Tencent Music Entertainment Group (1698) Stock Overview
Operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People’s Republic of China. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for 1698 from our risk checks.
1698 Community Fair Values
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Tencent Music Entertainment Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$75.15 |
| 52 Week High | US$79.00 |
| 52 Week Low | US$36.25 |
| Beta | 0.50 |
| 1 Month Change | 37.89% |
| 3 Month Change | 53.52% |
| 1 Year Change | 31.61% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 312.46% |
Recent News & Updates
Recent updates
Shareholder Returns
| 1698 | HK Entertainment | HK Market | |
|---|---|---|---|
| 7D | 7.7% | 5.3% | 3.1% |
| 1Y | 31.6% | 39.6% | 26.3% |
Return vs Industry: 1698 underperformed the Hong Kong Entertainment industry which returned 39.6% over the past year.
Return vs Market: 1698 exceeded the Hong Kong Market which returned 26.3% over the past year.
Price Volatility
| 1698 volatility | |
|---|---|
| 1698 Average Weekly Movement | 9.4% |
| Entertainment Industry Average Movement | 9.5% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in HK Market | 14.9% |
| 10% least volatile stocks in HK Market | 4.2% |
Stable Share Price: 1698 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 1698's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 5,353 | Ross Liang | www.tencentmusic.com |
Tencent Music Entertainment Group operates online music entertainment platforms that provides 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, enjoy, and share 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 audience base; and Lazy Audio, an audio platform.
Tencent Music Entertainment Group Fundamentals Summary
| 1698 fundamental statistics | |
|---|---|
| Market cap | HK$230.75b |
| Earnings (TTM) | HK$10.40b |
| Revenue (TTM) | HK$31.70b |
Is 1698 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1698 income statement (TTM) | |
|---|---|
| Revenue | CN¥28.99b |
| Cost of Revenue | CN¥16.49b |
| Gross Profit | CN¥12.50b |
| Other Expenses | CN¥2.98b |
| Earnings | CN¥9.51b |
Last Reported Earnings
Mar 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 6.01 |
| Gross Margin | 43.11% |
| Net Profit Margin | 32.82% |
| Debt/Equity Ratio | 7.6% |
How did 1698 perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/12 00:41 |
| End of Day Share Price | 2025/06/12 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Tencent Music Entertainment Group is covered by 63 analysts. 31 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 |