NetEase Cloud Music (HKSE:09899) Pretax Margin % : 19.50% (As of Dec. 2024)

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What is NetEase Cloud Music Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. NetEase Cloud Music's Pre-Tax Income for the six months ended in Dec. 2024 was HK$808 Mil. NetEase Cloud Music's Revenue for the six months ended in Dec. 2024 was HK$4,142 Mil. Therefore, NetEase Cloud Music's pretax margin for the quarter that ended in Dec. 2024 was 19.50%.

The historical rank and industry rank for NetEase Cloud Music's Pretax Margin % or its related term are showing as below:

HKSE:09899' s Pretax Margin % Range Over the Past 10 Years
Min: -174.58 Med: -29.32 Max: 19.75
Current: 19.75

HKSE:09899's Pretax Margin % is ranked better than
80.59% of 572 companies
in the Interactive Media industry
Industry Median: 0.06 vs HKSE:09899: 19.75

NetEase Cloud Music Pretax Margin % Historical Data

The historical data trend for NetEase Cloud Music's Pretax Margin % 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 Pretax Margin % Chart

NetEase Cloud Music Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Pretax Margin %

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-60.25

-29.32

-2.27

9.76

19.75

NetEase Cloud Music Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Pretax Margin %	Get a 7-Day Free Trial							1.32	7.98	11.51	19.99	19.50

Competitive Comparison of NetEase Cloud Music's Pretax Margin %

For the Internet Content & Information subindustry, NetEase Cloud Music's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NetEase Cloud Music's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where NetEase Cloud Music's Pretax Margin % falls into.

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NetEase Cloud Music Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin	=	Pre-Tax Income (A: Dec. 2024 )	/	Revenue (A: Dec. 2024 )
	=	1676.517	/	8488.149
	=	19.75 %

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

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	807.883	/	4142.197
	=	19.50 %

NetEase Cloud Music (HKSE:09899) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

NetEase Cloud Music Pretax Margin % 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 » Pretax Margin %

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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