NetEase Cloud Music (HKSE:09899) Pre-Tax Income : HK$1,684 Mil (TTM As of Dec. 2024)

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What is NetEase Cloud Music Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. NetEase Cloud Music's pretax income for the six months ended in Dec. 2024 was HK$808 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2024 was HK$1,684 Mil. NetEase Cloud Music's pretax margin was 19.50%.

During the past 7 years, NetEase Cloud Music's highest Pretax Margin was 19.75%. The lowest was -174.58%. And the median was -29.32%.

NetEase Cloud Music Pre-Tax Income Historical Data

The historical data trend for NetEase Cloud Music's Pre-Tax Income 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.

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NetEase Cloud Music Pre-Tax Income Chart

NetEase Cloud Music Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Pre-Tax Income

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-3,496.89

-2,511.90

-228.35

839.67

1,676.52

NetEase Cloud Music Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Pre-Tax Income	Get a 7-Day Free Trial							69.58	341.22	498.46	875.85	807.88

Competitive Comparison of NetEase Cloud Music's Pre-Tax Income

For the Internet Content & Information subindustry, NetEase Cloud Music's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NetEase Cloud Music's Pre-Tax Income Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NetEase Cloud Music's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where NetEase Cloud Music's Pre-Tax Income falls into.

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NetEase Cloud Music Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

NetEase Cloud Music's Pretax Income for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	1210.236	+	0	+	-0.255	+	433.679	+	32.857
	=	1,677

NetEase Cloud Music's Pretax Income for the quarter that ended in Dec. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	578.084	+	0	+	-0.115	+	204.632	+	25.282
	=	808

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$1,684 Mil.

NetEase Cloud Music (HKSE:09899) Pre-Tax Income Explanation

NetEase Cloud Music's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	807.883	/	4142.197
	=	19.50%

During the past 7 years, NetEase Cloud Music's highest Pretax Margin was 19.75%. The lowest was -174.58%. And the median was -29.32%.

NetEase Cloud Music Pre-Tax Income Related Terms

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NetEase Cloud Music Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NetEase Cloud Music Inc (HKSE:09899) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 353 Benjing Avenue, Room 1201, Block A, Hangzhou International Expo Center, Qianjiang Century City, Xiaoshan District, Zhejiang Province, Hangzhou, CHN

Website

http://ir.music.163.com

Cloud Music is the second-largest online music service provider in China, founded in 2013 by NetEase. NetEase currently holds approximately 58% of Cloud Music's equity stake and controls 90% of its voting power. The platform's business model is similar to its main competitor, Tencent Music, as both offer music streaming services along with social entertainment features like live streaming to engage users and drive additional revenue.

Executives

Ding William Lei
Netease, Inc.
Shining Globe Holding Limited
Tmf (cayman) Ltd.
Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Taobao China Holding Limited	2101 Beneficial owner
Taobao Holding Limited	2201 Interest of corporation controlled by you
Shining Globe International Limited	2201 Interest of corporation controlled by you
Gic Private Limited	2501 Other
Gic (ventures) Pte. Ltd.	2201 Interest of corporation controlled by you
Gic Special Investments Private Limited	2102 Investment manager

NetEase Cloud Music Headlines

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