63T Stock Overview
Operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People’s Republic of China. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Tencent Music Entertainment Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$5.70 |
| 52 Week High | US$7.35 |
| 52 Week Low | US$3.64 |
| Beta | 0.68 |
| 1 Month Change | 6.54% |
| 3 Month Change | 27.80% |
| 1 Year Change | 46.15% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 57.46% |
Recent News & Updates
Recent updates
Shareholder Returns
| 63T | DE Entertainment | DE Market | |
|---|---|---|---|
| 7D | -0.9% | -0.5% | -2.6% |
| 1Y | 46.2% | 30.4% | 7.1% |
Return vs Industry: 63T exceeded the German Entertainment industry which returned 27.8% over the past year.
Return vs Market: 63T exceeded the German Market which returned 8% over the past year.
Price Volatility
| 63T volatility | |
|---|---|
| 63T Average Weekly Movement | 9.5% |
| Entertainment Industry Average Movement | 6.0% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 11.6% |
| 10% least volatile stocks in DE Market | 2.5% |
Stable Share Price: 63T's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: 63T's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 5,185 | Ross Liang | www.tencentmusic.com |
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.
Tencent Music Entertainment Group Fundamentals Summary
| 63T fundamental statistics | |
|---|---|
| Market cap | €17.96b |
| Earnings (TTM) | €792.19m |
| Revenue (TTM) | €3.68b |
22.7x
P/E Ratio4.9x
P/S RatioIs 63T overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 63T income statement (TTM) | |
|---|---|
| Revenue | CN¥27.84b |
| Cost of Revenue | CN¥16.42b |
| Gross Profit | CN¥11.41b |
| Other Expenses | CN¥5.42b |
| Earnings | CN¥5.99b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.79 |
| Gross Margin | 41.00% |
| Net Profit Margin | 21.53% |
| Debt/Equity Ratio | 5.3% |
How did 63T perform over the long term?
See historical performance and comparisonDividends
1.1%
Current Dividend Yield25%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 16:39 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tencent Music Entertainment Group is covered by 57 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Jiong Shao | Barclays |
| Yanfang Jiang | Benchmark Company |