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Tencent Music Entertainment Group (TME)

13.05 +0.66 (+5.33%)
At close: 4:00 PM EDT
13.05 0.00 (0.00%)
After hours: 6:23 PM EDT
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DELL
  • Previous Close 12.39
  • Open 12.75
  • Bid 13.01 x 2900
  • Ask 13.10 x 3200
  • Day's Range 12.64 - 13.15
  • 52 Week Range 5.70 - 13.15
  • Volume 7,331,044
  • Avg. Volume 7,992,721
  • Market Cap (intraday) 22.918B
  • Beta (5Y Monthly) 0.82
  • PE Ratio (TTM) 30.35
  • EPS (TTM) 0.43
  • Earnings Date May 13, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 12.16

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with a diverse audience base; and Lazy Audio, an audio platform. In addition, it sells music-related merchandise; and artist-related merchandise, such as branded apparel, posters and art prints, and accessories and integrated and technology-driven music solutions that help IoT device manufacturers build and operate their branded music services on their IoT devices, as well as offers advertising services across its online karaoke platform and online music apps. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

www.tencentmusic.com

5,185

Full Time Employees

December 31

Fiscal Year Ends

Recent News: TME

Performance Overview: TME

Trailing total returns as of 5/2/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

TME
44.84%
HANG SENG INDEX
6.80%

1-Year Return

TME
80.75%
HANG SENG INDEX
8.48%

3-Year Return

TME
25.09%
HANG SENG INDEX
36.62%

5-Year Return

TME
24.57%
HANG SENG INDEX
38.69%

Compare To: TME

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Statistics: TME

Valuation Measures

Annual
As of 5/1/2024
  • Market Cap

    21.76B

  • Enterprise Value

    19.34B

  • Trailing P/E

    28.94

  • Forward P/E

    19.84

  • PEG Ratio (5yr expected)

    1.60

  • Price/Sales (ttm)

    5.12

  • Price/Book (mrq)

    2.75

  • Enterprise Value/Revenue

    0.70

  • Enterprise Value/EBITDA

    2.70

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    17.73%

  • Return on Assets (ttm)

    4.38%

  • Return on Equity (ttm)

    9.82%

  • Revenue (ttm)

    27.75B

  • Net Income Avi to Common (ttm)

    4.92B

  • Diluted EPS (ttm)

    0.43

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    23.54B

  • Total Debt/Equity (mrq)

    10.57%

  • Levered Free Cash Flow (ttm)

    3.14B

Research Analysis: TME

Company Insights: TME

Research Reports: TME

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