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Cloud Music Inc. (HK:9899)
:9899
9899 Stock Chart & Stats
HK$188.50
HK$0.00(0.00%)
At close: 4:00 PM EST
HK$188.50
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$106.10 - HK$303.40
Previous CloseN/A
Volume126.60K
Average Volume (3M)590.28K
Market Cap
HK$39.58B
Enterprise ValueHK$39.27B
Total Cash (Recent Filing)HK$11.03B
Total Debt (Recent Filing)HK$5.91M
Price to Earnings (P/E)13.9
Beta1.14
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding217,880,970
10 Day Avg. Volume443,933
30 Day Avg. Volume590,279
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)2.20
Price to Sales (P/S)2.82
P/FCF Ratio12.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$295.00Price Target Upside56.50% 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.
Cloud Music Inc. News
9899 FAQ
What was Cloud Music Inc.’s price range in the past 12 months?
Cloud Music Inc. lowest stock price was HK$106.10 and its highest was HK$303.40 in the past 12 months.
What is Cloud Music Inc.’s market cap?
Cloud Music Inc.’s market cap is HK$39.58B.
When is Cloud Music Inc.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Cloud Music Inc.’s earnings last quarter?
Currently, no data Available
Is Cloud Music Inc. overvalued?
According to Wall Street analysts Cloud Music Inc.’s price is currently Undervalued.
Does Cloud Music Inc. pay dividends?
Cloud Music Inc. does not currently pay dividends.
What is Cloud Music Inc.’s EPS estimate?
Cloud Music Inc.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Cloud Music Inc. have?
Cloud Music Inc. has 217,880,970 shares outstanding.
What happened to Cloud Music Inc.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of 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
Cloud Music Inc. Stock Smart Score
Neutral
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
92.72%
12-Months-Change
Fundamentals
Return on Equity
24.41%
Trailing 12-Months
Asset Growth
25.21%
Trailing 12-Months
Company Description
Cloud Music Inc.
Cloud Village 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. The company offers music membership subscriptions, sublicensing of content royalties, and online advertising services, as well as sells digital albums, virtual items, and singles; and hosts live streaming services. It also offers NetEase Cloud Music, an online music platform; and ancillary, social entertainment products, such as LOOK Live Streaming, Sheng Bo, and Yin Jie. In addition, the company provides artist management, online music streaming, and music production services. It serves advertisers and paying users. The company was founded in 2013 and is headquartered in Hangzhou, China. Cloud Village Inc. is a subsidiary of NetEase, Inc.
9899 Stock 12 Month Forecast
Average Price Target
HK$295.00
▲(56.50% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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