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NetEase Cloud Music (HKSE:09899) Deferred Tax : HK$0 Mil (TTM As of Dec. 2024)


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What is NetEase Cloud Music Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

NetEase Cloud Music's change in deferred tax for the six months ended in Dec. 2024 was HK$0 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2024 was HK$0 Mil.

NetEase Cloud Music Deferred Tax Historical Data

The historical data trend for NetEase Cloud Music's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NetEase Cloud Music Deferred Tax Chart

NetEase Cloud Music Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Deferred Tax
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NetEase Cloud Music Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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NetEase Cloud Music Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NetEase Cloud Music Deferred Tax Related Terms

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NetEase Cloud Music Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NetEase Cloud Music Inc (HKSE:09899) » Definitions » Deferred Tax
Comparable Companies
HKSE:01357 HKSE:00772 HKSE:01896 HKSE:03700 HKSE:01980 HKSE:02008 HKSE:00543 HKSE:00150 HKSE:03601 HKSE:01739 GOOGL META HKSE:00700 SPOT XAMS:PRX TSE:6098 BIDU TME HKSE:01024 ASX:REA
Traded in Other Exchanges
N/A
Address
No. 353 Benjing Avenue, Room 1201, Block A, Hangzhou International Expo Center, Qianjiang Century City, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Website
http://ir.music.163.com
Cloud Music is the second-largest online music service provider in China, founded in 2013 by NetEase. NetEase currently holds approximately 58% of Cloud Music's equity stake and controls 90% of its voting power. The platform's business model is similar to its main competitor, Tencent Music, as both offer music streaming services along with social entertainment features like live streaming to engage users and drive additional revenue.
Executives
Ding William Lei
Netease, Inc.
Shining Globe Holding Limited
Tmf (cayman) Ltd.
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Taobao China Holding Limited 2101 Beneficial owner
Taobao Holding Limited 2201 Interest of corporation controlled by you
Shining Globe International Limited 2201 Interest of corporation controlled by you
Gic Private Limited 2501 Other
Gic (ventures) Pte. Ltd. 2201 Interest of corporation controlled by you
Gic Special Investments Private Limited 2102 Investment manager

NetEase Cloud Music Headlines

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