Tencent Music Entertainment Group - ADR Key Ratios
$8.39
As on 02-Sep-2026 16:23EDT
Market cap
$14,490 Mln
Revenue (TTM)
$32,988 Mln
P/E Ratio
10.7
P/B Ratio
1.3
Div. Yield
2.7 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 13.84 | 5.82 | 8.98 | 4.29 | 0.77 |
| EBIT | 0.86 | -11.61 | 43.11 | 42.78 | 25.79 |
| Net Profit | 21.58 | 5.10 | -14.47 | 23.48 | 7.78 |
| EPS | 17.39 | 1.00 | -16.47 | 23.37 | 20.70 |
| Book Value | -- | -- | 18.52 | 19.36 | 10.73 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 29.95 | 23.54 | 39.49 | 40.72 | 31.11 |
| Net Margin
| -- | -- | 26.08 | -- | -- |
| Return on equity
| 11.71 | 9.70 | 10.61 | 14.92 | 10.74 |
| Return on Capital
| 10.75 | 8.86 | -- | 13.99 | 9.78 |
| Return on Assets
| 8.79 | 7.26 | 6.12 | 11.46 | 8.01 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.05 | 0.09 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
--
|
13.99
|
9.78
|
8.48
|
6.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
10.61
Lower than Peers by 15.95
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
10.61
|
14.92
|
10.74
|
9.46
|
7.47
|
|
Peer Median
|
26.56
|
--
|
--
|
--
|
--
|
ROA
6.12
Lower than Peers by 1.80
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
6.12
|
11.46
|
8.01
|
6.90
|
5.48
|
|
Peer Median
|
7.92
|
--
|
--
|
--
|
--
|
EBIT Margin
39.49
Higher than Peers by 21.78
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
39.49
|
40.72
|
31.11
|
18.01
|
15.84
|
|
Peer Median
|
17.71
|
--
|
--
|
--
|
--
|
Net Margin
26.08
Higher than Peers by 7.68
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
26.08
|
33.60
|
23.39
|
17.73
|
12.98
|
|
Peer Median
|
18.40
|
--
|
--
|
--
|
--
|
Revenue Growth
8.98
Lower than Peers by 3.70
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
8.98
|
0.16
|
0.02
|
-0.02
|
-0.09
|
|
Peer Median
|
12.68
|
--
|
--
|
--
|
--
|
EBIT Growth
43.11
Higher than Peers by 21.94
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
43.11
|
51.64
|
76.76
|
11.39
|
19.62
|
|
Peer Median
|
21.17
|
--
|
--
|
--
|
--
|
Net Profit Growth
-14.47
Lower than Peers by 40.71
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
-14.47
|
66.41
|
35.04
|
33.80
|
21.39
|
|
Peer Median
|
26.24
|
--
|
--
|
--
|
--
|
EPS Growth
-16.47
Lower than Peers by 56.81
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
-16.47
|
0.67
|
0.36
|
0.35
|
0.27
|
|
Peer Median
|
40.34
|
--
|
--
|
--
|
--
|
Book Value Growth
-8.11
Lower than Peers by 22.06
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
-8.11
|
--
|
--
|
--
|
--
|
|
Peer Median
|
13.94
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
--
|
0.05
|
0.09
|
0.11
|
0.12
|
|
Peer Median
|
0.18
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.08
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
0.08
|
0.00
|
0.03
|
0.00
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.74
Higher than Peers by 0.11
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
1.74
|
2.22
|
2.09
|
2.49
|
2.27
|
|
Peer Median
|
1.64
|
--
|
--
|
--
|
--
|
Quick Ratio
1.74
Higher than Peers by 0.10
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
1.74
|
2.22
|
2.09
|
2.49
|
2.27
|
|
Peer Median
|
1.64
|
--
|
--
|
--
|
--
|
Interest Coverage
78.19
Higher than Peers by 60.81
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
78.19
|
109.83
|
71.26
|
40.31
|
39.03
|
|
Peer Median
|
17.38
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
12.68
Higher than Peers by 1.77
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
12.68
|
11.87
|
12.35
|
10.51
|
10.31
|
|
Peer Median
|
10.91
|
--
|
--
|
--
|
--
|
Asset Turnover
0.23
Lower than Peers by 0.28
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
0.23
|
0.34
|
0.34
|
0.39
|
0.42
|
|
Peer Median
|
0.51
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
--
|
41.15
|
41.32
|
38.44
|
43.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
--
|
0.64
|
0.35
|
0.22
|
0.35
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
--
|
130.92
|
132.54
|
101.74
|
87.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Tencent Music Entertainment Group - ADR
|
--
|
-89.14
|
-90.88
|
-63.08
|
-43.40
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|