$12.01
2.04% yesterday
NYSE, Feb 04, 10:10 pm CET
ISIN
US88034P1093
Symbol
TME

Tencent Music Entertainment Group ADR Class A Stock price

$12.01
+1.10 10.08% 1M
-0.59 4.68% 6M
+0.66 5.82% YTD
+2.75 29.70% 1Y
+6.14 104.60% 3Y
-1.44 10.71% 5Y
-1.99 14.21% 10Y
NYSE, Closing price Tue, Feb 04 2025
+0.24 2.04%
ISIN
US88034P1093
Symbol
TME

Key metrics

Market capitalization $8.40b
Enterprise Value $5.42b
P/E (TTM) P/E ratio 22.26
EV/Sales (TTM) EV/Sales 1.40
P/S ratio (TTM) P/S ratio 2.18
P/B ratio (TTM) P/B ratio 2.03
Dividend yield 1.14%
Last dividend (FY24) $0.14
Revenue growth (TTM) Revenue growth -3.71%
Revenue (TTM) Revenue $3.86b
EBIT (operating result TTM) EBIT $922.13m
Cash position $4.07b
EPS (TTM) EPS $0.54
P/E forward 21.42
P/S forward 2.17
EV/Sales forward 1.40
Short interest 2.85%
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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

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

33x Buy
92%
3x Hold
8%

Analyst Opinions

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

Buy
92%
Hold
8%

Financial data from Tencent Music Entertainment Group ADR Class A

Income Statement P&L | Balance Sheet | Cash Flow


Quarter TTM Annually
Sep '24
+/-
%
3,862 3,862
4% 4%
100%
- Direct Costs 2,279 2,279
14% 14%
59%
1,584 1,584
8% 8%
41%
- Selling and Administrative Expenses 554 554
24% 24%
14%
- Research and Development Expense - -
-
-
1,030 1,030
-
27%
- Depreciation and Amortization 108 108
-
3%
EBIT (Operating Income) EBIT 922 922
45% 45%
24%
Net Profit 832 832
23% 23%
22%

In millions USD.

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Tencent Music Entertainment Group ADR Class A Stock News

Neutral
Seeking Alpha
3 months ago
Tencent Music Entertainment Group (NYSE:TME ) Q3 2024 Earnings Conference Call November 12, 2024 6:00 AM ET Company Participants Millicent Tu - Head of Investor Relations Cussion Pang - Executive Chairman Ross Liang - Chief Executive Officer Shirley Hu - Chief Financial Officer Conference Call Participants Yang Liu - Morgan Stanley Lincoln Kong - Goldman Sachs Group, Inc. Alicia Yap - Citigroup...
Neutral
Proactive Investors
3 months ago
China's Spotify analogue Tencent Music Entertainment Group posted 6.8% increase in total revenues for the third quarter of 2024, hitting 7.02 billion Chinese yuan (around US$1 billion). TME attributed the increase to higher music subscriptions, although this was partially offset by lower revenues from “social entertainment services and others”.
Negative
Reuters
3 months ago
Tencent Music Entertainment missed quarterly revenue estimates on Tuesday, as Beijing's crackdown on online gambling continues to impact its social entertainment segment.
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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