Market closedNon-fractionalADR
TENCENT MUSIC/TME
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
About TENCENT MUSIC
Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The Company is mainly engaged in the provision of online music services, social entertainment services and other services. The Company operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The Company also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio. The Company is also engaged in the sales of music-related merchandise, the provision of services to smart device and car manufacturers and ticketing services for online music events. The Company mainly conducts its businesses in domestic and overseas markets.
Ticker
TME
Sector
Technology
Trading on
NYSE
Industry
Business Services
Headquarters
Shenzhen, China
Employees
5,185
Website
www.tencentmusic.com
TENCENT MUSIC Metrics
BasicAdvanced
$25B
Market cap
31.77
P/E ratio
$0.45
EPS
0.71
Beta
-
Dividend rate
0.95%
Dividend yield
Price and volume
Market cap
$25B
Beta
0.71
52-week high
$15.77
52-week low
$5.70
Average daily volume
172
Financial strength
Current ratio
2.67
Quick ratio
2.669
Long term debt to equity
9.953
Total debt to equity
10.117
Management effectiveness
Return on assets (TTM)
7.49%
Return on equity (TTM)
9.42%
Return on investment (TTM)
9.05%
Valuation
Price to earnings (TTM)
31.774
Price to revenue (TTM)
6.526
Price to book
3.027
Price to tangible book (TTM)
4.76
Price to free cash flow (TTM)
21.976
Forward dividend yield
0.95%
Growth
Revenue change (TTM)
-4.12%
Earnings per share change (TTM)
24.73%
3-year revenue growth (CAGR)
-1.63%
3-year earnings per share growth (CAGR)
7.89%
What the Analysts think about TENCENT MUSIC
Analyst Ratings
Majority rating from 31 analysts.
TENCENT MUSIC Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
¥6.8B
-1.81%
Net income
¥1.4B
8.88%
Profit margin
21.01%
10.93%
TENCENT MUSIC Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
¥0.97
¥0.89
¥1.00
¥1.10
-
Expected
¥0.98
¥0.88
¥0.98
¥1.02
¥1.18
Surprise
-1.32%
1.04%
2.47%
8.03%
-
TENCENT MUSIC News
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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.
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Market closedNon-fractionalADR
Upcoming events
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FAQs
What’s the current market cap for TENCENT MUSIC stock?
TENCENT MUSIC (TME) has a market cap of $25B as of July 26, 2024.
What is the P/E ratio for TENCENT MUSIC stock?
The price to earnings (P/E) ratio for TENCENT MUSIC (TME) stock is 31.77 as of July 26, 2024.
Does TENCENT MUSIC stock pay dividends?
No, TENCENT MUSIC (TME) stock does not pay dividends to its shareholders as of July 26, 2024.
When is the next TENCENT MUSIC dividend payment date?
TENCENT MUSIC (TME) stock does not pay dividends to its shareholders.
What is the beta indicator for TENCENT MUSIC?
TENCENT MUSIC (TME) has a beta rating of 0.71. 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.
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