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Netease Cloud Music Inc.
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Financials

Income statement

Fundamentals currency is CNY
Fiscal date 2024 2023 2022 2021
Total reported revenue 8.8B 8.7B 9.8B 7.0B
Cost of revenue 5.8B 6.4B 8.4B 6.9B
Gross profit 3.0B 2.3B 1.4B 142.7M
Operating expense
Research & development 860.2M 958.5M 1.1B 869.1M
Selling general and admin 878.5M 1.0B 880.1M 695.5M
Other operating expenses
Operating income 1.3B 422.0M -416.9M -1.3B
Non operating interest income
Income 448.2M 483.1M 199.9M 48.4M
Expense 263.7K 349.8K 381.0K 0
Other income expense
Pretax income 1.7B 847.0M -223.2M -2.1B
Tax provision 5.4M 37.0M 18.6M 4.7M
Net income 1.7B 810.1M -241.8M -2.1B
Basic EPS 7.5 3.5 -1.1 -15.9
Diluted EPS 7.4 3.5 -1.1 -15.9
Basic average shares 230.4M 232.2M 228.1M 121.6M
Diluted average shares 230.4M 232.2M 228.1M 121.6M
EBITDA 1.7B 868.7M -183.5M -2.0B
Net income from continuing op. 1.7B 847.0M -223.2M -2.1B
Minority interests -3.9M 0
Preferred stock dividends 0 0 0 0
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