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63T:FRA
Tencent Music Entertainment Group
€3.70
-5.59%
(-0.22) 1D
Jun 4, 8:04:00 PM GMT+2  ·   EUR
All symbols
SymbolPriceChange% Change
Generating top insights for 63T...
Open
€3.70
High
€3.70
Low
€3.70
Mkt. cap
114.01B
Avg. vol.
169.00
Volume
0.00
52-wk high
€11.30
52-wk low
€3.50
No. of employees
6K
Open
€3.70
High
€3.70
Low
€3.70
Mkt. cap
114.01B
Avg. vol.
169.00
Volume
0.00
52-wk high
€11.30
52-wk low
€3.50
No. of employees
6K
News stories
From sources across the web
Profile
Tencent Music Entertainment Group is a company that develops music streaming services for the Chinese market. Tencent Music's apps include QQ Music, KuGou, Kuwo, and WeSing; which have more than 800 million active users and 120 million paying subscribers. As of July 2016, Tencent Music's three services held an estimated 56% market share of music streaming services in China. In the first quarter of 2021, Tencent Music announced it had 60.9 million paying users, up 42.6% compared to the 42.7 million paying users in the first quarter of 2020. In addition, the total number of music streaming users was announced to be 615 million, a drop of 6.4% compared to the first quarter of 2020. Wikipedia
About Tencent Music Entertainment Group
CEO-
Employees5.69K
FoundedJul 2016
HeadquartersNanshan, Guangdong Province, China
SectorEntertainment
Websitetencentmusic.com
Previous reportsAll values in CNY
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in CNY
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Revenue
8.44B
8.46B
8.64B
7.90B
Cost of goods sold
4.69B
4.78B
4.78B
4.35B
Cost of revenue
4.69B
4.78B
4.78B
4.35B
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
1.16B
1.31B
1.25B
1.21B
Operating expense
1.02B
1.22B
3.80B
1.15B
Total operating expenses
5.72B
6.00B
8.57B
5.50B
Operating income
2.72B
2.46B
67.00M
2.40B
Other non operating income
-
-
-
-
EBT including unusual items
2.98B
2.69B
2.77B
2.59B
EBT excluding unusual items
2.98B
2.69B
430.00M
2.59B
Income tax expense
515.00M
477.00M
486.00M
457.00M
Effective tax rate
17.27%
17.74%
17.53%
17.62%
Other operating expenses
-131.00M
-94.00M
2.55B
-64.00M
Net income
2.41B
2.15B
2.20B
2.09B
Net profit margin
28.54%
25.44%
25.49%
26.49%
Earnings per share
-
-
-
-
Interest and investment income
254.00M
245.00M
431.00M
246.00M
Interest expense
-12.00M
-32.00M
-53.00M
-46.00M
Net interest expenses
242.00M
213.00M
378.00M
200.00M
Depreciation and amortization charges
-
-
-
-
EBITDA
2.90B
2.64B
348.00M
2.73B
Gain or loss from assets sale
-
-
-
-
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