Tencent Music Entertainment Group (TME)

NYSE: TME · IEX Real-Time Price · USD

12.68

+0.15 (1.20%)

At close: Apr 25, 2024, 4:00 PM

12.94

+0.26 (2.05%)

Pre-market: Apr 26, 2024, 4:30 AM EDT

TME Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	27,752	28,339	31,244	29,153	25,434	18,985	10,981	4,361
Revenue Growth (YoY)	-2.07%	-9.30%	7.17%	14.62%	33.97%	72.89%	151.80%	-
Cost of Revenue	17,957	19,566	21,840	19,851	16,761	11,708	7,171	3,129
Gross Profit	9,795	8,773	9,404	9,302	8,673	7,277	3,810	1,232
Selling, General & Admin	5,018	5,557	6,687	5,576	4,744	3,972	2,434	1,148
Other Operating Expenses	-230	-516	-553	-362	-78	1,548	-124	13
Operating Expenses	4,788	5,041	6,134	5,214	4,666	5,520	2,310	1,161
Operating Income	5,007	3,732	3,270	4,088	4,007	1,757	1,500	71
Interest Expense / Income	141	108	121	97	64	35	0	0
Other Expense / Income	-879	-587	-297	-620	-602	-282	-104	-40
Pretax Income	5,745	4,211	3,446	4,611	4,545	2,004	1,604	111
Income Tax	825	534	417	456	563	171	278	29
Net Income	4,920	3,677	3,029	4,155	3,982	1,833	1,326	82
Net Income Growth	33.80%	21.39%	-27.10%	4.34%	117.24%	38.24%	1517.07%	-
Shares Outstanding (Basic)	4,714	4,764	5,055	4,681	3,876	3,901	3,901	-
Shares Change	-1.04%	-5.76%	8.00%	20.76%	-0.65%	-	-	-
EPS (Basic)	3.16	2.30	1.82	2.50	2.44	1.20	1.02	0.08
EPS (Diluted)	3.10	2.28	1.80	2.48	2.38	1.16	1.00	0.08
EPS Growth	35.96%	26.67%	-27.42%	4.20%	105.17%	16.00%	1150.00%	-
Free Cash Flow	7,290	7,542	5,211	4,837	6,093	5,472	2,539	867
Free Cash Flow Per Share	3.09	3.17	2.06	2.07	3.14	2.81	1.30	-
Gross Margin	35.29%	30.96%	30.10%	31.91%	34.10%	38.33%	34.70%	28.25%
Operating Margin	18.04%	13.17%	10.47%	14.02%	15.75%	9.25%	13.66%	1.63%
Profit Margin	17.73%	12.98%	9.69%	14.25%	15.66%	9.65%	12.08%	1.88%
Free Cash Flow Margin	26.27%	26.61%	16.68%	16.59%	23.96%	28.82%	23.12%	19.88%
Effective Tax Rate	14.36%	12.68%	12.10%	9.89%	12.39%	8.53%	17.33%	26.13%
EBITDA	5,886	4,319	3,567	4,708	4,609	2,039	1,604	111
EBITDA Margin	21.21%	15.24%	11.42%	16.15%	18.12%	10.74%	14.61%	2.55%
EBIT	5,886	4,319	3,567	4,708	4,609	2,039	1,604	111
EBIT Margin	21.21%	15.24%	11.42%	16.15%	18.12%	10.74%	14.61%	2.55%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).