TMETencent Music Entertainment Group

Communication Services
$8.38-66% 1Y

The financials

Tencent Music Entertainment Group by the numbers

Tencent Music Entertainment Group (TME) reported revenue of CNY 15.9B in H2 2020 (quarter ended Dec 31, 2020). That came with a gross margin of 32% and net income of CNY 2.33B (15% of revenue). For the full year FY2024, revenue was CNY 28.4B (+2.3% year on year) and net income CNY 6.64B.

Tencent Music Entertainment Group income statement, H2 2020 against the same quarter a year earlier
Income statementH2 2020
RevenueCNY 15.9B
Gross profitCNY 5.16B
Operating incomeCNY 2.56B
Net incomeCNY 2.33B

Internet Content & Information

Ranks #4 of 31 by RyuScore

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