Tencent Music Entertainment ADR TME

$7.74 -0.03 (-0.39%)

Valuation

Market cap
12,182,025,000
Revenue TTM
$4,576,670,000
Net income TTM
$1,537,890,000
PE ratio
9.03
Forward PE
8.96
Profit margin
33.60%
Debt to equity
0.13

Trading

Volume
5,238,200
Avg volume
9,246,300
Day's range
$7.66 – $7.81
Shares out
1,573,905,000
Stochastic %K
10%
Beta
0.78
Analysts
Sell
Price target
$12.65

Price

Company profile

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 provides 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...

Show more

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 provides 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 operates as a subsidiary of Tencent Holdings Limited.

Industry
Internet Content & Information
Sector
Communication Services
Phone
86 755 8601 3388
Website
https://www.tencentmusic.com
Address
Building D, Unit 3, 12th Floor Kexing Science Park Kejizhongsan Avenue,Hi-Tech Park, Nansha, Shenzhen, China

Latest news

Stocktwits

schaeffers Sep 29, 5:58 PM
$TME is 5.2% lower at $7.94 The China-based music name has been consolidating on and off near its November 2023 lows since early June, with the $8 level moving in as a recent floor of support TME has shed 54% in 2026
0 replies
followtrendm Sep 28, 6:14 PM
$TME Supossedly a 'good company' that is on all emerging market ETFs like $EEM. Over last 1 year it is trading so poorly that it wants to go to zero :-(. Sad investor, Chinese stocks are in the dump yard, alluring low valuations are just a trap. Include $BABA
0 replies
Andth1s Sep 18, 7:48 PM
$TME China is currently experiencing an unprecedented live music boom—over 640,000 concerts and festivals drawing 194 million attendees in a single year, with TME leading the market. ​Combine that with an aggressive $1.5B share buyback systematically starving the public float, and the upcoming November 12 earnings report is set to be a massive catalyst. Once the market realizes the math, $TME is pumping straight back to $10 minimum. Mark my words.
0 replies
STRelativeWeakness Sep 18, 7:23 PM
$TME crowded breakdown — 6,978 watchers along for the slide
0 replies
Andth1s Sep 18, 7:17 PM
$TME
0 replies
realgreenman Sep 18, 3:57 PM
$TME It's no fancy AI just regular music but I like it.
0 replies
Andth1s Sep 18, 3:30 PM
$TME Something is coming soon
0 replies
Invincibleson Sep 18, 12:03 AM
$TME will get below 7.50 im not buying till it goes up to 8 cause it can get dropping
0 replies