Invesaro

Stocks Consumer discretionary TME

NYSE · Consumer discretionary

Tencent Music Entertainment Group (TME)

Tencent Music Entertainment Group reported revenue of CN¥28.4B in fiscal 2024, up 2.3% from a year earlier. Net income was CN¥6.6B, a net margin of 23.4%. Operating cash flow minus capital spending left CN¥10B of free cash flow in fiscal 2024. At December 31, 2024 it held CN¥13.2B in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 17, 2026.

Watch TME in 60 seconds
Price
$8.37
-0.24% on the day · September 28, 2026
52-week range $7.70 to $24.25
Market cap
$13.2B
Revenue (FY2024)
CN¥28.4B
+2.3% year on year
Net margin
23.4%

What Tencent Music Entertainment Group does

Tencent Music Entertainment Group is registered with the SEC under industry code SIC 4832 (Radio Broadcasting Stations). Its shares trade on NYSE under the ticker TME.

Revenue and profit by year

Revenue
FY18: CN¥11B CN¥11B FY18FY18: CN¥19B CN¥19B FY18FY19: CN¥25.4B CN¥25.4B FY19FY20: CN¥29.2B CN¥29.2B FY20FY21: CN¥31.2B CN¥31.2B FY21FY22: CN¥28.3B CN¥28.3B FY22FY23: CN¥27.8B CN¥27.8B FY23FY24: CN¥28.4B CN¥28.4B FY24
Net income
FY18: CN¥1.3B CN¥1.3B FY18FY18: CN¥1.8B CN¥1.8B FY18FY19: CN¥4B CN¥4B FY19FY20: CN¥4.2B CN¥4.2B FY20FY21: CN¥3B CN¥3B FY21FY22: CN¥3.7B CN¥3.7B FY22FY23: CN¥4.9B CN¥4.9B FY23FY24: CN¥6.6B CN¥6.6B FY24

Fiscal years as reported in annual reports. Amounts in CNY.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2024CN¥28.4BCN¥8.7BCN¥6.6Bn/aCN¥10B
2023CN¥27.8BCN¥6.1BCN¥4.9Bn/aCN¥7.2B
2022CN¥28.3BCN¥4.4BCN¥3.7Bn/aCN¥7.4B
2021CN¥31.2BCN¥3.8BCN¥3Bn/aCN¥5.1B
2020CN¥29.2BCN¥4.7BCN¥4.2Bn/aCN¥4.8B
2019CN¥25.4BCN¥4.6BCN¥4Bn/aCN¥6.1B

Full financial statements: income, balance sheet and cash flow

Where TME ranks in Consumer discretionary

Revenue growth+2.3%
#532 of 950 in Consumer discretionary · Bottom 44%
Net margin23.4%
#52 of 966 in Consumer discretionary · Top 5%
Free cash flow margin35.1%
#16 of 850 in Consumer discretionary · Top 2%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Consumer discretionary

Dividends

It paid out CN¥1.5B in cash dividends, 23% of its net income.

Fiscal yearPer sharePaid outOf profit
2024n/aCN¥1.5B23%
2022n/aCN¥00%
2021n/aCN¥00%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Tencent Music Entertainment Group has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 11, 2026
  2. September 11, 2026
  3. September 4, 2026
  4. September 4, 2026
  5. September 3, 2026
  6. September 3, 2026
  7. September 1, 2026
  8. September 1, 2026
  9. September 1, 2026
  10. September 1, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on March 18, 2026. Insider transactions on SEC

Insider trades

What the people running Tencent Music Entertainment Group did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns TME

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Tencent Holdings Limited13G, passive with 1 related filers 55.5% 1,817,399,419 August 14, 2026

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

No insider reported holdings on a Form 4 in the last 12 months.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about TME

What does Tencent Music Entertainment Group do?

Tencent Music Entertainment Group is registered with the SEC under industry code SIC 4832 (Radio Broadcasting Stations). Its shares trade on NYSE under the ticker TME.

Is Tencent Music Entertainment Group profitable?

Yes. In fiscal 2024 it reported net income of CN¥6.6B on revenue of CN¥28.4B, a net margin of 23.4%.

How much revenue does Tencent Music Entertainment Group make?

In fiscal 2024 Tencent Music Entertainment Group reported revenue of CN¥28.4B. That is 2.3% more than a year earlier.

When did Tencent Music Entertainment Group last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 17, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 11, 2026.

Similar companies

Compare TME with

Compare TME with any company

Follow TME

Get an email when Tencent Music Entertainment Group files with the SEC: results, executive changes, material agreements and annual reports.

Follow TME: get an email when it files

Where the numbers come from

Financial figures are the values Tencent Music Entertainment Group tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.