Tencent Music Financials

TME Stock  USD 14.18  0.18  1.29%   
Based on the measurements of operating efficiency obtained from Tencent Music's historical financial statements, Tencent Music Entertainment may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Tencent Music's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 9.5 B, whereas Short and Long Term Debt Total is forecasted to decline to about 3.4 B. Key indicators impacting Tencent Music's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.250.2339
Notably Up
Slightly volatile
Return On Assets0.04120.0735
Way Down
Slightly volatile
Return On Equity0.0530.0979
Way Down
Slightly volatile
Debt Equity Ratio0.06730.0574
Fairly Up
Slightly volatile
Operating Income9.1 B8.7 B
Sufficiently Up
Slightly volatile
Current Ratio2.852.0873
Significantly Up
Slightly volatile
The essential information of the day-to-day investment outlook for Tencent Music includes many different criteria found on its balance sheet. An individual investor should monitor Tencent Music's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Tencent Music.

Cash And Equivalents

11.54 Billion

  
Please note, the presentation of Tencent Music's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tencent Music's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Tencent Music's management manipulating its earnings.

Tencent Music Stock Summary

Tencent Music competes with Baidu, Twilio, Spotify Technology, Weibo Corp, and YY. Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the Peoples Republic of China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited. Tencent Music operates under Internet Content Information classification in the United States and is traded on New York Stock Exchange. It employs 5966 people.
Specialization
Communication Services, Internet Content & Information
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS88034P1093
CUSIP88034P109
LocationChina
Business AddressBuilding D, Shenzhen,
SectorEntertainment
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.tencentmusic.com
Phone86 75 5860 13388
CurrencyUSD - US Dollar

Tencent Music Key Financial Ratios

Tencent Music Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets68.3B67.3B67.0B75.5B90.4B63.5B
Other Current Liab3.8B3.7B6.1B6.1B7.4B4.4B
Other Liab432M547M482M323M371.5M484.3M
Net Tangible Assets24.8B32.7B26.9B23.8B27.3B21.7B
Net Debt(5.6B)(1.2B)(3.6B)(7.5B)(9.3B)(9.7B)
Retained Earnings11.1B14.2B12.1B17.2B20.1B10.5B
Accounts Payable3.6B4.3B5.0B5.0B9.0B9.5B
Cash11.1B6.6B9.6B13.6B13.2B11.6B
Other Assets1.0B1.3B1.1B7.6B8.7B9.2B
Long Term Debt5.2B5.1B5.5B5.6B6.5B6.8B
Net Receivables2.8B3.6B2.7B2.9B3.5B2.6B
Good Will17.5B19.1B19.5B19.5B19.6B19.7B
Long Term Debt Total78M5.4B5.3B5.8B6.7B7.1B
Capital Surpluse34.4B35.0B36.2B36.5B41.9B34.6B
Inventory26M18M24M8M23M17.1M
Other Current Assets2.7B2.5B2.7B3.5B3.8B4.0B
Total Liab15.5B16.2B17.9B18.3B20.7B13.6B
Total Current Assets31.7B26.8B26.6B29.9B34.5B25.6B
Cash And Equivalents9.8B6.5B20M9.6B11.0B11.5B
Short Term Debt103M92M123M115M106M111.0M
Intangible Assets2.0B4.3B4.8B4.5B4.4B3.3B

Tencent Music Key Income Statement Accounts

202020212022202320242025 (projected)
Tax Provision456M417M534M825M948.8M996.2M
Net Interest Income525M409M603M928M1.1B1.1B
Interest Income622M530M641M1.1B1.2B1.3B
Interest Expense97M121M108M124M142.6M149.7M
Total Revenue29.2B31.2B28.3B27.8B28.4B25.0B
Gross Profit9.3B9.4B8.8B9.8B12.0B8.6B
Operating Income4.7B2.8B4.4B6.1B8.7B9.1B
Ebit4.7B3.8B4.5B6.2B7.5B4.4B
Research Development1.7B2.3B2.6B2.5B2.9B3.0B
Ebitda5.6B4.8B5.6B7.2B8.2B5.1B
Cost Of Revenue19.9B21.8B19.6B18.0B16.4B16.4B
Income Before Tax4.6B3.6B4.4B6.0B8.7B4.4B
Net Income4.2B3.0B3.7B4.9B6.6B3.6B
Income Tax Expense456M417M534M825M1.6B1.7B
Minority Interest486M(186M)(162M)(300M)(270M)(256.5M)

Tencent Music Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory8M(6M)10M7M8.1M8.5M
Investments(14.2B)(6.0B)(1.4B)(1.9B)(1.7B)(1.8B)
Change In Cash(4.3B)(4.5B)3.0B4.0B(403M)(382.9M)
Free Cash Flow4.4B2.5B6.4B6.2B10.3B5.4B
Depreciation824M1.0B1.2B1.0B1.2B764.0M
Other Non Cash Items(579M)(418M)(938M)(1.2B)3.0B3.1B
Capital Expenditures286M501M2.8B1.1B1.2B0.0
Net Income4.6B3.6B4.4B6.0B6.6B4.1B
End Period Cash Flow11.1B6.6B9.6B13.6B13.2B11.6B
Change To Netincome2.0B653M730M2.2B2.5B2.7B

Tencent Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Tencent Music's current stock value. Our valuation model uses many indicators to compare Tencent Music value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tencent Music competition to find correlations between indicators driving Tencent Music's intrinsic value. More Info.
Tencent Music Entertainment is rated below average in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  0.51  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tencent Music Entertainment is roughly  1.98 . At present, Tencent Music's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Tencent Music by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Tencent Music Entert Systematic Risk

Tencent Music's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tencent Music volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Tencent Music Entert correlated with the market. If Beta is less than 0 Tencent Music generally moves in the opposite direction as compared to the market. If Tencent Music Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tencent Music Entert is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tencent Music is generally in the same direction as the market. If Beta > 1 Tencent Music moves generally in the same direction as, but more than the movement of the benchmark.

Tencent Music Thematic Clasifications

Tencent Music Entertainment is part of several thematic ideas from Music and Video to Communication. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Tencent Music Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tencent Music's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Tencent Music growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.5

At present, Tencent Music's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Tencent Music March 26, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Tencent Music help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tencent Music Entertainment. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tencent Music Entertainment based on widely used predictive technical indicators. In general, we focus on analyzing Tencent Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tencent Music's daily price indicators and compare them against related drivers.

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When running Tencent Music's price analysis, check to measure Tencent Music's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tencent Music is operating at the current time. Most of Tencent Music's value examination focuses on studying past and present price action to predict the probability of Tencent Music's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tencent Music's price. Additionally, you may evaluate how the addition of Tencent Music to your portfolios can decrease your overall portfolio volatility.
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