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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. more
Time Frame | TME | Sector | S&P500 |
---|---|---|---|
1-Week Return | -0.25% | -2.95% | -3% |
1-Month Return | 4.46% | 0.64% | -0.73% |
3-Month Return | 21.2% | 10.19% | 2.87% |
6-Month Return | -15.01% | 16.08% | 7.17% |
1-Year Return | 39.44% | 36.26% | 25.31% |
3-Year Return | 98.5% | 29.25% | 28.38% |
5-Year Return | 2.4% | 81.64% | 81.89% |
10-Year Return | -14.64% | 96.08% | 183.27% |
Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
---|---|---|---|---|---|---|
Total Revenue | 25.43B | 29.15B | 31.24B | 28.34B | 27.75B | [{"date":"2019-12-31","value":81.4,"profit":true},{"date":"2020-12-31","value":93.31,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":90.7,"profit":true},{"date":"2023-12-31","value":88.82,"profit":true}] |
Cost of Revenue | 16.76B | 19.85B | 21.84B | 19.57B | 17.96B | [{"date":"2019-12-31","value":76.74,"profit":true},{"date":"2020-12-31","value":90.89,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":89.59,"profit":true},{"date":"2023-12-31","value":82.22,"profit":true}] |
Gross Profit | 8.67B | 9.30B | 9.40B | 8.77B | 9.79B | [{"date":"2019-12-31","value":88.55,"profit":true},{"date":"2020-12-31","value":94.97,"profit":true},{"date":"2021-12-31","value":96.01,"profit":true},{"date":"2022-12-31","value":89.57,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Gross Margin | 34.10% | 31.91% | 30.10% | 30.96% | 35.29% | [{"date":"2019-12-31","value":96.61,"profit":true},{"date":"2020-12-31","value":90.4,"profit":true},{"date":"2021-12-31","value":85.28,"profit":true},{"date":"2022-12-31","value":87.71,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Operating Expenses | 4.74B | 5.58B | 6.69B | 5.56B | 3.74B | [{"date":"2019-12-31","value":70.94,"profit":true},{"date":"2020-12-31","value":83.39,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":83.1,"profit":true},{"date":"2023-12-31","value":55.87,"profit":true}] |
Operating Income | 4.62B | 4.71B | 2.75B | 4.44B | 6.06B | [{"date":"2019-12-31","value":76.28,"profit":true},{"date":"2020-12-31","value":77.74,"profit":true},{"date":"2021-12-31","value":45.42,"profit":true},{"date":"2022-12-31","value":73.33,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Total Non-Operating Income/Expense | 469.00M | 447.00M | 241.00M | 533.00M | 914.00M | [{"date":"2019-12-31","value":51.31,"profit":true},{"date":"2020-12-31","value":48.91,"profit":true},{"date":"2021-12-31","value":26.37,"profit":true},{"date":"2022-12-31","value":58.32,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Pre-Tax Income | 4.54B | 4.63B | 3.63B | 4.37B | 6.04B | [{"date":"2019-12-31","value":75.1,"profit":true},{"date":"2020-12-31","value":76.63,"profit":true},{"date":"2021-12-31","value":60.08,"profit":true},{"date":"2022-12-31","value":72.34,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income Taxes | 563.00M | 456.00M | 417.00M | 534.00M | 825.00M | [{"date":"2019-12-31","value":68.24,"profit":true},{"date":"2020-12-31","value":55.27,"profit":true},{"date":"2021-12-31","value":50.55,"profit":true},{"date":"2022-12-31","value":64.73,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income After Taxes | 3.98B | 4.18B | 3.21B | 3.84B | 5.22B | [{"date":"2019-12-31","value":76.19,"profit":true},{"date":"2020-12-31","value":80,"profit":true},{"date":"2021-12-31","value":61.59,"profit":true},{"date":"2022-12-31","value":73.54,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income From Continuous Operations | 3.98B | 4.18B | 3.21B | 3.84B | 5.22B | [{"date":"2019-12-31","value":76.19,"profit":true},{"date":"2020-12-31","value":80,"profit":true},{"date":"2021-12-31","value":61.59,"profit":true},{"date":"2022-12-31","value":73.54,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
Net Income | 3.98B | 4.16B | 3.03B | 3.68B | 4.92B | [{"date":"2019-12-31","value":80.93,"profit":true},{"date":"2020-12-31","value":84.45,"profit":true},{"date":"2021-12-31","value":61.57,"profit":true},{"date":"2022-12-31","value":74.74,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
EPS (Diluted) | 2.93 | 2.95 | 2.46 | 2.94 | 3.75 | [{"date":"2019-12-31","value":78.13,"profit":true},{"date":"2020-12-31","value":78.67,"profit":true},{"date":"2021-12-31","value":65.6,"profit":true},{"date":"2022-12-31","value":78.4,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
TME | |
---|---|
Cash Ratio | 1.87 |
Current Ratio | 2.26 |
Quick Ratio | 2.26 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
TME | |
---|---|
ROA (LTM) | 5.43% |
ROE (LTM) | 10.70% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
TME | |
---|---|
Debt Ratio Lower is generally better. Negative is bad. | 0.23 |
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.75 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
TME | |
---|---|
Trailing PE | 22.55 |
Forward PE | 15.95 |
P/S (TTM) | 0.75 |
P/B | 2.32 |
Price/FCF | 10 |
EV/R | 4.67 |
EV/Ebitda | 16.08 |
PEG | 0.79 |
Tencent Music Entertainment Group (TME) share price today is $11.95
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Yes, you can purchase fractional shares of Tencent Music Entertainment Group (TME) via the Vested app. You can start investing in Tencent Music Entertainment Group (TME) with a minimum investment of $1.
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The 52-week high price of Tencent Music Entertainment Group (TME) is $15.63. The 52-week low price of Tencent Music Entertainment Group (TME) is $8.08.
The price-to-earnings (P/E) ratio of Tencent Music Entertainment Group (TME) is 22.6346
The price-to-book (P/B) ratio of Tencent Music Entertainment Group (TME) is 2.32
The dividend yield of Tencent Music Entertainment Group (TME) is 1.16%
The market capitalization of Tencent Music Entertainment Group (TME) is $19.90B
The stock symbol (or ticker) of Tencent Music Entertainment Group is TME