Tencent Music Entertainment Group (TME)

TME Revenue

In the year 2023, Tencent Music Entertainment Group had annual revenue of $3.91B, a decrease of -3.73%. Revenue in the quarter ending December 31, 2023 was $972.21M, a -8.74% decrease year-over-year.

• Revenue (ttm): $3.91B
• Revenue Growth: -3.73%
• P/S Ratio: 5.33
• Revenue / Employee: $754,917
• Employees: 5,185
• Market Cap: 20.84B USD

Revenue Chart

* The company reports in CNY currency but revenue data is shown in USD.

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2023	3.91B	-151.61M	-3.73%
Dec 31, 2022	4.07B	-816.02M	-16.72%
Dec 31, 2021	4.88B	424.23M	9.52%
Dec 31, 2020	4.46B	824.22M	22.68%
Dec 31, 2019	3.63B	885.96M	32.25%
Dec 31, 2018	2.75B	1.09B	65.52%
Dec 31, 2017	1.66B	1.03B	162.62%
Dec 31, 2016	632.03M	-	-

Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.