Tencent Music Entertainment Group TME NYSE

Tencent Music Entertainment Group (TME) has shown moderate revenue growth over the past 3 years, expanding from $28.3B to $32.0B (average +4.3%/yr). Net income reached $10.8B, reflecting exceptional earnings expansion at +43.6%/yr on average. The net profit margin is 33.6%, which is exceptional. The company has maintained profitability in all 4 of the past 4 years, demonstrating a consistent earnings track record. The gross margin is 57% (high), with a +26pp trend over the period. With a $15B market cap and MOAT composite score of 84/100, the company has a strong competitive position.

Criteria proven by this page:

• GROWTH (73/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 10-year history, the company was profitable in 10 of 10 years — a perfect long-term track record
• INCOME (100/100, Pass) — proves strong profitability and pricing power
• MOAT (84/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 84/100 with 6/7 criteria passed.