tencent music entertainment group - TME

TME

Close Chg Chg %
9.73 -0.27 -2.72%

Open Market

9.46

-0.27 (2.72%)

Volume: 7.20M

Last Updated:

Mar 26, 2026, 1:37 PM EDT

Company Overview: tencent music entertainment group - TME

TME Key Data

Open

$9.54

Day Range

9.36 - 9.65

52 Week Range

9.53 - 26.70

Market Cap

$5.61B

Shares Outstanding

576.16M

Public Float

575.87M

Beta

0.54

Rev. Per Employee

N/A

P/E Ratio

9.70

EPS

$1.00

Yield

179.45%

Dividend

$0.23

EX-DIVIDEND DATE

Apr 2, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

12.94M

 

TME Performance

1 Week
 
-3.57%
 
1 Month
 
-33.36%
 
3 Months
 
-44.78%
 
1 Year
 
-32.34%
 
5 Years
 
-51.59%
 

TME Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 33
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 N/A
View SEC Filings

TME Valuation

P/E Current 9.702
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 N/A
Price to Cash Flow Ratio 19.15
Enterprise Value to EBITDA N/A
Enterprise Value to Sales 5.398
Total Debt to Enterprise Value 0.022

TME Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 8.195
Total Asset Turnover 0.338

TME Liquidity

Current Ratio 2.225
Quick Ratio 2.222
Cash Ratio 1.668

TME Profitability

Gross Margin 56.997
Operating Margin 41.061
Pretax Margin 40.226
Net Margin 33.603
Return on Assets 11.363
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 3.719
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 1.97B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
- 172.27M 141.71M 135.89M
Depreciation
- 35.05M 31.47M 24.87M
Amortization of Intangibles
137.22M 110.23M 111.02M 53.70M
COGS Growth
-14.04% -12.67% -10.13% -14.76%
Gross Income
1.27B 1.35B 1.64B 2.61B
Gross Income Growth
-10.93% +6.41% +21.49% +59.35%
Gross Profit Margin
+30.09% +34.40% +41.48% +57.00%
2022 2023 2024 2025 5-year trend
SG&A Expense
788.72M 673.25M 615.97M 675.67M
Research & Development
- 383.15M 356.39M 316.81M
Other SG&A
405.57M 316.87M 299.16M 675.67M
SGA Growth
-21.16% -14.64% -8.51% +9.69%
Other Operating Expense
- - - 53.70M
-
Unusual Expense
- (3.86M) 3.25M 7.23M
EBIT after Unusual Expense
481.46M 670.99M 1.01B 1.88B
Non Operating Income/Expense
179.40M 181.79M 200.51M 512.77M
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 17.95M
Interest Expense Growth
-8.21% +2.48% -1.55% +4.15%
Gross Interest Expense
17.08M 17.50M 17.23M 17.95M
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
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- (10.40M) 1.55M (9.03M)
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
EBITDA Growth
- +12.73% +25.56% +41.80%
EBITDA Margin
- +15.44% +20.83% +29.32%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 113.651
Number of Ratings 33 Current Quarters Estimate 1.361
FY Report Date 03 / 2026 Current Year's Estimate 6.12
Last Quarter’s Earnings 1.41 Median PE on CY Estimate N/A
Year Ago Earnings 7.11 Next Fiscal Year Estimate 6.769
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 12 9 24 24
Mean Estimate 1.36 1.63 6.12 6.77
High Estimates 1.49 1.76 6.72 7.54
Low Estimate 1.20 1.52 5.45 6.12
Coefficient of Variance 8.00 5.57 5.24 4.89

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 20 26 24
OVERWEIGHT 4 4 6
HOLD 9 5 5
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Buy Buy

Tencent Music Entertainment Group in the News