97.45
+0.05%
Close of 9 Nov 2026, in HKD
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About Netease Cloud Music
Its shares trade on HKEX under the ticker 9899.HK. It has been listed since 2 December 2021. In the fiscal year to 31 December 2025, it reported revenue of CN¥9.04bn and net income of CN¥3.20bn. At that date it held total assets of CN¥19.18bn and shareholders' equity of CN¥15.00bn.
Cloud Music, Inc. is an investment holding company, which engages in the operation of online platforms to provide music services and social entertainment services. The company is headquartered in Hangzhou, Zhejiang. The company went IPO on 2021-12-02. The firm's main businesses include the provision of online music services, social entertainment services, advertising services and others based on its online platforms. The firm's software products include NetEase Cloud Music, LOOK Live, Soundwave, Sound Street and other software. The firm also provides value-added services such as music membership. The firm mainly conducts business in the domestic market.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Communication Services
- Industry
- Entertainment
- Listed since
- 2 Dec 2021
- Employees
- 1,435
- Website
- ir.music.163.com ↗
Leadership
Pay as last reported
- Mr. Lei DingExecutive Chairman of the Board, Chief Executive Officer, since 2016
- Mr. Yiwen ZhuSenior Vice President
- Ms. Ju LuVice President - Finance
- Mr. Yong LiVice President - Business Intelligence, Executive Director, since 2021CN¥8.2m
- Mr. Cai CaoVice President - Technology
- Mr. Bo DingVice President - Content
- Ms. Yanfeng WangExecutive Director, since 2020CN¥896,000
- Ms. Wai Yee WongCompany Secretary
- Mr. Yat Keung LiNon-Executive DirectorCN¥83,000
- Mr. Xianfeng GuIndependent Non-Executive DirectorCN¥42,000
- Mr. Ying Kit LoIndependent Non-Executive DirectorCN¥42,000
- Mr. Zhong XuIndependent Non-Executive DirectorCN¥42,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Operates online platforms for music and social entertainment services
- Headquartered in Hangzhou, Zhejiang with 1,435 employees
- Offers multiple software products including NetEase Cloud Music and LOOK Live
Weaknesses
- Relies heavily on domestic market for business operations
- IPO occurred in 2021-12-02, indicating relatively recent market entry
- Limited information on international presence or expansion
Opportunities
- Potential for growth in online music services market
- Expansion of social entertainment services could attract more users
- Value-added services like music membership offer additional revenue streams
Threats
- Dependence on domestic market may expose to local economic fluctuations
- Competition from other music platforms in the domestic market
- Reliance on online platforms may face technological or regulatory challenges
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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