Want to see HK:9899 full AI Analyst Report?
NetEase Cloud Music Inc. (9899) Ratios
NetEase Cloud Music Inc. Ratios
HK:9899's free cash flow for Q2 2026 was $228.62M. For the 2026 fiscal year, HK:9899's free cash flow was decreased by $-497.00K and operating cash flow was $229.12M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 4.04 | 3.61 | 3.65 | 3.48 | 4.50 |
| Quick Ratio | 4.04 | 3.61 | 3.65 | 3.48 | 4.63 |
| Cash Ratio | 0.89 | 1.15 | 1.30 | 0.97 | 0.44 |
| Solvency Ratio | 0.77 | 0.46 | 0.24 | -0.06 | -1.02 |
| Operating Cash Flow Ratio | 0.46 | 0.54 | 0.06 | 0.61 | -0.47 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ 10.49B | $ 8.55B | $ 8.15B | $ 7.40B | $ 6.76B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-Equity Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-Capital Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-Term Debt-to-Capital Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 1.28 | 1.33 | 1.38 | 1.39 | 1.27 |
| Debt Service Coverage Ratio | 4875.70 | 4811.11 | 2378.14 | -1069.18 | 0.00 |
| Interest Coverage Ratio | 8360.58 | 4898.94 | 1041.58 | -1101.76 | 0.00 |
| Debt to Market Cap | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Debt Per Share | 0.03 | 0.03 | 0.03 | 0.04 | 0.08 |
| Net Debt to EBITDA | -1.92 | -3.28 | -5.10 | 8.17 | 0.63 |
| Profitability Margins | |||||
| Gross Profit Margin | 35.69% | 33.73% | 26.73% | 14.38% | 2.04% |
| EBIT Margin | 20.77% | 14.32% | 9.76% | -4.21% | -19.30% |
| EBITDA Margin | 20.93% | 14.52% | 10.01% | -3.96% | -19.08% |
| Operating Profit Margin | 20.90% | 14.73% | 4.20% | -4.28% | -19.25% |
| Pretax Profit Margin | 26.65% | 19.75% | 9.76% | -2.27% | -29.32% |
| Net Profit Margin | 35.42% | 19.64% | 9.33% | -2.46% | -29.38% |
| Continuous Operations Profit Margin | 35.39% | 19.69% | 9.33% | -2.46% | -29.38% |
| Net Income Per EBT | 132.91% | 99.44% | 95.64% | 108.32% | 100.23% |
| EBT Per EBIT | 127.48% | 134.11% | 232.50% | 53.18% | 152.30% |
| Return on Assets (ROA) | 16.69% | 11.50% | 6.32% | -2.03% | -21.90% |
| Return on Equity (ROE) | 21.35% | 15.34% | 8.70% | -2.83% | -27.85% |
| Return on Capital Employed (ROCE) | 12.49% | 11.40% | 3.88% | -4.88% | -18.10% |
| Return on Invested Capital (ROIC) | 8.40% | 11.36% | 3.71% | -4.88% | -18.10% |
| Return on Tangible Assets | 16.69% | 11.50% | 6.32% | -2.03% | -21.90% |
| Earnings Yield | 7.70% | 6.97% | 4.26% | -1.55% | -12.44% |
| Efficiency Ratios | |||||
| Receivables Turnover | 7.07 | 6.17 | 7.70 | 12.91 | 8.73 |
| Payables Turnover | 88.95 | 219.39 | 33709.49 | 41295.44 | 62760.56 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | -34.93 |
| Fixed Asset Turnover | 302.99 | 302.92 | 200.00 | 167.58 | 128.28 |
| Asset Turnover | 0.47 | 0.59 | 0.68 | 0.83 | 0.75 |
| Working Capital Turnover Ratio | 0.81 | 0.94 | 1.00 | 1.26 | 1.22 |
| Cash Conversion Cycle | 47.50 | 57.50 | 47.40 | 28.27 | 31.38 |
| Days of Sales Outstanding | 51.61 | 59.16 | 47.41 | 28.28 | 41.83 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | -10.45 |
| Days of Payables Outstanding | 4.10 | 1.66 | 0.01 | 0.01 | 0.01 |
| Operating Cycle | 51.61 | 59.16 | 47.41 | 28.28 | 31.38 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 7.58 | 8.50 | 0.89 | 8.82 | -7.03 |
| Free Cash Flow Per Share | 7.53 | 8.48 | 0.87 | 8.69 | -7.34 |
| Dividend Paid and CapEx Coverage Ratio | 144.43 | 478.46 | 34.09 | 70.63 | -23.00 |
| Capital Expenditure Coverage Ratio | 144.43 | 478.46 | 34.09 | 70.63 | -23.00 |
| Operating Cash Flow Coverage Ratio | 261.15 | 274.20 | 29.73 | 219.42 | -86.47 |
| Operating Cash Flow to Sales Ratio | 0.21 | 0.22 | 0.02 | 0.20 | -0.13 |
| Free Cash Flow Yield | 4.50% | 7.91% | 1.06% | 12.71% | -5.73% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 12.83 | 14.35 | 23.48 | -64.56 | -8.04 |
| Price-to-Sales (P/S) Ratio | 4.60 | 2.82 | 2.19 | 1.59 | 2.36 |
| Price-to-Book (P/B) Ratio | 2.77 | 2.20 | 2.04 | 1.83 | 2.24 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 22.20 | 12.65 | 93.92 | 7.87 | -17.44 |
| Price-to-Operating Cash Flow Ratio | 22.05 | 12.62 | 91.16 | 7.76 | -18.20 |
| Price-to-Earnings Growth (PEG) Ratio | 0.17 | 0.13 | -0.05 | 0.69 | 0.23 |
| Enterprise Value Multiple | 20.05 | 16.12 | 16.79 | -31.99 | -11.75 |
| Enterprise Value | 32.56B | 18.61B | 13.22B | 11.39B | 15.69B |
| EV to EBITDA | 20.05 | 16.12 | 16.79 | -31.99 | -11.75 |
| EV to Sales | 4.20 | 2.34 | 1.68 | 1.27 | 2.24 |
| EV to Free Cash Flow | 20.26 | 10.51 | 72.05 | 6.27 | -16.55 |
| EV to Operating Cash Flow | 20.12 | 10.49 | 69.93 | 6.18 | -17.27 |
| Tangible Book Value Per Share | 60.30 | 48.75 | 39.89 | 37.42 | 57.16 |
| Shareholders’ Equity Per Share | 60.30 | 48.73 | 39.89 | 37.42 | 57.16 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.33 | 0.00 | 0.04 | -0.08 | -0.00 |
| Revenue Per Share | 36.34 | 38.07 | 37.18 | 43.03 | 54.18 |
| Net Income Per Share | 12.87 | 7.48 | 3.47 | -1.06 | -15.92 |
| Tax Burden | 1.33 | 0.99 | 0.96 | 1.08 | 1.00 |
| Interest Burden | 1.28 | 1.38 | 1.00 | 0.54 | 1.52 |
| Research & Development to Revenue | 0.10 | 0.10 | 0.11 | 0.11 | 0.12 |
| SG&A to Revenue | 0.08 | 0.10 | 0.02 | 0.02 | 0.05 |
| Stock-Based Compensation to Revenue | 0.01 | 0.02 | 0.01 | 0.01 | 0.04 |
| Income Quality | 0.78 | 1.13 | 0.25 | -9.01 | 0.44 |
Currency in CNY