NetEase Cloud Music Inc. (HKG:9899)

NetEase Cloud Music Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,795	4,020	2,917	853.45	3,006
Short-Term Investments	6,421	5,485	6,192	5,528	816.92
Trading Asset Securities	6.52	-	-	240.77	971.32
Cash & Short-Term Investments	10,222	9,505	9,108	6,622	4,794
Cash Growth	7.55%	4.36%	37.54%	38.12%	-25.28%
Accounts Receivable	1,087	1,022	696.65	802.02	426.06
Other Receivables	0.22	98.79	82.47	136.11	202.53
Receivables	1,088	1,121	779.11	938.13	628.58
Prepaid Expenses	-	86.46	72.67	98.05	76.41
Restricted Cash	1.86	21.01	8.32	-	-
Other Current Assets	640.28	590.03	507.11	1,111	1,363
Total Current Assets	11,952	11,323	10,475	8,769	6,863
Property, Plant & Equipment	26.25	39.34	53.66	54.55	20.8
Long-Term Investments	1,472	78.97	79.03	92.91	278.58
Long-Term Deferred Charges	131.39	169.09	283.43	471.46	894.76
Other Long-Term Assets	-	-	-	-	0.63
Total Assets	13,582	11,611	10,891	9,388	8,057
Accounts Payable	97.72	76.37	53.21	56.52	75.55
Accrued Expenses	1,976	1,918	2,153	1,112	1,576
Current Portion of Leases	1.71	3	2.78	2.61	-
Current Income Taxes Payable	0.74	4.13	5.62	-	0.64
Current Unearned Revenue	1,235	1,001	714.26	604.61	384.98
Other Current Liabilities	-	97.68	81.78	171.56	135.92
Total Current Liabilities	3,312	3,100	3,010	1,948	2,173
Long-Term Debt	-	-	-	-	11,162
Long-Term Leases	4.76	3.36	5.62	7.89	-
Long-Term Unearned Revenue	83.89	66.54	55.24	50.56	29.11
Total Liabilities	3,401	3,170	3,071	2,006	13,364
Common Stock	0.14	0.14	0.14	0.13	0.08
Additional Paid-In Capital	-	17,286	17,113	16,900	2,582
Retained Earnings	-8,531	-10,087	-10,820	-10,597	-8,371
Comprehensive Income & Other	18,708	1,242	1,527	1,079	481.8
Total Common Equity	10,178	8,441	7,820	7,382	-5,307
Minority Interest	3.86	-	-	-	-
Shareholders' Equity	10,182	8,441	7,820	7,382	-5,307
Total Liabilities & Equity	13,582	11,611	10,891	9,388	8,057
Total Debt	6.47	6.36	8.4	10.51	11,162
Net Cash (Debt)	10,216	9,499	9,100	6,611	-6,368
Net Cash Growth	7.55%	4.39%	37.63%	-	-
Net Cash Per Share	48.40	44.84	43.54	51.19	-52.25
Filing Date Shares Outstanding	208.96	214.29	211.91	207.76	121.24
Total Common Shares Outstanding	208.96	214.29	211.91	207.76	121.24
Working Capital	8,640	8,223	7,465	6,821	4,690
Book Value Per Share	48.71	39.39	36.90	35.53	-43.77
Tangible Book Value	10,178	8,441	7,820	7,382	-5,307
Tangible Book Value Per Share	48.71	39.39	36.90	35.53	-43.77
Machinery	-	131.64	131.46	110.42	76.7
Construction In Progress	-	-	-	2.83	-
Leasehold Improvements	-	5.58	5.52	1.26	1.2

Source: S&P Capital IQ. Standard template. Financial Sources.