9899.HK
Price:
$185.8
Market Cap:
$35.22B
Cloud Village Inc., an investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People's Republic of China. The company offers music membership subscriptions, sublicensing of content royalties, and online advertising services, as well as sells digital albums, virtual items, and singles; and hosts live streaming services. It also offers NetEase Cloud Music, an online music platform; and ancillary, social entertainment products, such as LOOK Live Streaming, Sheng Bo, and Yin Jie. In addition, the company provides artist management, online music streaming, and music production services. It serves advertisers and paying us...[Read more]
Industry
Software - Application
IPO Date
2021-12-02
Stock Exchange
HKSE
Ticker
9899.HK
According to Cloud Music Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.17. This represents a change of 7.27% compared to the average of 3.89 of the last 4 quarters.
The mean historical Current Ratio of Cloud Music Inc. over the last ten years is 3.88. The current 4.17 Current Ratio has changed 10.66% with respect to the historical average. Over the past ten years (40 quarters), 9899.HK's Current Ratio was at its highest in in the September 2021 quarter at 4.50. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
3.88
Median
3.61
Minimum
1.95
Maximum
6.82
Discovering the peaks and valleys of Cloud Music Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 250.52%
Maximum Annual Current Ratio = 6.82
Minimum Annual Increase = -53.68%
Minimum Annual Current Ratio = 1.95
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.61 | -1.21% |
| 2023 | 3.65 | 4.98% |
| 2022 | 3.48 | -22.72% |
| 2021 | 4.50 | 42.55% |
| 2020 | 3.16 | -53.68% |
| 2019 | 6.82 | 250.52% |
The current Current Ratio of Cloud Music Inc. (9899.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.58
5-year avg
3.68
10-year avg
3.88
Cloud Music Inc.’s Current Ratio is greater than Kingdee International Software Group Company Limited (1.01), greater than AAC Technologies Holdings Inc. (1.44), less than Kingsoft Corporation Limited (5.96), greater than Yangtze Optical Fibre And Cable Joint Stock Limited Company (1.37), greater than GDS Holdings Limited (2.00), greater than Shanghai Fudan Microelectronics Group Company Limited (3.83), greater than Newborn Town Inc. (2.30), greater than Kingsoft Cloud Holdings Limited (0.93), greater than Kingboard Laminates Holdings Limited (1.78), greater than FIT Hon Teng Limited (1.35),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.01 | $47.44B | |
| 1.44 | $44.77B | |
| 5.96 | $39.20B | |
| 1.37 | $78.01B | |
| 2.00 | $51.65B | |
| 3.83 | $52.65B | |
| 2.30 | $15.79B | |
| 0.93 | $24.36B | |
| 1.78 | $38.13B | |
| 1.35 | $40.38B |
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