9.62

02.77 (00.29%)

As of Mar 06, 2024

TENCENT MUSIC ENTERTAINMENT GROUP [TME]

As of Apr 18, 2024 | Source: Annual Report to the SEC

Company Overview

Tencent Music Entertainment Group is to create endless possibilities with music and technology. Through technology-empowered product innovation, we remain committed to offering users more diverse and engaging music experiences and providing greater support to musicians and partners in the journey of music creation, production, and distribution.

Country United States
Phone Number 86 755 86013388
Industry Communications
Employees 5185
CEO Zhu Liang
Website ir.tencentmusic.com
Recent Stories
Tencent Music Entertainment Group posted profit of 3,215 M revenue of 31,244 M

Tencent Music Entertainment Group [TME] As of Apr 26, 2022| Source: Report to the SEC Music is a universal passion. No matter who we are, or where we come from, we all have our favorite songs, albums ...

Tencent-led Consortium To Acquire Equity Stake In Universal Music Group

A Tencent-led Consortium, consisting Tencent Music Entertainment Group and certain global financial investors, has agreed to acquire a 10 percent equity stake in Universal Music Group from Vivendi at...

Financial Overview
Revenue 27,752 M
Operating Revenue 6,059 M
Profits 5,220 M
Net Cash 3,936 M
Management Effectiveness
Return on Equity 9.13%
Return on Assets 6.91%
Turnover Ratio 0.39 M
EBIT 6,059 M
Profit Ratios
Gross Margin 9,795 M
Operating Margin 21.83%
Profit as % of Revenues 187.64%
Profit as % of Assets 7.32%
Profit as % of Stockholder Equity 9.13%
Balance Sheet and Cash Flow Measures
Total Assets 75,536 M
Total Liabilities 18,334 M
Operating Cash Flow 7,337 M
Investing Cash Flow -1,863 M
Financing Cash Flow -1,538 M