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tme-img

Tencent Music Entertainment Group, Common Stock

TME

NYQ

$11.95

+$0.16

(1.36%)

1D
Industry: Entertainment Sector: Communication Services

Analyst Forecast

Price Chart

Key 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.
$19.90B
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.
22.6346
Volume info-icon
This is the total number of shares traded during the most recent trading day.
5.00M
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).
1.16%
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.
0.66
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).
$8.08 L
$15.63 H
$11.95

About Tencent Music Entertainment Group, Common Stock

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

Industry: EntertainmentSector: Communication Services

Returns

Time FrameTMESectorS&P500
1-Week Return-0.25%-2.95%-3%
1-Month Return4.46%0.64%-0.73%
3-Month Return21.2%10.19%2.87%
6-Month Return-15.01%16.08%7.17%
1-Year Return39.44%36.26%25.31%
3-Year Return98.5%29.25%28.38%
5-Year Return2.4%81.64%81.89%
10-Year Return-14.64%96.08%183.27%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue25.43B29.15B31.24B28.34B27.75B[{"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 Revenue16.76B19.85B21.84B19.57B17.96B[{"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 Profit8.67B9.30B9.40B8.77B9.79B[{"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 Margin34.10%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 Expenses4.74B5.58B6.69B5.56B3.74B[{"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 Income4.62B4.71B2.75B4.44B6.06B[{"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/Expense469.00M447.00M241.00M533.00M914.00M[{"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 Income4.54B4.63B3.63B4.37B6.04B[{"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 Taxes563.00M456.00M417.00M534.00M825.00M[{"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 Taxes3.98B4.18B3.21B3.84B5.22B[{"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 Operations3.98B4.18B3.21B3.84B5.22B[{"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 Income3.98B4.16B3.03B3.68B4.92B[{"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)2.932.952.462.943.75[{"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}]

Ratios

Liquidity

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

Asset Efficiency

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%

Liabilities

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

Valuation

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

FAQs

What is Tencent Music Entertainment Group share price today?

Tencent Music Entertainment Group (TME) share price today is $11.95

Can Indians buy Tencent Music Entertainment Group shares?

Yes, Indians can buy shares of Tencent Music Entertainment Group (TME) on Vested. To buy Tencent Music Entertainment Group 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 $15.63. The 52-week low price of Tencent Music Entertainment Group (TME) is $8.08.

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 22.6346

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 2.32

What is Tencent Music Entertainment Group dividend yield?

The dividend yield of Tencent Music Entertainment Group (TME) is 1.16%

What is the Market Cap of Tencent Music Entertainment Group?

The market capitalization of Tencent Music Entertainment Group (TME) is $19.90B

What is Tencent Music Entertainment Group’s stock symbol?

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

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