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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 16.9B 15.0B 13.7B 12.7B
Current assets 14.1B 13.2B 11.9B 12.4B
Cash 4.2B 4.4B
Cash equivalents
Cash and cash equivalents 2.3B 4.2B 2.8B 4.4B
Other short term investments 9.9B 7.1B 6.9B 6.0B
Accounts receivable 1.2B 1.2B 1.3B 1.0B
Other receivables 312.4M 258.3M 396.9M 202.7M
Inventory
Prepaid assets 412.1M 474.6M 512.7M 739.3M
Restricted cash 449.1K 2.1M 2.1M 23.0M
Assets held for sale
Hedging assets
Other current assets
Non current assets 2.7B 1.8B 1.8B 314.1M
Properties 28.0M 117.5M 36.5M 131.3M
Land and improvements
Machinery furniture equipment 18.1M 19.5M
Construction in progress 0
Leases
Accumulated depreciation -108.7M -113.9M
Goodwill
Investment properties
Financial assets
Intangible assets
Investments and advances
Other non current assets
Total liabilities 3.5B 3.8B 3.5B 3.5B
Current liabilities 3.4B 3.7B 3.4B 3.4B
Accounts payable 56.1M 26.5M 19.2M 186.9K
Accrued expenses
Short term debt 1.8M 1.9M 2.2M 3.3M
Deferred revenue
Tax payable 96.1M 52.7M 50.9M 35.3M
Pensions
Other current liabilities
Non current liabilities 112.5M 97.8M 92.2M 76.4M
Long term provisions
Long term debt 4.7M 5.3M 5.9M 3.7M
Provision for risks and charges
Deferred liabilities
Derivative product liabilities
Other non current liabilities
Shareholders equity
Common stock 153.4K 153.4K 152.3K 149.7K
Retained earnings -7.3B -9.4B -10.2B -11.0B
Other shareholders equity
Total shareholders equity 13.4B 11.2B 10.3B 9.2B
Additional paid in capital 19.5B 19.4B 19.2B 18.9B
Treasury stock 553.0M 603.3M 434.4M
Minority interest 557.2K 4.3M 129.1K 0
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