NetEase Cloud Music (HKSE:09899) Total Equity: HK$14,217 Mil (As of Dec. 2025)

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HKSE:09899 NetEase Cloud Music Inc HKSE:09899
72 GF Score
Price HK$119.30
GF Value HK$107.66
Valuation Modestly Overvalued
! 3 Warning Signs
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What is NetEase Cloud Music Total Equity?

NetEase Cloud Music HKSE:09899 +2.93% 72 Total Equity is HK$14,217 Mil as of Dec. 2025. GuruFocus rates HKSE:09899 with a GF Score™ of 72/100 and a GF Value™ of HK$107.66 (Modestly Overvalued). The stock has 3 warning signs investors should review.

NetEase Cloud Music's total equity for the quarter that ended in Dec. 2025 was HK$14,217 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

NetEase Cloud Music Total Equity Historical Data

* Premium members only.

The historical data trend for NetEase Cloud Music's Total Equity 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 Equity Chart

NetEase Cloud Music Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Equity
Get a 7-Day Free Trial 9,038.61 8,732.78 9,232.48 10,870.52 14,217.19

NetEase Cloud Music Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,232.48 10,022.02 10,870.52 13,244.18 14,217.19
HKSE:09899
72GF Score
NetEase Cloud Music Inc HKSE:09899
Total Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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NetEase Cloud Music Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

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

Total Equity=Total Assets(Q: Dec. 2025 )-Total Liabilities(Q: Dec. 2025 )
=18185.42-3968.233
=14,217

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

Total Equity=Total Assets(Q: Dec. 2025 )-Total Liabilities(Q: Dec. 2025 )
=18185.42-3968.233
=14,217

* 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.

Frequently Asked Questions Learn more about Total Equity →
What does a Total Equity of HK$14,217 Mil mean?
NetEase Cloud Music (HKSE:09899) has a Total Equity of HK$14,217 Mil as of Dec. 2025. The total amount of equity as record on a company's balance sheet. View historical data for NetEase Cloud Music and its competitors.
Is NetEase Cloud Music's Total Equity too high?
NetEase Cloud Music's current Total Equity is HK$14,217 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 Equity compare to GOOGL and META?
NetEase Cloud Music's Total Equity of HK$14,217 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 Equity for an Interactive Media company?
A good Total Equity depends on the Interactive Media industry context. However, Total Equity 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 Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for NetEase Cloud Music and its competitors. NetEase Cloud Music's current Total Equity is HK$14,217 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$107.66, compared to a current price of HK$119.30 — trading 10.8% above its estimated fair value. The current Total Equity is HK$14,217 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 Equity calculated?
Total Equity is calculated from a company's financial statements. For NetEase Cloud Music (HKSE:09899), the current Total Equity is HK$14,217 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$119.30 is trading 10.8% above its estimated GF Value™ of HK$107.66. GuruFocus considers NetEase Cloud Music to be Modestly Overvalued.

Key valuation signals for HKSE:09899:

  • Total Equity: HK$14,217 Mil
  • GF Value™: HK$107.66 vs. price of HK$119.30 (10.8% 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

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

HK$119.30
Price
HK$107.66
GF Value