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Cloud Music (HKSE:09899) Other Current Liabilities : HK$3,213 Mil (As of Dec. 2023)


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What is Cloud Music Other Current Liabilities?

Cloud Music's other current liabilities for the quarter that ended in Dec. 2023 was HK$3,213 Mil.

Cloud Music's quarterly other current liabilities declined from Dec. 2022 (HK$3,213 Mil) to Jun. 2023 (HK$2,736 Mil) but then increased from Jun. 2023 (HK$2,736 Mil) to Dec. 2023 (HK$3,213 Mil).

Cloud Music's annual other current liabilities increased from Dec. 2021 (HK$2,256 Mil) to Dec. 2022 (HK$3,213 Mil) and increased from Dec. 2022 (HK$3,213 Mil) to Dec. 2023 (HK$3,213 Mil).

Cloud Music Other Current Liabilities Historical Data

The historical data trend for Cloud Music's Other Current Liabilities 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 Other Current Liabilities Chart

Cloud Music Annual Data
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Other Current Liabilities
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Cloud Music Semi-Annual Data
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Cloud Music Other Current Liabilities Calculation

The liability a company needs to pay in the next 12 months, but not assigned to Accounts Payable or Debt. For instance, Wal-Mart (WMT) has accrued wages, salaries, valuation, bonuses, insurance liabilities, accrued tax etc. These are all included in other current liabilities.

Cloud Music Other Current Liabilities Related Terms

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Cloud Music (HKSE:09899) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Cloud Music Inc (HKSE:09899) » Definitions » Other Current Liabilities
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.

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