Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An update from Tencent Music Entertainment Group Class A ( (HK:1698) ) is now available.
Tencent Music Entertainment Group reported strong unaudited financial results for the fourth quarter and full year 2025, highlighting double-digit growth across its core businesses. Total revenue for the quarter rose 15.9% year over year to RMB8.64 billion, driven largely by a 21.7% increase in online music services revenue to RMB7.10 billion, with both subscription and non-subscription music services contributing, particularly a 40.8% surge in non-subscription music revenue.
Net profit attributable to equity holders climbed 12.6% year over year to RMB2.20 billion, while non-IFRS net profit reached RMB2.49 billion, up 9.0%, indicating solid profitability despite adjustments for items such as acquisition-related amortization and share-based compensation. Diluted earnings per ADS increased on both an IFRS and non-IFRS basis, and the company ended 2025 with a substantial liquidity position of RMB38.04 billion in cash and investments, underscoring its financial strength and capacity to invest further in content, technology and user growth within China’s competitive digital music market.
The most recent analyst rating on (HK:1698) stock is a Buy with a HK$71.00 price target. To see the full list of analyst forecasts on Tencent Music Entertainment Group Class A stock, see the HK:1698 Stock Forecast page.
More about Tencent Music Entertainment Group Class A
Tencent Music Entertainment Group is a leading online music and audio entertainment platform in China, operating under the ticker TME on the NYSE and 1698 on the Hong Kong Stock Exchange. The company offers digital music subscription services and a range of other online music offerings, serving a large user base through streaming, licensing and value‑added audio services across the Chinese market.
Average Trading Volume: 1,356,175
Technical Sentiment Signal: Sell
Current Market Cap: HK$160.2B
Learn more about 1698 stock on TipRanks’ Stock Analysis page.