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Netease Cloud Music Inc.
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Financials

Balance sheet

Fundamentals currency is CNY
Fiscal date 2025 2024 2023 2022
Total assets 16.5B 13.6B 11.6B 10.9B
Current assets 14.1B 12.0B 11.3B 10.5B
Cash 3.1B 3.8B 4.0B 2.9B
Cash equivalents
Cash and cash equivalents 3.1B 3.8B 4.0B 2.9B
Other short term investments 9.1B 6.4B 5.5B 6.2B
Accounts receivable 1.1B 1.1B 922.0M 556.1M
Other receivables 171.6M 234.1M 185.5M 201.0M
Inventory 0
Prepaid assets 653.9M 430.1M 676.5M 579.8M
Restricted cash 407K 1.9M 21.0M 8.3M
Assets held for sale
Hedging assets
Other current assets
Non current assets 2.4B 1.6B 287.4M 416.1M
Properties 103.7M 106.5M 120.1M 119.6M
Land and improvements
Machinery furniture equipment 14.4M 16.4M 17.8M 19.7M
Construction in progress 0 0
Leases
Accumulated depreciation -94.4M -98.5M -104.2M -91.1M
Goodwill
Investment properties
Financial assets
Intangible assets
Investments and advances
Other non current assets
Total liabilities 3.6B 3.4B 3.2B 3.1B
Current liabilities 3.5B 3.3B 3.1B 3.0B
Accounts payable 56.1M 24.0M 171K 211K
Accrued expenses
Short term debt 2.0M 1.7M 3.0M 2.8M
Deferred revenue
Tax payable 122.0M 47.8M 32.3M 37.7M
Pensions
Other current liabilities
Non current liabilities 105.9M 88.7M 69.9M 60.9M
Long term provisions
Long term debt 4.2M 4.8M 3.4M 5.6M
Provision for risks and charges
Deferred liabilities
Derivative product liabilities
Other non current liabilities
Shareholders equity
Common stock 139K 139K 137K 135K
Retained earnings -5.8B -8.5B -10.1B -10.8B
Other shareholders equity
Total shareholders equity 12.9B 10.2B 8.4B 7.8B
Additional paid in capital 17.8B 17.6B 17.3B 17.1B
Treasury stock 455.5M 546.8M 397.5M
Minority interest 0 3.9M 0
Access the full /balance_sheet historical dataset via the API — starting from the Pro plan (individual) and the Venture plan (business) and above.
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02:22
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Trading Hours (Monday - Friday):

Pre-market
09:00 - 09:30
Main market
09:30 - 16:00
Post-market
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All times are displayed in the Asia/Hong_Kong timezone (HKT, UTC+08:00).