Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
25.72
+0.37 (1.46%)
At close: Aug 25, 2025, 4:00 PM
26.00
+0.28 (1.09%)
After-hours: Aug 25, 2025, 4:29 PM EDT
TME Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2017 - 2020 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 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 | 2017 - 2020 |
| 30,271 | 28,401 | 27,752 | 28,339 | 31,244 | 29,153 | Upgrade | |
Revenue Growth (YoY) | 10.52% | 2.34% | -2.07% | -9.30% | 7.17% | 14.62% | Upgrade |
Cost of Revenue | 17,036 | 16,376 | 17,957 | 19,566 | 21,840 | 19,851 | Upgrade |
Gross Profit | 13,235 | 12,025 | 9,795 | 8,773 | 9,404 | 9,302 | Upgrade |
Selling, General & Admin | 4,691 | 4,676 | 5,018 | 5,557 | 6,687 | 5,576 | Upgrade |
Other Operating Expenses | -2,714 | -221 | -222 | -334 | -423 | -315 | Upgrade |
Operating Expenses | 1,977 | 4,455 | 4,796 | 5,223 | 6,264 | 5,261 | Upgrade |
Operating Income | 11,258 | 7,570 | 4,999 | 3,550 | 3,140 | 4,041 | Upgrade |
Interest Expense | -105 | -124 | -124 | -115 | -120 | -99 | Upgrade |
Interest & Investment Income | 1,182 | 1,213 | 1,067 | 725 | 557 | 622 | Upgrade |
Earnings From Equity Investments | 99 | 96 | 127 | 38 | -47 | 19 | Upgrade |
Currency Exchange Gain (Loss) | 30 | 30 | -17 | 7 | -1 | 2 | Upgrade |
EBT Excluding Unusual Items | 12,464 | 8,785 | 6,052 | 4,205 | 3,529 | 4,585 | Upgrade |
Gain (Loss) on Sale of Investments | -52 | -52 | -23 | 26 | 105 | -4 | Upgrade |
Gain (Loss) on Sale of Assets | -50 | -50 | 12 | 1 | -10 | 32 | Upgrade |
Other Unusual Items | 29 | 29 | 4 | 141 | 8 | 19 | Upgrade |
Pretax Income | 12,391 | 8,712 | 6,045 | 4,373 | 3,632 | 4,632 | Upgrade |
Income Tax Expense | 1,751 | 1,603 | 825 | 534 | 417 | 456 | Upgrade |
Earnings From Continuing Operations | 10,640 | 7,109 | 5,220 | 3,839 | 3,215 | 4,176 | Upgrade |
Minority Interest in Earnings | -400 | -465 | -300 | -162 | -186 | -21 | Upgrade |
Net Income | 10,240 | 6,644 | 4,920 | 3,677 | 3,029 | 4,155 | Upgrade |
Net Income to Common | 10,240 | 6,644 | 4,920 | 3,677 | 3,029 | 4,155 | Upgrade |
Net Income Growth | 83.58% | 35.04% | 33.80% | 21.39% | -27.10% | 4.35% | Upgrade |
Shares Outstanding (Basic) | 1,538 | 1,542 | 1,561 | 1,602 | 1,661 | 1,657 | Upgrade |
Shares Outstanding (Diluted) | 1,559 | 1,565 | 1,584 | 1,617 | 1,682 | 1,680 | Upgrade |
Shares Change (YoY) | -0.73% | -1.18% | -2.04% | -3.82% | 0.08% | 0.39% | Upgrade |
EPS (Basic) | 6.66 | 4.31 | 3.15 | 2.30 | 1.82 | 2.51 | Upgrade |
EPS (Diluted) | 6.57 | 4.24 | 3.10 | 2.28 | 1.80 | 2.48 | Upgrade |
EPS Growth | 85.61% | 36.77% | 35.97% | 26.67% | -27.42% | 4.20% | Upgrade |
Free Cash Flow | 8,483 | 9,956 | 7,172 | 7,396 | 5,080 | 4,777 | Upgrade |
Free Cash Flow Per Share | 5.44 | 6.36 | 4.53 | 4.57 | 3.02 | 2.84 | Upgrade |
Dividend Per Share | - | 1.314 | 0.972 | - | - | - | Upgrade |
Dividend Growth | - | 35.23% | - | - | - | - | Upgrade |
Gross Margin | 43.72% | 42.34% | 35.30% | 30.96% | 30.10% | 31.91% | Upgrade |
Operating Margin | 37.19% | 26.65% | 18.01% | 12.53% | 10.05% | 13.86% | Upgrade |
Profit Margin | 33.83% | 23.39% | 17.73% | 12.97% | 9.70% | 14.25% | Upgrade |
Free Cash Flow Margin | 28.02% | 35.05% | 25.84% | 26.10% | 16.26% | 16.39% | Upgrade |
EBITDA | 11,974 | 8,287 | 5,719 | 4,710 | 4,141 | 4,779 | Upgrade |
EBITDA Margin | 39.55% | 29.18% | 20.61% | 16.62% | 13.25% | 16.39% | Upgrade |
D&A For EBITDA | 715.5 | 717 | 720 | 1,160 | 1,001 | 738 | Upgrade |
EBIT | 11,258 | 7,570 | 4,999 | 3,550 | 3,140 | 4,041 | Upgrade |
EBIT Margin | 37.19% | 26.65% | 18.01% | 12.53% | 10.05% | 13.86% | Upgrade |
Effective Tax Rate | 14.13% | 18.40% | 13.65% | 12.21% | 11.48% | 9.84% | Upgrade |
Revenue as Reported | 30,271 | 28,401 | 27,752 | 28,339 | 31,244 | 29,153 | Upgrade |
Advertising Expenses | - | 611 | 603 | 852 | 2,387 | 2,227 | Upgrade |
Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.