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Cloud Music (HKSE:09899) Capital Expenditure : HK$-6.07 Mil (TTM As of Dec. 2023)


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What is Cloud Music Capital Expenditure?

Cash flow for capital expenditures refers to the funds spent for a company to acquire or upgrade physical assets such as property, industrial buildings or equipment.

Cloud Music's cash flow for capital expenditures for the six months ended in Dec. 2023 was HK$-3 Mil. Its cash flow for capital expenditures for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-6.07 Mil.

Cloud Music Capital Expenditure Historical Data

The historical data trend for Cloud Music's Capital Expenditure 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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Cloud Music Capital Expenditure Chart

Cloud Music Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capital Expenditure
Get a 7-Day Free Trial -16.39 -24.38 -48.37 -29.14 -6.07

Cloud Music Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Capital Expenditure Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.32 -17.29 -12.67 -3.21 -2.86

Cloud Music Capital Expenditure Calculation

Cash flow for capital expenditures refers to the funds spent for a company to acquire or upgrade physical assets such as property, industrial buildings or equipment.

Capital Expenditure for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-6.07 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.

Cloud Music (HKSE:09899) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Cloud Music Inc (HKSE:09899) » Definitions » Capital Expenditure
Comparable Companies
HKSE:01357 HKSE:00772 HKSE:01896 HKSE:03700 HKSE:02008 HKSE:00150 HKSE:00543 HKSE:01980 HKSE:01739 HKSE:03601 GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT DASH JSE:NPN HKSE:01024 XKRX:035420
Traded in Other Exchanges
N/A
Address
No. 353 Benjing Avenue, Hangzhou International Expo Center, Room 1201, Block A, Qianjiang Century City, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Website
https://ir.music.163.com
Cloud Music is the second largest online music service provider in China. It was founded in 2013 by NetEase, which currently holds around 58% of its equity stake and 90% of voting power. The business model of Cloud Music resembles that of its main competitor Tencent Music, as both provide music streaming services to their users with enhanced socializing features. In 2018, NetEase started to offer social entertainment services, including music live audio and video streaming, and online karaoke.
Executives
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
Ding William Lei
Netease, Inc.
Shining Globe Holding Limited
Tmf (cayman) Ltd.
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

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