NetEase Cloud Music (HKSE:09899) Total Current Assets: HK$15,548 Mil (As of Dec. 2025)

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HKSE:09899 NetEase Cloud Music Inc HKSE:09899
72 GF Score
Price HK$126.00
GF Value HK$107.99
Valuation Modestly Overvalued
! 3 Warning Signs
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What is NetEase Cloud Music Total Current Assets?

NetEase Cloud Music HKSE:09899 +3.70% 72 Total Current Assets is HK$15,548 Mil as of Dec. 2025. GuruFocus rates HKSE:09899 with a GF Score™ of 72/100 and a GF Value™ of HK$107.99 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. NetEase Cloud Music's total current assets for the quarter that ended in Dec. 2025 was HK$15,548 Mil.


NetEase Cloud Music  (HKSE:09899) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

NetEase Cloud Music's Liquidation Value for the quarter that ended in Dec. 2025 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=13450.112-3968.233+0.75 * 1180.056+0.5 * 0
=10,367

* 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 Total Current Assets Related Terms


NetEase Cloud Music Total Current Assets Historical Data

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The historical data trend for NetEase Cloud Music's Total Current Assets 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.

NetEase Cloud Music Total Current Assets Chart

NetEase Cloud Music Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Current Assets
Get a 7-Day Free Trial 10,737.01 11,697.89 12,385.03 12,761.01 15,548.26

NetEase Cloud Music Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,385.03 11,620.98 12,761.01 14,004.16 15,548.26
HKSE:09899
72GF Score
NetEase Cloud Music Inc HKSE:09899
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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NetEase Cloud Music Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

NetEase Cloud Music's Total Current Assets for the fiscal year that ended in Dec. 2025 is calculated as

NetEase Cloud Music's Total Current Assets for the quarter that ended in Dec. 2025 is calculated as

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of HK$15,548 Mil mean?
NetEase Cloud Music (HKSE:09899) has a Total Current Assets of HK$15,548 Mil as of Dec. 2025. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for NetEase Cloud Music and its competitors.
Is NetEase Cloud Music's Total Current Assets too high?
NetEase Cloud Music's current Total Current Assets is HK$15,548 Mil. Overall, NetEase Cloud Music has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetEase Cloud Music's Total Current Assets compare to GOOGL and META?
NetEase Cloud Music's Total Current Assets of HK$15,548 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 Total Current Assets for an Interactive Media company?
A good Total Current Assets depends on the Interactive Media industry context. However, Total Current Assets 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 Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for NetEase Cloud Music and its competitors. NetEase Cloud Music's current Total Current Assets is HK$15,548 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 Overvalued. The stock's GF Value™ is HK$107.99, compared to a current price of HK$126.00 — trading 16.7% above its estimated fair value. The current Total Current Assets is HK$15,548 Mil. NetEase Cloud Music's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For NetEase Cloud Music (HKSE:09899), the current Total Current Assets is HK$15,548 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 overvalued. The current stock price of HK$126.00 is trading 16.7% above its estimated GF Value™ of HK$107.99. GuruFocus considers NetEase Cloud Music to be Modestly Overvalued.

Key valuation signals for HKSE:09899:

  • Total Current Assets: HK$15,548 Mil
  • GF Value™: HK$107.99 vs. price of HK$126.00 (16.7% above fair value)
  • GF Score™: 72/100 with 3 warning signs

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.


NetEase Cloud Music Business Description

Address No. 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.
72GF Score

Get the complete analysis for HKSE:09899

Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$126.00
Price
HK$107.99
GF Value