I think this is quite decent, though it's way less faithful (both outwardly and in spirit) to the original Russian folk tale than the excellent 2013 "Mountain of Gems" version. Though it ultimately has roughly the same moral, it follows the trend that was prevalent in those years of changing children's folk tales to not have bad endings (you also saw it in the US, such as with Ray Harryhausen's stop motion fairy tale adaptations). Whereas the 2013 version psychologically softens the "bad" ending by changing the frame to that of the fox as a good mother telling the cautionary story to her children - but even so, the dough-ball DOES get eaten.

This version is interesting, though, in that the dough-ball is rather more of a "difficult character" who invents his own "drama", while none of the forest animals even care much about him, except for the fox (which is something that this version shares with the otherwise very unorthodox 2006 version).