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NetEase Cloud Music (HKSE:09899) ROE % Adjusted to Book Value : 8.67% (As of Jun. 2024)


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What is NetEase Cloud Music ROE % Adjusted to Book Value?

NetEase Cloud Music's ROE % for the quarter that ended in Jun. 2024 was 18.11%. NetEase Cloud Music's PB Ratio for the quarter that ended in Jun. 2024 was 2.09. NetEase Cloud Music's ROE % Adjusted to Book Value for the quarter that ended in Jun. 2024 was 8.67%.

NetEase Cloud Music ROE % Adjusted to Book Value Historical Data

The historical data trend for NetEase Cloud Music's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

NetEase Cloud Music Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE % Adjusted to Book Value
Get a 7-Day Free Trial - -50.76 -1.48 4.40 7.51

NetEase Cloud Music Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 3.76 5.21 8.67 6.95

Competitive Comparison of NetEase Cloud Music's ROE % Adjusted to Book Value

For the Internet Content & Information subindustry, NetEase Cloud Music's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NetEase Cloud Music's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where NetEase Cloud Music's ROE % Adjusted to Book Value falls into.


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NetEase Cloud Music ROE % Adjusted to Book Value Calculation

NetEase Cloud Music's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=8.94% / 2.03
=4.40%

NetEase Cloud Music's ROE % Adjusted to Book Value for the quarter that ended in Jun. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=18.11% / 2.09
=8.67%

* 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.

NetEase Cloud Music ROE % Adjusted to Book Value 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 » ROE % Adjusted to Book Value
Comparable Companies
HKSE:00772 HKSE:01357 HKSE:01896 HKSE:03700 HKSE:01980 HKSE:02008 HKSE:00543 HKSE:00150 HKSE:03601 HKSE:01739 GOOGL META HKSE:00700 SPOT XAMS:PRX TSE:6098 DASH JSE:NPN BIDU HKSE:01024
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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