Tencent Music Entertainment Group (HKG:1698)
36.58
+0.66 (1.84%)
Apr 29, 2026, 4:08 PM HKT
HKG:1698 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Revenue | 32,902 | 28,401 | 27,752 | 28,339 | 31,244 | Upgrade
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| Revenue Growth (YoY) | 15.85% | 2.34% | -2.07% | -9.30% | 7.17% | Upgrade
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| Cost of Revenue | 18,367 | 16,376 | 17,957 | 19,566 | 21,840 | Upgrade
|
| Gross Profit | 14,535 | 12,025 | 9,795 | 8,773 | 9,404 | Upgrade
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| Selling, General & Admin | 4,857 | 4,676 | 5,018 | 5,557 | 6,687 | Upgrade
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| Other Operating Expenses | -117 | -221 | -222 | -334 | -423 | Upgrade
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| Operating Expenses | 4,740 | 4,455 | 4,796 | 5,223 | 6,264 | Upgrade
|
| Operating Income | 9,795 | 7,570 | 4,999 | 3,550 | 3,140 | Upgrade
|
| Interest Expense | -122 | -124 | -124 | -115 | -120 | Upgrade
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| Interest & Investment Income | 1,227 | 1,213 | 1,067 | 725 | 557 | Upgrade
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| Earnings From Equity Investments | 42 | 96 | 127 | 38 | -47 | Upgrade
|
| Currency Exchange Gain (Loss) | -7 | 30 | -17 | 7 | -1 | Upgrade
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| EBT Excluding Unusual Items | 10,935 | 8,785 | 6,052 | 4,205 | 3,529 | Upgrade
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| Gain (Loss) on Sale of Investments | 2,348 | -102 | -11 | 26 | 105 | Upgrade
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| Gain (Loss) on Sale of Assets | - | - | - | 1 | -10 | Upgrade
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| Other Unusual Items | -6 | 29 | 4 | 141 | 8 | Upgrade
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| Pretax Income | 13,277 | 8,712 | 6,045 | 4,373 | 3,632 | Upgrade
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| Income Tax Expense | 1,924 | 1,603 | 825 | 534 | 417 | Upgrade
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| Earnings From Continuing Operations | 11,353 | 7,109 | 5,220 | 3,839 | 3,215 | Upgrade
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| Minority Interest in Earnings | -297 | -465 | -300 | -162 | -186 | Upgrade
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| Net Income | 11,056 | 6,644 | 4,920 | 3,677 | 3,029 | Upgrade
|
| Net Income to Common | 11,056 | 6,644 | 4,920 | 3,677 | 3,029 | Upgrade
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| Net Income Growth | 66.41% | 35.04% | 33.80% | 21.39% | -27.10% | Upgrade
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| Shares Outstanding (Basic) | 1,534 | 1,542 | 1,561 | 1,602 | 1,661 | Upgrade
|
| Shares Outstanding (Diluted) | 1,554 | 1,565 | 1,584 | 1,617 | 1,682 | Upgrade
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| Shares Change (YoY) | -0.70% | -1.18% | -2.04% | -3.82% | 0.08% | Upgrade
|
| EPS (Basic) | 7.21 | 4.31 | 3.15 | 2.30 | 1.82 | Upgrade
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| EPS (Diluted) | 7.12 | 4.24 | 3.10 | 2.28 | 1.80 | Upgrade
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| EPS Growth | 67.92% | 36.77% | 35.97% | 26.67% | -27.42% | Upgrade
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| Free Cash Flow | 9,926 | 9,956 | 7,172 | 7,396 | 5,080 | Upgrade
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| Free Cash Flow Per Share | 6.39 | 6.36 | 4.53 | 4.57 | 3.02 | Upgrade
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| Dividend Per Share | 1.679 | 1.314 | 0.972 | - | - | Upgrade
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| Dividend Growth | 27.77% | 35.23% | - | - | - | Upgrade
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| Gross Margin | 44.18% | 42.34% | 35.30% | 30.96% | 30.10% | Upgrade
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| Operating Margin | 29.77% | 26.65% | 18.01% | 12.53% | 10.05% | Upgrade
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| Profit Margin | 33.60% | 23.39% | 17.73% | 12.97% | 9.70% | Upgrade
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| Free Cash Flow Margin | 30.17% | 35.05% | 25.84% | 26.10% | 16.26% | Upgrade
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| EBITDA | 10,919 | 8,287 | 5,862 | 4,710 | 4,141 | Upgrade
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| EBITDA Margin | 33.19% | 29.18% | 21.12% | 16.62% | 13.25% | Upgrade
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| D&A For EBITDA | 1,124 | 717 | 863 | 1,160 | 1,001 | Upgrade
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| EBIT | 9,795 | 7,570 | 4,999 | 3,550 | 3,140 | Upgrade
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| EBIT Margin | 29.77% | 26.65% | 18.01% | 12.53% | 10.05% | Upgrade
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| Effective Tax Rate | 14.49% | 18.40% | 13.65% | 12.21% | 11.48% | Upgrade
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| Revenue as Reported | 32,902 | 28,401 | 27,752 | 28,339 | 31,244 | Upgrade
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| Advertising Expenses | 672 | 611 | 603 | 852 | 2,387 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.