Tencent Music Entertainment Group (TME)

USD 11.77

(-0.08%)

Annual Income Statements

(In CNY)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 27.75 Billion 28.33 Billion 31.24 Billion 29.15 Billion 25.43 Billion 18.98 Billion
Cost of Revenue 17.95 Billion 19.56 Billion 21.84 Billion 19.85 Billion 16.76 Billion 11.7 Billion
Gross Profit 9.79 Billion 8.77 Billion 9.4 Billion 9.3 Billion 8.67 Billion 7.27 Billion
Operating Expenses 3.73 Billion 5.55 Billion 6.68 Billion 5.57 Billion 4.74 Billion 3.97 Billion
Selling, General and Administrative Expenses 5.01 Billion 5.55 Billion 6.68 Billion 5.57 Billion 4.74 Billion 3.97 Billion
Research and Development Expenses - 2.58 Billion 2.33 Billion 1.66 Billion 1.15 Billion 937 Million
Other Expenses -1.28 Billion 516 Million 553 Million 362 Million 78 Million -1.58 Billion
Cost and Expenses 21.69 Billion 25.12 Billion 28.52 Billion 25.42 Billion 21.5 Billion 15.68 Billion
Operating Income 6.05 Billion 4.44 Billion 2.75 Billion 4.71 Billion 4.62 Billion 2.03 Billion
Interest Expense 124 Million 108 Million 121 Million 97 Million 64 Million 35 Million
Income Tax Expense 825 Million 534 Million 417 Million 456 Million 563 Million 171 Million
Earnings before Tax 6.04 Billion 4.37 Billion 3.63 Billion 4.63 Billion 4.54 Billion 2 Billion
Net Income 4.92 Billion 3.67 Billion 3.02 Billion 4.15 Billion 3.98 Billion 1.83 Billion
Earnings Per Share Basic 3.10 1.15 1.82 2.50 2.43 1.19
Earnings Per Share Diluted 3.11 1.14 1.80 2.48 2.38 1.16
Weighted Average Shares Outstanding 1.58 Billion 1.6 Billion 1.66 Billion 1.65 Billion 1.63 Billion 1.53 Billion
Weighted Average Shares Outstanding (Diluted) 1.58 Billion 1.61 Billion 1.68 Billion 1.68 Billion 1.67 Billion 1.57 Billion
Gross Margin 0.35 0.31 0.30 0.32 0.34 0.38
EBIT Margin 0.26 0.16 0.12 0.16 0.18 0.17
Profit Margin 0.18 0.13 0.10 0.14 0.16 0.10
EBITDA 7.17 Billion 5.64 Billion 4.75 Billion 5.55 Billion 5.19 Billion 2.4 Billion
Earnings Before Tax Margin 0.22 0.16 0.09 0.16 0.18 0.11

Income Statement Charts