Latest On Tencent Music Entertainment Group (TME):
| Date/Time | Type | Description | Signal | Details |
|---|---|---|---|---|
| 2024-05-31 06:00 EST | Dividend | A dividend of $0.14 has been announced on May 13, 2024. It will be paid Jun 27, 2024 with an ex-dividend date of May 31, 2024. | Neutral |  |
| 2023-05-18 00:35 EST | News | Tencent Music rises 9% as analysts boost ratings after earnings | N/A | |
| 2023-05-16 21:32 EST | News | Tencent Music Entertainment Group (TME) Q1 2023 Earnings Call Transcript | N/A | |
| 2023-05-16 07:11 EST | News | Tencent Music Entertainment GAAP EPADS of $0.11 beats by $0.03, revenue of $1.02B beats by $27.14M | N/A | |
| 2023-05-15 17:45 EST | News | Tencent Music Entertainment Q1 2023 Earnings Preview | N/A | |
About Tencent Music Entertainment Group (TME):
Tencent Music Entertainment Group operates online music entertainment platforms that provides 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 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. In addition, it sells music-related merchandise, including Kugou M1 headsets, smart speakers, WeSing karaoke micr read more...ophones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with CoMix Wave Films. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
General
- Name Tencent Music Entertainment Group
- Symbol TME
- Type Common Stock
- Exchange NYSE
- Currency USD
- Country USA
- SectorCommunication Services
- IndustryInternet Content & Information
- Full Time Employees 3,610
- Fiscal Year EndDecember
- IPO Date2018-12-12
- Gic SectorCommunication Services
- Gic GroupMedia & Entertainment
- Gic IndustryEntertainment
- Gic SubIndustryMovies & Entertainment
- Web URLhttp://www.tencentmusic.com
Valuation
- Trailing PE 88.02
- Forward PE 44.64
- Price/Sales (Trailing 12 Mt.) 9.93
- Price/Book (Most Recent Quarter) 5.65
- Enterprise Value Revenue 1.43
- Enterprise Value EBITDA 8.69
Financials
- Most Recent Quarter 2020-09-30
- Next Quarter EPS Estimate $0.12
- Profit Margin 14%
- Return on Assets 4%
- Return on Equity 9%
- Earnings Per Share $0.32
- Revenue Per Share $0
- Gross Profit 8.67 billion
- Quarterly Earnings Growth 16.4%
Highlights
- Market Capitalization 47.84 billion
- PE Ratio 11.54
- PEG Ratio 2.79
- Analyst Target Price $23.9
- Book Value Per Share $3.33
Share Statistics
- Shares Outstanding 1.68 billion
- Shares Float 449.43 million
- % Held by Insiders 967%
- % Held by Institutions 73.88%
- Shares Short 74 million
- Shares Short Prior Month 75.43 million
- Short Ratio 5.02
- Short % of Shares Outstanding 4%
Technicals
- Beta 1.19
- 52 Week High $29.01
- 52 Week Low $9.22
- 50 Day Moving Average 26.56
- 200 Day Moving Average 19.56
Dividends
- Dividend Date N/A
- ExDividend Date N/A
- Dividend Yield 1.31%
Tencent Music Entertainment Group (TME) Dividend Calendar:
Tencent Music Entertainment Group (TME) Earnings History:
Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.
Tencent Music Entertainment Group (TME) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
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Tencent Music Entertainment Group (TME) Chart:
Tencent Music Entertainment Group (TME) News:
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Tencent Music Entertainment Group (TME) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
Latest TME Trades:
Tencent Music Entertainment Group (TME) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
| Date | Form Type | View |
|---|---|---|
| 2020-10-26 | 6-K (Report of foreign issuer [Rules 13a-16 and 15d-16]) | |
| 2020-10-13 | 6-K (Report of foreign issuer [Rules 13a-16 and 15d-16]) | |
| 2020-09-30 | SC 13G (Statement of acquisition of beneficial ownership by individuals) | |
| 2020-09-30 | 6-K (Report of foreign issuer [Rules 13a-16 and 15d-16]) | |
| 2020-09-04 | 6-K (Report of foreign issuer [Rules 13a-16 and 15d-16]) | |
| 2020-09-04 | 6-K (Report of foreign issuer [Rules 13a-16 and 15d-16]) | |
| 2020-08-28 | 6-K (Report of foreign issuer [Rules 13a-16 and 15d-16]) | |
| 2020-08-27 | 424B2 (Prospectus [Rule 424(b)(2)]) | |
| 2020-08-27 | 6-K (Report of foreign issuer [Rules 13a-16 and 15d-16]) | |
| 2020-08-27 | 6-K (Report of foreign issuer [Rules 13a-16 and 15d-16]) | |
| 2020-08-26 | FWP (Filing under Securities Act Rules 163/433 of free writing prospectuses) | |
| 2020-08-24 | 6-K (Report of foreign issuer [Rules 13a-16 and 15d-16]) | |
| 2020-08-24 | F-3ASR (Automatic shelf registration statement of securities of well-known seasoned issuers) | |
| 2020-08-24 | 424B2 (Prospectus [Rule 424(b)(2)]) | |
| 2020-08-24 | 6-K (Report of foreign issuer [Rules 13a-16 and 15d-16]) | |
| 2020-08-10 | 6-K (Report of foreign issuer [Rules 13a-16 and 15d-16]) | |
| 2020-07-13 | 6-K (Report of foreign issuer [Rules 13a-16 and 15d-16]) | |
| 2020-07-06 | SC 13G/A (Statement of acquisition of beneficial ownership by individuals) | |
| 2020-06-12 | SC 13G (Statement of acquisition of beneficial ownership by individuals) | |
| 2020-06-12 | SC 13G (Statement of acquisition of beneficial ownership by individuals) | |