Tencent Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . Tencent Music Entertainment
TME Stock  USD 11.53  0.01  0.09%   
Tencent Music financial statements provide useful quarterly and yearly information to potential Tencent Music Entertainment investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Tencent Music financial statements helps investors assess Tencent Music's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Tencent Music's valuation are summarized below:
Gross Profit
8.8 B
Profit Margin
0.2153
Market Capitalization
18.9 B
Enterprise Value Revenue
4.3073
Revenue
27.8 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 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 144.7 B. The current year's Enterprise Value is expected to grow to about 136.7 B

Tencent Music Total Revenue

24.23 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 450 M, Net Interest Income of 470.7 M or Interest Income of 1.1 B, as well as many indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 5.0E-4 or PTB Ratio of 1.72. Tencent financial statements analysis is a perfect complement when working with Tencent Music Valuation or Volatility modules.
  
Check out the analysis of Tencent Music Correlation against competitors.

Tencent Music Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets59 B75.5 B41.9 B
Slightly volatile
Short and Long Term Debt Total3.3 B6 B1.8 B
Slightly volatile
Other Current Liabilities3.5 B3.1 B2.4 B
Slightly volatile
Total Current Liabilities8.9 B12 B5.9 B
Slightly volatile
Total Stockholder Equity46 B55.9 B33.6 B
Slightly volatile
Other Liabilities484.3 M371.4 M413.7 M
Slightly volatile
Net Tangible Assets21.7 B27.3 B13.6 B
Slightly volatile
Property Plant And Equipment Net456.6 M857 M295 M
Slightly volatile
Current Deferred Revenue1.8 B3.1 B1.2 B
Slightly volatile
Accounts Payable3.3 B5 B2.2 B
Slightly volatile
Cash11.3 B13.6 B7.4 B
Slightly volatile
Non Current Assets Total34.9 B45.6 B26.7 B
Slightly volatile
Non Currrent Assets Other755.3 M892 M525.4 M
Slightly volatile
Other Assets9.2 B8.7 B2.2 B
Slightly volatile
Cash And Short Term Investments19.2 B23.5 B11.9 B
Slightly volatile
Net Receivables2.5 B3.1 B1.7 B
Slightly volatile
Good Will19.5 B19.5 B17.1 B
Slightly volatile
Common Stock Total Equity1.6 M1.8 M2 M
Slightly volatile
Common Stock Shares Outstanding1.3 B1.6 B1.6 B
Slightly volatile
Liabilities And Stockholders Equity59 B75.5 B41.9 B
Slightly volatile
Non Current Liabilities Total3.6 B6.3 B2.1 B
Slightly volatile
Capital Surpluse34.6 B41.9 B27.8 B
Slightly volatile
Inventory7.6 M8 M17.4 M
Very volatile
Other Current Assets3.5 B3.3 B1 B
Slightly volatile
Other Stockholder Equity32.8 B29.3 B26.1 B
Slightly volatile
Total Liabilities12.4 B18.3 B8 B
Slightly volatile
Long Term Investments10.8 B19.8 B6.1 B
Slightly volatile
Property Plant And Equipment Gross1.4 B1.3 B386.1 M
Slightly volatile
Total Current Assets24.1 B29.9 B15.3 B
Slightly volatile
Accumulated Other Comprehensive Income10.1 B9.7 B3 B
Slightly volatile
Short Term Debt114.3 M115 M113.4 M
Pretty Stable
Intangible Assets3.1 B4.5 B2.5 B
Slightly volatile
Common Stock1.6 M1.8 M2 M
Slightly volatile
Property Plant Equipment3.9 B3.7 B875.9 M
Slightly volatile
Net Invested Capital52.7 B61.5 B38.1 B
Slightly volatile
Net Working Capital17 B17.9 B10.2 B
Slightly volatile
Capital Stock1.6 M1.8 M2 M
Slightly volatile

Tencent Music Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Tax Provision450 M825 M259.8 M
Slightly volatile
Net Interest Income470.7 M928 M272.4 M
Slightly volatile
Interest Income1.1 B1.1 B325.7 M
Slightly volatile
Selling General Administrative3.1 B4.1 B2.1 B
Slightly volatile
Selling And Marketing Expenses1.7 B897 M1.1 B
Slightly volatile
Total Revenue24.2 B27.8 B15.1 B
Slightly volatile
Gross Profit8 B9.8 B4.9 B
Slightly volatile
Other Operating Expenses20.9 B21.7 B13.2 B
Slightly volatile
Operating Income3.6 B6.1 B2 B
Slightly volatile
Net Income From Continuing Ops3.3 B5.2 B1.8 B
Slightly volatile
EBIT3.9 B6.2 B2.2 B
Slightly volatile
EBITDA4.5 B7.2 B2.6 B
Slightly volatile
Cost Of Revenue16.2 B18 B10.2 B
Slightly volatile
Total Operating Expenses4.6 B3.7 B3 B
Slightly volatile
Income Before Tax3.7 B6 B2.1 B
Slightly volatile
Net Income Applicable To Common Shares2.8 B4.2 B1.7 B
Slightly volatile
Net Income3.2 B4.9 B1.8 B
Slightly volatile
Income Tax Expense450 M825 M259.8 M
Slightly volatile
Reconciled Depreciation836 M1 B587.3 M
Slightly volatile

Tencent Music Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation559.4 M649 M376.5 M
Slightly volatile
Free Cash Flow4.7 B6.2 B2.9 B
Slightly volatile
Depreciation764 M1 B515.7 M
Slightly volatile
Capital Expenditures828.3 M1.2 B473.2 M
Slightly volatile
Total Cash From Operating Activities5.5 B7.3 B3.4 B
Slightly volatile
Net Income3.7 B6 B2.1 B
Slightly volatile
End Period Cash Flow11.3 B13.6 B7.4 B
Slightly volatile
Change To Netincome2.7 B2.5 B963.1 M
Slightly volatile
Begin Period Cash Flow10.7 B9.6 B6.7 B
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.473.65719.9606
Slightly volatile
Dividend Yield5.0E-47.0E-44.0E-4
Slightly volatile
PTB Ratio1.721.81535.1262
Slightly volatile
Days Sales Outstanding44.1438.378151.4294
Slightly volatile
Book Value Per Share20.9436.041920.4305
Slightly volatile
Free Cash Flow Yield0.06390.06080.0258
Slightly volatile
Operating Cash Flow Per Share2.54.62292.0431
Slightly volatile
Stock Based Compensation To Revenue0.02820.02340.0311
Slightly volatile
Capex To Depreciation0.671.15940.56
Slightly volatile
PB Ratio1.721.81535.1262
Slightly volatile
EV To Sales3.223.386119.4409
Slightly volatile
Free Cash Flow Per Share2.123.88951.7613
Slightly volatile
ROIC0.04720.0850.0361
Slightly volatile
Inventory Turnover2.4 K2.2 K752
Slightly volatile
Net Income Per Share3.263.11.1854
Slightly volatile
Days Of Inventory On Hand0.150.16261.0615
Slightly volatile
Payables Turnover5.643.58714.3675
Slightly volatile
Sales General And Administrative To Revenue0.150.14850.154
Slightly volatile
Research And Ddevelopement To Revenue0.07750.10.0859
Slightly volatile
Capex To Revenue0.0220.04190.0199
Slightly volatile
Cash Per Share8.6214.83277.1402
Slightly volatile
POCF Ratio13.1413.832697.8356
Slightly volatile
Interest Coverage53.4948.862954.0884
Slightly volatile
Payout Ratio0.01350.01810.0141
Slightly volatile
Capex To Operating Cash Flow0.10.15860.0973
Slightly volatile
PFCF Ratio15.6216.4409104
Slightly volatile
Days Payables Outstanding61.5310291.6871
Slightly volatile
Income Quality1.151.21374.3946
Slightly volatile
ROE0.04990.0880.0382
Slightly volatile
EV To Operating Cash Flow12.1712.807895.4288
Slightly volatile
PE Ratio19.620.628923
Slightly volatile
Return On Tangible Assets0.06490.09550.0533
Slightly volatile
EV To Free Cash Flow14.4615.2228101
Slightly volatile
Earnings Yield0.05090.04850.0171
Slightly volatile
Intangibles To Total Assets0.470.31790.5632
Slightly volatile
Current Ratio2.122.49182.3483
Slightly volatile
Tangible Book Value Per Share10.7420.9138.58
Slightly volatile
Receivables Turnover7.749.51067.8315
Slightly volatile
Graham Number25.1249.568219.9407
Slightly volatile
Shareholders Equity Per Share20.735.22620.2595
Slightly volatile
Debt To Equity0.080.10080.0991
Very volatile
Capex Per Share0.370.73340.2811
Slightly volatile
Graham Net Net3.854.66233.0815
Slightly volatile
Revenue Per Share10.8917.4869.0606
Slightly volatile
Interest Debt Per Share3.813.62931.1673
Slightly volatile
Debt To Assets0.06170.07460.0752
Pretty Stable
Enterprise Value Over EBITDA12.4513.1006236
Slightly volatile
Price Earnings Ratio19.620.628923
Slightly volatile
Operating Cycle44.9738.540752.5362
Slightly volatile
Price Book Value Ratio1.721.81535.1262
Slightly volatile
Days Of Payables Outstanding61.5310291.6871
Slightly volatile
Dividend Payout Ratio0.01350.01810.0141
Slightly volatile
Price To Operating Cash Flows Ratio13.1413.832697.8356
Slightly volatile
Price To Free Cash Flows Ratio15.6216.4409104
Slightly volatile
Pretax Profit Margin0.110.21780.0913
Slightly volatile
Ebt Per Ebit0.830.99771.0553
Slightly volatile
Operating Profit Margin0.110.21830.089
Slightly volatile
Effective Tax Rate0.150.13650.1857
Slightly volatile
Company Equity Multiplier1.011.35111.1949
Slightly volatile
Long Term Debt To Capitalization0.07530.09160.0902
Very volatile
Total Debt To Capitalization0.07530.09160.0902
Very volatile
Return On Capital Employed0.05270.09540.0406
Slightly volatile
Debt Equity Ratio0.080.10080.0991
Very volatile
Ebit Per Revenue0.110.21830.089
Slightly volatile
Quick Ratio2.122.49112.3442
Slightly volatile
Dividend Paid And Capex Coverage Ratio5.996.303317.7392
Slightly volatile
Net Income Per E B T0.670.81390.7809
Slightly volatile
Cash Ratio1.521.12931.3227
Very volatile
Operating Cash Flow Sales Ratio0.180.26440.2142
Pretty Stable
Days Of Inventory Outstanding0.150.16261.0615
Slightly volatile
Days Of Sales Outstanding44.1438.378151.4294
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.960.84140.9067
Slightly volatile
Cash Flow Coverage Ratios0.931.30181.0001
Slightly volatile
Price To Book Ratio1.721.81535.1262
Slightly volatile
Fixed Asset Turnover30.7632.382752.1078
Pretty Stable
Capital Expenditure Coverage Ratio5.996.303318.2236
Slightly volatile
Price Cash Flow Ratio13.1413.832697.8356
Slightly volatile
Enterprise Value Multiple12.4513.1006236
Slightly volatile
Debt Ratio0.06170.07460.0752
Pretty Stable
Cash Flow To Debt Ratio0.931.30181.0001
Slightly volatile
Price Sales Ratio3.473.65719.9606
Slightly volatile
Return On Assets0.0390.06510.03
Slightly volatile
Asset Turnover0.310.36740.3042
Slightly volatile
Net Profit Margin0.0960.17730.0765
Slightly volatile
Gross Profit Margin0.260.35290.3061
Slightly volatile
Price Fair Value1.721.81535.1262
Slightly volatile
Return On Equity0.04990.0880.0382
Slightly volatile

Tencent Music Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap144.7 B101.5 B143 B
Slightly volatile
Enterprise Value136.7 B94 B137.3 B
Slightly volatile

Tencent Fundamental Market Drivers

Forward Price Earnings15.1976
Cash And Short Term Investments23.5 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 Revenue3.1 B1.8 B
Total Revenue27.8 B24.2 B
Cost Of Revenue18 B16.2 B
Stock Based Compensation To Revenue 0.02  0.03 
Sales General And Administrative To Revenue 0.15  0.15 
Research And Ddevelopement To Revenue 0.10  0.08 
Capex To Revenue 0.04  0.02 
Revenue Per Share 17.49  10.89 
Ebit Per Revenue 0.22  0.11 

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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:
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Check out the analysis of Tencent Music Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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
0.351
Earnings Share
0.49
Revenue Per Share
18.009
Quarterly Revenue Growth
0.068
Return On Assets
0.0543
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.
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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.
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