Tencent Music Entertainment Group logo

Tencent Music Entertainment Group (TME) Financials

NYSE NYSE:TME

Market Cap

10.67B

Total Revenue

28.34B

Gross Profit

8.77B

Operating Income

4.44B

Net Income

3.68B

Metric2016201720182019202020212022
4,361,000,00010,981,000,00018,985,000,00025,434,000,00029,153,000,00031,244,000,00028,339,000,000
3,129,000,0007,171,000,00011,708,000,00016,761,000,00019,851,000,00021,840,000,00019,566,000,000
1,232,000,0003,810,000,0007,277,000,0008,673,000,0009,302,000,0009,404,000,0008,773,000,000
--------------
365,000,000913,000,0001,714,000,0002,041,000,0002,475,000,0002,678,000,0001,144,000,000
783,000,0001,521,000,0002,258,000,0002,703,000,0003,101,000,0004,009,000,0004,413,000,000
1,148,000,0002,434,000,0003,972,000,0004,744,000,0005,576,000,0006,687,000,0005,557,000,000
1,139,000,0002,404,000,0003,972,000,0004,744,000,0005,576,000,0006,687,000,0005,557,000,000
103,000,0001,593,000,0002,039,000,0004,622,000,0004,710,000,0002,752,000,0004,443,000,000
-11,000,00098,000,000-1,584,000,000-82,000,000-78,000,000880,000,000-70,000,000
352,000,0001,697,000,0003,305,000,0004,604,000,0004,729,000,0003,753,000,0004,481,000,000
236,000,000379,000,000369,000,000-18,000,00019,000,0001,001,000,00038,000,000
32,000,00093,000,000282,000,000615,000,000622,000,000530,000,000711,000,000
------64,000,00097,000,000121,000,000108,000,000
114,000,0001,597,000,0002,003,000,0004,540,000,0004,632,000,0003,632,000,0004,373,000,000
29,000,000278,000,000171,000,000563,000,000456,000,000417,000,000534,000,000
82,000,0001,326,000,0001,833,000,0003,982,000,0004,155,000,0003,029,000,0003,677,000,000
0.0510.821.192.442.51.821.15
0.050.811.162.382.481.81.14
1,624,827,8241,624,827,8241,538,157,3351,636,377,2021,656,763,9241,660,533,5881,601,997,986
1,636,429,4571,636,429,4571,579,610,4441,673,786,1691,680,230,3801,681,522,8781,617,253,678
4,268,000,0009,575,000,00015,680,000,00021,505,000,00025,427,000,00028,527,000,00025,123,000,000
1,000,0006,000,000-1,583,000,00078,000,000362,000,000553,000,000516,000,000

Key Facts

Industry

Internet Content & Information

Sector

Communication Services

Headquarters

Shenzhen, , CN

CEO

Mr. Zhu Liang

Employees

5805

About the Company

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.