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Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. NetEase Cloud Music's Marketable Securities for the quarter that ended in Dec. 2025 was HK$10,006 Mil.
NetEase Cloud Music's annual Marketable Securities
increased
from Dec. 2023 (HK$5,999 Mil) to Dec. 2024 (HK$6,862 Mil) and
increased
from Dec. 2024 (HK$6,862 Mil) to Dec. 2025 (HK$10,006 Mil).
NetEase Cloud Music (HKSE:09899) Marketable Securities Explanation
Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.
Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".
NetEase Cloud Music Marketable Securities Related Terms
NetEase Cloud Music Marketable Securities Historical Data
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The historical data trend for NetEase Cloud Music's Marketable Securities can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Marketable Securities of HK$10,006 Mil mean?
NetEase Cloud Music (HKSE:09899) has a Marketable Securities of HK$10,006 Mil as of Dec. 2025. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on NetEase Cloud Music and its competitors.
Is NetEase Cloud Music's Marketable Securities too high?
NetEase Cloud Music's current Marketable Securities is HK$10,006 Mil. Overall, NetEase Cloud Music has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NetEase Cloud Music's Marketable Securities compare to GOOGL and META?
NetEase Cloud Music's Marketable Securities of HK$10,006 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for an Interactive Media company?
A good Marketable Securities depends on the Interactive Media industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on NetEase Cloud Music and its competitors. NetEase Cloud Music's current Marketable Securities is HK$10,006 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetEase Cloud Music stock overvalued right now?
Based on GuruFocus' analysis, NetEase Cloud Music (HKSE:09899) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$106.67, compared to a current price of HK$86.10 — trading 19.3% below its estimated fair value. The current Marketable Securities is HK$10,006 Mil. NetEase Cloud Music's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For NetEase Cloud Music (HKSE:09899), the current Marketable Securities is HK$10,006 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NetEase Cloud Music (HKSE:09899) Overvalued in 2026?
Based on GuruFocus' analysis, NetEase Cloud Music stock appears to be undervalued.
The current stock price of HK$86.10 is trading 19.3% below its estimated GF Value™ of HK$106.67.
GuruFocus considers NetEase Cloud Music to be Modestly Undervalued.
Key valuation signals for HKSE:09899:
Marketable Securities: HK$10,006 Mil
GF Value™: HK$106.67 vs. price of HK$86.10 (19.3% below fair value)
No single metric tells the full story. See the HKSE:09899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 353 Benjing Avenue, Room 1201, Block A, Hangzhou International Expo Center, Qianjiang Century City, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
NetEase Cloud Music is China's second-largest music streaming platform, founded in 2013 as a subsidiary of NetEase. NetEase remains the controlling shareholder with a 59.4% stake. The company is headquartered in Hangzhou.The platform's business model revolves around a core music streaming service sold on a subscription basis, paired with a live streaming service where users purchase virtual items and gift them to performers.
78GF Score
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Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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