Tencent Music Entertainment Group ADR

TME: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Tencent Music Earnings: Shares Undervalued, With Long-Term Growth Potential

Ivan Su

May 14, 2025

Tencent Music reported accelerating revenue growth of 9% year over year in the first quarter of 2025, alongside a robust adjusted net profit growth of 25%. Management reaffirmed its guidance for continued revenue acceleration and expanding operating margins for the full year.

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Tencent Music Entertainment Group ADR

Tencent Music Earnings: Shares Undervalued, With Long-Term Growth Potential

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