TME Stock Overview
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.
Tencent Music Entertainment Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$4.27|
|52 Week High||US$10.96|
|52 Week Low||US$2.95|
|1 Month Change||-11.23%|
|3 Month Change||12.37%|
|1 Year Change||-59.18%|
|3 Year Change||-70.45%|
|5 Year Change||n/a|
|Change since IPO||-69.50%|
Recent News & Updates
|TME||US Entertainment||US Market|
Return vs Industry: TME underperformed the US Entertainment industry which returned -43.4% over the past year.
Return vs Market: TME underperformed the US Market which returned -12.9% over the past year.
|TME Average Weekly Movement||8.4%|
|Entertainment Industry Average Movement||11.3%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.2%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: TME is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: TME's weekly volatility (8%) has been stable 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 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.
Tencent Music Entertainment Group Fundamentals Summary
|TME fundamental statistics|
Is TME overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TME income statement (TTM)|
|Cost of Revenue||CN¥21.27b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 15, 2022
|Earnings per share (EPS)||1.63|
|Net Profit Margin||9.02%|
How did TME perform over the long term?See historical performance and comparison