NetEase Cloud Music Inc. (HKG:9899)
150.50
+3.10 (2.10%)
Mar 10, 2026, 10:35 AM HKT
NetEase Cloud Music Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2018 |
|---|---|---|---|---|---|---|
Period Ending | 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 | 2020 - 2018 |
| Revenue | 7,759 | 7,950 | 7,867 | 8,992 | 6,998 | Upgrade
|
| Revenue Growth (YoY) | -2.40% | 1.06% | -12.51% | 28.50% | 42.93% | Upgrade
|
| Cost of Revenue | 4,990 | 5,269 | 5,764 | 7,699 | 6,855 | Upgrade
|
| Gross Profit | 2,770 | 2,682 | 2,103 | 1,293 | 142.67 | Upgrade
|
| Selling, General & Admin | 585.34 | 796.18 | 923.34 | 806.28 | 695.53 | Upgrade
|
| Research & Development | 761.6 | 779.66 | 868.7 | 1,011 | 869.15 | Upgrade
|
| Other Operating Expenses | -188.69 | -32.6 | -21.59 | -145.53 | -71.49 | Upgrade
|
| Operating Expenses | 1,158 | 1,543 | 1,770 | 1,672 | 1,493 | Upgrade
|
| Operating Income | 1,611 | 1,138 | 332.22 | -378.69 | -1,351 | Upgrade
|
| Interest Expense | -0.19 | -0.24 | -0.32 | -0.35 | - | Upgrade
|
| Interest & Investment Income | 445.88 | 406.19 | 437.88 | 183.11 | 48.42 | Upgrade
|
| Earnings From Equity Investments | 0.1 | -6.54 | -0.06 | -2.72 | 2.33 | Upgrade
|
| Currency Exchange Gain (Loss) | -1.99 | -2.4 | -2.04 | 5 | -3.86 | Upgrade
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| EBT Excluding Unusual Items | 2,055 | 1,535 | 767.68 | -193.65 | -1,304 | Upgrade
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| Gain (Loss) on Sale of Investments | 12.6 | 34.98 | - | -10.83 | 7.44 | Upgrade
|
| Other Unusual Items | - | - | - | - | -755.24 | Upgrade
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| Pretax Income | 2,068 | 1,570 | 767.68 | -204.48 | -2,051 | Upgrade
|
| Income Tax Expense | -678.09 | 4.89 | 33.5 | 17.02 | 4.67 | Upgrade
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| Earnings From Continuing Operations | 2,746 | 1,565 | 734.18 | -221.49 | -2,056 | Upgrade
|
| Minority Interest in Earnings | 2.38 | -3.86 | - | - | - | Upgrade
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| Net Income | 2,748 | 1,562 | 734.18 | -221.49 | -2,056 | Upgrade
|
| Net Income to Common | 2,748 | 1,562 | 734.18 | -221.49 | -2,056 | Upgrade
|
| Net Income Growth | 76.00% | 112.69% | - | - | - | Upgrade
|
| Shares Outstanding (Basic) | 211 | 209 | 210 | 209 | 129 | Upgrade
|
| Shares Outstanding (Diluted) | 214 | 211 | 212 | 209 | 129 | Upgrade
|
| Shares Change (YoY) | 1.18% | -0.36% | 1.36% | 61.80% | 5.98% | Upgrade
|
| EPS (Basic) | 13.02 | 7.48 | 3.49 | -1.06 | -15.92 | Upgrade
|
| EPS (Diluted) | 12.87 | 7.40 | 3.47 | -1.06 | -15.92 | Upgrade
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| EPS Growth | 73.92% | 113.26% | - | - | - | Upgrade
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| Free Cash Flow | - | 1,771 | 183.51 | 1,817 | -947.91 | Upgrade
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| Free Cash Flow Per Share | - | 8.39 | 0.87 | 8.69 | -7.34 | Upgrade
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| Gross Margin | 35.69% | 33.73% | 26.73% | 14.38% | 2.04% | Upgrade
|
| Operating Margin | 20.77% | 14.32% | 4.22% | -4.21% | -19.30% | Upgrade
|
| Profit Margin | 35.42% | 19.64% | 9.33% | -2.46% | -29.38% | Upgrade
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| Free Cash Flow Margin | - | 22.27% | 2.33% | 20.20% | -13.55% | Upgrade
|
| EBITDA | 1,626 | 1,153 | 348.7 | -356.13 | -1,335 | Upgrade
|
| EBITDA Margin | 20.96% | 14.51% | 4.43% | -3.96% | -19.09% | Upgrade
|
| D&A For EBITDA | 14.91 | 14.91 | 16.47 | 22.56 | 15.04 | Upgrade
|
| EBIT | 1,611 | 1,138 | 332.22 | -378.69 | -1,351 | Upgrade
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| EBIT Margin | 20.77% | 14.32% | 4.22% | -4.21% | -19.30% | Upgrade
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| Effective Tax Rate | - | 0.31% | 4.36% | - | - | Upgrade
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| Advertising Expenses | 295.67 | 519.76 | 688.31 | 563.47 | - | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.