Tencent Music Entertainment Group

Common Name

Tencent Music

Country

China (Mainland)

Sector

Communication Services

Industry

Internet Content & Information

Employees

5,353

Ticker

1698

Exchange

HONG KONG EXCHANGES AND CLEARING LTD

Website

www.tencentmusic.com

Description

Tencent Music Entertainment Group operates as a music streaming and entertainment services platform across China. It offers an extensive library of audio content through its major brands, including QQ... Show more

Income Statement Balance Sheet Group Entities

Tencent Music's Financial Statements Preview

Below are the financial statements of Tencent Music, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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Limited Data Preview

You are viewing a limited preview of Tencent Music’s balance sheet data. The reported financial values are complete. The full dataset, available for download, additionally includes structured metadata for each line item, such as line item role (line item, subtotal, total) and financial classification (e.g., assets, liabilities, equity, revenue, expenses).

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Verified Sources Behind Tencent Music’s Financial Fundamentals Data

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a. Tencent Music's Annual Report 2024

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All figures in millions of CNY	2024 as of 2024-12-31	2023 as of 2023-12-31
Assets	—	—
Non-current assets	—	—
Property, plant and equipment	803^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	490^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Land use rights	2,364^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	2,437^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Right-of-use assets	295^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	367^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Intangible assets	2,049^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	2,032^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Goodwill	19,647^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	19,542^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Investments accounted for using equity method	4,669^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	4,274^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Financial assets at fair value through other comprehensive income	14,498^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	6,540^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Other investments	309^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	307^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Prepayments, deposits and other assets	425^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	540^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Deferred tax assets	422^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	352^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Term deposits	10,419^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	8,719^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Non-current assets	55,900^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	45,600^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Current assets	—	—
Inventories	23^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	8^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Accounts receivable	3,508^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	2,918^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Prepayments, deposits and other assets	3,793^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	3,438^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Other investments	46^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	37^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Term deposits	13,999^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	9,937^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Restricted cash	11^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	31^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Cash and cash equivalents	13,164^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	13,567^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Current assets	34,544^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	29,936^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Total assets	90,444^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	75,536^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Equity	—	—
Equity attributable to equity holders of the Company	—	—
Share capital	2^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	2^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Additional paid-in capital	29,035^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	36,576^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Shares held for share award schemes	-520^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	-302^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Treasury shares	-550^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	-6,996^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Other reserves	19,845^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	9,658^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Retained earnings	20,051^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	16,969^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Equity attributable to equity holders of the Company	67,863^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	55,907^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Non-controlling interests	1,863^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	1,295^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Total equity	69,726^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	57,202^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Liabilities	—	—
Non-current liabilities	—	—
Notes payable	3,572^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	5,636^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Deferred tax liabilities	198^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	239^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Lease liabilities	219^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	297^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Deferred revenue	179^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	148^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Non-current liabilities	4,168^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	6,320^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Current liabilities	—	—
Accounts payable	6,879^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	5,006^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Other payables and other liabilities	3,381^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	3,472^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Notes payables	2,154^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	0^a
Current tax liabilities	934^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	567^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Lease liabilities	106^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	115^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Deferred revenue	3,096^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	2,854^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Current liabilities	16,550^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	12,014^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Total liabilities	20,718^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	18,334^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial
Total equity and liabilities	90,444^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial	75,536^a Trace this value back to its sources Source traceability is available with an active trial or subscription. Start your 30-day free trial to view source references. No credit card required. Start Free Trial

Tencent Music Entertainment Group

Tencent Music's Financial Statements Preview

Tencent Music's Financial Statements Preview

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