Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
14.38
-0.36 (-2.44%)
Mar 28, 2025, 4:00 PM EDT - Market closed
TME Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2016 |
| Revenue | 28,401 | 27,752 | 28,339 | 31,244 | 29,153 | Upgrade
|
| Revenue Growth (YoY) | 2.34% | -2.07% | -9.30% | 7.17% | 14.62% | Upgrade
|
| Cost of Revenue | 16,376 | 17,957 | 19,566 | 21,840 | 19,851 | Upgrade
|
| Gross Profit | 12,025 | 9,795 | 8,773 | 9,404 | 9,302 | Upgrade
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| Selling, General & Admin | 4,676 | 5,018 | 5,557 | 6,687 | 5,576 | Upgrade
|
| Other Operating Expenses | -165 | -222 | -334 | -423 | -315 | Upgrade
|
| Operating Expenses | 4,511 | 4,796 | 5,223 | 6,264 | 5,261 | Upgrade
|
| Operating Income | 7,514 | 4,999 | 3,550 | 3,140 | 4,041 | Upgrade
|
| Interest Expense | -94 | -124 | -115 | -120 | -99 | Upgrade
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| Interest & Investment Income | 1,196 | 1,067 | 725 | 557 | 622 | Upgrade
|
| Earnings From Equity Investments | 96 | 127 | 38 | -47 | 19 | Upgrade
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| Currency Exchange Gain (Loss) | - | -17 | 7 | -1 | 2 | Upgrade
|
| EBT Excluding Unusual Items | 8,712 | 6,052 | 4,205 | 3,529 | 4,585 | Upgrade
|
| Gain (Loss) on Sale of Investments | - | -23 | 26 | 105 | -4 | Upgrade
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| Gain (Loss) on Sale of Assets | - | 12 | 1 | -10 | 32 | Upgrade
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| Other Unusual Items | - | 4 | 141 | 8 | 19 | Upgrade
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| Pretax Income | 8,712 | 6,045 | 4,373 | 3,632 | 4,632 | Upgrade
|
| Income Tax Expense | 1,603 | 825 | 534 | 417 | 456 | Upgrade
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| Earnings From Continuing Operations | 7,109 | 5,220 | 3,839 | 3,215 | 4,176 | Upgrade
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| Minority Interest in Earnings | -465 | -300 | -162 | -186 | -21 | Upgrade
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| Net Income | 6,644 | 4,920 | 3,677 | 3,029 | 4,155 | Upgrade
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| Net Income to Common | 6,644 | 4,920 | 3,677 | 3,029 | 4,155 | Upgrade
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| Net Income Growth | 35.04% | 33.80% | 21.39% | -27.10% | 4.35% | Upgrade
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| Shares Outstanding (Basic) | 1,542 | 1,561 | 1,602 | 1,661 | 1,657 | Upgrade
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| Shares Outstanding (Diluted) | 1,565 | 1,584 | 1,617 | 1,682 | 1,680 | Upgrade
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| Shares Change (YoY) | -1.18% | -2.04% | -3.82% | 0.08% | 0.39% | Upgrade
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| EPS (Basic) | 4.31 | 3.15 | 2.30 | 1.82 | 2.51 | Upgrade
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| EPS (Diluted) | 4.24 | 3.10 | 2.28 | 1.80 | 2.48 | Upgrade
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| EPS Growth | 36.77% | 35.97% | 26.67% | -27.42% | 4.20% | Upgrade
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| Free Cash Flow | 10,275 | 7,172 | 7,396 | 5,080 | 4,777 | Upgrade
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| Free Cash Flow Per Share | 6.56 | 4.53 | 4.57 | 3.02 | 2.84 | Upgrade
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| Dividend Per Share | 1.314 | 0.972 | - | - | - | Upgrade
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| Dividend Growth | 35.23% | - | - | - | - | Upgrade
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| Gross Margin | 42.34% | 35.30% | 30.96% | 30.10% | 31.91% | Upgrade
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| Operating Margin | 26.46% | 18.01% | 12.53% | 10.05% | 13.86% | Upgrade
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| Profit Margin | 23.39% | 17.73% | 12.97% | 9.70% | 14.25% | Upgrade
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| Free Cash Flow Margin | 36.18% | 25.84% | 26.10% | 16.26% | 16.39% | Upgrade
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| EBITDA | 8,234 | 5,719 | 4,424 | 4,141 | 4,779 | Upgrade
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| EBITDA Margin | 28.99% | 20.61% | 15.61% | 13.25% | 16.39% | Upgrade
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| D&A For EBITDA | 720 | 720 | 874 | 1,001 | 738 | Upgrade
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| EBIT | 7,514 | 4,999 | 3,550 | 3,140 | 4,041 | Upgrade
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| EBIT Margin | 26.46% | 18.01% | 12.53% | 10.05% | 13.86% | Upgrade
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| Effective Tax Rate | 18.40% | 13.65% | 12.21% | 11.48% | 9.84% | Upgrade
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| Revenue as Reported | 28,401 | 27,752 | 28,339 | 31,244 | 29,153 | Upgrade
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| Advertising Expenses | - | 603 | 852 | 2,387 | 2,227 | Upgrade
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Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.