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Tencent Music Entertainment Group
Previous close
$98.85
Day range
$97.45 - $99.60
Year range
$36.25 - $104.00
Market cap
340.47B HKD
Avg Volume
1.14M
P/E ratio
27.63
Dividend yield
0.71%
Primary exchange
HKG
In the news
Financials
Income Statement
Revenue
Net income
| (CNY) | Jun 2025info | Y/Y change |
|---|---|---|
Revenue | 8.44B | 17.91% |
Operating expense | 1.02B | -8.15% |
Net income | 2.41B | 43.22% |
Net profit margin | 28.54 | 21.50% |
Earnings per share | 0.91 | -23.84% |
EBITDA | 2.90B | 39.98% |
Effective tax rate | 17.27% | — |
Balance Sheet
Total assets
Total liabilities
| (CNY) | Jun 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 22.20B | -9.58% |
Total assets | 107.87B | 30.91% |
Total liabilities | 21.50B | 10.10% |
Total equity | 86.38B | — |
Shares outstanding | 1.53B | — |
Price to book | 1.80 | — |
Return on assets | 6.61% | — |
Return on capital | 7.94% | — |
Cash Flow
Net change in cash
| (CNY) | Jun 2025info | Y/Y change |
|---|---|---|
Net income | 2.41B | 43.22% |
Cash from operations | 1.64B | -44.36% |
Cash from investing | -633.00M | -191.34% |
Cash from financing | -2.06B | -27.62% |
Net change in cash | -1.02B | -150.32% |
Free cash flow | 664.00M | -66.52% |
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
