends maintaining a BUY rating on the strong earnings prospect and southbound fund inflow.
Music Business GrowthThe company's strong music business is driven by subscriber growth, with online music services revenue increasing by 16% YoY.
ProfitabilityAdjusted net profit grew by 108% YoY to RMB1.70bn, 20% ahead of consensus estimates, mainly thanks to the improved profitability of online music business and effective opex control.
Bears Say
Revenue DeclineTotal revenue declined by 6% YoY, indicating challenges despite other positive financial metrics.
Social Entertainment RevenueSocial entertainment and others revenue was down by 33% YoY to RMB1.1bn in 2H24, as the company adopted a more prudent operational approach for the live streaming services.
NetEase Cloud Music Inc. News
9899 FAQ
What was NetEase Cloud Music Inc.’s price range in the past 12 months?
NetEase Cloud Music Inc. lowest stock price was HK$109.00 and its highest was HK$303.40 in the past 12 months.
What is NetEase Cloud Music Inc.’s market cap?
NetEase Cloud Music Inc.’s market cap is HK$23.72B.
When is NetEase Cloud Music Inc.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were NetEase Cloud Music Inc.’s earnings last quarter?
Currently, no data Available
Is NetEase Cloud Music Inc. overvalued?
According to Wall Street analysts NetEase Cloud Music Inc.’s price is currently Undervalued.
Does NetEase Cloud Music Inc. pay dividends?
NetEase Cloud Music Inc. does not currently pay dividends.
What is NetEase Cloud Music Inc.’s EPS estimate?
NetEase Cloud Music Inc.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does NetEase Cloud Music Inc. have?
NetEase Cloud Music Inc. has 217,961,760 shares outstanding.
What happened to NetEase Cloud Music Inc.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of NetEase Cloud Music Inc.?
Currently, no hedge funds are holding shares in HK:9899
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
NetEase Cloud Music Inc. Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
HK$144.00 (15.20% Upside)
HK$144.00 (15.20% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
92.72%
12-Months-Change
Fundamentals
Return on Equity
23.25%
Trailing 12-Months
Asset Growth
26.85%
Trailing 12-Months
Company Description
NetEase Cloud Music Inc.
Cloud Music Inc. (9899.HK), operating through its parent entity Cloud Village Inc., functions as an investment holding company primarily focused on delivering digital music and social entertainment experiences across the People's Republic of China. Its diverse revenue streams encompass premium music membership subscriptions, the sublicensing of content royalties, and providing online advertising solutions. The company also generates income from the direct sale of digital albums, singles, and various virtual in-app items. At the core of its offerings is NetEase Cloud Music, its flagship online platform, which is complemented by a suite of social entertainment products like LOOK Live Streaming, Sheng Bo, and Yin Jie. Beyond its consumer-facing platforms, Cloud Village extends its services to include artist management, comprehensive online music streaming capabilities, and music production. These extensive offerings cater to a broad user base, encompassing both paying subscribers and advertising partners. Established in 2013, the company maintains its headquarters in Hangzhou, China, and operates as a subsidiary of NetEase, Inc.
9899 Stock 12 Month Forecast
Average Price Target
HK$144.00
▲(15.20% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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