Tencent Music Entertainment Group Cost of Goods Sold 2018-2023 | TME
Tencent Music Entertainment Group annual/quarterly cost of goods sold history and growth rate from 2018 to 2023. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- Tencent Music Entertainment Group cost of goods sold for the quarter ending September 30, 2023 was $0.579B, a 17.05% decline year-over-year.
- Tencent Music Entertainment Group cost of goods sold for the twelve months ending September 30, 2023 was $2.654B, a 12.34% decline year-over-year.
- Tencent Music Entertainment Group annual cost of goods sold for 2023 was $2.529B, a 13.02% decline from 2022.
- Tencent Music Entertainment Group annual cost of goods sold for 2022 was $2.908B, a 14.11% decline from 2021.
- Tencent Music Entertainment Group annual cost of goods sold for 2021 was $3.385B, a 17.69% increase from 2020.
Tencent Music Entertainment Group Annual Cost of Goods Sold
(Millions of US $) |
| 2023 |
$2,529 |
| 2022 |
$2,908 |
| 2021 |
$3,385 |
| 2020 |
$2,876 |
| 2019 |
$2,425 |
| 2018 |
$1,769 |
| 2017 |
$1,061 |
Tencent Music Entertainment Group Quarterly Cost of Goods Sold
(Millions of US $) |
| 2023-09-30 |
$579 |
| 2023-06-30 |
$660 |
| 2023-03-31 |
$683 |
| 2022-12-31 |
$732 |
| 2022-09-30 |
$698 |
| 2022-06-30 |
$723 |
| 2022-03-31 |
$755 |
| 2021-12-31 |
$851 |
| 2021-09-30 |
$853 |
| 2021-06-30 |
$863 |
| 2021-03-31 |
$818 |
| 2020-12-31 |
$836 |
| 2020-09-30 |
$754 |
| 2020-06-30 |
$674 |
| 2020-03-31 |
$612 |
| 2019-12-31 |
$696 |
| 2019-09-30 |
$601 |
| 2019-06-30 |
$576 |
| 2019-03-31 |
$552 |
| 2018-12-31 |
|
| 2018-09-30 |
|
| 2017-12-31 |
|
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Internet Content |
$19.495B |
$3.909B |
|
Tencent Music Entertainment Group provides an online music entertainment platform primarily in China. The Company offers online music, recording, and music-centric live streaming services. Tencent Music Entertainment Group is based in Shenzhen, China.
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