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Tencent Music Entertainment Group (TME)

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12.53 +0.21 +1.70%

24/04 - Closed. Currency in USD ( Disclaimer )

After Hours

12.31

-0.22

-1.76%

0:56:06 - Real-time Data

Volume: 7,545,041
Bid/Ask: 12.29 / 12.58
Day's Range: 12.41 - 12.62

Type: Equity

Market: United States

NYSE:TME Financials

This summary provides an overview of the most significant critical numbers from each of the Tencent Music Entertainment Group financial reports, including theTencent Music Entertainment Group income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health.

Investors can select to view data from four periods of either annual or quarterly information, allowing them to track the NYSE:TME financials over time via breakdowns of their annual reports.

Tencent Music Entertainment Group reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported revenue was CNY 6,893 million compared to CNY 7,425 million a year ago. Net income was CNY 1,306 million compared to CNY 1,151 million a year ago.

Annual Quarterly

InvestingPro

Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

TME Income Statement & Profits

Gross margin TTM 35.29%

Operating margin TTM 18.04%

Net Profit margin TTM 17.73%

Return on Investment TTM 7.43%

Total Revenue Net Income

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Revenue	6893	6569	7286	7004
Gross Profit	2641	2342	2497	2315
Operating Income	1437	1152	1274	1144
Net Income	1306	1168	1298	1148

TME Balance Sheet

Quick Ratio MRQ 2.2

Current Ratio MRQ 2.49

LT Debt to Equity MRQ 10.08%

Total Debt to Equity MRQ 10.82%

Total Assets Total Liabilities

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Assets	75536	72956	72466	69113
Total Liabilities	18334	17788	17754	17050
Total Equity	57202	55168	54712	52063

%ENGLISH_NAME% Latest Cash Flow Statement

Cash Flow/Share TTM 4.71

Revenue/Share TTM 17.8

Operating Cash Flow 16.46%

Cash Net Change in Cash

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities	1977	1441	2067	1852
Cash From Investing Activities	-193	-1142	-1339	811
Cash From Financing Activities	-576	-849	-33	-80
Net Change in Cash	1186	-569	821	2574

* In Millions of CNY (except for per share items)

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View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

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TME Price Commentary

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khalid khan Dec 20, 2021 8:24

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Any recent thoughts on this? No comments since July?

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Ken Laing Jul 23, 2021 16:01

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Crazy undervalued stock. All you have to do is buy and hold, easy money

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DOMINIC the BOY Jul 23, 2021 16:01

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this is so crazy.... why is the stock so bullish? I just don't understand

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Ken Laing Jul 23, 2021 16:01

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DOMINIC the BOY rock solid balance sheet and plenty of room for growth. Losing the exclusive license rights wont matter in the long term as they will dominate the this sector in China

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Ken Laing Jun 07, 2021 16:45

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One of best growth stocks atm. 50%-100% upside if you are long term investor

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DOMINIC the BOY Jun 07, 2021 16:45

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this share never move. I bought at usd21.... not sure if ever will reach back to this figure. what do u think?

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Anon Anon Mar 28, 2021 8:24

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Correction like this is healthy for the market. It should happen more often especially on forthy tech stocks

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stefano colombo Jan 12, 2021 12:23

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Soaring soon !

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Lou Stox Aug 10, 2020 14:13

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What will happen today?

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Stanley Phan Dec 14, 2018 17:20

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post ipo price dump before stabilizing

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Gabriel Nagy Dec 12, 2018 16:30

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What do u think abou it

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Gabriel Nagy Dec 12, 2018 16:30

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What do u think abou it?

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