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TENCENT MUSIC/TME

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

About TENCENT MUSIC

Tencent Music is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.

Ticker

TME

Trading on

NYSE

Industry

Entertainment
Headquarters

Employees

5,185

TENCENT MUSIC Metrics

BasicAdvanced
$21B
Market cap
26.75
P/E ratio
$0.50
EPS
0.67
Beta
$0.13
Dividend rate
0.99%
Dividend yield
$21B
0.67
$15.77
$6.31
11M
$0.13
2.336
2.092
9.41
9.588
59.19%
4.97%
10.20%
26.745
5.347
0.34
0.56
18.575
0.99%
0.99%
-5.81%
20.93%
-4.80%
13.52%

What the Analysts think about TENCENT MUSIC

Analyst Ratings

Analyst ratings (Buy, Hold, Sell) for TENCENT MUSIC stock.

TENCENT MUSIC Financial Performance

Income Statement

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

TENCENT MUSIC Earnings Performance

Earnings per share (EPS)

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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FAQs

What’s the current market cap for TENCENT MUSIC stock?

TENCENT MUSIC (TME) has a market cap of $21B as of October 08, 2024.

What is the P/E ratio for TENCENT MUSIC stock?

The price to earnings (P/E) ratio for TENCENT MUSIC (TME) stock is 26.75 as of October 08, 2024.

Does TENCENT MUSIC stock pay dividends?

Yes, the TENCENT MUSIC (TME) stock pays dividends to shareholders. As of October 08, 2024, the dividend rate is $0.1329 and the yield is 0.99%. TENCENT MUSIC has a payout ratio of 0% on a trailing twelve-month basis.

When is the next TENCENT MUSIC dividend payment date?

The next TENCENT MUSIC (TME) dividend payment date is unconfirmed.

What is the beta indicator for TENCENT MUSIC?

TENCENT MUSIC (TME) has a beta rating of 0.67. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.