Tencent Music Entertainment Group company logo
Tencent Music Entertainment Group logo

TME Cost Of Goods Sold

Annual Cost Of Goods Sold

$2.28B$256.35M-10.10%

Summary

Current Value
As of today, TME annual cost of goods sold is $2.28B, down -10.10% on
Historical Performance
TME annual cost of goods sold is down -32.53% over the past 3 years, and down -5.95% over the past 5 years
All-Time High Comparison
TME annual cost of goods sold is currently -32.53% below its historical high of $3.38B set on
3-Year Low Comparison
TME annual cost of goods sold is at its 3-year low
Sector Comparison
TME annual cost of goods sold is higher than 78.52% of companies in Communication Services sector

Cost Of Goods Sold Chart

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Series
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Performance

TME Performance
MetricDateValue1Y3Y5Y15Y
Annual Cost Of Goods Sold$2.28B-10.1%-32.5%-6.0%+385.6%
Quarterly Cost Of Goods Sold$667.98M+19.0%-7.7%-9.7%+222.7%
TTM Cost Of Goods Sold$2.45B+7.7%-19.7%-9.6%+1085.8%
Price$17.35+58.9%+99.4%-17.6%
Annual Total Expenses$2.93B-8.9%-32.7%-5.2%+357.6%
Annual Operating Expenses$651.67M-4.4%-33.1%-2.4%+280.9%
Annual Gross Profit$1.68B+21.0%+15.1%+33.5%+805.6%
Annual Revenue$3.95B+0.8%-18.5%+7.2%+501.2%

Cost Of Goods Sold Highs

TME Annual Cost Of Goods Sold Highs Comparison
PeriodHighDateCurrent
3Y$2.91BN/A-21.6%
5Y$3.38B-32.5%
All$3.38B-32.5%

Cost Of Goods Sold Lows

TME Annual Cost Of Goods Sold Lows Comparison
PeriodLowDateCurrent
3Y$2.28Bat low
5Y$2.28Bat low
All$470.00M+385.6%

Cost Of Goods Sold History

YearValueChange
$2.28B-10.1%
$2.54B-12.8%
$2.91B-13.9%
$3.38B+17.6%
$2.88B+18.5%
YearValueChange
$2.43B+37.0%
$1.77B+66.6%
$1.06B+126.2%
$470.00M-

FAQ

  • What is the current annual cost of goods sold of TME?

    As of today, TME annual cost of goods sold is $2.28B

  • What is 1-year change in TME annual cost of goods sold?

    TME annual cost of goods sold is down -10.10% year-over-year

  • What is 3-year change in TME annual cost of goods sold?

    TME annual cost of goods sold is down -32.53% over the past 3 years

  • How far is TME annual cost of goods sold from its all-time high?

    TME annual cost of goods sold is currently -32.53% below its historical high of $3.38B set on December 31, 2021

  • How does TME annual cost of goods sold rank versus sector peers?

    TME annual cost of goods sold is higher than 78.52% of companies in Communication Services sector

  • When is TME next annual earnings release?

    The next annual earnings release for TME is on

Cost Of Goods Sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

Data Sources & References

  1. TME Official Website www.tencentmusic.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1744676/000095010325014559/0000950103-25-014559-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1744676/000095017025056949/0000950170-25-056949-index.htm
  4. TME Profile on Yahoo Finance finance.yahoo.com/quote/TME
  5. TME Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/tme