- Investing.com
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; contents sublicensing; and online advertising services on its online platforms, as well as sells digital music album and songs, and virtual items in live streaming platforms. 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.
Metrics to compare | 9899 | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship Relationship9899PeersSector | |
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P/E Ratio | 21.2x | −9.6x | 6.4x | |
PEG Ratio | 0.19 | 0.11 | 0.01 | |
Price/Book | 4.6x | 5.1x | 1.8x | |
Price / LTM Sales | 7.2x | 8.4x | 1.5x | |
Upside (Analyst Target) | −25.9% | −8.5% | 19.7% | |
Fair Value Upside | Unlock | −9.6% | 13.2% | Unlock |