Tencent Financial Statements From 2010 to 2026

TME Stock  USD 17.53  0.13  0.74%   
Tencent Music's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Tencent Music's valuation are provided below:
Gross Profit
13.9 B
Profit Margin
0.3408
Market Capitalization
29.7 B
Enterprise Value Revenue
5.4816
Revenue
31.7 B
There are over one hundred nineteen available fundamental trend indicators for Tencent Music Entertainment, which can be analyzed over time and compared to other ratios. Investors should ensure to double-check all of Tencent Music's current performance against the performance from 2010 to 2026 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 134.7 B. The current year's Enterprise Value is expected to grow to about 127.3 B

Tencent Music Total Revenue

25.01 Billion

Check Tencent Music financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tencent Music's main balance sheet or income statement drivers, such as Tax Provision of 1.7 B, Net Interest Income of 549.4 M or Interest Income of 1.3 B, as well as many indicators such as Price To Sales Ratio of 4.4, Dividend Yield of 0.0094 or PTB Ratio of 1.77. Tencent financial statements analysis is a perfect complement when working with Tencent Music Valuation or Volatility modules.
  
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Check out the analysis of Tencent Music Correlation against competitors.

Tencent Music Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets58 B90.4 B42.1 B
Slightly volatile
Short and Long Term Debt Total3.6 B6.1 B2.1 B
Slightly volatile
Other Current Liabilities2.8 B2.9 BB
Slightly volatile
Total Current LiabilitiesB16.6 B6.1 B
Slightly volatile
Total Stockholder Equity44.6 B67.9 B33.3 B
Slightly volatile
Other Liabilities484.3 M371.4 M408 M
Pretty Stable
Net Tangible Assets21.7 B27.3 B14.2 B
Slightly volatile
Property Plant And Equipment Net1.2 B1.1 B371.2 M
Slightly volatile
Current Deferred Revenue1.9 B3.4 B1.2 B
Slightly volatile
Accounts Payable3.5 B6.9 B2.4 B
Slightly volatile
Cash10 B13.2 B6.9 B
Slightly volatile
Non Current Assets Total35.1 B55.9 B27.1 B
Slightly volatile
Non Currrent Assets Other594.9 M425 M443.4 M
Slightly volatile
Other Assets11.8 B11.3 BB
Slightly volatile
Cash And Short Term Investments18 B27.2 B11.6 B
Slightly volatile
Net Receivables2.5 B3.5 B1.7 B
Slightly volatile
Good Will18 B19.6 B16.2 B
Pretty Stable
Common Stock Total Equity1.6 M1.8 MM
Slightly volatile
Common Stock Shares Outstanding1.3 B1.6 B1.6 B
Slightly volatile
Liabilities And Stockholders Equity58 B90.4 B42.1 B
Slightly volatile
Non Current Liabilities Total3.6 B4.2 B2.2 B
Slightly volatile
Capital Surpluse34.9 B29 B27.6 B
Slightly volatile
Inventory15.1 M23 M16.8 M
Pretty Stable
Other Current Assets1.9 B3.8 B1.1 B
Slightly volatile
Other Stockholder Equity29 B28 B24.2 B
Slightly volatile
Total Liabilities12.7 B20.7 B8.4 B
Slightly volatile
Long Term Investments31.4 B29.9 B8.9 B
Slightly volatile
Property Plant And Equipment Gross1.5 B1.5 B464.4 M
Slightly volatile
Total Current Assets22.8 B34.5 B15 B
Slightly volatile
Accumulated Other Comprehensive Income20.8 B19.8 B4.6 B
Slightly volatile
Short Term Debt2.4 B2.3 B385.1 M
Slightly volatile
Intangible Assets3.2 B4.4 B2.6 B
Slightly volatile
Common StockM2.3 M1.9 M
Very volatile
Property Plant Equipment3.6 B3.5 B998.9 M
Slightly volatile
Net Invested Capital56.2 B73.6 B40.5 B
Slightly volatile
Net Working Capital17.3 B18 B10.7 B
Slightly volatile
Capital Stock1.6 M1.8 MM
Slightly volatile

Tencent Music Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Tax Provision1.7 B1.6 B420.8 M
Slightly volatile
Net Interest Income549.4 M1.1 B327.3 M
Slightly volatile
Interest Income1.3 B1.2 B389.6 M
Slightly volatile
Depreciation And Amortization756.4 M978 M522.6 M
Slightly volatile
Selling General Administrative3.3 B3.8 B2.2 B
Slightly volatile
Selling And Marketing Expenses1.6 B865 M1.1 B
Slightly volatile
Total Revenue25 B28.4 B16 B
Slightly volatile
Gross Profit8.6 B12 B5.4 B
Slightly volatile
Other Operating Expenses20.5 B19.7 B13.3 B
Slightly volatile
Operating Income4.4 B8.7 B2.6 B
Slightly volatile
Net Income From Continuing Ops3.8 B7.1 B2.2 B
Slightly volatile
EBIT9.3 B8.8 B2.8 B
Slightly volatile
Research Development1.7 B2.9 B1.2 B
Slightly volatile
EBITDAB9.8 BB
Slightly volatile
Cost Of Revenue16.4 B16.4 B10.6 B
Slightly volatile
Total Operating Expenses4.1 B3.3 B2.8 B
Slightly volatile
Income Before Tax4.4 B8.7 B2.5 B
Slightly volatile
Net Income Applicable To Common Shares3.6 B6.6 B2.1 B
Slightly volatile
Net Income3.6 B6.6 B2.1 B
Slightly volatile
Income Tax Expense1.7 B1.6 B420.8 M
Slightly volatile
Reconciled Depreciation866 M978 M613.6 M
Slightly volatile

Tencent Music Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation570 M596 M390.9 M
Slightly volatile
Free Cash Flow5.3 B9.2 B3.4 B
Slightly volatile
Depreciation798.6 M978 M546.8 M
Slightly volatile
Capital Expenditures862.4 MB510.3 M
Slightly volatile
Total Cash From Operating Activities6.2 B10.3 B3.9 B
Slightly volatile
Net Income4.4 B8.7 B2.5 B
Slightly volatile
End Period Cash Flow11.6 B13.2 B7.8 B
Slightly volatile
Change To Netincome2.7 B2.5 BB
Slightly volatile
Begin Period Cash Flow11.3 B13.6 B7.2 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.44.51837.0812
Slightly volatile
Dividend Yield0.00940.01060.0115
Slightly volatile
PTB Ratio1.771.89091.9817
Slightly volatile
Days Sales Outstanding36.3361.675153.2039
Slightly volatile
Book Value Per Share11.322.607311.0335
Slightly volatile
Free Cash Flow Yield0.05560.0720.0485
Slightly volatile
Operating Cash Flow Per Share3.53.33151.3054
Slightly volatile
Stock Based Compensation To Revenue0.02760.0210.0305
Slightly volatile
Capex To Depreciation0.691.05520.5922
Slightly volatile
PB Ratio1.771.89091.9817
Slightly volatile
EV To Sales3.964.26786.5665
Slightly volatile
Free Cash Flow Per Share3.152.99691.1423
Slightly volatile
ROIC0.05070.09330.0402
Slightly volatile
Inventory Turnover2.1 KK817
Slightly volatile
Net Income Per Share2.262.15420.7289
Slightly volatile
Days Of Inventory On Hand0.790.51261.0672
Slightly volatile
Payables Turnover2.262.38064.032
Pretty Stable
Sales General And Administrative To Revenue0.150.13420.1527
Slightly volatile
Capex To Revenue0.02280.03630.021
Slightly volatile
Cash Per Share4.618.8223.9111
Slightly volatile
POCF Ratio19.0612.48933.6994
Slightly volatile
Interest Coverage57.0870.241955.3967
Pretty Stable
Payout Ratio0.180.20.2224
Slightly volatile
Capex To Operating Cash Flow0.10.10040.0975
Slightly volatile
PFCF Ratio21.7313.883436.3533
Slightly volatile
Days Payables Outstanding161153102
Very volatile
Income Quality1.121.17944.1918
Slightly volatile
ROE0.0530.09790.0421
Slightly volatile
EV To Operating Cash Flow17.2611.796731.3479
Slightly volatile
PE Ratio18.3519.3143295
Slightly volatile
Return On Tangible Assets0.06660.10010.0563
Slightly volatile
EV To Free Cash Flow19.7913.113833.8541
Slightly volatile
Earnings Yield0.03770.05180.0294
Slightly volatile
Intangibles To Total Assets0.450.2660.5434
Slightly volatile
Current Ratio2.852.08732.3776
Slightly volatile
Tangible Book Value Per Share15.5514.80635.5787
Slightly volatile
Receivables Turnover9.425.91817.4231
Slightly volatile
Graham Number34.2932.65712.7344
Slightly volatile
Shareholders Equity Per Share11.1422.003210.9127
Slightly volatile
Debt To Equity0.07150.08920.0399
Slightly volatile
Capex Per Share0.190.33460.1532
Slightly volatile
Graham Net Net2.033.27531.678
Slightly volatile
Revenue Per Share5.659.20854.8291
Slightly volatile
Interest Debt Per Share1.062.00210.6519
Slightly volatile
Debt To Assets0.05320.06690.0298
Slightly volatile
Enterprise Value Over EBITDA11.7312.350873.4924
Slightly volatile
Short Term Coverage Ratios3.824.294.6808
Slightly volatile
Price Earnings Ratio18.3519.3143295
Slightly volatile
Operating Cycle36.962.187854.2573
Slightly volatile
Price Book Value Ratio1.771.89091.9817
Slightly volatile
Days Of Payables Outstanding161153102
Very volatile
Dividend Payout Ratio0.180.20.2224
Slightly volatile
Price To Operating Cash Flows Ratio19.0612.48933.6994
Slightly volatile
Price To Free Cash Flows Ratio21.7313.883436.3533
Slightly volatile
Pretax Profit Margin0.320.30670.1179
Slightly volatile
Ebt Per Ebit1.11.00021.046
Slightly volatile
Operating Profit Margin0.320.30670.1178
Slightly volatile
Effective Tax Rate0.150.1840.1856
Slightly volatile
Company Equity Multiplier1.021.33271.2042
Slightly volatile
Long Term Debt To Capitalization0.09380.050.0888
Pretty Stable
Total Debt To Capitalization0.06460.08190.0362
Slightly volatile
Return On Capital Employed0.0590.11790.047
Slightly volatile
Debt Equity Ratio0.07150.08920.0399
Slightly volatile
Ebit Per Revenue0.320.30670.1178
Slightly volatile
Quick Ratio2.852.08592.3736
Slightly volatile
Dividend Paid And Capex Coverage Ratio3.844.045317.2031
Slightly volatile
Net Income Per E B T0.910.76260.7947
Slightly volatile
Cash Ratio1.440.79541.2848
Pretty Stable
Operating Cash Flow Sales Ratio0.190.36180.224
Slightly volatile
Days Of Inventory Outstanding0.790.51261.0672
Slightly volatile
Days Of Sales Outstanding36.3361.675153.2039
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.960.89960.9062
Slightly volatile
Cash Flow Coverage Ratios1.611.698126.8382
Slightly volatile
Price To Book Ratio1.771.89091.9817
Slightly volatile
Fixed Asset Turnover24.5725.866150.0808
Very volatile
Capital Expenditure Coverage Ratio18.289.956418.475
Slightly volatile
Price Cash Flow Ratio19.0612.48933.6994
Slightly volatile
Enterprise Value Multiple11.7312.350873.4924
Slightly volatile
Debt Ratio0.05320.06690.0298
Slightly volatile
Cash Flow To Debt Ratio1.611.698126.8382
Slightly volatile
Price Sales Ratio4.44.51837.0812
Slightly volatile
Return On Assets0.04120.07350.0329
Slightly volatile
Asset Turnover0.30.3140.3042
Slightly volatile
Net Profit Margin0.250.23390.096
Slightly volatile
Gross Profit Margin0.270.42340.314
Slightly volatile
Price Fair Value1.771.89091.9817
Slightly volatile
Return On Equity0.0530.09790.0421
Slightly volatile

Tencent Music Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap134.7 B128.3 B67.3 B
Slightly volatile
Enterprise Value127.3 B121.2 B61.6 B
Slightly volatile

Tencent Fundamental Market Drivers

Forward Price Earnings17.9533
Cash And Short Term Investments27.2 B

Tencent Upcoming Events

19th of March 2024
Upcoming Quarterly Report
View
21st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
19th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Tencent Music Financial Statements

Tencent Music stakeholders use historical fundamental indicators, such as Tencent Music's revenue or net income, to determine how well the company is positioned to perform in the future. Although Tencent Music investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tencent Music's assets and liabilities are reflected in the revenues and expenses on Tencent Music's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tencent Music Entertainment. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue3.4 B1.9 B
Total Revenue28.4 B25 B
Cost Of Revenue16.4 B16.4 B
Stock Based Compensation To Revenue 0.02  0.03 
Sales General And Administrative To Revenue 0.13  0.15 
Capex To Revenue 0.04  0.02 
Revenue Per Share 9.21  5.65 
Ebit Per Revenue 0.31  0.32 

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When determining whether Tencent Music Entert is a strong investment it is important to analyze Tencent Music's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tencent Music's future performance. For an informed investment choice regarding Tencent Stock, refer to the following important reports:
Check out the analysis of Tencent Music Correlation against competitors.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tencent Music. If investors know Tencent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tencent Music listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.38
Dividend Share
1.314
Earnings Share
0.99
Revenue Per Share
20.691
Quarterly Revenue Growth
0.206
The market value of Tencent Music Entert is measured differently than its book value, which is the value of Tencent that is recorded on the company's balance sheet. Investors also form their own opinion of Tencent Music's value that differs from its market value or its book value, called intrinsic value, which is Tencent Music's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tencent Music's market value can be influenced by many factors that don't directly affect Tencent Music's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tencent Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tencent Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tencent Music's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.