Tencent Music Entertainment Group
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TME Tencent Music Entertainment Group
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Communication Services : Entertainment | Large Cap Blend
Based in China
Company profile

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.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

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Closing Price
$6.23
Day's Change
-0.05 (-0.80%)
Bid
--
Ask
--
B/A Size
--
Day's High
6.33
Day's Low
6.23
Volume
(Light)
Volume:
4,745,953

10-day average volume:
5,959,610
4,745,953

Company Profile

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.

Valuation Ratios

Price/Earnings (TTM)
15.66x
Price/Sales (TTM)
2.71x
Price/Book (MRQ)
0.71x
Price/Cash Flow (TTM)
--
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

Price Performance

Historic Growth and Share Detail

Historic Growth

Annual growth, past 5 years
EPS
Revenue
Dividend No Regular Dividend is paid
 

Short Interest

September 2023
Current Month
13.0M
Previous Month
12.7M
Percent of Float
1.47%
Days to Cover
1.9701 Days

Share Information

TME is in a share class of depositary receipt
Float
1.7B
Shares Outstanding
1.7B
Institutions Holding Shares
429
46.45%

Financial Statements

Balance sheet

Values displayed are in millions.

Income statement

Values displayed are in millions.

Cash flow

Values displayed are in millions.

Company Officers

  • Cussion Kar Shun PangChmn.
  • Zhenyu XiePres.
  • Zhu LiangCEO
  • Min HuCFO
  • Linlin ChenVP

Address

Insider Trading

No insider trading activity.

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