Tencent Music Entertainment Group (TME) Profit Metrics
Price: $14.00
Market Cap: $9.80B
Avg Volume: 8.27M
Market Cap: $9.80B
Avg Volume: 8.27M
Country: CN
Industry: Internet Content & Information
Sector: Communication Services
Industry: Internet Content & Information
Sector: Communication Services
Profit Metrics Summary (Annual)
According to Tencent Music Entertainment Group's latest annual financial reports:
- The company has reported a gross profit of 12.03B, indicating the amount earned after deducting the cost of goods sold (COGS) from revenue. The gross profit margin is 42.34%, with a year-over-year growth of 22.77%.
- Tencent Music Entertainment Group's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 8.23B. The EBITDA margin stands at 28.99%, showing a growth of 14.79% compared to the previous year.
- The operating income, representing the profit from business operations before taxes and interest, stands at 8.71B. The operating margin is 30.67%, with a year-over-year growth of 43.75%.
- The net income, which shows the company's total earnings or profit after all expenses, is 6.64B. The net profit margin is 23.39%, demonstrating a growth of 35.04% from the previous year.
These metrics provide a comprehensive overview of Tencent Music Entertainment Group's profitability and operational efficiency over the past year.
Gross Profit
$12.03B
Gross Profit Margin (2023)
42.34%
EBITDA
$8.23B
EBITDA Margin
28.99%
Operating Income (2023)
$8.71B
Operating Margin
30.67%
Net Income
$6.64B
Net Profit Margin
23.39%
Historical Gross Profit
Historical Gross Profit Margin
Historical Gross Profit Growth
Historical EBITDA
Historical EBITDA Margin
Historical EBITDA Growth
Historical Operating Income
Historical Operating Profit Margin
Historical Operating Income Growth
Historical Net Income
Historical Net Profit Margin
Historical Net Income Growth
Tencent Music Entertainment Group Historical Profit Metrics
Tencent Music Entertainment Group Historical Profits
The table below shows various profit metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Gross Profit | Gross Profit Growth | Operating Income | Operating Income Growth | Net Income | Net Income Growth | EBITDA | EBITDA Growth |
|---|---|---|---|---|---|---|---|---|
| 2024 | $12.03B | 22.77% | $8.71B | 43.75% | $6.64B | 35.04% | $8.23B | 14.79% |
| 2023 | $9.79B | 11.65% | $6.06B | 36.37% | $4.92B | 33.80% | $7.17B | 27.00% |
| 2022 | $8.77B | -6.71% | $4.44B | 61.45% | $3.68B | 21.39% | $5.65B | 18.83% |
| 2021 | $9.40B | 1.10% | $2.75B | -41.57% | $3.03B | -27.10% | $4.75B | -14.44% |
| 2020 | $9.30B | 7.25% | $4.71B | 1.90% | $4.16B | 4.34% | $5.55B | 7.01% |
| 2019 | $8.67B | 19.18% | $4.62B | 126.68% | $3.98B | 117.24% | $5.19B | 115.66% |
| 2018 | $7.28B | 91.00% | $2.04B | 28.00% | $1.83B | 38.24% | $2.41B | 21.81% |
| 2017 | $3.81B | 209.25% | $1.59B | 1446.60% | $1.33B | 1517.07% | $1.98B | 500.61% |
| 2016 | $1.23B | 0.00% | $103.00M | 0.00% | $82.00M | 0.00% | $329.00M | 0.00% |
Related Metrics
Explore detailed financial metrics and analysis for TME.