Tencent Music Entertainment Group (TME)
- Previous Close
13.30 - Open
13.46 - Bid 13.12 x 3200
- Ask 13.36 x 1300
- Day's Range
13.11 - 13.53 - 52 Week Range
9.41 - 15.77 - Volume
4,009,831 - Avg. Volume
8,768,857 - Market Cap (intraday)
20.454B - Beta (5Y Monthly) 0.49
- PE Ratio (TTM)
23.03 - EPS (TTM)
0.58 - Earnings Date May 13, 2025
- Forward Dividend & Yield 0.18 (1.35%)
- Ex-Dividend Date Apr 3, 2025
- 1y Target Est
16.41
Tencent Music Entertainment Group operates online music entertainment platforms that provides 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, enjoy, and share 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 audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
www.tencentmusic.com5,353
Full Time Employees
December 31
Fiscal Year Ends
Sector
Internet Content & Information
Industry
Recent News: TME
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Performance Overview: TME
Trailing total returns as of 4/28/2025, which may include dividends or other distributions. Benchmark is HANG SENG INDEX (^HSI) .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: TME
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Statistics: TME
View MoreValuation Measures
Market Cap
20.61B
Enterprise Value
17.71B
Trailing P/E
22.96
Forward P/E
17.06
PEG Ratio (5yr expected)
1.21
Price/Sales (ttm)
5.37
Price/Book (mrq)
2.21
Enterprise Value/Revenue
4.54
Enterprise Value/EBITDA
13.15
Financial Highlights
Profitability and Income Statement
Profit Margin
23.39%
Return on Assets (ttm)
5.70%
Return on Equity (ttm)
11.20%
Revenue (ttm)
28.4B
Net Income Avi to Common (ttm)
6.64B
Diluted EPS (ttm)
0.58
Balance Sheet and Cash Flow
Total Cash (mrq)
27.21B
Total Debt/Equity (mrq)
8.68%
Levered Free Cash Flow (ttm)
6.65B
Research Analysis: TME
View MoreResearch Reports: TME
View MoreTencent Music Earnings: Hitting the Right Notes With Strong Results and a Deeper Economic Moat
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.
RatingPrice TargetChinese Music Streaming: Undervalued Leaders Well Positioned for Accelerating Growth in 2025
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.
RatingPrice TargetTencent Music Earnings: Long Runway for Subscription Price Hikes; Shares Undervalued
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.
RatingPrice TargetTencent Music Earnings: Management Lifts 2024 Outlook, Announces New Pricing Strategy
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.
RatingPrice Target