0A2Z 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
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Tencent Music Entertainment Group Competitors Price History & Performance
Summary of share price highs, lows and changes for Tencent Music Entertainment Group Historical stock prices Current Share Price US$9.00 52 Week High US$15.75 52 Week Low US$8.17 Beta 0.68 1 Month Change 0% 3 Month Change 0% 1 Year Change 0% 3 Year Change -43.75% 5 Year Change -26.49% Change since IPO -33.82%
Recent News & Updates
Investor sentiment improves as stock rises 26% Nov 20
Third quarter 2024 earnings released: EPS: CN¥1.02 (vs CN¥0.74 in 3Q 2023) Nov 13
Tencent Music Entertainment Group to Report Q3, 2024 Results on Nov 12, 2024 Oct 14
Investor sentiment improves as stock rises 19% Aug 27
Second quarter 2024 earnings released: EPS: CN¥1.09 (vs CN¥0.83 in 2Q 2023) Aug 14
Tencent Music Entertainment Group Announces Resignation of Linlin Chen as Group Vice President, Effective September 30, 2024 Jul 27 See more updates
Investor sentiment improves as stock rises 26% Nov 20
Third quarter 2024 earnings released: EPS: CN¥1.02 (vs CN¥0.74 in 3Q 2023) Nov 13
Tencent Music Entertainment Group to Report Q3, 2024 Results on Nov 12, 2024 Oct 14
Investor sentiment improves as stock rises 19% Aug 27
Second quarter 2024 earnings released: EPS: CN¥1.09 (vs CN¥0.83 in 2Q 2023) Aug 14
Tencent Music Entertainment Group Announces Resignation of Linlin Chen as Group Vice President, Effective September 30, 2024 Jul 27
Tencent Music Entertainment Group to Report Q2, 2024 Results on Aug 13, 2024 Jul 13
Tencent Music Entertainment Group, Annual General Meeting, Jun 28, 2024 May 23 Tencent Music Entertainment Group Adopts Annual Cash Dividend Policy; Declares Cash Dividend for the Fiscal Year of 2023, Payable on or Around June 21, 2024 May 14
First quarter 2024 earnings released: EPS: CN¥0.92 (vs CN¥0.74 in 1Q 2023) May 14
Investor sentiment improves as stock rises 51% May 06
Full year 2023 earnings released: EPS: CN¥3.15 (vs CN¥2.30 in FY 2022) Apr 19
Tencent Music Entertainment Group to Report Q1, 2024 Results on May 13, 2024 Apr 16
Tencent Music Entertainment Group Announces Management Changes, Effective March 31, 2024 Mar 22
Full year 2023 earnings released: EPS: CN¥3.15 (vs CN¥2.30 in FY 2022) Mar 20
Tencent Music Entertainment Group to Report Second Half, 2023 Results on Mar 19, 2024 Feb 21
Third quarter 2023 earnings released: EPS: CN¥0.74 (vs CN¥0.67 in 3Q 2022) Nov 15
Investor sentiment deteriorates as stock falls 25% Oct 19
Tencent Music Entertainment Group to Report Q3, 2023 Results on Nov 14, 2023 Oct 17
Investor sentiment deteriorates as stock falls 30% Sep 25
Second quarter 2023 earnings released: EPS: CN¥0.83 (vs CN¥0.53 in 2Q 2022) Aug 16
Now 36% undervalued after recent price drop Jul 26 Tencent Music Entertainment Group to Report Q2, 2023 Results on Aug 15, 2023
Now 22% undervalued after recent price drop Jun 26
Tencent Music Entertainment Group, Annual General Meeting, Jun 30, 2023 May 23
First quarter 2023 earnings released: EPS: CN¥0.74 (vs CN¥0.37 in 1Q 2022) May 17
Investor sentiment deteriorates as stock falls 18% May 09
Full year 2022 earnings released: EPS: CN¥2.30 (vs CN¥1.82 in FY 2021) Mar 21
Tencent Music Entertainment Group, Annual General Meeting, Dec 30, 2022 Nov 23
Third quarter 2022 earnings released: EPS: CN¥0.67 (vs CN¥0.45 in 3Q 2021) Nov 16
Less than half of directors are independent Nov 16
Tencent Music Entertainment Group to Report Q3, 2022 Results on Nov 15, 2022 Oct 18
Investor sentiment deteriorated over the past week Sep 19
Now 42% undervalued after recent price drop Sep 19
Tencent Music Entertainment Group Announces Board Changes Sep 15
Investor sentiment deteriorated over the past week Aug 29
Now 37% undervalued after recent price drop Aug 29
Second quarter 2022 earnings released Aug 16
Tencent Music Entertainment Group to Report Q2, 2022 Results on Aug 15, 2022 Jul 16
Tencent Music Entertainment Group Launches TME Business Intelligence for Artists to Empower Partners Jul 13
Tencent Music Entertainment Group Introduces the First Producers Alliance in China's Music Industry to Promote Music Production Quality Jul 12
Investor sentiment deteriorated over the past week Jun 02
Tencent Music Entertainment Group Announces Board Changes May 28
Tencent Music Entertainment Group Partners with Embassy of France in China on Collaborative Music Album May 19
Tencent Music Entertainment Group Provides Revenue Guidance for the Full Year 2022 May 18
Investor sentiment deteriorated over the past week May 03
Tencent Music Entertainment Group Announces New Service One-Click for All Apr 28
Full year 2021 earnings released: EPS: CN¥1.82 (vs CN¥2.51 in FY 2020) Apr 27
Less than half of directors are independent Apr 27
Tencent Music Entertainment Group to Report Q1, 2022 Results on May 16, 2022 Apr 20
Investor sentiment deteriorated over the past week Mar 11
Tencent Music Entertainment Group to Report Q4, 2021 Results on Mar 21, 2022 Feb 15
Investor sentiment deteriorated over the past week Jan 21
Investor sentiment deteriorated over the past week Dec 28
Third quarter 2021 earnings released: EPS CN¥0.45 (vs CN¥0.68 in 3Q 2020) Nov 10
Investor sentiment deteriorated over the past week Aug 30
Second quarter 2021 earnings released: EPS CN¥0.49 (vs CN¥0.57 in 2Q 2020) Aug 18
Investor sentiment deteriorated over the past week Aug 04
First quarter 2021 earnings released: EPS CN¥0.55 (vs CN¥0.54 in 1Q 2020) May 19
Chairman of the Board Tao Sang Tong has left the company Apr 17
Full year 2020 earnings released: EPS CN¥2.51 (vs CN¥2.43 in FY 2019) Apr 11
Tencent Music Entertainment Group (NYSE:TME) announces an Equity Buyback for $1,000 million worth of its shares. Mar 30
Investor sentiment deteriorated over the past week Mar 30
Full year 2020 earnings released: EPS CN¥2.51 (vs CN¥2.43 in FY 2019) Mar 24
Tencent Music Entertainment Group Provides Earnings Guidance for the Full Year of Fiscal 2021 Mar 23
Tencent Music Entertainment Group to Report Q4, 2020 Results on Mar 22, 2021 Feb 22
Consortium led by Tencent Holdings Limited (SEHK:700), Tencent Music Entertainment Group (NYSE:TME) and certain global financial investors completed the acquisition of an additional 10% stake in Universal Music Group, Inc. from Vivendi SA (ENXTPA:VIV). Jan 31
New 90-day high: US$26.60 Jan 19
Investor sentiment improved over the past week Jan 19
Tencent Music Entertainment Group (NYSE:TME) entered into a disposal agreement to acquire Shenzhen Lanren Online Technology Co, Ltd. from a group of shareholders for CNY 2.7 billion. Jan 16
New 90-day high: US$19.70 Dec 30
Tencent Music Entertainment Group Partners with Norwegian Embassy in China on Collaborative Music Album Dec 23
Consortium led by Tencent Holdings Limited (SEHK:700), Tencent Music Entertainment Group (NYSE:TME) and certain global financial investors agreed to acquire an additional 10% stake in Universal Music Group, Inc. from Vivendi SA (ENXTPA:VIV) for on an enterprise value of €30 billion. Dec 19
Investor sentiment improved over the past week Dec 12
Market bids up stock over the past week Dec 09
New 90-day high: US$17.50 Dec 09
Tencent Music Entertainment Group Announces Strategic Partnership and Investment in Wave Nov 19
New 90-day high: US$16.60 Nov 13
Revenue beats expectations Nov 11 Tencent Music Entertainment Group and peermusic Reaches Exclusive Digital Licensing Deal in China
Tencent Music Entertainment Group Appoints Yau Kee Mak as New Independent Director and as a Member of the Audit Committee Oct 27
Tencent Music Teams Up with WWF and Beijing Youcishan Culture Media Co. Ltd on Pioneering Music and Visual Art Crossover Project Oct 17
New 90-day low: US$13.95 Oct 15
Tencent Music Entertainment Group to Report Q3, 2020 Results on Nov 10, 2020 Oct 14
Tencent Music Entertainment Group Launches Collection of Folk Music in Local Dialects by Indie Artists After 12-Week Competition Sep 26
First half earnings released Aug 26 Shareholder Returns 0A2Z GB Entertainment GB Market 7D 0% 0.3% -2.6% 1Y 0% 18.5% 2.7%
See full shareholder returns
Return vs Market: 0A2Z underperformed the UK Market which returned 2.7% over the past year.
Price Volatility Is 0A2Z's price volatile compared to industry and market? 0A2Z volatility 0A2Z Average Weekly Movement 0% Entertainment Industry Average Movement 7.1% Market Average Movement 4.8% 10% most volatile stocks in GB Market 10.5% 10% least volatile stocks in GB Market 2.6%
Stable Share Price: Data is not available.
Volatility Over Time: Insufficient data to determine 0A2Z's volatility change over the past year.
About the Company 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.
Show more Tencent Music Entertainment Group Fundamentals Summary How do Tencent Music Entertainment Group's earnings and revenue compare to its market cap? 0A2Z fundamental statistics Market cap US$18.65b Earnings (TTM ) US$821.09m Revenue (TTM ) US$3.81b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 0A2Z 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
Earnings per share (EPS) 3.79 Gross Margin 41.00% Net Profit Margin 21.53% Debt/Equity Ratio 5.3%
How did 0A2Z perform over the long term?
See historical performance and comparison Dividends
1.1% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/20 20:24 End of Day Share Price 2024/12/20 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 Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* 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 .
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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
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