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

Revenue

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	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Online Music Services Revenue	27.44B	26.73B	21.74B
Online Music Services Revenue Growth	2.66%	22.92%	25.50%
Social Entertainment Services Revenue	6.01B	6.18B	6.66B
Social Entertainment Services Revenue Growth	-2.77%	-7.25%	-36.14%
Revenue (Total)	33.44B	32.90B	28.40B
Revenue (Total) Growth	1.64%	15.85%	2.34%

Key Performance Indicators

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Online Music Services - Monthly Active Users (MAU)	547.00M	570.00M
Online Music Services - Monthly Active Users (MAU) Growth	-4.04%	-3.23%
Social Entertainment Services - Mobile Monthly Active Users (MAU)	-	91.00M
Social Entertainment Services - Mobile Monthly Active Users (MAU) Growth	-	-27.78%
Online Music Services - Paying Users	125.10M	117.60M
Online Music Services - Paying Users Growth	6.38%	16.55%
Social Entertainment Services - Paying Users	-	7.90M
Social Entertainment Services - Paying Users Growth	-	3.95%
Online Music Services - Paying Ratio	22.90%	20.60%
Social Entertainment Services - Paying Ratio	-	8.70%
Online Music Services - Monthly Average Revenue per Paying User (ARPPU)	11.80	10.80
Online Music Services - Monthly Average Revenue per Paying User (ARPPU) Growth	9.26%	8.00%
Social Entertainment Services - Monthly Average Revenue per Paying User (ARPPU)	-	70.20
Social Entertainment Services - Monthly Average Revenue per Paying User (ARPPU) Growth	-	-38.58%