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Netease Cloud Music Inc.
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Financials

Balance sheet

Fundamentals currency is CNY
Fiscal date Jun 2025 Dec 2024 Jun 2024 Dec 2023
Total assets 15.3B 13.6B 12.4B 12.7B
Current assets 12.8B 12.0B 10.8B 12.4B
Cash 3.8B 4.4B
Cash equivalents
Cash and cash equivalents 2.1B 3.8B 2.6B 4.4B
Other short term investments 9.0B 6.4B 6.2B 6.0B
Accounts receivable 1.1B 1.1B 1.2B 1.0B
Other receivables 283.1M 234.1M 359.7M 202.7M
Inventory
Prepaid assets 373.5M 430.1M 464.7M 739.3M
Restricted cash 407K 1.9M 1.9M 23.0M
Assets held for sale
Hedging assets
Other current assets
Non current assets 2.5B 1.6B 1.7B 314.1M
Properties 25.4M 106.5M 33.1M 131.3M
Land and improvements
Machinery furniture equipment 16.4M 19.5M
Construction in progress 0
Leases
Accumulated depreciation -98.5M -113.9M
Goodwill
Investment properties
Financial assets
Intangible assets
Investments and advances
Other non current assets
Total liabilities 3.2B 3.4B 3.1B 3.5B
Current liabilities 3.1B 3.3B 3.1B 3.4B
Accounts payable 50.8M 24.0M 17.4M 186.9K
Accrued expenses
Short term debt 1.6M 1.7M 2.0M 3.3M
Deferred revenue
Tax payable 87.1M 47.8M 46.2M 35.3M
Pensions
Other current liabilities
Non current liabilities 101.9M 88.7M 83.6M 76.4M
Long term provisions
Long term debt 4.3M 4.8M 5.3M 3.7M
Provision for risks and charges
Deferred liabilities
Derivative product liabilities
Other non current liabilities
Shareholders equity
Common stock 139K 139K 138K 149.7K
Retained earnings -6.6B -8.5B -9.3B -11.0B
Other shareholders equity
Total shareholders equity 12.1B 10.2B 9.3B 9.2B
Additional paid in capital 17.7B 17.6B 17.4B 18.9B
Treasury stock 501.2M 546.8M 434.4M
Minority interest 505K 3.9M 117K 0
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Trading Hours (Monday - Friday):

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09:00 - 09:30
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09:30 - 16:00
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16:00 - 16:10
All times are displayed in the Asia/Hong_Kong timezone (HKT, UTC+08:00).