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Communication Services - Internet Content & Information - NYSE - CN
$ 11.07
2.41 %
$ 18.7 B
Market Cap
22.59
P/E
INCOME STATEMENT
27.8 B REVENUE
-2.07%
6.06 B OPERATING INCOME
36.37%
6.04 B NET INCOME
38.23%
EFFICIENCY
Earnings Waterfall Tencent Music Entertainment Group
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Revenue 27.8 B
Cost Of Revenue 18 B
Gross Profit 9.8 B
Operating Expenses 3.74 B
Operating Income 6.06 B
Other Expenses 14 M
Net Income 6.04 B

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016
REVENUE
Revenue 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 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 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 3 736.0 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 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 2 580.0 2 339.0 1 667.0 1 159.0 937.0 797.0 449.0
Operating Income 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 124.0 108.0 121.0 97.0 64.0 35.0 0 0
Total Other Income (14.0) (70.0) (168.0) (78.0) (82.0) (36.0) 185.0 20.0
Pre-Tax Income 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 825.0 534.0 417.0 456.0 563.0 171.0 278.0 29.0
Net Income 4 920.0 3 677.0 3 029.0 4 155.0 3 982.0 1 833.0 1 326.0 82.0
EPS 3.1 1.15 1.82 2.5 2.43 1.19 0.82 0.0505