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Tencent Music Entertainment Group
Previous close
$71.00
Day range
$70.90 - $71.40
Year range
$39.80 - $104.00
Market cap
220.87B HKD
Avg Volume
1.46M
P/E ratio
18.67
Dividend yield
0.98%
Primary exchange
HKG
In the news
Financials
Income Statement
Revenue
Net income
| (CNY) | Sep 2025info | Y/Y change |
|---|---|---|
Revenue | 8.46B | 20.64% |
Operating expense | 1.22B | 6.20% |
Net income | 2.15B | 36.01% |
Net profit margin | 25.44 | 12.72% |
Earnings per share | 0.84 | -27.53% |
EBITDA | 2.64B | 30.58% |
Effective tax rate | 17.74% | — |
Balance Sheet
Total assets
Total liabilities
| (CNY) | Sep 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 22.32B | -21.86% |
Total assets | 104.87B | 23.94% |
Total liabilities | 19.43B | 0.25% |
Total equity | 85.43B | — |
Shares outstanding | 1.54B | — |
Price to book | 1.32 | — |
Return on assets | 5.79% | — |
Return on capital | 6.86% | — |
Cash Flow
Net change in cash
| (CNY) | Sep 2025info | Y/Y change |
|---|---|---|
Net income | 2.15B | 36.01% |
Cash from operations | 3.68B | 70.12% |
Cash from investing | -1.24B | 62.72% |
Cash from financing | -2.12B | -140.59% |
Net change in cash | 256.00M | 112.54% |
Free cash flow | 667.62M | -56.55% |
About
Tencent Music Entertainment Group is a company that develops music streaming services for the Chinese market. Tencent Music's apps include QQ Music, KuGou, Kuwo, and WeSing; which have more than 800 million active users and 120 million paying subscribers. As of July 2016, Tencent Music's three services held an estimated 56% market share of music streaming services in China.
In the first quarter of 2021, Tencent Music announced it had 60.9 million paying users, up 42.6% compared to the 42.7 million paying users in the first quarter of 2020. In addition, the total number of music streaming users was announced to be 615 million, a drop of 6.4% compared to the first quarter of 2020. Wikipedia
Founded
Jul 2016
Headquarters
Website
Employees
5,353