Loading
HKSECommunication ServicesInternet Content & Information
Latest quote
HK$86.85
+HK$0.75 · +0.87%
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.
Latest quote
HK$86.85
+HK$0.75 · +0.87%
Regular session · HKT · Market data may be delayed.
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.
Day range
Current HK$86.85
52-week range
Current HK$86.85
Regular session · HKT · Market data may be delayed.
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.
Day range
Current HK$86.85
52-week range
Current HK$86.85
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (CNY) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 7.76B CNY | 7.95B CNY | 7.87B CNY | 8.99B CNY | 7B CNY |
| Cost of goods sold | 4.99B CNY | 5.27B CNY | 5.76B CNY | 8.71B CNY | 8.41B CNY |
| Gross profit | 2.77B CNY | 2.68B CNY | 2.1B CNY | 1.29B CNY | 142.67M CNY |
| Research and development | 761.6M CNY | 779.66M CNY | 868.7M CNY | 1.01B CNY | 869.15M CNY |
| Selling, general, and administrative | 585.34M CNY | 796.18M CNY | 923.34M CNY | 806.28M CNY | 695.53M CNY |
| Operating expenses | 1.15B CNY | 1.51B CNY | 1.77B CNY | 1.68B CNY | 1.49B CNY |
| Interest income | 445.88M CNY | 406.19M CNY | 437.88M CNY | 183.11M CNY | 48.42M CNY |
| Interest expense | 194K CNY | 239K CNY | 317K CNY | 349K CNY | — |
| Depreciation and amortization | 10.89M CNY | 17.22M CNY | 19.37M CNY | 22.56M CNY | 15.04M CNY |
| Operating income | 1.62B CNY | 1.17B CNY | 330.18M CNY | −384.51M CNY | −1.35B CNY |
| Net income | 2.75B CNY | 1.56B CNY | 734.18M CNY | −221.49M CNY | −2.06B CNY |
Company facts updated Sep 11, 2026.
Recent quarterly results
Recent quarterly results
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Total International Stock ETFVXUS20.08M0.00%646.2B USD0.05%$86.28-1.29%
Vanguard FTSE Emerging Markets ETFVWO19.51M0.01%162.3B USD0.06%$59.94-1.53%
KraneShares CSI China Internet ETFKWEB19.09M0.40%4.84B USD0.69%$24.44-1.37%
iShares Core MSCI Emerging Markets ETFIEMG11.66M0.01%162.15B USD0.09%$81.58-2.01%
Vanguard FTSE All-World ex-US ETFVEU3.19M0.00%95.9B USD0.04%$84.30-1.27%
iShares Core MSCI Total International Stock ETFIXUS2.18M0.00%59.9B USD0.07%$96.28-1.32%
Vanguard Total World Stock ETFVT1.25M0.00%97.9B USD0.06%$158.53-0.85%
Schwab Emerging Markets Equity ETFSCHE1.12M0.01%13.02B USD0.06%$36.75-1.37%Vanguard Total International Stock ETFVXUSVanguard FTSE Emerging Markets ETFVWOKraneShares CSI China Internet ETFKWEBiShares Core MSCI Emerging Markets ETFIEMGVanguard FTSE All-World ex-US ETFVEUiShares Core MSCI Total International Stock ETFIXUSVanguard Total World Stock ETFVTSchwab Emerging Markets Equity ETFSCHEAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
