Tencent Music Entertainment Group - ADR Financials

$7.82

$-0.07 (-0.89%)

As on 16-Sep-2026 16:26EDT

Market cap

$13,006 Mln

Revenue (TTM)

$32,988 Mln

P/E Ratio

9.4

P/B Ratio

1.1

Div. Yield

3 %

Income Statement (CN¥ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Operating Revenue	32,987.84	32,902.00	28,401.00	27,752.00	28,339.00	31,244.00
Cost of Revenue	14,263.21	18,367.00	16,376.00	17,957.00	19,566.00	21,840.00
Gross Profit	18,724.63	14,535.00	12,025.00	9,795.00	8,773.00	9,404.00
Operating Expenses	8,040.83	4,798.00	3,315.00	3,736.00	4,330.00	5,604.00
Operating Profit (EBIT)	10,683.80	9,737.00	8,710.00	6,059.00	4,443.00	3,800.00
Other Income	--	--	--	--	--	--
Profit before Tax	10,744.58	13,277.00	8,712.00	6,045.00	4,373.00	3,632.00
Provision for Tax	1,878.82	1,924.00	1,603.00	825.00	534.00	417.00
Profit after Tax (Net Income)	8,604.13	11,056.00	6,644.00	4,920.00	3,677.00	3,029.00
Minority Interest	-270.00	-297.00	-465.00	-300.00	-162.00	-186.00
Consolidated Profit	4,356.00	11,056.00	6,644.00	4,920.00	3,677.00	3,029.00

Liabilities (CN¥ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Shareholder's Funds	78,272.00	80,338.13	67,863.00	55,907.00	48,099.00	50,317.00
Minority Interest	-270.00	--	--	--	--	--
Non-Current Liabilities	13,127.00	4,886.11	4,168.00	6,320.00	6,165.00	5,749.00
Current Liabilities	22,747.00	14,598.29	16,550.00	12,014.00	11,717.00	10,450.00
Total Liabilities	139,694.00	102,587.29	90,444.00	75,536.00	67,009.00	67,254.00

Assets (CN¥ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Non-Current Assets	77,258.00	70,108.62	55,900.00	45,600.00	40,450.00	40,463.00
Current Assets	39,689.00	32,478.67	34,544.00	29,936.00	26,559.00	26,791.00
Total Assets	139,694.00	102,587.29	90,444.00	75,536.00	67,009.00	67,254.00
Total Debt*	16,884.00	3,815.43	6,051.00	6,048.00	5,965.00	5,359.00
Net Current Assets	16,942.00	17,869.00	17,994.00	17,922.00	14,842.00	16,341.00

Cashflow (CN¥ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Cash From Operating Activities	--	10,159.45	10,275.00	7,337.00	7,481.00	5,239.00
Cash Flow from Investing Activities	--	-10,270.35	-6,818.00	-1,863.00	-1,446.00	-5,999.00
Cash from Financing Activities	--	-4,407.55	-3,830.00	-1,538.00	-3,419.00	-3,710.00
Net Cash Inflow / Outflow	--	--	--	--	--	--

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Adjusted EPS (CN¥)	5.53	7.11	4.27	3.13	2.32	1.83
Cash EPS (CN¥)	--	8.00	4.90	3.77	3.06	2.44
Adjusted Book Value (CN¥)	--	51.68	43.61	35.55	30.39	30.48
Dividend per Share (CN¥)	--	--	--	--	--	--
Cash Flow per Share (CN¥)	--	6.54	6.60	4.67	4.73	3.17
Free Cash Flow per Share (CN¥)	--	6.35	5.94	3.92	4.06	1.50

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
ROCE (%)	--	13.99	9.78	8.48	6.70	5.34
ROE (%)	10.51	14.92	10.74	9.46	7.47	5.91
ROA (%)	6.52	11.46	8.01	6.90	5.48	4.47
EBIT Margin (%)	39.97	40.72	31.11	18.01	15.84	12.01
Net Margin (%)	26.08	33.60	23.39	17.73	12.98	9.69
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Revenue Growth (%)	8.98	0.16	0.02	-0.02	-0.09	0.07
EBIT Growth (%)	44.86	51.64	76.76	11.39	19.62	-20.69
Net Profit Growth (%)	-15.30	66.41	35.04	33.80	21.39	-27.10
EPS Growth (%)	-16.17	0.67	0.36	0.35	0.27	-0.26
Book Value Growth (%)	-6.94	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debt to Equity	0.13	0.05	0.09	0.11	0.12	0.11
Short term debt to equity ratio	0.08	0.00	0.03	0.00	0.00	0.00
Current Ratio	1.74	2.22	2.09	2.49	2.27	2.56
Quick Ratio	1.74	2.22	2.09	2.49	2.27	2.56
Interest Coverage	78.19	109.83	71.26	40.31	39.03	31.01

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21
Debtors to sales (%)	12.68	11.87	12.35	10.51	10.31	12.15
Asset Turnover	0.25	0.34	0.34	0.39	0.42	0.46
Receivable days	--	41.15	41.32	38.44	43.31	39.66
Inventory Days	--	0.64	0.35	0.22	0.35	0.35
Payable days	--	130.92	132.54	101.74	87.06	66.01
Cash Conversion Cycle	--	-89.14	-90.88	-63.08	-43.40	-26.00

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Income Statement (CN¥ Mln)