Tencent Music Entertainment Group – NYSE:TME
Tencent Music Entertainment Group stock price today
$25.2
+13.47
+115.02%
Financial Health
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Market closed
Open in about 12 hours
Tencent Music Entertainment Group stock price monthly change
-22.54%
month
Tencent Music Entertainment Group stock price quarterly change
-22.54%
quarter
Tencent Music Entertainment Group stock price yearly change
+36.76%
year
Tencent Music Entertainment Group key metrics
Market Cap | 20.07B |
Enterprise value | 134.83B |
P/E | 22.59 |
EV/Sales | 4.84 |
EV/EBITDA | 16.99 |
Price/Sales | 5.07 |
Price/Book | 2.13 |
PEG ratio | 0.10 |
EPS | 4.16 |
Revenue | 27.51B |
EBITDA | 6.70B |
Income | 5.19B |
Revenue Q/Q | -3.36% |
Revenue Y/Y | -4.12% |
Profit margin | 21.53% |
Oper. margin | 28.79% |
Gross margin | 41% |
EBIT margin | 28.79% |
EBITDA margin | 24.38% |
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Sign up for freeTencent Music Entertainment Group stock price history
Tencent Music Entertainment Group stock forecast
Tencent Music Entertainment Group financial statements
Average Price Target
$13.67
Potential downside: -45.76%
Analysts Price target
Financials & Ratios estimates
| Jun 2023 | 7.28B | 1.29B | 17.81% |
|---|---|---|---|
| Sep 2023 | 6.56B | 1.16B | 17.78% |
| Dec 2023 | 6.89B | 1.30B | 18.95% |
| Mar 2024 | 6.76B | 1.42B | 21.01% |
0.16%
Yield TTM
| Payout ratio | 0% |
|---|
| 2019 | 0.02% |
|---|---|
| 2020 | |
| 2021 | 0.12% |
| 2022 | 0.08% |
| 2023 |
| Jun 2023 | 72466000000 | 17.75B | 24.5% |
|---|---|---|---|
| Sep 2023 | 72956000000 | 17.78B | 24.38% |
| Dec 2023 | 75536000000 | 18.33B | 24.27% |
| Mar 2024 | 79176000000 | 18.42B | 23.27% |
| Jun 2023 | 2.06B | -1.33B | -33M |
|---|---|---|---|
| Sep 2023 | 1.44B | -1.14B | -849M |
| Dec 2023 | 1.97B | -193M | -576M |
| Mar 2024 | 2.68B | -5.49B | -522M |
Tencent Music Entertainment Group alternative data
What is mobile apps rank?
Category:
| Aug 2023 | 37 |
|---|---|
| Sep 2023 | 26 |
| Oct 2023 | 32 |
| Nov 2023 | 41 |
| Dec 2023 | 22 |
| Jan 2024 | 32 |
| Feb 2024 | 48 |
| Mar 2024 | 40 |
| Apr 2024 | 46 |
| May 2024 | 42 |
| Jun 2024 | 36 |
| Jul 2024 | 54 |
| Aug 2024 | 43 |
| Sep 2024 | 49 |
| Oct 2024 | 60 |
| Nov 2024 | 47 |
| Dec 2024 | 42 |
What is job openings count?
| Aug 2023 | 4 |
|---|---|
| Sep 2023 | 6 |
| Jan 2025 | 1 |
| Feb 2025 | 0 |
| May 2025 | 2 |
| Jul 2025 | 2 |
| Aug 2025 | 1 |
| Aug 2023 | 5,805 |
|---|---|
| Sep 2023 | 5,805 |
| Oct 2023 | 5,805 |
| Nov 2023 | 5,805 |
| Dec 2023 | 5,805 |
| Jan 2024 | 5,805 |
| Feb 2024 | 5,805 |
| Mar 2024 | 5,805 |
| Apr 2024 | 5,805 |
| May 2024 | 5,185 |
| Jun 2024 | 5,185 |
| Jul 2024 | 5,185 |
Tencent Music Entertainment Group other data
7.96%
-4.32%
of TME is owned by hedge funds
149
-63
267.86M
-145.31M
shares is hold by hedge funds
| Quarter | Transcript |
|---|---|
| Q1 2024 13 May 2024 | Q1 2024 Earnings Call Transcript |
| Q4 2023 19 Mar 2024 | Q4 2023 Earnings Call Transcript |
| Q3 2023 14 Nov 2023 | Q3 2023 Earnings Call Transcript |
| Q2 2023 15 Aug 2023 | Q2 2023 Earnings Call Transcript |
Tencent: More Powerful Than You Think
Tencent Music: Turnaround, Interrupted
Tencent Music: It's Time To Tune In
Spotify: The Closer I Look, The More Bullish I Become
Universal Music Group: Buy The Leader Of The Music Industry Ahead Of Earnings
Tencent Music: Near-Term Challenges But Long Term Could Be Better
Unimpressive Hong Kong Keeps No. 3 Spot In Global IPO Race
Tencent: Chinese Internet Music
Biden-Xi Warm-Up And 4 Top Chinese Stocks
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What's the price of Tencent Music Entertainment Group stock today?
One share of Tencent Music Entertainment Group stock can currently be purchased for approximately $25.2.
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When is Tencent Music Entertainment Group's next earnings date?
Unfortunately, Tencent Music Entertainment Group's (TME) next earnings date is currently unknown.
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Does Tencent Music Entertainment Group pay dividends?
Yes, Tencent Music Entertainment Group pays dividends and its trailing 12-month yield is 0.16% with 0% payout ratio. The last Tencent Music Entertainment Group stock dividend of undefined was paid on 5 Sep 2025.
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How much money does Tencent Music Entertainment Group make?
Tencent Music Entertainment Group has a market capitalization of 20.07B and it's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 2.07% to 27.75B US dollars.
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What is Tencent Music Entertainment Group's stock symbol?
Tencent Music Entertainment Group is traded on the NYSE under the ticker symbol "TME".
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What is Tencent Music Entertainment Group's primary industry?
Company operates in the Communication Services sector and Internet Content & Information industry.
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How do i buy shares of Tencent Music Entertainment Group?
Shares of Tencent Music Entertainment Group can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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How many employees does Tencent Music Entertainment Group have?
As Jul 2024, Tencent Music Entertainment Group employs 5,185 workers, which is 11% less then previous quarter.
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When Tencent Music Entertainment Group went public?
Tencent Music Entertainment Group is publicly traded company for more then 6 years since IPO on 12 Dec 2018.
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What is Tencent Music Entertainment Group's official website?
The official website for Tencent Music Entertainment Group is tencentmusic.com.
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How can i contact Tencent Music Entertainment Group?
Tencent Music Entertainment Group can be reached via phone at +86 755 8601 3388.
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What is Tencent Music Entertainment Group stock forecast & price target?
Based on 6 Wall Street analysts` predicted price targets for Tencent Music Entertainment Group in the last 12 months, the avarage price target is $13.67. The average price target represents a -45.76% change from the last price of $25.2.
Tencent Music Entertainment Group company profile:
Tencent Music Entertainment Group
tencentmusic.comExchange:
NYSE
Full time employees:
5,185
Industry:
Internet Content & Information
Sector:
Communication Services
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 and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
Building D
Shenzhen, 518057
Shenzhen, 518057
CIK: 0001744676
ISIN: US88034P1093
CUSIP: 88034P109
