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Netease Cloud Music Inc.
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Financials

Income statement

Fundamentals currency is CNY
Fiscal date 2025 2024 2023 2022
Total reported revenue 7.8B 8.0B 7.9B 9.0B
Cost of revenue 5.0B 5.3B 5.8B 7.7B
Gross profit 2.8B 2.7B 2.1B 1.3B
Operating expense
Research & development 761.6M 779.7M 868.7M 1.0B
Selling general and admin 584.6M 795.5M 923.3M 806.3M
Other operating expenses
Operating income 1.6B 1.1B 382.4M -381.9M
Non operating interest income
Income 445.9M 406.2M 437.9M 183.1M
Expense 194K 239K 317K 349K
Other income expense
Pretax income 2.1B 1.6B 767.7M -204.5M
Tax provision -678.1M 4.9M 33.5M 17.0M
Net income 2.7B 1.6B 734.2M -221.5M
Basic EPS 13.0 7.5 3.5 -1.1
Diluted EPS 12.9 7.4 3.5 -1.1
Basic average shares 211.0M 208.8M 210.4M 209.0M
Diluted average shares 211.0M 208.8M 210.4M 209.0M
EBITDA 2.1B 1.6B 787.4M -168.1M
Net income from continuing op. 2.1B 1.6B 767.7M -204.5M
Minority interests 2.4M -3.9M 0
Preferred stock dividends 0 0 0 0
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