Tencent Music Entertainment Group
TME · XNYSCIK 1744676fmd_18FK6TRDWF0KNBDFCY683AE401Transportation, Communications, Electric, Gas and Sanitary Services · Radio Broadcasting StationsTemplate: Standard
Coverage: Jan 01, 2016 to Dec 31, 2025, 12 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 4,361 | 10,981 | 18,985 | 25,434 | 29,153 | 31,244 | 28,339 | 27,752 | 28,401 |
| Cost of revenue | 3,129 | 7,171 | 11,708 | 16,761 | 19,851 | 21,840 | 19,566 | 17,957 | 16,376 |
| Gross profit | 1,232 | 3,810 | 7,277 | 8,673 | 9,302 | 9,404 | 8,773 | 9,795 | 12,025 |
| Research and development | 449 | 797 | 937 | 1,159 | 1,667 | 2,339 | 2,580 | 2,525 | 2,280 |
| Selling, general and administrative | 1,148 | 2,434 | 3,972 | 4,744 | 5,576 | 6,687 | 5,557 | 5,018 | 4,676 |
| Operating income | 103 | 1,593 | 2,039 | 4,622 | 4,710 | 3,800 | 4,443 | 6,059 | 8,710 |
| Interest expense | – | – | 35 | 64 | 97 | 121 | 108 | 141 | 94 |
| Income before taxes | 114 | 1,597 | 2,003 | 4,540 | 4,632 | 3,632 | 4,373 | 6,045 | 8,712 |
| Income tax expense | 29 | 278 | 171 | 563 | 456 | 417 | 534 | 825 | 1,603 |
| Net income from continuing operations | 85 | 1,319 | 1,832 | 3,977 | 4,176 | 3,215 | 3,839 | 5,220 | 7,109 |
| Net income | 82 | 1,326 | 1,833 | 3,982 | 4,155 | 3,029 | 3,677 | 4,920 | 6,644 |