TENCENT MUSIC/TME

$10.31

-0.96%
-
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

CEO

Cussion Kar Shun Pang

Employees

5,805

Headquarters

Shenzhen, China

TENCENT MUSIC Metrics

BasicAdvanced
$17.88B
Market cap
24.94
P/E ratio
$0.42
EPS
0.80
Beta
-
Dividend rate

What the Analysts think about TENCENT MUSIC

Analyst Ratings

Majority rating from 28 analysts.
Buy

Price Targets

Average projection from 27 analysts.
3.1% downside
High $12.99
Low $8.00
$10.31
Current price
$9.99
Average price target

TENCENT MUSIC Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
17.78% profit margin
QuarterlyAnnual
Q3 23
QoQ growth
Revenue
¥6.57B
-9.84%
Net income
¥1.17B
-10.02%
Profit margin
17.78%
-0.17%

TENCENT MUSIC Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 1.04%
QuarterlyAnnual
Q4 22
Q1 23
Q2 23
Q3 23
Q4 23
Actual
¥0.91
¥0.89
¥0.97
¥0.89
-
Expected
¥0.89
¥0.79
¥0.98
¥0.88
¥0.97
Surprise
2.02%
12.21%
-1.32%
1.04%
-
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.
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