Tencent Music Entertainment Group
Tencent Music Entertainment Group
Your view on TME
Overview
What the company does, where it operates, and who runs it.
About Tencent Music Entertainment Group
- Industry
- Internet Content & Information
- Sector
- Communication Services
- CEO
- Zhu Liang
- Headquarters
- Building D, Shenzhen, CN
- Industry
- Internet Content & Information
- Sector
- Communication Services
- CEO
- Zhu Liang
- Headquarters
- Building D, Shenzhen, CN
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 and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung.
The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment.
In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles.
Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Tencent Music Entertainment Group, and the rating behind it. TME last traded at $7.98, 9.3× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Tencent Music Entertainment Group. Starting points for Tencent Music Entertainment Group: P/E 9.3, EPS $5.66, beta 0.82 — an Internet Content & Information name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Tencent Music Entertainment Group. Tencent Music Entertainment Group paid $0.24 per share over the last year — a 3.0% yield at the current $7.98 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Tencent Music Entertainment Group. Trailing twelve-month EPS for Tencent Music Entertainment Group stands at $5.66. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Tencent Music Entertainment Group. Tencent Music Entertainment Group has reported as a listed company since 2018. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Tencent Music Entertainment Group valued side by side against its closest peers. Tencent Music Entertainment Group is measured against Internet Content & Information peers within the Communication Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Tencent Music Entertainment Group, and how their positions are changing. At a $12.26B market value, institutional positions materially move Tencent Music Entertainment Group's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Tencent Music Entertainment Group executives and directors. Shares of Tencent Music Entertainment Group have traded between $10.26 and $26.70 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Tencent Music Entertainment Group. Tencent Music Entertainment Group is a $12.26B Communication Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Tencent Music Entertainment Group. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Tencent Music Entertainment Group. Coverage tracks Tencent Music Entertainment Group within Internet Content & Information (Communication Services). Press releases and market coverage, newest first.