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Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
NetEase Cloud Music's 3-Year RORE % for the quarter that ended in Dec. 2025 was 39.93%.
The industry rank for NetEase Cloud Music's 3-Year RORE % or its related term are showing as below:
HKSE:09899's 3-Year RORE % is ranked better than 75.89% of 531
companies
in the Interactive Media industry
Industry Median: 1.76
vs HKSE:09899: 39.93
NetEase Cloud Music (HKSE:09899) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
NetEase Cloud Music 3-Year RORE % Related Terms
NetEase Cloud Music 3-Year RORE % Historical Data
* Premium members only.
The historical data trend for NetEase Cloud Music's 3-Year RORE % 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.
HKSE:09899 vs GOOGL, META, SPOT: 3-Year RORE % Comparison
For the Internet Content & Information subindustry, NetEase Cloud Music's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, NetEase Cloud Music's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where NetEase Cloud Music's 3-Year RORE % falls into.
* 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.
In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2025 and 3-year before.
NetEase Cloud Music (HKSE:09899) has a 3-Year RORE % of 39.93 as of Dec. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on NetEase Cloud Music and its competitors. According to the industry distribution chart, NetEase Cloud Music ranks #128 out of 531 companies in the Interactive Media industry, placing it in the top 24.1%.
Is NetEase Cloud Music's 3-Year RORE % too high?
NetEase Cloud Music's current 3-Year RORE % is 39.93. The Interactive Media industry median 3-Year RORE % is 1.76. NetEase Cloud Music's value of 39.93 is 2168.8% above this industry median. Based on the distribution chart, NetEase Cloud Music ranks #128 out of 531 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, NetEase Cloud Music has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NetEase Cloud Music's 3-Year RORE % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, NetEase Cloud Music ranks #128 out of 531 companies for 3-Year RORE %. This places NetEase Cloud Music in the top 24% of its industry — outperforming the majority of peers. The industry median 3-Year RORE % is 1.76. NetEase Cloud Music's value of 39.93 is 2168.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Interactive Media company?
The median 3-Year RORE % among Interactive Media companies is 1.76, based on 531 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetEase Cloud Music's current 3-Year RORE % of 39.93 is 2168.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on NetEase Cloud Music and its competitors. For the Interactive Media industry, the median 3-Year RORE % is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetEase Cloud Music's current 3-Year RORE % is 39.93. 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 Fairly Valued. The stock's GF Value™ is HK$109.21, compared to a current price of HK$113.50 — trading 3.9% above its estimated fair value. The current 3-Year RORE % is 39.93 and 2168.8% above the Interactive Media industry median of 1.76. NetEase Cloud Music's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For NetEase Cloud Music (HKSE:09899), the current 3-Year RORE % is 39.93 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 overvalued.
The current stock price of HK$113.50 is trading 3.9% above its estimated GF Value™ of HK$109.21.
GuruFocus considers NetEase Cloud Music to be Fairly Valued.
Key valuation signals for HKSE:09899:
3-Year RORE %: 39.93
GF Value™: HK$109.21 vs. price of HK$113.50 (3.9% above fair value)
Industry Position: 2168.8% above the Interactive Media median (#128 of 531)
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.
77GF Score
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