Tencent Music Entertainment Group company logo
Tencent Music Entertainment Group logo

TME Operating Expenses

Annual Operating Expenses

$651.67M$30.16M-4.42%

Summary

Current Value
As of today, TME annual operating expenses is $651.67M, down -4.42% on
Historical Performance
TME annual operating expenses is down -33.15% over the past 3 years, and down -2.40% over the past 5 years
All-Time High Comparison
TME annual operating expenses is currently -33.15% below its historical high of $974.81M set on
3-Year Low Comparison
TME annual operating expenses is at its 3-year low
Sector Comparison
TME annual operating expenses is higher than 67.72% of companies in Communication Services sector

Operating Expenses Chart

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Performance

TME Performance
MetricDateValue1Y3Y5Y15Y
Annual Operating Expenses$651.67M-4.4%-33.1%-2.4%+280.9%
Quarterly Operating Expenses$183.17M+7.8%-12.7%-11.5%+176.7%
Price$17.35+58.9%+99.4%-17.6%
Annual Total Expenses$2.93B-8.9%-32.7%-5.2%+357.6%
Annual Cost Of Goods Sold$2.28B-10.1%-32.5%-6.0%+385.6%
Annual Gross Profit$1.68B+21.0%+15.1%+33.5%+805.6%
Annual Net Income$987.80M+34.1%+98.2%+71.6%+7620.6%
Annual Revenue$3.95B+0.8%-18.5%+7.2%+501.2%

Operating Expenses Highs

TME Annual Operating Expenses Highs Comparison
PeriodHighDateCurrent
3Y$780.25MN/A-16.5%
5Y$974.81M-33.1%
All$974.81M-33.1%

Operating Expenses Lows

TME Annual Operating Expenses Lows Comparison
PeriodLowDateCurrent
3Y$651.67Mat low
5Y$651.67Mat low
All$171.09M+280.9%

Operating Expenses History

YearValueChange
$651.67M-4.4%
$681.83M-12.6%
$780.25M-20.0%
$974.81M+26.2%
$772.48M+15.7%
YearValueChange
$667.69M+12.6%
$592.98M+66.4%
$356.34M+108.3%
$171.09M-

FAQ

  • What is the current annual operating expenses of TME?

    As of today, TME annual operating expenses is $651.67M

  • What is 1-year change in TME annual operating expenses?

    TME annual operating expenses is down -4.42% year-over-year

  • What is 3-year change in TME annual operating expenses?

    TME annual operating expenses is down -33.15% over the past 3 years

  • How far is TME annual operating expenses from its all-time high?

    TME annual operating expenses is currently -33.15% below its historical high of $974.81M set on December 31, 2021

  • How does TME annual operating expenses rank versus sector peers?

    TME annual operating expenses is higher than 67.72% of companies in Communication Services sector

  • When is TME next annual earnings release?

    The next annual earnings release for TME is on

Operating Expenses Formula

Operating Expenses = + R&D Expenses + + Other Operating Expenses

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