profit from every $100 of sales.
$0$100
Tencent Music Entertainment Group
$9.05+0.33% today
-51.6% in 1 year
1-year low $7.741-year high $18.93
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $8.89 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Tencent Music Entertainment Group sold, what it kept, and what it did with the cash.
Sales went from CN¥28.3 billion in 2022 to CN¥32.9 billion in 2025, with CN¥11.1 billion of profit last year.
SalesProfit
Tencent Music Entertainment Group handed back 26% of the cash it generated last year.
CN¥2.0B
Free cash flow 2025CN¥9.0B
Bought back its own sharesCN¥390M
Paid as dividendsCN¥2.0B
Cash vs. debtCN¥8.5B vs. CN¥3.8B
Tencent Music Entertainment Group vs. similar companies
Tencent Music Entertainment Group grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Tencent Music Entertainment Group | 8.9× · Cheap | ||
 Alphabet | 27.5× · Fair price | ||
 Meta | 27.1× · Fair price | ||
 Tencent Holdings | 13.1× · Cheap | ||
 Recruit | 59.6× · Expensive |
AI analysis
An AI analyst reads Tencent Music Entertainment Group's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 28,339 | 27,752 | 28,401 | 32,902 | |
| 8,773 | 9,795 | 12,025 | 14,535 | |
| 3,532 | 4,972 | 7,439 | 9,737 | |
| 5,648 | 7,173 | 9,814 | 14,774 | |
| 3,677 | 4,920 | 6,644 | 11,056 | |
| 2.28 | 3.10 | 4.24 | 7.12 | |
| 31.0% | 35.3% | 42.3% | 44.2% | |
| 12.5% | 17.9% | 26.2% | 29.6% | |
| 13.0% | 17.7% | 23.4% | 33.6% |
Balance sheet
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 67,009 | 75,536 | 90,444 | 102,522 |
| Cash | 9,555 | 13,567 | 13,164 | 8,470 |
| Total debt | 5,965 | 6,048 | 6,051 | 3,813 |
| Total liabilities | 17,882 | 18,334 | 20,718 | 19,472 |
| 48,099 | 55,907 | 67,863 | 80,287 | |
| 1,617 | 1,584 | 1,565 | 1,554 | |
| 6.6% | 7.9% | 9.4% | 12.6% | |
| 7.6% | 8.8% | 9.8% | 13.8% |
Cash flow
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 7,481 | 7,337 | 10,275 | 10,231 | |
| 1,053 | 1,164 | 1,032 | 1,188 | |
| 6,428 | 6,173 | 9,243 | 9,043 | |
| Dividends paid | 0 | 0 | 1,508 | 1,981 |
| 3,127 | 1,249 | 1,925 | 390 | |
| 665 | 649 | 596 | 669 |
Valuation
- 8.9×
- 1.5×
- 0.19
- 1.1×
- 3.0×
- 10.9×
- 6.3×
- 9.2%
- 11.3%
- 2.0%
Profitability
- 44.2%
- 29.6%
- 33.6%
- 34.8%
- 12.9%
- 9.3%
- 11.0%
- 8.8%
- 13.8%
- –
Growth
- +5.1%
- +46.2%
- +6.7%
- –
- −1.3%
Financial health
- -0.3×
- 0.05
- 4.8%
- 109.8×
- 2.22
- 2.08
- 0.33
How it ranks in Communication Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 23%of 436
Top 12%of 438
Top 13%of 347
Bottom 49%of 440
Top 31%of 440
What analysts expect
- Average price target
- $17.82
- Range
- $10.70 – $25.00
- 4 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 12, 2026 | 0.21 | 0.21 | +0.0% |
| Mar 17, 2026 | 0.17 | 0.23 | −24.2% |
| Nov 12, 2025 | 0.22 | 0.21 | +4.8% |
| Aug 12, 2025 | 0.23 | 0.20 | +15.0% |
| May 13, 2025 | 0.19 | 0.19 | +0.0% |
| Mar 18, 2025 | 0.20 | 0.19 | +5.3% |
| Nov 12, 2024 | 0.16 | 0.17 | −5.9% |
| Aug 13, 2024 | 0.15 | 0.15 | −2.6% |
2.0%of the share price, paid each year
On $1,000 invested$20a year at today's yield, before tax
–per share
Raised1 yearin a row, in our data
Paid per share, each year
$0.14 in 2024 → $0.18 in 2025
How safe it looks
17.9% of its profit
Room to growStretchedMore than it earns: 21.9%
News
Alibaba, Tencent shares fall on report U.S. weighs curbs on remote AI chip accessYahoo Finance · Nov 12, 2026SK Hynix, Samsung in discussions with Alibaba, Tencent on DRAM supply: reportSeeking Alpha · Oct 27, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
6/7Passes 6 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
79Pass
Benjamin Graham
92Pass
Philip Fisher
81Pass
Peter Lynch
92Pass
Joel Greenblatt
63Pass
Charlie Munger
69Pass
Terry Smith
57No pass
Questions about Tencent Music Entertainment Group
Is Tencent Music Entertainment Group a good stock to buy?
A strong, very profitable business, and the price looks low. 6 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Tencent Music Entertainment Group AI analysis
What does Tencent Music Entertainment Group do?
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It is in Internet Content & Information, based in Shenzhen, China, with 5,690 employees.
Does Tencent Music Entertainment Group pay a dividend?
Yes. At today's price the dividend is 2.0% a year, about 18% of its yearly profit. In 2025 it paid out $1.98 billion in dividends.
Is Tencent Music Entertainment Group stock halal?
Yes. Tencent Music Entertainment Group passes our halal screen: its business is permitted and its debt is 4% of its market value, under the 30% limit. How we check
How has Tencent Music Entertainment Group stock done over the past year?
Down 51.6% over the past twelve months, to $9.05. It traded between $7.74 and $18.93 and is 52.2% below its high.
Who are Tencent Music Entertainment Group's competitors?
The largest listed companies in the same industry are Alphabet, Meta, Tencent Holdings and Recruit. The peers table on this page compares their profit, growth and price with Tencent Music Entertainment Group's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.