Tencent Music Entertainment Group
TME NYSE· Radio Broadcasting Stations
Last close · Oct 30, 2026
$8.41
KIRA · Stoqly’s AI analyst, in plain words
- Tencent Music Entertainment Group had $4.6B of revenue in fiscal 2025, up 16.0% on the year before. Over five years, revenue changed +1.6% a year on average.
- Its operating margin was 40.6%, up 9.9 pts: of every 100 in sales, about 41 is left after running the business.
- Tencent Music Entertainment Group made $1.5B of net profit in fiscal 2025.
- Free cash flow was $1.4B in fiscal 2025, 30.2% of revenue.
- Tencent Music Entertainment Group returned $330M to shareholders in fiscal 2025, 24% of free cash flow. The diluted share count fell 0.7%.
Market cap
$13.1B
P/E
—
Revenue
$4.6B
Net income
$1.5B
Free cash flow
$1.4B
Operating margin
40.6%
Tencent Music Entertainment Group in 30 seconds · fiscal 2025
Are sales growing?
+16.0%
Yes. Sales grew 16.0% last year.
Does it make a profit?
33.6%
Yes. It keeps 33.6% of every sale as profit.
Does profit turn into cash?
30.2%
Yes. 30.2% of sales ends up as free cash.
How healthy are the accounts?
6 / 8
Mixed. It passes 6 of 8 health tests.
What Tencent Music Entertainment Group does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 17, 2026
- Legal name
- Tencent Music Entertainment Group
- CIK
- 0001744676
Tencent Music Entertainment Group · TME · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $4.8B | $4.2B | $3.9B | $3.9B | $4.6B |
| Revenue growth | 14.7% | −13.1% | −6.9% | 0.7% | 16.0% |
| Net interest income | $82.2M | $106M | $149M | $166M | $147M |
| Gross margin | 30.1% | 31.0% | 35.3% | 42.3% | 44.2% |
| Operating margin | 12.2% | 15.7% | 21.8% | 30.7% | 40.6% |
| Net income | $470M | $546M | $695M | $923M | $1.5B |
| Net margin | 9.7% | 13.0% | 17.7% | 23.4% | 33.6% |
| Cash | |||||
| Cash from operations | $812M | $1.1B | $1.0B | $1.4B | $1.4B |
| Capital expenditure | $24.7M | $12.6M | $23.3M | $44.3M | $42.4M |
| Free cash flow | $788M | $1.1B | $1.0B | $1.4B | $1.4B |
| FCF margin | 16.3% | 26.1% | 25.8% | 35.1% | 30.2% |
| Dividends paid | $0.0M | $0.0M | — | $210M | $276M |
| Share buybacks | $539M | $464M | $176M | $267M | $54.3M |
| Share count change | 0.1% | −3.8% | −2.0% | −1.2% | −0.7% |
| Debt and strength | |||||
| Cash and short-term investments | $1.0B | $1.4B | $1.9B | $1.8B | $1.2B |
| Debt incl. finance leases | $797M | $802M | $793M | — | — |
| Shareholders' equity | $7.9B | $7.0B | $7.9B | $9.3B | $11.5B |
| Net debt / EBITDA | −0.3x | −0.7x | −1.1x | — | — |
| Current ratio | 2.6x | 2.3x | 2.5x | 2.1x | 2.2x |
| Interest coverage | 31.4x | 41.1x | 43.0x | 92.7x | 103.6x |
| Returns and quality | |||||
| Return on capital | 6.8% | 9.1% | 10.9% | — | — |
| Return on equity | 5.9% | 7.3% | 9.4% | 10.8% | 14.8% |
| Return on tangible equity | 10.5% | 14.4% | 14.4% | 14.6% | 18.9% |
| Piotroski F-score | 5 | 6 | 8 | 6 | 6 |
| Altman Z'' | 5.9 | 5.3 | 6.0 | 6.1 | 7.3 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Tencent Music Entertainment Group · TME · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $8.41 a share, the company is worth $13.1B.
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001744676). Latest version: stoqly.net/companies/tme. Data updated November 1, 2026. Filed in CNY under IFRS and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.