Last Price$14.21.3%
Market Cap$22.0B
$3,947.4M
+2.3% YoY
$923.4M
+35.0% YoY
($3,192.8M)
Net Debt to FCF - (2.3x)
$1,428.1M
36.2% margin
TME Income Statement
TME Income Statement Overview
Annual
Quarterly
LTM
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
$3,921.0M (2.1%) YoY
Cost of revenue
$2,537.1M (8.2%) YoY
Pre-tax income
$854.1M 38.2% YoY
21.8% margin
TME Income statement key metrics
Annual
Quarterly
LTM
TME Balance Sheet
TME Balance Sheet Overview
Annual
Quarterly
LTM
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Assets
Liabilities
Total assets
$10.6B
Current assets ($4,216.5M, 39.6% of total)
$3,315.7M (31.2%)
$411.0M (3.9%)
Other current assets
$489.7M (4.6%)
Non-current assets ($6,422.8M, 60.4% of total)
$2,794.5M (26.3%)
$120.7M (1.1%)
$629.5M (5.9%)
Other non-current assets
$2,878.1M (27.1%)
Financial position
($2,463.9M)
Cash & Short-term
Investments
Total Debt
TME Balance Sheet Metrics
Annual
Quarterly
LTM
TME Cash Flow Statement
TME Cash Flow Statement Overview
Annual
Quarterly
LTM
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
$566.8M Net Change in Cash
TME Cash Flow Statement key metrics
Annual
Quarterly
LTM
Operating Cash Flow (OCF)
$1,036.6M -1.9% YoY
Capital Expenditure (CAPEX)
($164.5M) +94.1% YoY
Free Cash Flow (FCF)
$872.2M -3.0% YoY
TME Financials
USD
CNY
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|
% growth | 656.9 0.0% | 1,624.9 147.4% | 2,873.4 76.8% | 3,682.3 28.1% | 4,226.8 14.8% | 4,842.4 14.6% | 4,218.7 (12.9%) | 3,921.0 (7.1%) |
| Cost of Goods Sold (COGS) | 471.3 | 1,061.1 | 1,772.0 | 2,426.6 | 2,878.1 | 3,384.9 | 2,912.7 | 2,537.1 |
% margin | 185.6 28.3% | 563.8 34.7% | 1,101.4 38.3% | 1,255.7 34.1% | 1,348.7 31.9% | 1,457.5 30.1% | 1,306.0 31.0% | 1,383.9 35.3% |
| Operating Expenses | 171.6 | 355.7 | 601.2 | 686.8 | 808.5 | 1,036.4 | 827.2 | 527.9 |
| Research & Development Expenses (R&D) | 67.6 | 117.9 | 141.8 | 167.8 | 241.7 | 362.5 | 384.1 | 0.0 |
| Selling, General & Administrative Expenses (SG&A) | 172.9 | 360.2 | 601.2 | 686.8 | 808.5 | 1,036.4 | 827.2 | 709.0 |
% margin | 15.5 2.4% | 235.7 14.5% | 308.6 10.7% | 669.2 18.2% | 682.9 16.2% | 426.5 8.8% | 661.4 15.7% | 856.1 21.8% |
| Interest Income | 4.8 | 13.8 | 42.7 | 89.0 | 90.2 | 82.1 | 105.8 | 148.6 |
| Interest Expense | 0.0 | 0.0 | 5.3 | 9.3 | 14.1 | 18.8 | 16.1 | 17.5 |
| Pre-tax Income | 17.2 | 236.3 | 303.2 | 657.3 | 671.6 | 562.9 | 651.0 | 854.1 |
% effective tax rate | 4.4 25.4% | 41.1 17.4% | 25.9 8.5% | 81.5 12.4% | 66.1 9.8% | 64.6 11.5% | 79.5 12.2% | 116.6 13.6% |
% margin | 12.4 1.9% | 196.2 12.1% | 277.4 9.7% | 576.5 15.7% | 602.4 14.3% | 469.5 9.7% | 547.4 13.0% | 695.1 17.7% |
| EPS | 0.01 | 0.12 | 0.18 | 0.35 | 0.36 | 0.28 | 0.17 | 0.44 |
| Diluted EPS | 0.01 | 0.12 | 0.18 | 0.34 | 0.36 | 0.28 | 0.17 | 0.44 |
% margin | 49.6 7.5% | 292.4 18.0% | 364.3 12.7% | 751.5 20.4% | 805.4 19.1% | 736.7 15.2% | 840.8 19.9% | 1,013.5 25.8% |
FAQ
What is the Tencent Music Entertainment Group (TME) revenue?
The Tencent Music Entertainment Group (TME) revenue is $3,921.0M, reflecting a year-over-year (YoY) growth of -2.1% YoY.
What is the Tencent Music Entertainment Group (TME) Net Income?
The Tencent Music Entertainment Group (TME) Net Income is $695.1M, showcasing a YoY growth of +33.8% YoY.