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Tencent Music Entertainment Group

HKD 31.68 -$37.97 (-54.52%)

HKSE · 15 Sep 2026 08:08 UTC

Previous Close

HKD 31.78

Day Range

HKD 31.6HKD 32.5

Year Range

HKD 30.62HKD 103.2

Market Cap

97.62B

AVG Volume

1.89M

Trailing/Forward PE

9.48/10.01

PEG ratio

1.22

Dividend Yield

2.97%

Next Earnings Date

2026-11-17

Primary Exchange

Hong Kong Stock Exchange

Revenue (CNY)

1698.HK Revenue (CNY) by year
Period	Revenue (CNY)
2025	32.77B
2024	28.4B
2023	27.75B
2022	28.34B
2021	31.24B
2020	29.15B
2019	25.43B
2018	18.98B

Net Income (CNY)

1698.HK Net Income (CNY) by year
Period	Net Income (CNY)
2025	11.02B
2024	6.64B
2023	4.92B
2022	3.68B
2021	3.03B
2020	4.16B
2019	3.98B
2018	1.83B

Operating Income (CNY)

1698.HK Operating Income (CNY) by year
Period	Operating Income (CNY)
2025	14B
2024	8.71B
2023	6.06B
2022	4.44B
2021	3.8B
2020	4.71B
2019	4.62B
2018	2.04B

EBITDA (CNY)

1698.HK EBITDA (CNY) by year
Period	EBITDA (CNY)
2025	14.4B
2024	8.84B
2023	6.17B
2022	4.79B
2021	3.91B
2020	4.73B
2019	4.6B
2018	2.04B

Cash Flows (CNY)

1698.HK Cash Flows (CNY) by year
Period	Cash Flows (CNY)
2025	7.84B
2024	9.96B
2023	7.17B
2022	7.4B
2021	4.88B
2020	4.78B
2019	6.11B
2018	5.63B

EPS (CNY)

1698.HK EPS (CNY) by year
Period	EPS (CNY)
2025	3.56
2024	2.13
2023	1.56
2022	1.13
2021	0.89
2020	1.23
2019	1.19
2018	0.55

Expenses (CNY)

1698.HK Expenses (CNY) by year
Period	Expenses (CNY)
2025	7.43B
2024	5B
2023	5.18B
2022	5.64B
2021	7.05B
2020	5.68B
2019	4.84B
2018	3.97B

Cash & Debt (CNY)

1698.HK Cash & Debt (CNY) by year
Period	Cash & Debt (CNY)
2025	24.34B
2024	27.21B
2023	23.54B
2022	20.88B
2021	20.43B
2020	26.02B
2019	22.47B
2018	17.44B

Debt ratios

1698.HK Debt ratios by year
Period	Debt ratios
2025	-0.6
2024	-0.89
2023	-0.89
2022	-0.83
2021	-0.99

Margins

1698.HK Margins by year
Period	Margins
2025	47.22%
2024	42.34%
2023	35.29%
2022	30.96%
2021	30.1%
2020	31.91%
2019	34.1%
2018	38.33%

Return on Capital

1698.HK Return on Capital by year
Period	Return on Capital
2025	13.27%
2024	9.53%
2023	8.6%
2022	7.48%
2021	5.93%
2020	7.88%
2019	9.12%
2018	4.85%

Shares Outstanding

1698.HK Shares Outstanding by year
Period	Shares Outstanding
2025	3.08B
2024	3.08B
2023	3.1B
2022	3.14B
2021	3.28B
2020	3.34B
2019	3.36B
2018	3.13B

Dividends (CNY)

1698.HK Dividends (CNY) by year
Period	Dividends (CNY)
2026	0.94
2025	0.7
2024	0.53

Book Value Per Share (CNY)

1698.HK Book Value Per Share (CNY) by year
Period	Book Value Per Share (CNY)
2025	26.98
2024	22.67
2023	18.43
2022	15.63
2021	15.54
2020	15.81
2019	13.02
2018	12.08

Total Assets (CNY)

1698.HK Total Assets (CNY) by year
Period	Total Assets (CNY)
2025	102.57B
2024	90.44B
2023	75.54B
2022	67.01B
2021	67.25B
2020	68.27B
2019	52.68B
2018	44.6B

PE Ratio

1698.HK PE Ratio by year
Period	PE Ratio
Sep 26	9.51
Sep 26	9.27
Sep 26	9.76
Aug 26	10.24
Aug 26	10.36
Aug 26	10.1
Aug 26	11.25
Jul 26	11.6
Jul 26	10.37
Jul 26	11.07
Jul 26	10.6
Jul 26	10.51
Jun 26	7.62
Jun 26	8.19
Jun 26	8.77
Jun 26	8.66
May 26	8.53
May 26	8.68
May 26	8.21
May 26	9.08
Apr 26	8.54
Apr 26	8.98
Apr 26	9.65
Apr 26	8.98
Apr 26	8.71
Mar 26	9.77
Mar 26	10.27
Mar 26	13.75
Mar 26	13.98
Feb 26	14.38
Feb 26	14.9
Feb 26	15.04
Feb 26	16.13
Jan 26	16.81
Jan 26	16.37
Jan 26	16.58
Jan 26	17.74
Jan 26	18.03
Dec 25	17.99
Dec 25	18.41
Dec 25	18.81
Dec 25	19.18
Nov 25	18.69
Nov 25	18.23
Nov 25	19.54
Nov 25	23.67
Oct 25	23.77
Oct 25	24.57
Oct 25	23.33
Oct 25	24.69
Oct 25	24.33
Sep 25	26.56
Sep 25	28.28
Sep 25	29.15
Sep 25	28.37
Aug 25	28.84
Aug 25	28.94
Aug 25	29.44
Aug 25	25.18
Aug 25	23.79
Jul 25	24.57
Jul 25	25.76
Jul 25	23.09
Jul 25	22.66
Jun 25	30.75
Jun 25	30.98
Jun 25	30.76
Jun 25	28.88
May 25	28.84
May 25	28.53
May 25	27.44
May 25	24.2
May 25	23.45
Apr 25	22.56
Apr 25	21.65
Apr 25	21.92
Apr 25	23.53
Mar 25	27.56
Mar 25	26.92
Mar 25	23.52
Mar 25	25.36
Feb 25	23.58
Feb 25	25.06
Feb 25	24.19
Feb 25	23.12
Jan 25	21.61
Jan 25	20.31
Jan 25	19.56
Jan 25	20.12
Jan 25	21.32
Dec 24	23.68
Dec 24	25.01
Dec 24	24.16
Dec 24	24.78
Nov 24	22.59
Nov 24	22.39
Nov 24	21.83
Nov 24	22.9
Nov 24	22.1
Oct 24	22.52

Free Cash Flow Yield

1698.HK Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	9.14%
Sep 26	9.38%
Sep 26	8.91%
Aug 26	8.48%
Aug 26	8.39%
Aug 26	8.6%
Aug 26	7.73%
Jul 26	7.49%
Jul 26	8.39%
Jul 26	7.86%
Jul 26	8.2%
Jul 26	8.27%
Jun 26	9.33%
Jun 26	8.68%
Jun 26	8.11%
Jun 26	8.21%
May 26	8.34%
May 26	8.19%
May 26	8.66%
May 26	7.84%
Apr 26	8.32%
Apr 26	7.92%
Apr 26	7.37%
Apr 26	7.92%
Apr 26	8.16%
Mar 26	9.47%
Mar 26	9.01%
Mar 26	6.73%
Mar 26	6.62%
Feb 26	6.43%
Feb 26	6.21%
Feb 26	6.15%
Feb 26	5.74%
Jan 26	5.5%
Jan 26	5.65%
Jan 26	5.58%
Jan 26	5.22%
Jan 26	5.13%
Dec 25	5.14%
Dec 25	5.02%
Dec 25	4.92%
Dec 25	4.82%
Nov 25	4.95%
Nov 25	5.08%
Nov 25	4.73%
Nov 25	3.5%
Oct 25	3.49%
Oct 25	3.37%
Oct 25	3.55%
Oct 25	3.35%
Oct 25	3.41%
Sep 25	3.87%
Sep 25	3.64%
Sep 25	3.53%
Sep 25	3.63%
Aug 25	3.57%
Aug 25	3.56%
Aug 25	3.5%
Aug 25	4.09%
Aug 25	4.32%
Jul 25	4.19%
Jul 25	4%
Jul 25	4.46%
Jul 25	4.54%
Jun 25	4.87%
Jun 25	4.84%
Jun 25	4.87%
Jun 25	5.19%
May 25	5.2%
May 25	5.25%
May 25	5.46%
May 25	6.19%
May 25	6.39%
Apr 25	6.64%
Apr 25	6.92%
Apr 25	6.84%
Apr 25	6.37%
Mar 25	5.82%
Mar 25	5.95%
Mar 25	6.82%
Mar 25	6.32%
Feb 25	6.8%
Feb 25	6.4%
Feb 25	6.63%
Feb 25	6.93%
Jan 25	7.42%
Jan 25	7.89%
Jan 25	8.19%
Jan 25	7.97%
Jan 25	7.52%
Dec 24	6.72%
Dec 24	6.37%
Dec 24	6.59%
Dec 24	6.43%
Nov 24	7.05%
Nov 24	7.11%
Nov 24	7.3%
Nov 24	6.95%
Nov 24	7.21%
Oct 24	7.07%

Price to Sales

1698.HK Price to Sales by year
Period	Price to Sales
Sep 26	2.52
Sep 26	2.45
Sep 26	2.59
Aug 26	2.71
Aug 26	2.74
Aug 26	2.68
Aug 26	2.98
Jul 26	3.07
Jul 26	2.75
Jul 26	2.93
Jul 26	2.81
Jul 26	2.78
Jun 26	2.56
Jun 26	2.75
Jun 26	2.95
Jun 26	2.91
May 26	2.87
May 26	2.92
May 26	2.76
May 26	3.05
Apr 26	2.87
Apr 26	3.02
Apr 26	3.25
Apr 26	3.02
Apr 26	2.93
Mar 26	3.33
Mar 26	3.5
Mar 26	4.69
Mar 26	4.76
Feb 26	4.9
Feb 26	5.08
Feb 26	5.13
Feb 26	5.5
Jan 26	5.73
Jan 26	5.58
Jan 26	5.65
Jan 26	6.05
Jan 26	6.15
Dec 25	6.13
Dec 25	6.28
Dec 25	6.41
Dec 25	6.54
Nov 25	6.37
Nov 25	6.21
Nov 25	6.66
Nov 25	8.01
Oct 25	8.04
Oct 25	8.31
Oct 25	7.89
Oct 25	8.35
Oct 25	8.23
Sep 25	8.71
Sep 25	9.28
Sep 25	9.57
Sep 25	9.31
Aug 25	9.46
Aug 25	9.5
Aug 25	9.66
Aug 25	8.26
Aug 25	7.81
Jul 25	8.06
Jul 25	8.45
Jul 25	7.58
Jul 25	7.43
Jun 25	7.19
Jun 25	7.25
Jun 25	7.2
Jun 25	6.76
May 25	6.75
May 25	6.68
May 25	6.42
May 25	5.66
May 25	5.49
Apr 25	5.28
Apr 25	5.06
Apr 25	5.13
Apr 25	5.5
Mar 25	5.93
Mar 25	5.8
Mar 25	5.06
Mar 25	5.46
Feb 25	5.08
Feb 25	5.4
Feb 25	5.21
Feb 25	4.98
Jan 25	4.65
Jan 25	4.37
Jan 25	4.21
Jan 25	4.33
Jan 25	4.59
Dec 24	4.82
Dec 24	5.09
Dec 24	4.92
Dec 24	5.05
Nov 24	4.6
Nov 24	4.56
Nov 24	4.44
Nov 24	4.66
Nov 24	4.5
Oct 24	4.59

EV/EBITDA

1698.HK EV/EBITDA by year
Period	EV/EBITDA
Sep 26	5.06
Sep 26	4.88
Sep 26	5.23
Aug 26	5.58
Aug 26	5.66
Aug 26	5.48
Aug 26	6.31
Jul 26	6.56
Jul 26	5.67
Jul 26	6.17
Jul 26	5.84
Jul 26	5.77
Jun 26	4.41
Jun 26	4.84
Jun 26	5.29
Jun 26	5.21
May 26	5.1
May 26	5.22
May 26	4.86
May 26	5.52
Apr 26	5.11
Apr 26	5.45
Apr 26	5.96
Apr 26	5.45
Apr 26	5.24
Mar 26	6.7
Mar 26	7.11
Mar 26	10
Mar 26	10.19
Feb 26	10.53
Feb 26	10.96
Feb 26	11.08
Feb 26	11.98
Jan 26	12.55
Jan 26	12.18
Jan 26	12.35
Jan 26	13.32
Jan 26	13.56
Dec 25	13.53
Dec 25	13.88
Dec 25	14.21
Dec 25	14.52
Nov 25	14.11
Nov 25	13.73
Nov 25	14.81
Nov 25	18.1
Oct 25	18.18
Oct 25	18.84
Oct 25	17.83
Oct 25	18.94
Oct 25	18.64
Sep 25	19.74
Sep 25	21.14
Sep 25	21.84
Sep 25	21.21
Aug 25	21.58
Aug 25	21.67
Aug 25	22.07
Aug 25	18.63
Aug 25	17.5
Jul 25	18.13
Jul 25	19.09
Jul 25	16.93
Jul 25	16.58
Jun 25	20.72
Jun 25	20.9
Jun 25	20.74
Jun 25	19.32
May 25	19.29
May 25	19.06
May 25	18.24
May 25	15.8
May 25	15.24
Apr 25	14.57
Apr 25	13.88
Apr 25	14.09
Apr 25	15.3
Mar 25	17.63
Mar 25	17.16
Mar 25	14.64
Mar 25	16.01
Feb 25	14.68
Feb 25	15.78
Feb 25	15.13
Feb 25	14.34
Jan 25	13.22
Jan 25	12.25
Jan 25	11.7
Jan 25	12.11
Jan 25	13
Dec 24	15.38
Dec 24	16.38
Dec 24	15.75
Dec 24	16.21
Nov 24	14.56
Nov 24	14.4
Nov 24	13.98
Nov 24	14.79
Nov 24	14.19
Oct 24	14.51

Price/Operating Cashflow

1698.HK Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	8.17
Sep 26	7.96
Sep 26	8.38
Aug 26	8.8
Aug 26	8.9
Aug 26	8.68
Aug 26	9.67
Jul 26	9.97
Jul 26	8.91
Jul 26	9.51
Jul 26	9.11
Jul 26	9.03
Jun 26	8.05
Jun 26	8.65
Jun 26	9.27
Jun 26	9.15
May 26	9.01
May 26	9.17
May 26	8.68
May 26	9.59
Apr 26	9.03
Apr 26	9.49
Apr 26	10.19
Apr 26	9.49
Apr 26	9.2
Mar 26	10.23
Mar 26	10.76
Mar 26	14.4
Mar 26	14.64
Feb 26	15.06
Feb 26	15.61
Feb 26	15.76
Feb 26	16.89
Jan 26	17.61
Jan 26	17.15
Jan 26	17.36
Jan 26	18.58
Jan 26	18.89
Dec 25	18.85
Dec 25	19.29
Dec 25	19.71
Dec 25	20.09
Nov 25	19.58
Nov 25	19.09
Nov 25	20.47
Nov 25	27.54
Oct 25	27.65
Oct 25	28.58
Oct 25	27.14
Oct 25	28.73
Oct 25	28.3
Sep 25	24.99
Sep 25	26.62
Sep 25	27.44
Sep 25	26.7
Aug 25	27.14
Aug 25	27.24
Aug 25	27.71
Aug 25	23.7
Aug 25	22.39
Jul 25	23.13
Jul 25	24.24
Jul 25	21.73
Jul 25	21.32
Jun 25	19.88
Jun 25	20.04
Jun 25	19.89
Jun 25	18.67
May 25	18.65
May 25	18.45
May 25	17.74
May 25	15.65
May 25	15.16
Apr 25	14.59
Apr 25	14
Apr 25	14.17
Apr 25	15.21
Mar 25	16.9
Mar 25	16.51
Mar 25	14.42
Mar 25	15.56
Feb 25	14.46
Feb 25	15.37
Feb 25	14.83
Feb 25	14.18
Jan 25	13.25
Jan 25	12.45
Jan 25	12
Jan 25	12.34
Jan 25	13.07
Dec 24	14.6
Dec 24	15.42
Dec 24	14.9
Dec 24	15.28
Nov 24	13.93
Nov 24	13.8
Nov 24	13.46
Nov 24	14.12
Nov 24	13.62
Oct 24	13.88

Price to Book

1698.HK Price to Book by year
Period	Price to Book
Sep 26	1.09
Sep 26	1.06
Sep 26	1.12
Aug 26	1.17
Aug 26	1.19
Aug 26	1.16
Aug 26	1.29
Jul 26	1.33
Jul 26	1.19
Jul 26	1.27
Jul 26	1.21
Jul 26	1.2
Jun 26	1.01
Jun 26	1.09
Jun 26	1.16
Jun 26	1.15
May 26	1.13
May 26	1.15
May 26	1.09
May 26	1.2
Apr 26	1.13
Apr 26	1.19
Apr 26	1.28
Apr 26	1.19
Apr 26	1.16
Mar 26	1.24
Mar 26	1.3
Mar 26	1.74
Mar 26	1.77
Feb 26	1.82
Feb 26	1.89
Feb 26	1.9
Feb 26	2.04
Jan 26	2.13
Jan 26	2.07
Jan 26	2.1
Jan 26	2.24
Jan 26	2.28
Dec 25	2.28
Dec 25	2.33
Dec 25	2.38
Dec 25	2.43
Nov 25	2.36
Nov 25	2.31
Nov 25	2.47
Nov 25	2.81
Oct 25	2.82
Oct 25	2.91
Oct 25	2.77
Oct 25	2.93
Oct 25	2.88
Sep 25	3.36
Sep 25	3.58
Sep 25	3.69
Sep 25	3.59
Aug 25	3.65
Aug 25	3.66
Aug 25	3.72
Aug 25	3.19
Aug 25	3.01
Jul 25	3.11
Jul 25	3.26
Jul 25	2.92
Jul 25	2.87
Jun 25	2.93
Jun 25	2.95
Jun 25	2.93
Jun 25	2.75
May 25	2.75
May 25	2.72
May 25	2.61
May 25	2.31
May 25	2.23
Apr 25	2.15
Apr 25	2.06
Apr 25	2.09
Apr 25	2.24
Mar 25	2.53
Mar 25	2.47
Mar 25	2.16
Mar 25	2.33
Feb 25	2.17
Feb 25	2.3
Feb 25	2.22
Feb 25	2.12
Jan 25	1.99
Jan 25	1.87
Jan 25	1.8
Jan 25	1.85
Jan 25	1.96
Dec 24	2.1
Dec 24	2.22
Dec 24	2.14
Dec 24	2.2
Nov 24	2
Nov 24	1.99
Nov 24	1.94
Nov 24	2.03
Nov 24	1.96
Oct 24	2

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Tencent Music Entertainment Group

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