Tencent Music Entertainment Net Income

TME Stock  USD 16.32  0.23  1.39%   
As of the 3rd of February, Tencent Music has the Coefficient Of Variation of (509.13), risk adjusted performance of (0.14), and Variance of 5.71. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tencent Music Entert, as well as the relationship between them. Please validate Tencent Music Entert market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Tencent Music is priced more or less accurately, providing market reflects its prevalent price of 16.32 per share. Given that Tencent Music Entert has information ratio of (0.22), we advise you to double-check Tencent Music Entertainment's current market performance to make sure the company can sustain itself at a future point.

Tencent Music Total Revenue

25.01 Billion

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
28.3 B
Enterprise Value Revenue
5.2123
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 121.3 B. The current year's Enterprise Value is expected to grow to about 114.5 B This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income From Continuing Ops8.2 B8.6 B
Net Income Applicable To Common Shares7.6 BB
Net Income10 B10.5 B
Net Income Per Share 1.94  2.04 
Net Income Per E B T 0.88  0.91 
The current year's Net Income From Continuing Ops is expected to grow to about 8.6 B. The current year's Net Income Applicable To Common Shares is expected to grow to about 8 B.
  
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Analyzing Tencent Music's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing Tencent Music's current valuation and future prospects.

Latest Tencent Music's Net Income Growth Pattern

Below is the plot of the Net Income of Tencent Music Entertainment over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Tencent Music Entert financial statement analysis. It represents the amount of money remaining after all of Tencent Music Entertainment operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Tencent Music's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tencent Music's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 8.71 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Tencent Net Income Regression Statistics

Arithmetic Mean2,694,307,647
Geometric Mean799,694,201
Coefficient Of Variation105.25
Mean Deviation2,413,619,862
Median1,833,000,000
Standard Deviation2,835,745,665
Sample Variance8041453.5T
Range7.9B
R-Value0.93
Mean Square Error1093128.3T
R-Squared0.87
Slope524,559,412
Total Sum of Squares128663255.6T

Tencent Net Income History

2026B
20257.6 B
20246.6 B
20234.9 B
20223.7 B
2021B
20204.2 B

Other Fundumenentals of Tencent Music Entert

Tencent Music Net Income component correlations

Tencent Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Tencent Music is extremely important. It helps to project a fair market value of Tencent Stock properly, considering its historical fundamentals such as Net Income. Since Tencent Music's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tencent Music's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tencent Music's interrelated accounts and indicators.
Will Movies & Entertainment sector continue expanding? Could Tencent diversify its offerings? 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. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Tencent Music data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.38
Dividend Share
1.314
Earnings Share
0.97
Revenue Per Share
20.691
Quarterly Revenue Growth
0.206
Tencent Music Entert's market price often diverges from its book value, the accounting figure shown on Tencent's balance sheet. Smart investors calculate Tencent Music's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Tencent Music's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental 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.

Tencent Music 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Tencent Music's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Tencent Music.
0.00
11/05/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/03/2026
0.00
If you would invest  0.00  in Tencent Music on November 5, 2025 and sell it all today you would earn a total of 0.00 from holding Tencent Music Entertainment or generate 0.0% return on investment in Tencent Music over 90 days. Tencent Music is related to or competes with Reddit, Baidu, Chunghwa Telecom, Charter Communications, Live Nation, Nebius Group, and Liberty Live. Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karao... More

Tencent Music Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Tencent Music's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Tencent Music Entertainment upside and downside potential and time the market with a certain degree of confidence.

Tencent Music Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tencent Music's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tencent Music's standard deviation. In reality, there are many statistical measures that can use Tencent Music historical prices to predict the future Tencent Music's volatility.
Hype
Prediction
LowEstimatedHigh
14.2616.6419.02
Details
Intrinsic
Valuation
LowRealHigh
14.9020.8523.23
Details
Naive
Forecast
LowNextHigh
14.2316.6118.99
Details
32 Analysts
Consensus
LowTargetHigh
24.4126.8229.78
Details

Tencent Music February 3, 2026 Technical Indicators

Tencent Music Entert Backtested Returns

Tencent Music Entert owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2 % return per unit of risk over the last 3 months. Tencent Music Entertainment exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tencent Music's Variance of 5.71, risk adjusted performance of (0.14), and Coefficient Of Variation of (509.13) to confirm the risk estimate we provide. The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tencent Music's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tencent Music is expected to be smaller as well. At this point, Tencent Music Entert has a negative expected return of -0.47%. Please make sure to validate Tencent Music's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Tencent Music Entert performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.41  

Average predictability

Tencent Music Entertainment has average predictability. Overlapping area represents the amount of predictability between Tencent Music time series from 5th of November 2025 to 20th of December 2025 and 20th of December 2025 to 3rd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tencent Music Entert price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Tencent Music price fluctuation can be explain by its past prices.
Correlation Coefficient0.41
Spearman Rank Test0.53
Residual Average0.0
Price Variance0.36
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Tencent Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

23.96 Billion

At present, Tencent Music's Accumulated Other Comprehensive Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Tencent Music Entertainment reported net income of 8.71 B. This is much higher than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The net income for all United States stocks is significantly lower than that of the firm.

Tencent Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tencent Music's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tencent Music could also be used in its relative valuation, which is a method of valuing Tencent Music by comparing valuation metrics of similar companies.
Tencent Music is currently under evaluation in net income category among its peers.

Tencent Music Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tencent Music from analyzing Tencent Music's financial statements. These drivers represent accounts that assess Tencent Music's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tencent Music's important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap49.3B92.2B97.4B128.3B115.5B121.3B
Enterprise Value48.0B88.6B89.9B121.2B109.1B114.5B

Tencent Music ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tencent Music's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tencent Music's managers, analysts, and investors.
Environmental
Governance
Social

Tencent Music Institutional Holders

Institutional Holdings refers to the ownership stake in Tencent Music that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Tencent Music's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tencent Music's value.
Shares
Renaissance Technologies Corp2025-06-30
8.4 M
Amvescap Plc.2025-06-30
7.8 M
Goldman Sachs Group Inc2025-06-30
7.6 M
T. Rowe Price Associates, Inc.2025-06-30
7.4 M
Nuveen, Llc2025-06-30
5.9 M
Norges Bank2025-06-30
5.7 M
Ubs Asset Mgmt Americas Inc2025-06-30
5.3 M
Allspring Global Investments Holdings, Llc2025-06-30
4.8 M
Geode Capital Management, Llc2025-06-30
4.5 M
Schroder Investment Management Group2025-06-30
67.9 M
Blackrock Inc2025-06-30
35.7 M

Tencent Fundamentals

About Tencent Music Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tencent Music Entertainment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tencent Music using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tencent Music Entertainment based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
Will Movies & Entertainment sector continue expanding? Could Tencent diversify its offerings? 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. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Tencent Music data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.38
Dividend Share
1.314
Earnings Share
0.97
Revenue Per Share
20.691
Quarterly Revenue Growth
0.206
Tencent Music Entert's market price often diverges from its book value, the accounting figure shown on Tencent's balance sheet. Smart investors calculate Tencent Music's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Tencent Music's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental 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.