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Tencent Music Entertainment Group Share Price

TME
NYQ
$16.55
-$0.23
(-1.37%)
1D
Industry: Entertainment Sector: Communication Services

Tencent Music Entertainment Group Analyst Forecast

Tencent Music Entertainment Group Share Price Chart

Tencent Music Entertainment Group Key Stock Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$25.86B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
17.299
Volume info-icon
This is the total number of shares traded during the most recent trading day.
3.60M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
1.05%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
0.44
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$11.61 L
$26.7 H
$16.55

About Tencent Music Entertainment Group, Common Stock

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 offers 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 is a subsidiary of Tencent Holdings Limited. more

Industry: EntertainmentSector: Communication Services

Tencent Music Entertainment Group Stock Returns

Time FrameTMESectorS&P500
1-Week Return-2.19%1.96%-0.14%
1-Month Return-7.33%2.72%1.26%
3-Month Return-28.51%5.71%1.27%
6-Month Return-22.41%11.02%9.67%
1-Year Return40.61%17.04%15.74%
3-Year Return86.16%102.19%66.14%
5-Year Return-40.14%73.6%81.39%
10-Year Return18.21%140.35%264.87%

Tencent Music Entertainment Group Financials

Dec '20Dec '21Dec '22Dec '23Dec '245YR TREND
Total Revenue29.15B31.24B28.34B27.75B28.40B[{"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},{"date":"2024-12-31","value":90.9,"profit":true}]
Cost of Revenue19.85B21.84B19.57B17.96B16.38B[{"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},{"date":"2024-12-31","value":74.98,"profit":true}]
Gross Profit9.30B9.40B8.77B9.79B12.03B[{"date":"2020-12-31","value":77.36,"profit":true},{"date":"2021-12-31","value":78.2,"profit":true},{"date":"2022-12-31","value":72.96,"profit":true},{"date":"2023-12-31","value":81.46,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Gross Margin31.91%30.10%30.96%35.29%42.34%[{"date":"2020-12-31","value":75.36,"profit":true},{"date":"2021-12-31","value":71.09,"profit":true},{"date":"2022-12-31","value":73.12,"profit":true},{"date":"2023-12-31","value":83.36,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Operating Expenses4.59B5.60B4.33B3.74B3.31B[{"date":"2020-12-31","value":81.94,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":77.27,"profit":true},{"date":"2023-12-31","value":66.67,"profit":true},{"date":"2024-12-31","value":59.15,"profit":true}]
Operating Income4.71B3.80B4.44B6.06B8.71B[{"date":"2020-12-31","value":54.08,"profit":true},{"date":"2021-12-31","value":43.63,"profit":true},{"date":"2022-12-31","value":51.01,"profit":true},{"date":"2023-12-31","value":69.56,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Total Non-Operating Income/Expense447.00M241.00M533.00M914.00M1.07B[{"date":"2020-12-31","value":41.62,"profit":true},{"date":"2021-12-31","value":22.44,"profit":true},{"date":"2022-12-31","value":49.63,"profit":true},{"date":"2023-12-31","value":85.1,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Pre-Tax Income4.63B3.63B4.37B6.04B8.71B[{"date":"2020-12-31","value":53.17,"profit":true},{"date":"2021-12-31","value":41.69,"profit":true},{"date":"2022-12-31","value":50.2,"profit":true},{"date":"2023-12-31","value":69.39,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Income Taxes456.00M417.00M534.00M825.00M1.60B[{"date":"2020-12-31","value":28.45,"profit":true},{"date":"2021-12-31","value":26.01,"profit":true},{"date":"2022-12-31","value":33.31,"profit":true},{"date":"2023-12-31","value":51.47,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Income After Taxes4.18B3.21B3.84B5.22B7.11B[{"date":"2020-12-31","value":58.74,"profit":true},{"date":"2021-12-31","value":45.22,"profit":true},{"date":"2022-12-31","value":54,"profit":true},{"date":"2023-12-31","value":73.43,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Income From Continuous Operations4.18B3.21B3.84B5.22B7.11B[{"date":"2020-12-31","value":58.74,"profit":true},{"date":"2021-12-31","value":45.22,"profit":true},{"date":"2022-12-31","value":54,"profit":true},{"date":"2023-12-31","value":73.43,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Income From Discontinued Operations-----[{"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},{"date":"2024-12-31","value":"-","profit":true}]
Net Income4.16B3.03B3.68B4.92B6.64B[{"date":"2020-12-31","value":62.54,"profit":true},{"date":"2021-12-31","value":45.59,"profit":true},{"date":"2022-12-31","value":55.34,"profit":true},{"date":"2023-12-31","value":74.05,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
EPS (Diluted)2.952.462.943.753.69[{"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},{"date":"2024-12-31","value":98.42,"profit":true}]

Tencent Music Entertainment Group Ratios

Tencent Music Entertainment Group Liquidity Ratios

These ratios help you determine the liquidity of the company. Higher is better.

TME
Cash Ratio 1.56
Current Ratio 2.08
Quick Ratio 2.08

Tencent Music Entertainment Group Asset Efficiency Ratios

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) 7.84%
ROE (LTM) 14.79%

Tencent Music Entertainment Group Liability Ratios

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. 0.19
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.79

Tencent Music Entertainment Group Valuation Ratios

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

TME
Trailing PE 17.30
Forward PE 17.27
P/S (TTM) 0.89
P/B 2.22
Price/FCF 8
EV/R 5.21
EV/Ebitda 12.67
PEG 0.70

FAQs

What is Tencent Music Entertainment Group share price today?

Tencent Music Entertainment Group (TME) share price today is $16.55

Can Indians buy Tencent Music Entertainment Group shares?

Yes, Indians can buy shares of Tencent Music Entertainment Group (TME) on Vested. To buy

from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in TME stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Tencent Music Entertainment Group be purchased?

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.

How to invest in Tencent Music Entertainment Group shares from India?

You can invest in shares of Tencent Music Entertainment Group (TME) via Vested in three simple steps:

  • Click on Sign Up or Invest in TME stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Tencent Music Entertainment Group shares
What is Tencent Music Entertainment Group 52-week high and low stock price?

The 52-week high price of Tencent Music Entertainment Group (TME) is $26.7. The 52-week low price of Tencent Music Entertainment Group (TME) is $11.61.

What is Tencent Music Entertainment Group price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Tencent Music Entertainment Group (TME) is 17.299

What is Tencent Music Entertainment Group price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Tencent Music Entertainment Group (TME) is 2.22

What is Tencent Music Entertainment Group dividend yield?

The dividend yield of Tencent Music Entertainment Group (TME) is 1.05%

What is the Market Cap of Tencent Music Entertainment Group?

The market capitalization of Tencent Music Entertainment Group (TME) is $25.86B

What is Tencent Music Entertainment Group's stock symbol?

The stock symbol (or ticker) of Tencent Music Entertainment Group is TME

How Can Investors Use Tencent Music Entertainment Group Share Price Data for Long-Term Investment Decisions?

Consider the share price of Tencent Music Entertainment Group as a long-term story and not a daily point list. The price represents a movement of the stock in both good and bad times when looked at over many years. This assists the investors to know whether Tencent Music Entertainment Group has succeeded to expand steadily and overcome market declines. With this price movement observed and the way the business is progressing, it is easier to make a decision whether the stock is worth having in the long term or not.

How does USD - INR currency movement impact returns from Tencent Music Entertainment Group shares for Indian investors?

When investing in Tencent Music Entertainment Group shares, you are not based in India then your investment is not just based on the stock price. It is also determined by the currency movement of the dollar in relation to the rupee. When you have an appreciation of the Tencent Music Entertainment Group stock and the dollar appreciation is also the same, you gain more in terms of rupees. When the rupee appreciated, it will lower your profits. This currency flow is a silent cause of great contribution to your ultimate returns over many years.

How should investors compare Tencent Music Entertainment Group share price with other stocks in the same sector?

Rather than merely checking the share price of Tencent Music Entertainment Group and comparing it with that of other stocks in the same sector, one can check how robust the business is. Investors tend to compare such aspects as profits, cash generation, and the stability of the revenues of the company. This means that Tencent Music Entertainment Group stock in most cases does not react in the same manner as other companies in the sector due to its brand and services revenue.

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