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TME

Tencent Music Entertainment Group NYSE:TME Stock Report

Last Price

US$4.27

Market Cap

US$7.1b

7D

1.4%

1Y

-59.2%

Updated

07 Aug, 2022

Data

Company Financials +
TME fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance2/6
Financial Health5/6
Dividends0/6

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

Summary of all time highs, changes and price drops for Tencent Music Entertainment Group
Historical stock prices
Current Share PriceUS$4.27
52 Week HighUS$10.96
52 Week LowUS$2.95
Beta0.71
1 Month Change-11.23%
3 Month Change12.37%
1 Year Change-59.18%
3 Year Change-70.45%
5 Year Changen/a
Change since IPO-69.50%

Recent News & Updates

Shareholder Returns

TMEUS EntertainmentUS Market
7D1.4%1.8%1.0%
1Y-59.2%-43.4%-12.9%

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.

Price Volatility

Is TME's price volatile compared to industry and market?
TME volatility
TME Average Weekly Movement8.4%
Entertainment Industry Average Movement11.3%
Market Average Movement7.9%
10% most volatile stocks in US Market17.2%
10% least volatile stocks in US Market3.2%

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

FoundedEmployeesCEOWebsite
n/a5,966Ross Lianghttps://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 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

How do Tencent Music Entertainment Group's earnings and revenue compare to its market cap?
TME fundamental statistics
Market CapCN¥47.93b
Earnings (TTM)CN¥2.71b
Revenue (TTM)CN¥30.06b

17.7x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TME income statement (TTM)
RevenueCN¥30.06b
Cost of RevenueCN¥21.27b
Gross ProfitCN¥8.80b
Other ExpensesCN¥6.09b
EarningsCN¥2.71b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 15, 2022

Earnings per share (EPS)1.63
Gross Margin29.26%
Net Profit Margin9.02%
Debt/Equity Ratio10.2%

How did TME perform over the long term?

See historical performance and comparison