tencent music entertainment group - TME

TME

Close Chg Chg %
14.74 -0.36 -2.41%

Closed Market

14.38

-0.36 (2.41%)

Volume: 4.53M

Last Updated:

Mar 28, 2025, 3:59 PM EDT

Company Overview: tencent music entertainment group - TME

TME Key Data

Open

$14.60

Day Range

14.25 - 14.62

52 Week Range

9.41 - 15.77

Market Cap

$10.31B

Shares Outstanding

699.71M

Public Float

693.71M

Beta

0.69

Rev. Per Employee

N/A

P/E Ratio

24.06

EPS

$0.60

Yield

92.29%

Dividend

$0.17

EX-DIVIDEND DATE

Apr 3, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

9.15M

 

TME Performance

1 Week
 
5.29%
 
1 Month
 
20.92%
 
3 Months
 
25.77%
 
1 Year
 
31.72%
 
5 Years
 
55.65%
 

TME Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 34
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 3.95B
Industry Internet Software/Services Net Income 923.19M
Sector Technology Services 2024 Sales Growth 0.749%
Fiscal Year-end 12 / 2025 Employees N/A
View SEC Filings

TME Valuation

P/E Current 23.806
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 18.961
Price to Sales Ratio 4.502
Price to Book Ratio N/A
Price to Cash Flow Ratio 12.445
Enterprise Value to EBITDA N/A
Enterprise Value to Sales 3.832
Total Debt to Enterprise Value 0.055

TME Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 8.211
Total Asset Turnover 0.342

TME Liquidity

Current Ratio 2.087
Quick Ratio 2.086
Cash Ratio 1.645

TME Profitability

Gross Margin 43.889
Operating Margin 25.876
Pretax Margin 30.337
Net Margin 23.394
Return on Assets 8.01
Return on Equity 10.747
Return on Total Capital 9.117
Return on Invested Capital 9.961

TME Capital Structure

Total Debt to Total Equity 8.916
Total Debt to Total Capital 8.187
Total Debt to Total Assets 6.69
Long-Term Debt to Equity 5.586
Long-Term Debt to Total Capital 5.129
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Tencent Music Entertainment Group - TME

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
4.84B 4.21B 3.92B 3.95B
Sales Growth
+14.70% -13.13% -6.93% +0.75%
Cost of Goods Sold (COGS) incl D&A
3.42B 2.94B 2.57B 2.21B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
- 155.21M 172.27M 141.71M
Depreciation
- 34.42M 35.05M 31.47M
Amortization of Intangibles
120.79M 137.22M 110.23M 61.14M
COGS Growth
+17.65% -14.04% -12.67% -13.82%
Gross Income
1.42B 1.27B 1.35B 1.73B
Gross Income Growth
+8.17% -10.93% +6.41% +28.54%
Gross Profit Margin
+29.35% +30.09% +34.40% +43.89%
2021 2022 2023 2024 5-year trend
SG&A Expense
1.00B 788.72M 673.25M 649.73M
Research & Development
- 362.67M 383.15M 356.39M
Other SG&A
637.74M 405.57M 316.87M 649.73M
SGA Growth
+29.16% -21.16% -14.64% -3.49%
Other Operating Expense
- - - 61.14M
-
Unusual Expense
- (16.28M) (3.86M) 3.25M
EBIT after Unusual Expense
437.56M 481.46M 670.99M 1.02B
Non Operating Income/Expense
151.49M 179.40M 181.79M 189.11M
Non-Operating Interest Income
82.18M 105.59M 148.48M 166.18M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
18.61M 17.08M 17.50M 13.06M
Interest Expense Growth
+29.72% -8.21% +2.48% -25.37%
Gross Interest Expense
18.61M 17.08M 17.50M 13.06M
Interest Capitalized
- - - -
-
Pretax Income
570.44M 643.78M 835.28M 1.20B
Pretax Income Growth
-14.65% +12.86% +29.75% +43.33%
Pretax Margin
+11.78% +15.30% +21.32% +30.34%
Income Tax
64.66M 79.30M 116.44M 222.74M
Income Tax - Current - Domestic
- 82.18M 89.70M 114.89M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- (17.52M) (10.40M) 1.55M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
498.50M 570.12M 736.76M 987.80M
Minority Interest Expense
28.84M 24.06M 42.34M 64.61M
Net Income
469.66M 546.06M 694.42M 923.19M
Net Income Growth
-21.98% +16.27% +27.17% +32.94%
Net Margin Growth
+9.69% +12.98% +17.73% +23.39%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
469.66M 546.06M 694.42M 923.19M
Preferred Dividends
- - - -
-
Net Income Available to Common
469.66M 546.06M 694.42M 923.19M
EPS (Basic)
0.2828 0.3409 0.4449 0.5986
EPS (Basic) Growth
-22.16% +20.54% +30.51% +34.55%
Basic Shares Outstanding
1.66B 1.60B 1.56B 1.54B
EPS (Diluted)
0.2793 0.3376 0.4383 0.5897
EPS (Diluted) Growth
-22.05% +20.87% +29.83% +34.54%
Diluted Shares Outstanding
1.68B 1.62B 1.58B 1.57B
EBITDA
- 576.49M 649.86M 815.95M
EBITDA Growth
- -12.36% +12.73% +25.56%
EBITDA Margin
- +11.90% +15.44% +20.83%

Snapshot

Average Recommendation BUY Average Target Price 118.447
Number of Ratings 34 Current Quarters Estimate 1.265
FY Report Date 03 / 2025 Current Year's Estimate 5.202
Last Quarter’s Earnings 1.26 Median PE on CY Estimate N/A
Year Ago Earnings 4.24 Next Fiscal Year Estimate 6.038
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 14 11 28 27
Mean Estimate 1.26 1.35 5.20 6.04
High Estimates 1.37 1.45 5.92 6.70
Low Estimate 1.14 1.24 4.44 5.21
Coefficient of Variance 6.15 5.59 6.47 7.05

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 24 23 22
OVERWEIGHT 8 9 9
HOLD 2 3 4
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Tencent Music Entertainment Group in the News