Tencent Music Entertainment Group revenue and financials
$31.10Change from previous close: +0.52%Absolute change: +$0.16
In the fiscal year ended December 2025, Tencent Music Entertainment Group reported revenue of ¥32.9B (+15.85% year over year). Net income was ¥11.06B, a net margin of 33.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +15.85%
- 2025 vs 2024
- Net income growth
- +66.41%
- 2025 vs 2024
- Net margin
- 33.6%
- 2024: 23.4%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 10,231 | 10,275 | 7,337 | 7,481 | — |
| Depreciation and amortization | 1,375 | 978 | 1,004 | 1,160 | — |
| Capital expenditure | -1,188 | -1,032 | -1,164 | -1,053 | — |
| Investing cash flow | -10,227 | -6,818 | -1,863 | -1,446 | — |
| Financing cash flow | -4,649 | -3,830 | -1,538 | -3,419 | — |
| Dividends paid | -1,981 | -1,508 | 0.0 | 0.0 | — |
| Share repurchases | -390 | -1,925 | -1,249 | -3,127 | — |
| Debt issued | — | — | — | 0.0 | 0.0 |
| Debt repaid | -2,255 | -134 | -116 | -130 | — |
| Effect of exchange rates | -49.0 | -30.0 | 76.0 | 348 | — |
| Net change in cash | -4,645 | -373 | 3,936 | 2,616 | — |
| Free cash flow | 9,043 | 9,243 | 6,173 | 6,428 | — |