TME (Tencent Music Entertainment Group) General and Admin. Expense: $225 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TME Tencent Music Entertainment Group TME
75 GF Score
Price $9.50
GF Value $15.42
Valuation Significantly Undervalued
View Full Analysis

What is Tencent Music Entertainment Group General and Admin. Expense?

Tencent Music Entertainment Group TME -2.15% 75 General and Admin. Expense is $225 Mil as of Mar. 2026. GuruFocus rates TME with a GF Score™ of 75/100 and a GF Value™ of $15.42 (Significantly Undervalued).

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. Tencent Music Entertainment Group's General and Admin. Expense for the three months ended in Mar. 2026 was $136 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $225 Mil.


Tencent Music Entertainment Group General and Admin. Expense Related Terms


Tencent Music Entertainment Group General and Admin. Expense Historical Data

* Premium members only.

The historical data trend for Tencent Music Entertainment Group's General and Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tencent Music Entertainment Group General and Admin. Expense Chart

Tencent Music Entertainment Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
General and Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 629.43 632.99 223.52 210.28 227.03

Tencent Music Entertainment Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
General and Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 130.22 130.91 147.54 -189.69 136.39
TME
75GF Score
Tencent Music Entertainment Group TME
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tencent Music Entertainment Group General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $225 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a General and Admin. Expense of $225 Mil mean?
Tencent Music Entertainment Group (TME) has a General and Admin. Expense of $225 Mil as of Mar. 2026. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Tencent Music Entertainment Group and its competitors.
Is Tencent Music Entertainment Group's General and Admin. Expense too high?
Tencent Music Entertainment Group's current General and Admin. Expense is $225 Mil. Overall, Tencent Music Entertainment Group has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tencent Music Entertainment Group's General and Admin. Expense compare to PINS and MTCH?
Tencent Music Entertainment Group's General and Admin. Expense of $225 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good General and Admin. Expense for an Interactive Media company?
A good General and Admin. Expense depends on the Interactive Media industry context. However, General and Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Tencent Music Entertainment Group and its competitors. Tencent Music Entertainment Group's current General and Admin. Expense is $225 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tencent Music Entertainment Group stock overvalued right now?
Based on GuruFocus' analysis, Tencent Music Entertainment Group (TME) is currently considered Significantly Undervalued. The stock's GF Value™ is $15.42, compared to a current price of $9.50 — trading 38.4% below its estimated fair value. The current General and Admin. Expense is $225 Mil. Tencent Music Entertainment Group's overall GF Score™ is 75/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For Tencent Music Entertainment Group (TME), the current General and Admin. Expense is $225 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tencent Music Entertainment Group (TME) Overvalued in 2026?

Based on GuruFocus' analysis, Tencent Music Entertainment Group stock appears to be undervalued. The current stock price of $9.50 is trading 38.4% below its estimated GF Value™ of $15.42. GuruFocus considers Tencent Music Entertainment Group to be Significantly Undervalued.

Key valuation signals for TME:

  • General and Admin. Expense: $225 Mil
  • GF Value™: $15.42 vs. price of $9.50 (38.4% below fair value)
  • GF Score™: 75/100

No single metric tells the full story. See the TME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tencent Music Entertainment Group Business Description

Address Kexing Science Park, Kejizhongsan Avenue, Unit 3, Building D, Hi-Tech Park, Nanshan District, Shenzhen, CHN, 518057
Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.
75GF Score

Get the complete analysis for TME

General and Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.50
Price
$15.42
GF Value