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
Revenue · FY2024
¥28.4B
▲ 2.3% vs FY2023
EPS · FY24
Dividend / sh · FY24
Payout · FY24
ROE · FY24
10.7%
Net margin · FY24
23.4%
Dividend coverage
Advertisement
AdSense · Leaderboard 728×90320×100
Result
CNY 28.4B
Revenue, FY2024 · full 9-year series below
Revenue Net income
816243228.46.62016201920222024
816243228.46.62016201920222024

23 cents of every revenue dollar became profit this year.

Per share
Diluted EPS, FY2024
EPS
0.40.81.22016201920222024
0.40.81.22016201920222024

The company pays no cash dividend.

Profitability
10.7%
Return on equity, FY2024
ROE
481210.7%2016201920222024
481210.7%2016201920222024
Operating margin30.7%
Net margin23.4%
Return on assets8.0%

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

Returned to shareholders
CNY 1.9B
returned in FY2024 · dividends + net buybacks
Dividends paid
Net buybacksCNY 1.9B
Share of profit29.0%
Consecutive raises

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

Growth
+2.2% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−3.1%
+2.2%
Net income
+29.9%
+10.8%
Returned to shareholders
−17.9%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2024
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

Advertisement
AdSense · Leaderboard 728×90300×250
Balance sheet
CNY 90.4B
total assets, end of FY2024
Total assetsCNY 90.4B
EquityCNY 67.9B
CashCNY 13.2B
Current ratio2.09×

Equity funds 75% of total assets.

History
9 fiscal years
Every figure from documents filed with the SEC · CNY
Metric
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue ¥B
28.4
27.8
28.3
31.2
29.2
25.4
19.0
11.0
4.4
Operating income ¥B
8.7
6.1
4.4
3.8
4.7
4.6
2.0
1.6
0.1
EBITDA ¥B
·
·
·
·
·
·
·
·
·
Income tax ¥B
1.6
0.8
0.5
0.4
0.5
0.6
0.2
0.3
0.0
Net income ¥B
6.6
4.9
3.7
3.0
4.2
4.0
1.8
1.3
0.1
EPS, diluted ¥
·
·
·
·
·
·
·
·
·
Dividend / sh ¥
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
285
·
ROE %
10.7
9.5
7.5
5.9
8.7
9.8
5.7
5.1
·
Shares out B
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
25 of 25
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed