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MARKETS / NYSE / TME
NYSE · RADIO BROADCASTING STATIONS · LARGE CAP

Tencent Music Entertainment Group TME

9 fiscal years on record · CNY · FY2024 reported · SEC filings only
CNY 28.4B
▲ 2.3% YoY
CNY 6.6B
▲ 35.0% YoY
CNY 10.0B
▲ 38.8% YoY
Growth
CNY 28.4B
Revenue, FY2024 · full 9-year series below
Revenue CNY B Net income CNY B
FY2024 · Revenue 28.4 · Net income 6.6
20B201620172018201920202021202220232024
Compound annual growth
−3.1%
+2.2%
+29.9%
+10.8%
−17.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +2.2% a year over five years — but profit grew faster: net income at +10.8%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
25 cents
of every revenue dollar became profit
Operating margin Net margin
FY2024 · Operating 30.7% · Net 25.0%
10%20%30%201620172018201920202021202220232024
ROE
FY2024 · ROE 10.7%
5%10%201620172018201920202021202220232024

Each CNY of equity produced 11 cents of profit this year.

Cash & shareholders
CNY 1.9B
returned in FY2024 · dividends + net buybacks
Free cash flow CNY B
FY2024 · FCF 10.0
4B8B201620172018201920202021202220232024
Net buybacks CNY B Dividends CNY B
FY2024 · Dividends — · Net buybacks 1.9
2B201720202021202220232024

CNY 1.9B in buybacks — 29% of the year's profit went back to shareholders.

Total assetsCNY 90.4B
EquityCNY 67.9B
CashCNY 13.2B
Current ratio2.09×

Equity funds 75% of total assets.

The 9-year record
9 fiscal years
Every figure from documents filed with the SEC · CNY

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202420232022202120202019201820172016
Revenue CNY B28.427.828.331.229.225.419.011.04.4
Operating income CNY B8.76.14.43.84.74.62.01.60.1
EBITDA CNY B·········
Income tax CNY B1.60.80.50.40.50.60.20.30.0
Net income CNY B6.64.93.73.04.24.01.81.30.1
Free cash flow CNY B10.07.27.45.14.86.15.52.40.8
EPS, diluted CNY ·········
Dividend / sh CNY ·········
Payout %·······285·
ROE %10.79.57.55.98.79.85.75.1·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 34 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 61 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRadio Broadcasting Stations
Listed onNYSE
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
Data on record since2016

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