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Tencent Music Entertainment Group

TME · Figures in Chinese yuan

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; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group operates as a subsidiary of Tencent Holdings Limited.

tencentmusic.com ↗

Leadership

  • Zhu LiangChief Executive Officer
  • Min HuChief Financial Officer
  • Kar Shun Cussion PangExecutive Chairman
Employees
5,690
Business address
NANSHAN DISTRICT, SHENZHEN, F4
Fiscal year ends
December 31
Listed
NYSE · TME

Price

Share price

Daily closing price. The header shows the latest close, the market cap at that close and the change over the selected range. Hover or tap the chart to read any day.
$8.37
−$15.26 (−64.58%)past year
Market cap
$13.2B
At close
Sep 28, 2026

Share price vs index

Tencent Music Entertainment Group's share price and the index, each as its percentage change since the first day of the selected range. The shading shows the gap: green while Tencent Music Entertainment Group is ahead, orange while it is behind. The values at the end are each one's change over the range.

Revenue mix

Revenue by product

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Revenue reported for each product. The figure at the top of each column is the total of the products shown. Switch to % to see each product's share.

Product growth

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Income statement

Revenue, gross profit and net income

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Income statement

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How revenue becomes net income in the chosen year or quarter. Solid bars are totals; hatched bars are the costs taken off between them.
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Operating leverage

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Revenue growth against operating expense growth, each against the same quarter a year earlier. While revenue grows faster than opex, each extra dollar of sales keeps more profit.

Cash flow

Operating and free cash flow

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Cash flow statement

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Capital allocation

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Operating cash flow above zero; what it was spent on below: capital expenditure, dividends and buybacks.

Balance sheet

Assets, liabilities and equity

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The balance sheet at the end of the chosen year or quarter. What the company owns on the left, against what it owes and what belongs to shareholders on the right. Both columns add up to total assets.

War chest

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Cash and short-term investments held at each quarter end. The figure at the top of each column is the total.