Tencent Music Entertainment Group ADR TME
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News
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Tencent Music Shares Rise After Earnings Beat
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Tencent Music Entertainment Up Nearly 10%, on Track for Highest Close Since July 2021 — Data Talk
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Nio, Alibaba shares jump as China breakout rally looks set to continue: analyst
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Tencent Music Entertainment Group Announces First Quarter 2024 Unaudited Financial Results and Annual Dividend Plan
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Tencent Music Entertainment Group Filed 2023 Annual Report on Form 20-F
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Tencent Music Entertainment Group to Report First Quarter 2024 Financial Results on May 13, 2024
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Tencent Music Entertainment Group Announces Senior Management Changes
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Tencent Music Entertainment Group Announces Fourth Quarter and Full-Year 2023 Unaudited Financial Results
Trading Information
- Previous Close Price
- $15.49
- Day Range
- $15.04–15.65
- 52-Week Range
- $5.70–15.77
- Bid/Ask
- $15.44 / $15.48
- Market Cap
- $26.46 Bil
- Volume/Avg
- 8.0 Mil / 8.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 27.92
- Price/Sales
- 6.33
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- 0.89%
- Total Yield
- 0.62%
Company Profile
TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Stock Style Box
- Large Growth
- Total Number of Employees
- 5,185
- Website
- https://www.tencentmusic.com
Competitors
Valuation
Metric
|
TME
|
SIRI
|
SPOT
|
---|---|---|---|
Price/Earnings (Normalized) | 27.92 | 7.72 | 415.68 |
Price/Book Value | 3.16 | — | 16.87 |
Price/Sales | 6.33 | 1.30 | 3.98 |
Price/Cash Flow | 21.31 | 5.38 | 105.86 |
Price/Earnings
TME
SIRI
SPOT
Financial Strength
Metric
|
TME
|
SIRI
|
SPOT
|
---|---|---|---|
Quick Ratio | 2.42 | 0.22 | 1.38 |
Current Ratio | 2.67 | 0.35 | 1.42 |
Interest Coverage | 46.80 | 4.69 | −2.14 |
Quick Ratio
TME
SIRI
SPOT
Profitability
Metric
|
TME
|
SIRI
|
SPOT
|
---|---|---|---|
Return on Assets (Normalized) | 8.61% | 14.48% | 3.49% |
Return on Equity (Normalized) | 11.56% | — | 11.24% |
Return on Invested Capital (Normalized) | 8.94% | 26.99% | 5.13% |
Return on Assets
TME
SIRI
SPOT
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