tencent music entertainment group - TME

TME

Close Chg Chg %
9.26 -0.01 -0.11%

Closed Market

9.25

-0.01 (0.11%)

Volume: 6.95M

Last Updated:

May 8, 2026, 3:59 PM EDT

Company Overview: tencent music entertainment group - TME

TME Key Data

Open

$9.40

Day Range

9.24 - 9.50

52 Week Range

8.78 - 26.70

Market Cap

$5.55B

Shares Outstanding

598.30M

Public Float

593.17M

Beta

0.78

Rev. Per Employee

N/A

P/E Ratio

9.24

EPS

$1.02

Yield

251.13%

Dividend

$0.23

EX-DIVIDEND DATE

Apr 2, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

8.11M

 

TME Performance

1 Week
 
1.54%
 
1 Month
 
-1.28%
 
3 Months
 
-41.70%
 
1 Year
 
-34.38%
 
5 Years
 
-39.25%
 

TME Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 35
Full Ratings ➔

About tencent music entertainment group - TME

Tencent Music Entertainment Group engages in the business of operating online music entertainment platforms to provide music streaming, online karaoke, and live streaming services. Its product brands include QQ Music, Kugou Music, Kuwo Music, and WeSing. The company was founded on June 6, 2012 and is headquartered in Shenzhen, China.

TME At a Glance

Tencent Music Entertainment Group
Kexing Science Park, Hi-Tech Park
Shenzhen, Guangdong 518057
Phone 86-755-8601-3388 Revenue 4.58B
Industry Internet Software/Services Net Income 1.54B
Sector Technology Services 2025 Sales Growth 15.983%
Fiscal Year-end 12 / 2026 Employees 5,690
View SEC Filings

TME Valuation

P/E Current 9.243
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 17.479
Price to Sales Ratio 5.953
Price to Book Ratio 2.183
Price to Cash Flow Ratio 18.75
Enterprise Value to EBITDA 16.069
Enterprise Value to Sales 5.398
Total Debt to Enterprise Value 0.022

TME Efficiency

Revenue/Employee 804,405.243
Income Per Employee 270,302.85
Receivables Turnover 6.502
Total Asset Turnover 0.338

TME Liquidity

Current Ratio 2.228
Quick Ratio 2.226
Cash Ratio 1.645

TME Profitability

Gross Margin 43.392
Operating Margin 29.415
Pretax Margin 40.226
Net Margin 33.603
Return on Assets 11.36
Return on Equity 14.798
Return on Total Capital 12.78
Return on Invested Capital 14.088

TME Capital Structure

Total Debt to Total Equity 4.749
Total Debt to Total Capital 4.534
Total Debt to Total Assets 3.717
Long-Term Debt to Equity 4.605
Long-Term Debt to Total Capital 4.396
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Tencent Music Entertainment Group - TME

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
4.21B 3.92B 3.95B 4.58B
Sales Growth
-13.13% -6.93% +0.75% +15.98%
Cost of Goods Sold (COGS) incl D&A
2.94B 2.57B 2.31B 2.59B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
172.27M 141.71M 135.89M 191.28M
Depreciation
35.05M 31.47M 24.87M 21.84M
Amortization of Intangibles
137.22M 110.23M 111.02M 169.44M
COGS Growth
-14.04% -12.67% -10.13% +12.20%
Gross Income
1.27B 1.35B 1.64B 1.99B
Gross Income Growth
-10.93% +6.41% +21.49% +21.32%
Gross Profit Margin
+30.09% +34.40% +41.48% +43.39%
2022 2023 2024 2025 5-year trend
SG&A Expense
788.72M 673.25M 615.97M 639.78M
Research & Development
383.15M 356.39M 316.81M 322.32M
Other SG&A
405.57M 316.87M 299.16M 317.45M
SGA Growth
-21.16% -14.64% -8.51% +3.87%
Other Operating Expense
- - - -
-
Unusual Expense
(3.86M) 3.25M 7.23M 4.59M
EBIT after Unusual Expense
481.46M 670.99M 1.01B 1.34B
Non Operating Income/Expense
179.40M 181.79M 200.51M 516.38M
Non-Operating Interest Income
105.59M 148.48M 166.18M 146.62M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
17.08M 17.50M 17.23M 16.97M
Interest Expense Growth
-8.21% +2.48% -1.55% -1.50%
Gross Interest Expense
17.08M 17.50M 17.23M 16.97M
Interest Capitalized
- - - -
-
Pretax Income
643.78M 835.28M 1.20B 1.84B
Pretax Income Growth
+12.86% +29.75% +43.33% +53.79%
Pretax Margin
+15.30% +21.32% +30.34% +40.23%
Income Tax
79.30M 116.44M 222.74M 267.65M
Income Tax - Current - Domestic
89.70M 114.89M 231.77M 273.91M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(10.40M) 1.55M (9.03M) (6.26M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
570.12M 736.76M 987.80M 1.58B
Minority Interest Expense
24.06M 42.34M 64.61M 41.32M
Net Income
546.06M 694.42M 923.19M 1.54B
Net Income Growth
+16.27% +27.17% +32.94% +66.60%
Net Margin Growth
+12.98% +17.73% +23.39% +33.60%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
546.06M 694.42M 923.19M 1.54B
Preferred Dividends
- - - -
-
Net Income Available to Common
546.06M 694.42M 923.19M 1.54B
EPS (Basic)
0.3409 0.4449 0.5986 1.0029
EPS (Basic) Growth
+20.54% +30.51% +34.55% +67.54%
Basic Shares Outstanding
1.60B 1.56B 1.54B 1.53B
EPS (Diluted)
0.3376 0.4383 0.5897 0.9895
EPS (Diluted) Growth
+20.87% +29.83% +34.54% +67.80%
Diluted Shares Outstanding
1.62B 1.58B 1.57B 1.55B
EBITDA
649.86M 815.95M 1.16B 1.54B
EBITDA Growth
+12.73% +25.56% +41.80% +32.89%
EBITDA Margin
+15.44% +20.83% +29.32% +33.59%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 109.598
Number of Ratings 35 Current Quarters Estimate 1.63
FY Report Date 06 / 2026 Current Year's Estimate 6.123
Last Quarter’s Earnings 1.43 Median PE on CY Estimate N/A
Year Ago Earnings 7.11 Next Fiscal Year Estimate 6.776
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 9 9 26 26
Mean Estimate 1.63 1.56 6.12 6.78
High Estimates 1.76 1.67 6.72 7.54
Low Estimate 1.52 1.44 5.45 6.12
Coefficient of Variance 5.57 5.87 5.04 4.71

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 22 22 26
OVERWEIGHT 4 4 4
HOLD 9 9 5
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Buy

Tencent Music Entertainment Group in the News