TMENYSERadio Broadcasting StationsFiscal year ends December 31Also trades as TCMEF
Tencent Music Entertainment Group
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 17, 2026
$8.67+0.04 (+0.46%)
Close on Oct 19, 2026
Tencent Music Entertainment statistics
Financials through Jun 30, 2026, price-based ratios appear once a share price is available
Valuation
| Market Cap | CN¥91.32B |
|---|---|
| Enterprise Value | CN¥83.56B |
| PS Ratio | 2.78 |
| PB Ratio | 1.17 |
| P/TBV Ratio | 2.14 |
| P/FCF Ratio | 9.20 |
| P/OCF Ratio | 8.93 |
Enterprise value
| EV / Sales | 2.54 |
|---|---|
| EV / EBITDA | 5.67 |
| EV / EBIT | 6.25 |
| EV / FCF | 8.42 |
Income (trailing twelve months)
| Revenue | CN¥32.90B |
|---|---|
| Gross Profit | CN¥14.54B |
| Operating Income | CN¥13.36B |
| Pretax Income | CN¥13.28B |
| Net Income | CN¥11.06B |
| EBITDA | CN¥14.74B |
Margins
| Gross Margin | 44.2% |
|---|---|
| Operating Margin | 40.6% |
| Pretax Margin | 40.4% |
| Profit Margin | 33.6% |
| EBITDA Margin | 44.8% |
| FCF Margin | 30.2% |
Returns
| Return on Equity (ROE) | 14.1% |
|---|---|
| Return on Assets (ROA) | 9.45% |
| Return on Invested Capital (ROIC) | 16.9% |
| Return on Capital Employed (ROCE) | 14.2% |
Growth
| Revenue Growth (YoY) | 15.8% |
|---|---|
| Net Income Growth (YoY) | 66.4% |
| FCF Growth (YoY) | -0.30% |
| Revenue Growth (3Y CAGR) | 5.10% |
| Revenue Growth (5Y CAGR) | 2.45% |
Balance sheet
| Cash & Short-Term Investments | CN¥23.70B |
|---|---|
| Total Debt | CN¥13.14B |
| Net Cash (Debt) | CN¥10.56B |
| Net Cash Per Share | 3.35 CNY |
| Equity (Book Value) | CN¥78.27B |
| Book Value Per Share | 24.87 CNY |
| Tangible Book Value | CN¥42.62B |
| Working Capital | CN¥16.94B |
Financial position
| Current Ratio | 1.74 |
|---|---|
| Quick Ratio | 1.23 |
| Debt / Equity | 0.17 |
| Debt / EBITDA | 0.89 |
| Debt / FCF | 1.32 |
| Net Debt / EBITDA | -0.72 |
| Interest Coverage | 103.60 |
Cash flow (trailing twelve months)
| Operating Cash Flow | CN¥10.23B |
|---|---|
| Capital Expenditures | -CN¥305.00M |
| Free Cash Flow | CN¥9.93B |
| FCF Per Share | 3.15 CNY |
Efficiency
| Asset Turnover | 0.28 |
|---|---|
| Inventory Turnover | 187.42 |
| Revenue Per Employee | CN¥329.02K |
| Profits Per Employee | CN¥110.56K |
| Employee Count | 100,000 |
Dividends and yields
| Earnings Yield | 12.1% |
|---|---|
| FCF Yield | 10.9% |
| Buyback Yield | 0.43% |
| Shareholder Yield | 0.43% |
| Payout Ratio | 17.9% |
| FCF Payout Ratio | 19.9% |
Shares
| Shares Outstanding | 3,147,810,000 |
|---|---|
| Shares Change (YoY) | -0.70% |
| Float | 1,323,420,000 |
| Shares Held by Insiders | 58.0% |
| Shares Held by Institutions | 13.7% |
Taxes
| Income Tax | CN¥1.92B |
|---|---|
| Effective Tax Rate | 14.5% |
Scores
| Altman Z-Score | 2.73 |
|---|---|
| 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.