Tencent Music Entertainment Group

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Mar 2026 is -6.01% vs 2.50% in Dec 2025",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Mar 2026 is -3.84% vs 3.74% in Dec 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Dec'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "8,908.90",
          "val2": "9,478.50",
          "chgp": "-6.01%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2,735.30",
          "val2": "4,057.50",
          "chgp": "-32.59%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "51.90",
          "val2": "65.80",
          "chgp": "-21.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2,411.40",
          "val2": "2,507.60",
          "chgp": "-3.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "295.80%",
          "val2": "302.60%",
          "chgp": "-0.68%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2025 is 15.88% vs 0.41% in Dec 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2025 is 59.74% vs 33.63% in Dec 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "35,683.00",
          "val2": "30,793.00",
          "chgp": "15.88%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "11,987.20",
          "val2": "9,028.30",
          "chgp": "32.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "132.30",
          "val2": "134.40",
          "chgp": "-1.56%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-35.80",
          "val2": "-56.40",
          "chgp": "36.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "12,312.60",
          "val2": "7,707.70",
          "chgp": "59.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "294.10%",
          "val2": "258.80%",
          "chgp": "3.53%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

8,908.90

9,478.50

-6.01%

Operating Profit (PBDIT) excl Other Income

2,735.30

4,057.50

-32.59%

Interest

51.90

65.80

-21.12%

Exceptional Items

0.00

0.00

Consolidate Net Profit

2,411.40

2,507.60

-3.84%

Operating Profit Margin (Excl OI)

295.80%

302.60%

-0.68%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is -6.01% vs 2.50% in Dec 2025

Consolidated Net Profit

QoQ Growth in quarter ended Mar 2026 is -3.84% vs 3.74% in Dec 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

35,683.00

30,793.00

15.88%

Operating Profit (PBDIT) excl Other Income

11,987.20

9,028.30

32.77%

Interest

132.30

134.40

-1.56%

Exceptional Items

-35.80

-56.40

36.52%

Consolidate Net Profit

12,312.60

7,707.70

59.74%

Operating Profit Margin (Excl OI)

294.10%

258.80%

3.53%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2025 is 15.88% vs 0.41% in Dec 2024

Consolidated Net Profit

YoY Growth in year ended Dec 2025 is 59.74% vs 33.63% in Dec 2024

All Annual Results