Financial Performance - Tencent Music's total revenue for Q3 2025 reached RMB 84.6 billion (USD 11.9 billion), representing a year-on-year growth of 20.6% [1] - The net profit attributable to equity holders was RMB 21.5 billion (USD 3.02 billion), up 36.0% year-on-year [1] - Non-IFRS net profit attributable to equity holders was RMB 24.1 billion (USD 3.38 billion), reflecting a 32.6% increase year-on-year [1] - The diluted earnings per American Depositary Share (ADS) were RMB 1.38 [1] - As of September 30, 2025, the total balance of cash, cash equivalents, time deposits, and short-term investments was RMB 360.8 billion (USD 50.7 billion) [1] Online Music Services - Revenue from online music services grew by 27.2% year-on-year to RMB 69.7 billion (USD 9.79 billion) [1] - Online music subscription revenue increased by 17.2% to RMB 45.0 billion (USD 6.32 billion) [1] - The average revenue per paying user rose from RMB 10.8 in 2024 to RMB 11.9 [1] Strategic Insights - The Executive Chairman highlighted the strong performance of the online music business, attributing growth to content innovation and expanded live experiences [2] - The CEO noted the continuous prosperity of the platform ecosystem, emphasizing personalized services and increased user engagement [2] - The company aims to strengthen its core competencies, enhance platform efficiency, and seize emerging opportunities to empower music creation and consumption [2]
腾讯音乐-SW(01698)第三季度公司权益持有人应占净利润为21.5亿元 同比增长36.0%