Tencent Music Entertainment Group

SEHK:1698 Stock Report

Market Cap: HK$145.0b

Tencent Music Entertainment Group Ownership

Who are the major shareholders and have insiders been buying or selling?


Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of 1698?
Owner TypeNumber of SharesOwnership Percentage
General Public115,886,1107.32%
Institutions495,429,45231.3%
Public Companies970,934,55561.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 80.56% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
52.4%
Tencent Holdings Limited
829,519,206HK$76.0b0%no data
8.94%
Spotify Technology S.A.
141,415,349HK$13.0b0%no data
2.25%
Schroder Investment Management North America Inc.
35,592,111HK$3.3b165%1.28%
1.99%
BlackRock, Inc.
31,456,668HK$2.9b0.55%0.01%
1.85%
The Vanguard Group, Inc.
29,256,548HK$2.7b16.4%no data
1.43%
Invesco Ltd.
22,582,063HK$2.1b-13.2%0.07%
1.36%
Baillie Gifford & Co.
21,520,498HK$2.0b-2.69%0.11%
1.17%
Cantillon Capital Management LLC
18,456,585HK$1.7b39.9%1.25%
1.06%
Norges Bank Investment Management
16,709,080HK$1.5b0%0.02%
1.03%
Krane Funds Advisors, LLC
16,295,499HK$1.5b-5.51%2.62%
1%
Schroder Investment Management Limited
15,793,879HK$1.4b521%0.12%
0.81%
State Street Global Advisors, Inc.
12,821,488HK$1.2b1.31%0.01%
0.56%
Renaissance Technologies LLC
8,929,390HK$818.2m14.4%0.15%
0.48%
Aspex Management (HK) Limited
7,575,837HK$694.2m-43.8%2.09%
0.44%
Schroder Investment Management (Singapore) Ltd.
6,964,065HK$638.1m0%0.48%
0.4%
Legal & General Investment Management Limited
6,399,245HK$586.4m0.32%0.01%
0.4%
UBS Asset Management AG
6,295,205HK$576.8m89%0.01%
0.39%
Hermes Investment Management Limited
6,152,478HK$563.8m4.03%0.43%
0.39%
Goldman Sachs Asset Management, L.P.
6,148,998HK$563.4m-1.06%0.02%
0.38%
Allspring Global Investments, LLC
5,973,760HK$547.4m14.4%0.1%
0.38%
FMR LLC
5,969,757HK$547.0m98.9%no data
0.38%
Manulife Asset Management
5,957,714HK$545.9m-3.6%0.05%
0.36%
Citigroup Inc.,Banking and Securities Investments
5,683,363HK$520.8m-26.9%0.05%
0.36%
Coronation Fund Managers Limited
5,656,233HK$518.3m84.6%0.51%
0.35%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
5,531,727HK$506.9m1.51%0.02%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 21:55
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Ishan MajumdarBaptista Research
Jiong ShaoBarclays
Yanfang JiangBenchmark Company