Communication Services -
Internet Content & Information - NYSE - CN
$ 14.18
1.48 %
$ 10.8 B
Market Cap
24.84
P/E
INCOME STATEMENT
EFFICIENCY
Earnings Waterfall
Tencent Music Entertainment Group
| Revenue | 28.4 B |
| Cost Of Revenue | 16.4 B |
| Gross Profit | 12 B |
| Operating Expenses | 3.32 B |
| Operating Income | 8.71 B |
| Other Expenses | -2 M |
| Net Income | 8.71 B |
Income Statement
Millions
| Dec-2024 | Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | |
|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||
| Revenue | 28 401.0 | 27 752.0 | 28 339.0 | 31 244.0 | 29 153.0 | 25 434.0 | 18 985.0 | 10 981.0 | 4 361.0 |
| GROSS PROFIT | |||||||||
| Cost Of Revenue | 16 376.0 | 17 957.0 | 19 566.0 | 21 840.0 | 19 851.0 | 16 761.0 | 11 708.0 | 7 171.0 | 3 129.0 |
| Gross Profit | 12 025.0 | 9 795.0 | 8 773.0 | 9 404.0 | 9 302.0 | 8 673.0 | 7 277.0 | 3 810.0 | 1 232.0 |
| OPERATING INCOME | |||||||||
| Operating Expenses | 3 315.0 | 3 736.0 | 5 557.0 | 6 687.0 | 5 576.0 | 4 744.0 | 3 972.0 | 2 404.0 | 1 139.0 |
| Selling, General and Administrative Expenses | 4 676.0 | 5 018.0 | 5 557.0 | 6 687.0 | 5 576.0 | 4 744.0 | 3 972.0 | 2 434.0 | 1 148.0 |
| Research and Development Expenses | 0 | 0 | 2 580.0 | 2 339.0 | 1 667.0 | 1 159.0 | 937.0 | 797.0 | 449.0 |
| Operating Income | 8 710.0 | 6 059.0 | 4 443.0 | 2 752.0 | 4 710.0 | 4 622.0 | 2 039.0 | 1 593.0 | 103.0 |
| PRE-TAX INCOME | |||||||||
| Interest Income Expense | 0 | 124.0 | 108.0 | 121.0 | 97.0 | 64.0 | 35.0 | 0 | 0 |
| Total Other Income | 2.0 | (14.0) | (70.0) | (168.0) | (78.0) | (82.0) | (36.0) | 185.0 | 20.0 |
| Pre-Tax Income | 8 712.0 | 6 045.0 | 4 373.0 | 3 632.0 | 4 632.0 | 4 540.0 | 2 003.0 | 1 597.0 | 114.0 |
| NET INCOME | |||||||||
| Tax Provision | 1 603.0 | 825.0 | 534.0 | 417.0 | 456.0 | 563.0 | 171.0 | 278.0 | 29.0 |
| Net Income | 6 644.0 | 4 920.0 | 3 677.0 | 3 029.0 | 4 155.0 | 3 982.0 | 1 833.0 | 1 326.0 | 82.0 |
| EPS | 4.24 | 3.1 | 1.15 | 1.82 | 2.5 | 2.43 | 1.19 | 0.82 | 0.0505 |