Tencent Music Entertainment Group (TME) Earnings
Price: $14.25
Market Cap: $12.04B
Market Cap: $12.04B
Revenue (TTM): $28.40B
Net Income: $6.64B
Net Income: $6.64B
P/E Ratio: 24.19
EPS (TTM): $2.14
EPS (TTM): $2.14
Earnings Dates
Tencent Music Entertainment Group (TME) reports its earnings quarterly. Here are the key details:
Next Earnings Date
- Date: May 12, 2025
- Time of Day: Before Market Open
- Estimated EPS: $0.19
Last Earnings Report
- Date: March 18, 2025
- EPS: $0.20
- EPS Estimate: $0.19
Tencent Music Entertainment Group's next earnings report is scheduled for May 12, 2025.
In its last earnings report on March 18, 2025, Tencent Music Entertainment Group reported earnings per share (EPS) of $0.20, compared to an estimated EPS of $0.19. The company reported revenue of $1.02B, compared to an estimated revenue of $996.97M.
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-03-18 | $0.19 | $0.20 |
| Read Transcript | Q3 | 2024 | 2024-11-12 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-08-16 | N/A | N/A |
| Read Transcript | Q1 | 2024 | 2024-05-13 | $0.13 | $0.13 |
| Read Transcript | Q4 | 2023 | 2024-03-19 | $0.13 | $0.12 |
| Read Transcript | Q3 | 2023 | 2023-11-14 | $0.11 | $0.10 |
| Read Transcript | Q2 | 2023 | 2023-08-15 | $0.12 | $0.11 |
| Read Transcript | Q1 | 2023 | 2023-05-16 | $0.10 | $0.11 |
| Read Transcript | Q4 | 2022 | 2023-03-21 | $0.11 | $0.10 |
| Read Transcript | Q3 | 2022 | 2022-11-15 | $0.08 | $0.09 |
| Read Transcript | Q2 | 2022 | 2022-08-16 | N/A | N/A |
| Read Transcript | Q1 | 2022 | 2022-05-17 | N/A | N/A |
| Read Transcript | Q4 | 2021 | 2022-03-22 | N/A | N/A |
| Read Transcript | Q3 | 2021 | 2021-11-08 | N/A | N/A |
| Read Transcript | Q2 | 2021 | 2021-08-17 | N/A | N/A |
| Read Transcript | Q1 | 2021 | 2021-05-18 | N/A | N/A |
| Read Transcript | Q4 | 2020 | 2021-03-23 | N/A | N/A |
| Read Transcript | Q3 | 2020 | 2020-11-11 | N/A | N/A |
| Read Transcript | Q2 | 2020 | 2020-08-11 | N/A | N/A |
| Read Transcript | Q1 | 2020 | 2020-05-12 | N/A | N/A |
| Read Transcript | Q4 | 2019 | 2020-03-17 | N/A | N/A |
| Read Transcript | Q3 | 2019 | 2019-11-12 | N/A | N/A |
| Read Transcript | Q2 | 2019 | 2019-08-13 | N/A | N/A |
| Read Transcript | Q1 | 2019 | 2019-05-14 | N/A | N/A |
Earnings History
| Date | EPS | EPS Estimate | Revenue | Revenue Estimate |
|---|---|---|---|---|
| March 18, 2025 | $0.20 | $0.19 | $1.02B | $996.97M |
| November 11, 2024 | $0.16 | $0.17 | $7.01B | $980.86M |
| August 13, 2024 | $0.15 | $0.15 | $7.16B | $983.31M |
| May 13, 2024 | $0.13 | $0.13 | $6.77B | $908.45M |
| March 19, 2024 | $0.12 | $0.13 | $6.89B | $944.21M |
| November 14, 2023 | $0.10 | $0.11 | $6.57B | $867.83M |
| August 15, 2023 | $0.11 | $0.12 | $7.29B | $1.01B |
| May 16, 2023 | $0.11 | $0.10 | $7.00B | $1.00B |
| March 21, 2023 | $0.10 | $0.11 | $7.42B | $1.06B |
| November 15, 2022 | $0.09 | $0.08 | $7.37B | $994.63M |
| August 15, 2022 | $0.08 | $0.07 | $6.91B | $996.70M |
| May 16, 2022 | $0.06 | $0.07 | $6.64B | $1.05B |
| March 21, 2022 | $0.08 | $0.08 | $1.19B | $1.13B |
| November 08, 2021 | $0.09 | $0.07 | $1.21B | $1.16B |
| August 16, 2021 | $0.10 | $0.10 | $1.24B | $1.14B |
| May 17, 2021 | $0.11 | $0.09 | $1.19B | $1.10B |
| March 22, 2021 | $0.12 | $0.12 | $8.34B | $- |
Annual Earnings
Annual Revenue
$28.40B
Fiscal Year 2024Annual Net Income
$6.64B
Fiscal Year 2024Annual EPS
$2.12
Fiscal Year 2024Quarterly Earnings
Revenue
$7.46B
Quarter Ending December 31, 2024Net Income
$1.96B
Quarter Ending December 31, 2024EPS
$0.63
Quarter Ending December 31, 2024Earnings Metrics
Earnings Yield
5.12%
Year Ending December 31, 2024P/E Ratio
19.54
Year Ending December 31, 2024Revenue Per Share
$9.06
Year Ending December 31, 2024Earnings Yield (TTM)
4.13%
Trailing Twelve MonthsP/E Ratio (TTM)
24.19
Trailing Twelve MonthsRevenue Per Share (TTM)
$9.14
Trailing Twelve MonthsFrequently Asked Questions
Tencent Music Entertainment Group's next earnings date is scheduled for May 12, 2025. The earnings call is expected to take place before market open.
In its last earnings report on March 18, 2025, Tencent Music Entertainment Group reported earnings per share (EPS) of $0.20, compared to an estimated EPS of $0.19. The company reported revenue of $1.02B, compared to an estimated revenue of $996.97M.
Tencent Music Entertainment Group's current Price-to-Earnings (P/E) ratio is 19.54. The trailing twelve months (TTM) P/E ratio is 24.19. The P/E ratio is a valuation metric that compares a company's current share price to its earnings per share (EPS). A higher P/E ratio suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E ratio.
For the fiscal year ending December 31, 2024, Tencent Music Entertainment Group reported total revenue of $28.40B and net income of $6.64B. This represents a net profit margin of 0.2339354248.
Tencent Music Entertainment Group's earnings yield is 5.12%. The earnings yield is the inverse of the P/E ratio and represents the percentage of each dollar invested in the stock that was earned by the company.
Tencent Music Entertainment Group's return on equity (ROE) is 9.79%. ROE is a measure of financial performance calculated by dividing net income by shareholders' equity. It measures how effectively management is using a company's assets to create profits.
Tencent Music Entertainment Group's gross profit margin is 42.34%. This indicates that for every dollar of revenue, the company retains $0.42 as gross profit after accounting for the cost of goods sold.
Related Metrics
Explore detailed financial metrics and analysis for TME.