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TME

$7.77-2.02%

as of close, Oct 1, 2026

☾ AH $7.77 -2.02%

Tencent Music Entertainment Group American Depositary Shares each representing twoStock · Consumer Discretionary

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How Tencent Music Entertainment Group ADR makes money

Period

FY2025

How does Tencent Music Entertainment Group ADR make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Tencent Music Entertainment Group American Depositary Shares each representing two · FY2025 · year ended 2025-12-31

Revenue$4.6BGross profit$2.0B · 44%Cost of revenue$2.6B · 56%Operating income$1.9B · 41%Operating expenses$163M · 4%Other opex$163M · 4%Net income$1.6B · 35%Income tax$268M · 6%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.