$12.28
0.08% yesterday
NYSE, Sep 27, 10:10 pm CET
ISIN
US88034P1093
Symbol
TME

Tencent Music Entertainment Group ADR Class A Stock price

$12.28
+1.55 14.45% 1M
+1.22 11.03% 6M
+3.27 36.29% YTD
+6.00 95.54% 1Y
+5.06 70.08% 3Y
-0.60 4.66% 5Y
-1.72 12.29% 10Y
NYSE, Closing price Fri, Sep 27 2024
+0.01 0.08%
ISIN
US88034P1093
Symbol
TME

Key metrics

Market capitalization $8.59b
Enterprise Value $6.27b
P/E (TTM) P/E ratio 24.56
EV/Sales (TTM) EV/Sales 1.65
P/S ratio (TTM) P/S ratio 2.27
P/B ratio (TTM) P/B ratio 2.23
Dividend yield 1.12%
Last dividend (FY24) $0.14
Revenue growth (TTM) Revenue growth -9.32%
Revenue (TTM) Revenue $3.79b
EBIT (operating result TTM) EBIT $822.97m
Cash position $3.38b
EPS (TTM) EPS $0.50
P/E forward 21.17
P/S forward 2.13
EV/Sales forward 1.56
Short interest 3.72%
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Is Tencent Music Entertainment Group ADR Class A a Top Scorer Stock based on the Dividend, High-Growth-Investing or Leverman Strategy?

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Tencent Music Entertainment Group ADR Class A Stock Analysis

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Analyst Opinions

30 Analysts have issued a Tencent Music Entertainment Group ADR Class A forecast:

24x Buy
80%
6x Hold
20%

Analyst Opinions

30 Analysts have issued a Tencent Music Entertainment Group ADR Class A forecast:

Buy
80%
Hold
20%

Financial data from Tencent Music Entertainment Group ADR Class A

Income Statement P&L | Balance Sheet | Cash Flow


Quarter TTM Annually
Jun '24
+/-
%
3,790 3,790
9% 9%
100%
- Direct Costs 2,301 2,301
18% 18%
61%
1,490 1,490
1% 1%
39%
- Selling and Administrative Expenses 560 560
26% 26%
15%
- Research and Development Expense - -
-
-
929 929
-
25%
- Depreciation and Amortization 106 106
-
3%
EBIT (Operating Income) EBIT 823 823
31% 31%
22%
Net Profit 772 772
15% 15%
20%

In millions USD.

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Tencent Music Entertainment Group ADR Class A Stock News

Positive
The Motley Fool
3 days ago
On Tuesday, the Chinese government cut interest rates, lowered bank reserve requirements, and lowered down payments on homes. Shares of consumer-focused companies in China rallied on news of the stimulus measures.
Neutral
PRNewsWire
16 days ago
Singapore Kicks Off the First Stop of TME's Music Journey to the World SHENZHEN, China , Sept. 12, 2024 /PRNewswire/ -- On September 11, 2024 , Tencent Music Entertainment Group (TME) announced the launch of its Global Music Outreach Initiative, which will bring together talented Chinese music artists and their works to be showcased on prominent stages worldwide.
Neutral
Seeking Alpha
about one month ago
Tencent Music Entertainment Group (NYSE:TME ) Q2 2024 Results Conference Call August 13, 2024 7:00 AM ET Company Participants Millicent Tu - Head of IR Cussion Pang - Executive Chairman Ross Liang - CEO Shirley Hu - CFO Conference Call Participants Alicia Yap - Citigroup Lincoln Kong - Goldman Sachs Alex Poon - Morgan Stanley Lei Zhang - Bank of America Merrill Lynch Wei Xiong - UBS Thomas Chon...
More Tencent Music Entertainment Group ADR Class A News

Company Profile

Tencent Music Entertainment Group engages in the provision of online music entertainment platform. Its platform comprises of online music, online karaoke, and music-centric live streaming products. The company was founded by Jia Xin Peng on June 6, 2012 and is headquartered in Beijing, China.

Head office Cayman Islands
CEO Zhu Liang
Employees 5,185
Founded 2012
Website www.tencentmusic.com

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