9899 — Netease Cloud Music Income Statement

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Annual income statement for Netease Cloud Music, fiscal year end - December 31st, CNY millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	PRESS
Standards:	IFRS	IFRS	IFRS	IFRS	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	6,998	8,992	7,867	7,950	7,759
Cost of Revenue
Gross Profit	143	1,293	2,103	2,682	2,770
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	8,345	9,377	7,537	6,779	6,137
Operating Profit	-1,347	-385	330	1,171	1,622
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	-2,051	-204	768	1,570	2,068
Provision for Income Taxes
Net Income After Taxes	-2,056	-221	734	1,565	2,746
Minority Interest
Net Income Before Extraordinary Items
Net Income	-2,056	-221	734	1,562	2,748
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-2,056	-221	734	1,562	2,748
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	-15.6	-1.02	3.48	7.42	12.9