TENCENT MUSIC/TME

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15:10
16:45
18:25
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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

TENCENT MUSIC Metrics

BasicAdvanced
$25B
Market cap
31.77
P/E ratio
$0.45
EPS
0.71
Beta
-
Dividend rate
0.95%
Dividend yield
$25B
0.71
$15.77
$5.70
172
2.67
2.669
9.953
10.117
7.49%
9.42%
9.05%
31.774
6.526
3.027
4.76
21.976
0.95%
-4.12%
24.73%
-1.63%
7.89%

What the Analysts think about TENCENT MUSIC

Analyst Ratings

Majority rating from 31 analysts.
Buy

TENCENT MUSIC Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
21.01% profit margin
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
Beat by 8.03%
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%
-
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. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closedNon-fractionalADR

Upcoming events

Jun
27
TENCENT MUSIC
Dividend·Payment
$0.137
Per share

FAQs

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

TENCENT MUSIC (TME) has a market cap of $25B as of June 22, 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 June 22, 2024.

Does TENCENT MUSIC stock pay dividends?

No, TENCENT MUSIC (TME) stock does not pay dividends to its shareholders as of June 22, 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.

What is the TENCENT MUSIC stock price target?

The target price for TENCENT MUSIC (TME) stock is $15.44, which is NaN% below the current price of $. This is an average based on projections from 27 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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