Tencent Music Entertainment Group (TME)

USD 11.77

(-0.08%)

Operating Expenses Summary of Tencent Music Entertainment Group

  • Tencent Music Entertainment Group's latest annual operating expenses in 2023 was 3.73 Billion CNY , down -13.21% from previous year.
  • Tencent Music Entertainment Group's latest quarterly operating expenses in 2024 Q1 was 1.13 Billion CNY , up 6.07% from previous quarter.
  • Tencent Music Entertainment Group reported a annual operating expenses of 5.55 Billion CNY in annual operating expenses 2022, down -16.9% from previous year.
  • Tencent Music Entertainment Group reported a annual operating expenses of 6.68 Billion CNY in annual operating expenses 2021, up 19.92% from previous year.
  • Tencent Music Entertainment Group reported a quarterly operating expenses of 1.14 Billion CNY for 2024 Q2, down -28.52% from previous quarter.
  • Tencent Music Entertainment Group reported a quarterly operating expenses of 1.25 Billion CNY for 2023 Q2, up 2.12% from previous quarter.

Annual Operating Expenses Chart of Tencent Music Entertainment Group (2023 - 2016)

Historical Annual Operating Expenses of Tencent Music Entertainment Group (2023 - 2016)

Year Operating Expenses Operating Expenses Growth
2023 3.73 Billion CNY -13.21%
2022 5.55 Billion CNY -16.9%
2021 6.68 Billion CNY 19.92%
2020 5.57 Billion CNY 17.54%
2019 4.74 Billion CNY 19.44%
2018 3.97 Billion CNY 65.22%
2017 2.4 Billion CNY 111.06%
2016 1.13 Billion CNY 0.0%

Peer Operating Expenses Comparison of Tencent Music Entertainment Group

Name Operating Expenses Operating Expenses Difference
The Beachbody Company, Inc. 466.77 Million USD -700.386%
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Genius Sports Limited 143.16 Million USD -2509.613%
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Nextdoor Holdings, Inc. 348.98 Million USD -970.548%
MediaAlpha, Inc. 106.63 Million USD -3403.507%
Pinterest, Inc. 2.49 Billion USD -49.92%
Reddit, Inc. 833.17 Million USD -348.403%
Similarweb Ltd. 199.73 Million USD -1770.469%
Snap Inc. 3.89 Billion USD 3.968%
Shutterstock, Inc. 445.55 Million USD -738.501%
Twilio Inc. 2.43 Billion USD -53.477%
Yelp Inc. 1.14 Billion USD -226.633%