Cost of Goods Sold (Annual)

Cost of Goods Sold: The difference between beginning and ending inventories for tangible products, resulting in an expense that reflects production and sales costs.

Tencent Music Entertainment Group Sponsored ADR (TME) had Cost of Goods Sold of $2.54B for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$3.92B
Net Income	$695.20M
Cost of Goods Sold	$2.54B
Gross Profit	$1.38B
Operating Expenses	$3.25B
Operating Income	$674.99M
Non-Operating Income/Expense	$179.17M
Pre-Tax Income	$854.16M
Normalized Pre-Tax Income	$854.16M
Income after Taxes	$737.59M
Income from Continuous Operations	$737.59M
Consolidated Net Income/Loss	$737.59M
Normalized Income after Taxes	$737.59M
EBIT	$674.99M
EBITDA	$816.86M
Weighted-Average Shares Outstanding (Basic)	1.56B
Weighted-Average Shares Outstanding (Diluted)	1.58B
Earnings per Share (EPS) (Basic)	$0.45
Earnings per Share (EPS) (Diluted)	$0.44
Balance Sheet Financials
Current Assets	$4.23B
Property, Plant, and Equipment	$69.24M
Long-Term Assets	$6.44B
Total Assets	$10.67B
Current Liabilities	$1.70B
Long-Term Debt	$796.37M
Long-Term Liabilities	$893.02M
Total Liabilities	$2.59B
Common Equity	$8.08B
Tangible Shareholders Equity	$4.69B
Shareholders Equity	$8.08B
Common Shares Outstanding	1.72B
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.04B
Cash Flow from Investing Activities	$-263.24M
Cash Flow from Financial Activities	$-217.32M
Beginning Cash	$1.35B
End Cash	$1.92B
Increase/Decrease in Cash	$566.90M
Stock-Based Compensation	$91.70M
Common Stock Dividends Paid	$-5.93M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.49
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.09
Debt to Equity Ratio	0.10
Gross Margin	35.29%
Operating Margin	17.21%
EBIT Margin	17.21%
EBITDA Margin	20.83%
Pre-Tax Profit Margin	21.78%
Profit Margin	17.73%
Free Cash Flow	$1.01B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.37
Inventory Turnover	2244.62
Receiveable Turnover	9.51
Days Sales in Receivables	38.38
Return on Equity	9.13%
Return on Tangible Equity	15.73%
Return on Assets	6.91%
Return on Investments	8.31%
Book Value Per Share	$4.71
Free Cash Flow per Share	$0.64
Operating Cash Flow per Share	$0.65

Data from Zacks Investment Research, Inc.