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Tencent Music Entertainment Group-ADR icon

Tencent Music Entertainment Group-ADR

TMEStocksInternet Software Or ServicesChinaNYSEUSD | HKD

Price

$8.50

Today

+0.6%

YTD

-51.8%

About

Tencent Music Entertainment Group operates an online music entertainment platform and music applications within the People's Republic of China. The company offers online music and music-centric social entertainment services. Incorporated in 2016, Tencent Music has its headquarters in Shenzhen, China. Tencent Music primarily provides four music mobile apps within China: Kugou Music, QQ Music, WeSing, and Kuwo Music. As of December 2021, the company has a reported 800 million active users. Its platform offers online music, online karaoke, online audio, online concert, and music-centric live streaming services. Tencent Music's platform aims to provide a broad community for music fans to socialise and interact with, with the goal of acting as an all-in-one music and audio entertainment destination. The platform supports sharing, liking, following, commenting, and virtual gifting to enhance engagement and retention. Traded on the NYSE, stock for Tencent Music is available under the ticker TME. The company has been publicly listed on the NYSE since December 2018. As of December 2021, Tencent Music employs more than 4,000 people full-time. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited. Explore the TME share price changes and the latest news by adding Tencent Music Entertainment to your eToro watchlist.

Price chart
Closing price history for TME (1D candles).
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Financial insights

Valuation

P/E (TTM)9.18
P/S (TTM)2.55
P/B (TTM)1.00
Market cap$4.71B
Cap tierMid-cap
Industry avg P/E18.53

Profitability

Gross margin44.32%
EBIT margin29.40%
Net margin27.66%
ROE10.98%
ROA7.91%

Earnings & Revenue

Revenue (TTM)$4.85B
Revenue growth (1Y)+15.7%
EPS (TTM)$0.86
Free cash flowUnknown
Total debt$2.49B

Dividends & Risk

Dividend rate$0.24
Dividend yield3.05%
Ex-date2 Apr '26
Beta (5Y)0.82
Employees5,690
Next earnings17 Nov '26
Trade history

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Tencent Music Entertainment Group-ADR (TME) | Dirk Kuyken