Tencent Music Entertainment Group

Tencent Music Entertainment Group

63T · F · Communication Services / Internet Content & Information

3.93EUR-0.10 (-2.39%)

Price History

Full chart

Market Stats

Previous Close4.02
Open3.93
Day Range3.93 – 3.93
52-Week Range3.24 – 9.83
Volume0
Market Cap11.12B
P/E (TTM)8.98
Forward P/E7.83
EPS0.38
Dividend Yield2.95%
Beta0.82
50-Day Avg3.67
200-Day Avg4.67

About

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group operates as a subsidiary of Tencent Holdings Limited.

Company Details

  • SectorCommunication Services
  • IndustryInternet Content & Information
  • CEOMr. Zhu Liang
  • Employees5.69K
  • HeadquartersBuilding D, Shenzhen, China, 518057, Germany
  • Websitehttps://www.tencentmusic.com

Leadership

  • Mr. Kar Shun PangExecutive Chairman · b. 1974
  • Mr. Zhu LiangCEO & Director · b. 1976
  • Ms. Min HuCFO & Director · b. 1972
  • Ms. T. MillicentHead of IR
  • Mr. Brent Richard IrvinCorporate VP, General Counsel & Director · b. 1973

Financials

Income Statement

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue31.24B28.34B27.75B28.40B32.90B
Growth (%)--9.30%-2.07%+2.34%+15.85%
Cost of Revenue21.84B19.57B17.96B16.38B18.37B
Gross Profit9.40B8.77B9.79B12.03B14.54B
Gross Margin30.10%30.96%35.29%42.34%44.18%
Operating Expense6.29B5.24B4.82B4.59B4.80B
Operating Income3.11B3.53B4.97B7.44B9.74B
Operating Margin9.95%12.46%17.92%26.19%29.59%
EBITDA-5.65B7.17B9.81B14.77B
EBITDA Margin-19.93%25.85%34.56%44.90%
Net Income3.03B3.68B4.92B6.64B11.06B
Net Income Margin9.69%12.98%17.73%23.39%33.60%
R&D--2.52B2.28B2.32B
R&D as % of Total Revenue--9.10%8.03%7.04%
Interest Expense120.00M115.00M124.00M124.00M122.00M
Interest Expense % of Total Revenue0.38%0.41%0.45%0.44%0.37%

Balance Sheet

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets67.25B67.01B75.54B90.44B102.52B
Total Liabilities16.20B17.88B18.33B20.72B19.47B
Total Equity50.32B48.10B55.91B67.86B80.29B
Cash6.59B9.55B13.57B13.16B8.47B

Cash Flow

Currency: CNY2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow5.24B7.48B7.34B10.28B10.23B
Financing Cash Flow-3.71B-3.42B-1.54B-3.83B-4.65B
Capital Expenditure2.76B1.05B1.16B1.03B1.19B
Free Cash Flow2.48B6.43B6.17B9.24B9.04B
Dividends Paid0001.51B1.98B
FCF to OCF47.36%85.92%84.14%89.96%88.39%
Dividend Paid to FCF0.00%0.00%0.00%16.32%21.91%

Key Statistics & Ratios

Market Cap11.12B
Enterprise Value9.81B
Trailing P/E8.98
Forward P/E7.83
PEG Ratio1.91
Price / Sales0.33
Price / Book1.10
EPS0.38
Book Value3.10
Revenue (TTM)33.93B
Gross Profit (TTM)15.04B
EBITDA11.28B
Profit Margin26.28%
Operating Margin29.18%
Return on Equity10.97%
Return on Assets5.60%
Shares Outstanding1.59B
Shares Float1.30B
Beta0.82
Dividend Yield2.95%
Dividend Rate0.10
Payout Ratio29.00%

Dividends

20261×
0.10Apr 1, 2026
20251×
0.08Apr 2, 2025
20241×
0.06May 30, 2024