Tencent Music Entertainment Group
Research Tencent Music Entertainment Group (TME) on Bullrun: market cap USD 14.31B, P/E 10.7, dividend yield 2.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerTME
- ExchangeNYSE
- CountryChina
- SectorCommunication Services
- IndustryInternet Content & Information
- CurrencyUSD
- Market capUSD 14.31B
- P/E10.7
- Dividend yield2.8%
- Financial periodQ1 2026
- RevenueCNY 7.90B
- Net incomeCNY 2.09B
- Free cash flowCNY 2.33B
- Gross margin44.9%
Valuation Snapshot
latest market cap is USD 14.31B; P/E is 10.7; dividend yield is 2.8%.
Peer valuation comparison
Latest P/E is 10.67x versus a Communication Services sector median of 16.43x (35.0% below).
Latest dividend yield is 2.77% versus a Communication Services sector median of 3.46% (19.8% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CNY 32.90B | CNY 11.06B | CNY 9.04B | 44.2% | 7.14 | CNY 8.47B | CNY 3.81B | CNY 80.29B |
| FY2024 | CNY 28.40B | CNY 6.64B | CNY 9.24B | 42.3% | 4.26 | CNY 13.16B | CNY 6.05B | CNY 67.86B |
| FY2023 | CNY 27.75B | CNY 4.92B | CNY 6.17B | 35.3% | 3.12 | CNY 13.57B | CNY 6.05B | CNY 55.91B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 14.31B | 10.7 | 2.7% | 0.24 |
| 2025 | 2025-12-31 | USD 27.17B | 17.4 | n/a | n/a |
| 2024 | 2024-12-31 | USD 17.49B | 19.2 | 1.2% | 0.14 |
| 2023 | 2023-12-29 | USD 15.46B | 21.0 | n/a | n/a |
| 2022 | 2022-12-30 | USD 14.04B | 28.6 | n/a | n/a |
| 2021 | 2021-12-31 | USD 11.61B | 24.5 | n/a | n/a |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.24 USD, yield 2.8%.
About Tencent Music Entertainment Group
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos;
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Frequently asked questions
What is Tencent Music Entertainment Group's market cap?
Tencent Music Entertainment Group's market capitalization is USD 14.31B.
What is Tencent Music Entertainment Group's P/E ratio?
Tencent Music Entertainment Group's price-to-earnings (P/E) ratio is 10.7.
Does Tencent Music Entertainment Group pay a dividend?
Tencent Music Entertainment Group has a dividend yield of 2.8%.
What does Tencent Music Entertainment Group do?
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China.