CLOUD MUSIC INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 110.1 HKD | +7.52% |
|
+3.77% | +22.67% |
| May. 23 | Cloud Music's Q1 Profit Jumps 75% | MT |
| May. 23 | Cloud Music Inc. Announces Resignation of Ran Wang as Non-Executive Director | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 26,577 | 14,504 | 17,481 | 21,914 | - | - |
| Enterprise Value (EV) 1 | 26,577 | 5,441 | 8,031 | 11,653 | 10,057 | 8,545 |
| P/E ratio | -8.04 x | -64.6 x | 23.5 x | 22.2 x | 18.6 x | 15.8 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 3.8 x | 1.61 x | 2.22 x | 2.66 x | 2.4 x | 2.2 x |
| EV / Revenue | 3.8 x | 0.61 x | 1.02 x | 1.42 x | 1.1 x | 0.86 x |
| EV / EBITDA | -20 x | -15 x | 23.2 x | 16.3 x | 9.34 x | 6.41 x |
| EV / FCF | - | 2.99 x | - | 16.1 x | 9.01 x | 6.59 x |
| FCF Yield | - | 33.4% | - | 6.22% | 11.1% | 15.2% |
| Price to Book | 3.6 x | 1.83 x | - | 2.31 x | 2.06 x | 1.83 x |
| Nbr of stocks (in thousands) | 207,757 | 211,906 | 214,289 | 214,924 | - | - |
| Reference price 2 | 127.9 | 68.45 | 81.57 | 102.0 | 102.0 | 102.0 |
| Announcement Date | 3/24/22 | 2/23/23 | 2/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 6,998 | 8,992 | 7,867 | 8,224 | 9,122 | 9,979 |
| EBITDA 1 | - | -1,332 | -362 | 346.7 | 713.1 | 1,077 | 1,332 |
| EBIT 1 | - | -1,347 | -384.5 | 330.2 | 637.9 | 1,003 | 1,313 |
| Operating Margin | - | -19.25% | -4.28% | 4.2% | 7.76% | 11% | 13.16% |
| Earnings before Tax (EBT) 1 | - | -2,051 | -204.5 | 767.7 | 1,054 | 1,348 | 1,669 |
| Net income 1 | -2,951 | -2,056 | -221.5 | 734.2 | 948.3 | 1,179 | 1,419 |
| Net margin | - | -29.38% | -2.46% | 9.33% | 11.53% | 12.92% | 14.22% |
| EPS 2 | -24.22 | -15.92 | -1.060 | 3.470 | 4.591 | 5.485 | 6.453 |
| Free Cash Flow 1 | - | - | 1,817 | - | 725.3 | 1,117 | 1,298 |
| FCF margin | - | - | 20.2% | - | 8.82% | 12.24% | 13% |
| FCF Conversion (EBITDA) | - | - | - | - | 101.72% | 103.7% | 97.41% |
| FCF Conversion (Net income) | - | - | - | - | 76.49% | 94.74% | 91.45% |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 11/23/21 | 3/24/22 | 2/23/23 | 2/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2023 S1 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,752 | 2,192 | 2,367 | 3,908 | 2,058 | 2,124 | 4,182 | 2,151 | 2,190 | 4,341 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | -41.75 | - | - | - | 272 | - | - | 339 |
| Operating Margin | - | - | -1.76% | - | - | - | 6.5% | - | - | 7.81% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | 528 | - | - | 528 |
| Net income | -152.6 | -90.78 | - | - | - | - | 475 | - | - | 466 |
| Net margin | -8.71% | -4.14% | - | - | - | - | 11.36% | - | - | 10.73% |
| EPS | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 5/24/22 | 8/18/22 | 2/23/23 | 8/24/23 | - | - | - | - | - | - |
1CNY in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | 9,063 | 9,450 | 10,261 | 11,857 | 13,369 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 1,817 | - | 725 | 1,117 | 1,298 |
| ROE (net income / shareholders' equity) | - | -198% | -2.91% | 9.03% | 10.5% | 11.7% | 12.2% |
| ROA (Net income/ Total Assets) | - | -23.6% | -2.18% | 6.53% | 7.95% | 8.85% | 9.08% |
| Assets 1 | - | 8,723 | 10,140 | 11,251 | 11,924 | 13,325 | 15,621 |
| Book Value Per Share 2 | - | 35.50 | 37.40 | - | 44.10 | 49.50 | 55.60 |
| Cash Flow per Share 2 | - | -7.030 | 8.820 | - | 3.930 | 5.020 | 7.130 |
| Capex 1 | - | 39.5 | 26.1 | - | 27.6 | 28.6 | 30.8 |
| Capex / Sales | - | 0.56% | 0.29% | - | 0.34% | 0.31% | 0.31% |
| Announcement Date | 11/23/21 | 3/24/22 | 2/23/23 | 2/29/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
102
CNY
Average target price
108.1
CNY
Spread / Average Target
+6.00%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +22.67% | 3.03B | |
| +10.73% | 56.67B | |
| -14.35% | 6.02B | |
| -0.87% | 1.55B | |
| -42.65% | 1.39B | |
| -12.28% | 345M | |
| -1.41% | 171M | |
| +18.71% | 157M | |
| -11.52% | 127M |
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