Tencent Music Entertainment Group Share Price

Equities

TME

US88034P1093

Internet Services

Market Closed - Nyse 21:00:02 14/06/2024 BST 5-day change 1st Jan Change
14.8 USD -0.34% Intraday chart for Tencent Music Entertainment Group +5.19% +64.26%
Days
Hours
Minutes
Seconds
-40%
on all our subscriptions*
Last Hours!
Take advantage of the offer
* See conditions on site

Financials

Sales 2024 * 28.87B 3.98B 314B Sales 2025 * 32.3B 4.45B 351B Capitalization 167B 23.07B 1,819B
Net income 2024 * 6.35B 875M 69.02B Net income 2025 * 7.45B 1.03B 80.97B EV / Sales 2024 * 5.02 x
Net cash position 2024 * 22.45B 3.09B 244B Net cash position 2025 * 29.28B 4.04B 318B EV / Sales 2025 * 4.28 x
P/E ratio 2024 *
26.9 x
P/E ratio 2025 *
22.8 x
Employees 5,185
Yield 2024 *
0.16%
Yield 2025 *
0.1%
Free-Float 100%
More Fundamentals * Assessed data
Dynamic Chart
Asian Equities Traded in the US as American Depositary Receipts Fall Sharply in Tuesday Trading MT
Tencent Music, Tencent to Buy 10% Stake in Thailand's GMM Music MT
Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading MT
Tencent Music Entertainment Unit Acquiring 10% Stake in Thai GMM Music MT
GMM Music Announces Strategic Partnership with Tencent Music Entertainment Group and Tencent, with a Strategic Investment Valuing GMM Music at $700 Million USD CI
GMM Music Company Limited announced that it expects to receive funding from Tencent Music Entertainment Group, Tencent Holdings Limited CI
GMM Music Company Limited announced that it has received $70 million in funding from Tencent Holdings Limited, Tencent Music Entertainment Group CI
Citigroup Adjusts Price Target on Tencent Music Entertainment to $18 From $13, Keeps Buy Rating MT
Daiwa Securities Raises Price Target on Tencent Music Entertainment to $15.30 From $12.50, Maintains Buy Rating MT
HSBC Adjusts Price Target on Tencent Music Entertainment to $15.50 From $10.40, Keeps Hold Rating MT
Jefferies Adjusts Price Target on Tencent Music Entertainment to $15.40 From $12, Maintains Buy Rating MT
Goldman Sachs Adjusts Price Target on Tencent Music Entertainment to $16 From $14, Keeps Buy Rating MT
Benchmark Adjusts Price Target on Tencent Music Entertainment to $19 From $14, Keeps Buy Rating MT
Mizuho Securities Raises Price Target on Tencent Music Entertainment to $17 From $15, Keeps Buy Rating MT
Tencent Music's Q1 Profit Rises 24% Despite Lower Revenue; Shares Jump 9% MT
More news
1 day-0.34%
1 week+5.19%
Current month+2.42%
1 month+0.95%
3 months+41.63%
6 months+64.08%
Current year+64.26%
More quotes
1 week
14.00
Extreme 13.995
15.05
1 month
13.55
Extreme 13.55
15.77
Current year
8.19
Extreme 8.19
15.77
1 year
5.70
Extreme 5.7
15.77
3 years
2.95
Extreme 2.95
16.17
5 years
2.95
Extreme 2.95
32.25
10 years
2.95
Extreme 2.95
32.25
More quotes
Managers TitleAgeSince
Chief Executive Officer 48 14/04/21
Director of Finance/CFO 53 31/12/06
Chairman 51 30/04/14
Members of the board TitleAgeSince
Director/Board Member 51 10/12/18
Director/Board Member 55 26/05/22
Chairman 51 30/04/14
More insiders
Date Price Change Volume
14/06/24 14.8 -0.34% 15,860,074
13/06/24 14.85 +3.56% 9,777,209
12/06/24 14.34 -0.07% 6,669,687
11/06/24 14.35 +0.77% 6,418,928
10/06/24 14.24 +1.21% 3,447,009

Delayed Quote Nyse, June 14, 2024 at 09:00 pm

More quotes
Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The Company is mainly engaged in the provision of online music services, social entertainment services and other services. The Company operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The Company also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio. The Company is also engaged in the sales of music-related merchandise, the provision of services to smart device and car manufacturers and ticketing services for online music events. The Company mainly conducts its businesses in domestic and overseas markets.
Calendar
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
30
Last Close Price
107.4 CNY
Average target price
118.1 CNY
Spread / Average Target
+9.95%
Consensus
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
BENEFIT NOW