您的浏览器禁用了JavaScript(一种计算机语言,用以实现您与网页的交互),请解除该禁用,或者联系我们。 [港股财报]:网易云音乐:截至2025年12月31日止年度的年度业绩公告 - 发现报告

网易云音乐:截至2025年12月31日止年度的年度业绩公告

2026-02-11 港股财报 大熊
报告封面

NETEASE CLOUD MUSIC INC. 9899 20251231 20251231 (1)20251231746.7 (2) (i)(ii)(iii)11.10710.1423 2025 202530%24 2025 2025AIClimberAutomix 202513.3% 202535.7%202433.7%202538.5% • • • • • •2025RBWStarShipShofar MusicK-PopTVB •ACGU/M/A/ADECO*27 •Mariah CareyTaylor SwiftJENNIE •1 2BLACKPINK9i-dle 2025100560 •20252025 •TCL13 2025MIYEONGlow Up 2025 •PGC2025ACG •PUGC/UGCIP•105IP •2025APP 2025App 2025 •20251)2)3)AI4)AIClimber •AutomixAIMVAI2.0AIAI 2025AudioVivid 7,759.52,769.688.133.7%35.7%20251,622.020241,170.8 20252,745.820241,565.4746.720252,860.020241,700.1 20247,950.12.4%20257,759.5 20245,354.512.0%20255,994.420244,459.020255,052.7 20242,595.632.0%20251,765.0 20245,268.65.3%20254,989.920244,008.920253,733.5 20242,681.53.3%20252,769.6202433.7%202535.7% 2024611.533.2%2025408.7 2024184.74.4%2025176.6 2024779.72.3%2025761.6 202427.92025181.9 202517.4202437.3 2024406.22025445.9 2025678.120244.9746.761.05 20252,745.820241,565.4 20251,733.720241,309.420252,860.020241,700.1 (1) 202512312024202512313831 2025123121.8%2024123125.0% 2025 2025 20251231 20251231 2024202512311,3311,28820251231 (i)(ii)202352420251,278.420241,215.8 202512 31 202512 31 1 622 ••• 1.1 202511 21 1.2 202511 979711 1819718183637 18 18118 18 • ••18181 2027112026123118 2(a) (b) 202520241231 20251231202520241231 (c) 20252024123110% 123120252024 1,064,596797,590 5 678,090(4,886) (a) (b) 16.5%5(d) (c) 25%202515% 10% (d) NetEase, Inc.12 15%15% 20251161,000,00020251231 (e) 20251231746.7 6 (a) 1231202520242,748,2101,561,507211,029,784208,846,52513.027.48 (b) 7 202520241231 0180 1231202520241,070,2041,053,9271,2283,1796,0644,5991,077,4961,061,705 3366 9 123120252024 56,07424,015 3045 202520241231090 20251231 C.2.1 2025123120251231 20251231 20251231 20211223,1602,5842025123112 20251231 w w w . h k e x n e w s . h khttp://ir.music.163.com2025 2026211