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Tencent Music Entertainment Group - ADR
Previous close
€12.60
Day range
€12.50 - €12.80
Year range
€8.40 - €14.70
Market cap
22.41B USD
Avg Volume
768.00
P/E ratio
-
Dividend yield
-
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
| (CNY) | Dec 2024info | Y/Y change |
|---|---|---|
Revenue | 7.46B | 8.20% |
Operating expense | 1.10B | -8.99% |
Net income | 1.96B | 49.85% |
Net profit margin | 26.24 | 38.47% |
Earnings per share | 1.47 | 47.00% |
EBITDA | 2.33B | 44.76% |
Effective tax rate | 16.93% | — |
Balance Sheet
Total assets
Total liabilities
| (CNY) | Dec 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 27.21B | 15.58% |
Total assets | 90.44B | 19.74% |
Total liabilities | 20.72B | 13.00% |
Total equity | 69.73B | — |
Shares outstanding | 1.54B | — |
Price to book | 0.29 | — |
Return on assets | 6.14% | — |
Return on capital | 7.42% | — |
Cash Flow
Net change in cash
| (CNY) | Dec 2024info | Y/Y change |
|---|---|---|
Net income | 1.96B | 49.85% |
Cash from operations | 2.48B | 25.44% |
Cash from investing | 1.32B | 786.01% |
Cash from financing | -815.00M | -41.49% |
Net change in cash | 2.96B | 149.16% |
Free cash flow | -883.25M | -198.03% |
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
