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Tencent Music Entertainment Group (TME)

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9.86 -0.07 (-0.70%)
At close: September 20 at 4:00 PM EDT
9.85 -0.01 (-0.10%)
Pre-Market: 5:51 AM EDT
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DELL
  • Previous Close 9.93
  • Open 10.00
  • Bid 9.82 x 3200
  • Ask 9.92 x 3000
  • Day's Range 9.80 - 10.06
  • 52 Week Range 6.09 - 15.77
  • Volume 11,605,306
  • Avg. Volume 8,520,482
  • Market Cap (intraday) 17.082B
  • Beta (5Y Monthly) 0.65
  • PE Ratio (TTM) 19.72
  • EPS (TTM) 0.50
  • Earnings Date Nov 11, 2024 - Nov 26, 2024
  • Forward Dividend & Yield 0.14 (1.39%)
  • Ex-Dividend Date May 31, 2024
  • 1y Target Est 13.99

Tencent Music Entertainment Group operates online music entertainment platforms to provide 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 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 a diverse audience base; and Lazy Audio, an audio platform. In addition, it sells music-related merchandise; and artist-related merchandise, such as branded apparel, posters and art prints, and accessories and integrated and technology-driven music solutions that help IoT device manufacturers build and operate their branded music services on their IoT devices, as well as offers advertising services across its online karaoke platform and online music apps. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

www.tencentmusic.com

5,185

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: TME

Trailing total returns as of 9/23/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

TME
10.43%
HANG SENG INDEX
7.04%

1-Year Return

TME
58.44%
HANG SENG INDEX
1.05%

3-Year Return

TME
33.73%
HANG SENG INDEX
24.67%

5-Year Return

TME
26.73%
HANG SENG INDEX
30.98%

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Statistics: TME

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Valuation Measures

Annual
As of 9/20/2024
  • Market Cap

    17.08B

  • Enterprise Value

    14.46B

  • Trailing P/E

    19.73

  • Forward P/E

    12.67

  • PEG Ratio (5yr expected)

    0.65

  • Price/Sales (ttm)

    4.01

  • Price/Book (mrq)

    1.93

  • Enterprise Value/Revenue

    3.73

  • Enterprise Value/EBITDA

    13.85

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    20.36%

  • Return on Assets (ttm)

    4.97%

  • Return on Equity (ttm)

    10.20%

  • Revenue (ttm)

    27.39B

  • Net Income Avi to Common (ttm)

    5.58B

  • Diluted EPS (ttm)

    0.50

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    24.55B

  • Total Debt/Equity (mrq)

    9.59%

  • Levered Free Cash Flow (ttm)

    5.4B

Research Analysis: TME

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