Tencent Historical Income Statement

TME Stock

USD 11.41 0.10 0.87%

Historical analysis of Tencent Music income statement accounts such as Depreciation And Amortization of 681.3 M, Interest Expense of 70.7 M, Selling General Administrative of 3.1 B or Selling And Marketing Expenses of 1.7 B can show how well Tencent Music Entertainment performed in making a profits. Evaluating Tencent Music income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tencent Music's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Tencent Music Entert latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tencent Music Entert is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tencent Music Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Tencent Income Statement Analysis

Tencent Music Entert Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tencent Music shareholders. The income statement also shows Tencent investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Tencent Music Income Statement Chart

At present, Tencent Music's Selling And Marketing Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 4.6 B, whereas Net Interest Income is forecasted to decline to about 470.7 M.

Tax Provision Selling General Administrative Selling And Marketing Expenses Total Revenue

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Total Revenue

Total revenue comprises all receipts Tencent Music Entert generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most accounts from Tencent Music's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tencent Music Entert current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tencent Music Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

	2021	2022	2023	2024 (projected)
Net Interest Income	409M	603M	928M	470.7M
Tax Provision	417M	534M	825M	450.0M

Net Interest Income Tax Provision

Tencent Music income statement Correlations

	Tax Provision	Net Interest Income	Interest Income	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Reconciled Depreciation
Tax Provision		0.97	0.9	0.69	0.91	0.63	0.9	0.91	0.87	0.98	0.98	0.96	0.96	0.89	0.79	0.98	0.04	0.97	1.0	-0.29	0.84
Net Interest Income	0.97		0.91	0.72	0.92	0.62	0.91	0.92	0.87	0.98	0.98	0.98	0.98	0.89	0.79	0.98	-0.07	0.97	0.97	-0.27	0.86
Interest Income	0.9	0.91		0.73	0.87	0.6	0.85	0.86	0.83	0.9	0.9	0.9	0.91	0.85	0.76	0.91	0.05	0.9	0.9	-0.4	0.85
Depreciation And Amortization	0.69	0.72	0.73		0.86	0.48	0.76	0.72	0.76	0.67	0.71	0.7	0.77	0.77	0.72	0.71	0.02	0.69	0.69	-0.34	0.92
Selling General Administrative	0.91	0.92	0.87	0.86		0.74	0.97	0.96	0.96	0.91	0.94	0.94	0.97	0.97	0.92	0.94	-0.12	0.93	0.91	-0.33	0.95
Selling And Marketing Expenses	0.63	0.62	0.6	0.48	0.74		0.87	0.85	0.89	0.69	0.75	0.75	0.74	0.87	0.93	0.73	-0.3	0.76	0.63	0.15	0.6
Total Revenue	0.9	0.91	0.85	0.76	0.97	0.87		0.99	1.0	0.93	0.96	0.96	0.97	1.0	0.97	0.96	-0.18	0.96	0.9	-0.15	0.88
Gross Profit	0.91	0.92	0.86	0.72	0.96	0.85	0.99		0.98	0.94	0.97	0.98	0.98	0.98	0.95	0.96	-0.25	0.97	0.91	-0.15	0.84
Other Operating Expenses	0.87	0.87	0.83	0.76	0.96	0.89	1.0	0.98		0.9	0.94	0.94	0.95	1.0	0.99	0.93	-0.16	0.94	0.87	-0.13	0.88
Operating Income	0.98	0.98	0.9	0.67	0.91	0.69	0.93	0.94	0.9		0.99	0.99	0.98	0.92	0.83	0.99	-0.06	0.99	0.98	-0.14	0.83
Net Income From Continuing Ops	0.98	0.98	0.9	0.71	0.94	0.75	0.96	0.97	0.94	0.99		1.0	0.99	0.95	0.87	1.0	-0.07	1.0	0.98	-0.16	0.86
Ebit	0.96	0.98	0.9	0.7	0.94	0.75	0.96	0.98	0.94	0.99	1.0		0.99	0.95	0.88	0.99	-0.16	0.99	0.96	-0.17	0.84
Ebitda	0.96	0.98	0.91	0.77	0.97	0.74	0.97	0.98	0.95	0.98	0.99	0.99		0.96	0.89	0.99	-0.14	0.99	0.96	-0.2	0.88
Cost Of Revenue	0.89	0.89	0.85	0.77	0.97	0.87	1.0	0.98	1.0	0.92	0.95	0.95	0.96		0.98	0.95	-0.14	0.95	0.89	-0.14	0.89
Total Operating Expenses	0.79	0.79	0.76	0.72	0.92	0.93	0.97	0.95	0.99	0.83	0.87	0.88	0.89	0.98		0.87	-0.22	0.88	0.79	-0.09	0.83
Income Before Tax	0.98	0.98	0.91	0.71	0.94	0.73	0.96	0.96	0.93	0.99	1.0	0.99	0.99	0.95	0.87		-0.05	1.0	0.98	-0.18	0.86
Total Other Income Expense Net	0.04	-0.07	0.05	0.02	-0.12	-0.3	-0.18	-0.25	-0.16	-0.06	-0.07	-0.16	-0.14	-0.14	-0.22	-0.05		-0.07	0.04	-0.1	0.12
Net Income	0.97	0.97	0.9	0.69	0.93	0.76	0.96	0.97	0.94	0.99	1.0	0.99	0.99	0.95	0.88	1.0	-0.07		0.97	-0.13	0.85
Income Tax Expense	1.0	0.97	0.9	0.69	0.91	0.63	0.9	0.91	0.87	0.98	0.98	0.96	0.96	0.89	0.79	0.98	0.04	0.97		-0.29	0.84
Minority Interest	-0.29	-0.27	-0.4	-0.34	-0.33	0.15	-0.15	-0.15	-0.13	-0.14	-0.16	-0.17	-0.2	-0.14	-0.09	-0.18	-0.1	-0.13	-0.29		-0.37
Reconciled Depreciation	0.84	0.86	0.85	0.92	0.95	0.6	0.88	0.84	0.88	0.83	0.86	0.84	0.88	0.89	0.83	0.86	0.12	0.85	0.84	-0.37

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Tencent Music Account Relationship Matchups

Tencent Music income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Tax Provision	563M	456M	417M	534M	825M	450.0M
Net Interest Income	551M	525M	409M	603M	928M	470.7M
Interest Income	496M	622M	530M	641M	1.1B	1.1B
Depreciation And Amortization	(18M)	824M	1.0B	1.2B	1.0B	681.3M
Interest Expense	64M	97M	121M	108M	124M	70.7M
Selling General Administrative	2.7B	3.1B	4.0B	4.4B	4.1B	3.1B
Selling And Marketing Expenses	2.0B	2.5B	2.7B	1.1B	897M	1.7B
Total Revenue	25.4B	29.2B	31.2B	28.3B	27.8B	24.2B
Gross Profit	8.7B	9.3B	9.4B	8.8B	9.8B	8.0B
Other Operating Expenses	21.5B	25.4B	28.5B	25.1B	21.7B	20.9B
Operating Income	4.6B	4.7B	2.8B	4.4B	6.1B	3.6B
Net Income From Continuing Ops	4.0B	4.2B	3.2B	3.8B	5.2B	3.3B
Ebit	4.6B	4.7B	3.8B	4.5B	6.2B	3.9B
Research Development	1.2B	1.7B	2.3B	2.6B	2.5B	1.4B
Ebitda	4.6B	5.6B	4.8B	5.6B	7.2B	4.5B
Cost Of Revenue	16.8B	19.9B	21.8B	19.6B	18.0B	16.2B
Total Operating Expenses	4.7B	5.6B	6.7B	5.6B	3.7B	4.6B
Income Before Tax	4.5B	4.6B	3.6B	4.4B	6.0B	3.7B
Total Other Income Expense Net	(82M)	(78M)	(168M)	(70M)	(14M)	(14.7M)
Net Income Applicable To Common Shares	4.0B	4.2B	3.0B	3.7B	4.2B	2.8B
Net Income	4.0B	4.2B	3.0B	3.7B	4.9B	3.2B
Income Tax Expense	563M	456M	417M	534M	825M	450.0M
Minority Interest	88M	486M	(186M)	(162M)	(300M)	(285M)
Reconciled Depreciation	583M	824M	1.0B	1.2B	1.0B	836M

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When determining whether Tencent Music Entert is a strong investment it is important to analyze Tencent Music's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tencent Music's future performance. For an informed investment choice regarding Tencent Stock, refer to the following important reports:

How To Invest In Tencent

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Is Tencent Stock a good investment?

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What is Tencent Music's Net Worth?

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Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tencent Music. If investors know Tencent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tencent Music listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.351

Earnings Share

0.49

Revenue Per Share

18.009

Quarterly Revenue Growth

0.068

Return On Assets

0.0543

The market value of Tencent Music Entert is measured differently than its book value, which is the value of Tencent that is recorded on the company's balance sheet. Investors also form their own opinion of Tencent Music's value that differs from its market value or its book value, called intrinsic value, which is Tencent Music's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tencent Music's market value can be influenced by many factors that don't directly affect Tencent Music's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Tencent Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tencent Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tencent Music's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Tencent Historical Income Statement

About Tencent Income Statement Analysis

Tencent Music Income Statement Chart

Tax Provision

Total Revenue

Tencent Music income statement Correlations

Tencent Music Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tencent Music income statement Accounts

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Income Tax Expense	+ 1.0	Tax Provision
Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Net Income From Continuing Ops
Income Before Tax	+ 1.0	Net Income From Continuing Ops

Minority Interest	- 0.4	Interest Income
Reconciled Depreciation	- 0.37	Minority Interest
Minority Interest	- 0.34	Depreciation And Amortization
Minority Interest	- 0.33	Selling General Administrative
Total Other Income Expense Net	- 0.3	Selling And Marketing Expenses
Minority Interest	- 0.29	Income Tax Expense