TMENYSERadio Broadcasting StationsFiscal year ends December 31Also trades as TCMEF
Tencent Music Entertainment Group
Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 20-F on Apr 17, 2026
$8.67+0.04 (+0.46%)
Close on Oct 19, 2026
Tencent Music Entertainment statistics
Financials through Dec 31, 2024, price-based ratios appear once a share price is available
Valuation
| Market Cap | CN¥91.32B |
|---|---|
| Enterprise Value | CN¥80.02B |
| PS Ratio | 3.22 |
| PB Ratio | 1.35 |
| P/TBV Ratio | 1.98 |
| P/FCF Ratio | 9.17 |
| P/OCF Ratio | 8.89 |
Enterprise value
| EV / Sales | 2.82 |
|---|---|
| EV / EBITDA | 8.26 |
| EV / EBIT | 9.19 |
| EV / FCF | 8.04 |
Income (trailing twelve months)
| Revenue | CN¥28.40B |
|---|---|
| Gross Profit | CN¥12.03B |
| Operating Income | CN¥8.71B |
| Pretax Income | CN¥8.71B |
| Net Income | CN¥6.64B |
| EBITDA | CN¥9.69B |
Margins
| Gross Margin | 42.3% |
|---|---|
| Operating Margin | 30.7% |
| Pretax Margin | 30.7% |
| Profit Margin | 23.4% |
| EBITDA Margin | 34.1% |
| FCF Margin | 35.1% |
Returns
| Return on Equity (ROE) | 9.79% |
|---|---|
| Return on Assets (ROA) | 7.35% |
| Return on Invested Capital (ROIC) | 13.0% |
| Return on Capital Employed (ROCE) | 11.8% |
Growth
| Revenue Growth (YoY) | 2.34% |
|---|---|
| Net Income Growth (YoY) | 35.0% |
| FCF Growth (YoY) | 38.8% |
| Revenue Growth (3Y CAGR) | -3.13% |
| Revenue Growth (5Y CAGR) | 2.23% |
Balance sheet
| Cash & Short-Term Investments | CN¥13.16B |
|---|---|
| Net Cash (Debt) | CN¥13.16B |
| Net Cash Per Share | 4.18 CNY |
| Equity (Book Value) | CN¥67.86B |
| Book Value Per Share | 21.56 CNY |
| Tangible Book Value | CN¥46.17B |
| Working Capital | CN¥17.99B |
Financial position
| Current Ratio | 2.09 |
|---|---|
| Quick Ratio | 1.01 |
| Interest Coverage | 92.66 |
Cash flow (trailing twelve months)
| Operating Cash Flow | CN¥10.28B |
|---|---|
| Capital Expenditures | -CN¥319.00M |
| Free Cash Flow | CN¥9.96B |
| FCF Per Share | 3.16 CNY |
Efficiency
| Asset Turnover | 0.31 |
|---|---|
| Inventory Turnover | 712.00 |
| Revenue Per Employee | CN¥284.01K |
| Profits Per Employee | CN¥66.44K |
| Employee Count | 100,000 |
Dividends and yields
| Earnings Yield | 7.28% |
|---|---|
| FCF Yield | 10.9% |
| Buyback Yield | 2.11% |
| Shareholder Yield | 2.11% |
| Payout Ratio | 22.7% |
| FCF Payout Ratio | 15.1% |
Shares
| Shares Outstanding | 3,147,810,000 |
|---|---|
| Shares Change (YoY) | -1.18% |
| Float | 1,323,420,000 |
| Shares Held by Insiders | 58.0% |
| Shares Held by Institutions | 13.7% |
Taxes
| Income Tax | CN¥1.60B |
|---|---|
| Effective Tax Rate | 18.4% |
Scores
| Altman Z-Score | 3.83 |
|---|---|
| Piotroski F-Score | 7 |
Calculated by StockData from Tencent Music Entertainment's SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.