异动解读 | 腾讯音乐一季度业绩亮眼,夜盘大涨5.17%

异动解读
Yesterday

腾讯音乐(股票代码:TME)在夜盘交易中大涨5.17%,主要受益于公司发布的强劲一季度财报。

根据公司公告,腾讯音乐2025年第一季度总收入达73.6亿元人民币,同比增长8.7%。更为亮眼的是,公司权益持有人应占净利润飙升至42.9亿元人民币,同比增长高达201.8%。调整后净利润为22.3亿元人民币,同比增长22.8%。在线音乐服务继续保持强劲增长势头,其中在线音乐付费用户数同比增长8.3%至1.229亿,单个付费用户月均收入(ARPPU)从去年同期的10.6元增长至11.4元。

中金公司分析师对腾讯音乐的表现给予积极评价,维持"跑赢行业"评级。他们预计2025年音乐订阅业务有望实现高质量增长,受付费用户数和ARPPU两者增长共同驱动。展望第二季度,预计付费用户数可能环比增加150万,ARPPU同比增长8.7%。分析师特别指出,超级会员(SVIP)表现强劲,会员数和ARPPU均实现环比增长,这将成为未来业务长期增长的重要动力之一。

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