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 income statement 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

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Tencent Music’s data sources below and access millions more through our Disclosure Search.

a. Tencent Music's Annual Report 2024

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All figures in billions of CNY	2024	2023	2022
Revenue from online music services	21.74^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	17.33^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	12.48^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
Revenue from social entertainment services and others	6.66^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	10.43^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	15.86^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 revenues	28.4^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	27.75^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	28.34^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
Cost of revenues	-16.38^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	-17.96^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	-19.57^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
Gross profit	12.03^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	9.8^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	8.77^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
Selling and marketing expenses	-0.87^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	-0.9^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	-1.14^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
General and administrative expenses	-3.81^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	-4.12^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	-4.41^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 operating expenses	-4.68^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	-5.02^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	-5.56^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
Interest income	1.2^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	1.05^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	0.71^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 gains, net	0.17^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	0.23^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	0.52^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
Operating profit	8.71^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	6.06^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	4.44^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
Share of net profit of investments accounted for using equity method	0.1^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	0.13^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	0.04^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
Finance costs	-0.09^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	-0.14^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	-0.11^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
Profit before income tax	8.71^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	6.05^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	4.37^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
Income tax expense	-1.6^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	-0.83^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	-0.53^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
Profit for the year	7.11^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	5.22^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	3.84^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
Attributable to	—	—	—
Equity holders of the Company	6.64^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	4.92^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	3.68^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	0.47^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	0.3^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	0.16^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

Verified Sources Behind Tencent Music’s Financial Fundamentals Data

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