Tencent Music Entertainment Group (HKG:1698)
Hong Kong · Delayed Price · Currency is HKD 34.30
-0.70 (-2.00%)
Jul 24, 2026, 4:08 PM HKT
HKG:1698 Financials Overview
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 33,441 | 32,902 | 28,401 | 27,752 | 28,339 | 31,244 |
Revenue Growth | 15.36% | 15.85% | 2.34% | -2.07% | -9.30% | 7.17% |
Gross Profit Gross Profit Growth | 14,839 | 14,535 | 12,025 | 9,795 | 8,773 | 9,404 |
Operating Income Operating Income Growth | 10,030 | 9,795 | 7,570 | 4,999 | 3,550 | 3,140 |
Net Income Net Income Growth | 8,856 | 11,056 | 6,644 | 4,920 | 3,677 | 3,029 |
Earnings Per Share EPS Growth | 5.69 | 7.12 | 4.24 | 3.10 | 2.28 | 1.80 |
EPS Growth | -6.52% | 67.92% | 36.77% | 35.97% | 26.67% | -27.42% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Online Music Services Online Music Services Growth | 27,436 | 26,726 | 21,742 | 17,325 | 12,483 | 11,467 |
Social Entertainment Services Social Entertainment Services Growth | 6,005 | 6,176 | 6,659 | 10,427 | 15,856 | 19,777 |
Revenue (Total) Revenue (Total) Growth | 33,441 | 32,902 | 28,401 | 27,752 | 28,339 | 31,244 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 26,743 | 24,316 | 27,209 | 23,541 | 20,883 | 20,426 |
Total Debt Total Debt Growth | 4,842 | 3,813 | 6,051 | 6,048 | 5,965 | 5,359 |
Net Cash (Debt) Net Cash Growth | 21,901 | 20,503 | 21,158 | 17,493 | 14,918 | 15,067 |
Net Cash Growth | -3.81% | -3.10% | 20.95% | 17.26% | -0.99% | -26.60% |
Net Cash Per Share Net Cash Per Share Growth | 14.07 | 13.19 | 13.52 | 11.04 | 9.22 | 8.96 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 10,044 | 10,231 | 10,275 | 7,337 | 7,481 | 5,239 |
Capital Expenditures CapEx Growth | -305 | -305 | -319 | -165 | -85 | -159 |
Free Cash Flow Free Cash Flow Growth | 9,739 | 9,926 | 9,956 | 7,172 | 7,396 | 5,080 |
Free Cash Flow Growth | -0.51% | -0.30% | 38.82% | -3.03% | 45.59% | 6.34% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 44.37% | 44.18% | 42.34% | 35.30% | 30.96% | 30.10% |
Operating Margin | 29.99% | 29.77% | 26.65% | 18.01% | 12.53% | 10.05% |
Pretax Margin | 33.00% | 40.35% | 30.67% | 21.78% | 15.43% | 11.62% |
Profit Margin | 26.48% | 33.60% | 23.39% | 17.73% | 12.97% | 9.70% |
FCF Margin | 29.12% | 30.17% | 35.05% | 25.84% | 26.10% | 16.26% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Period Ending | Jul '26 Jul 24, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Dividend Per Share Dividend Per Share Growth | 0.941 | 1.679 | 1.314 | 0.972 |
Dividend Per Share Growth | 34.35% | 27.77% | 35.23% | - |
Dividend Yield | 2.69% | 2.78% | 3.28% | 3.30% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 24, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 10.86 | 17.18 | 19.31 | 20.55 | 24.88 | 24.32 |
P/FCF Ratio | 9.88 | 19.13 | 12.89 | 14.10 | 12.37 | 14.50 |
PS Ratio | 2.88 | 5.77 | 4.52 | 3.64 | 3.23 | 2.36 |