11.54
0.02 (0.17%)
| Previous Close | 11.52 |
| Open | 11.26 |
| Volume | 4,159,374 |
| Avg. Volume (3M) | 8,972,146 |
| Market Cap | 19,484,944,384 |
| Price / Earnings (TTM) | 23.55 |
| Price / Earnings (Forward) | 14.53 |
| Price / Sales | 4.75 |
| Price / Book | 2.30 |
| 52 Weeks Range | |
| Earnings Date | 12 Nov 2024 |
| TTM Dividend Yield | 1.19% |
| Profit Margin | 21.53% |
| Operating Margin (TTM) | 26.30% |
| Diluted EPS (TTM) | 0.490 |
| Quarterly Revenue Growth (YOY) | 6.80% |
| Quarterly Earnings Growth (YOY) | 35.50% |
| Total Debt/Equity (MRQ) | 5.86% |
| Current Ratio (MRQ) | 2.26 |
| Operating Cash Flow (TTM) | 9.77 B |
| Levered Free Cash Flow (TTM) | 8.41 B |
| Return on Assets (TTM) | 5.43% |
| Return on Equity (TTM) | 10.70% |
Market Trend
| Short Term | Medium Term | ||
| Industry | Internet Content & Information (US) | Mixed | Mixed |
| Internet Content & Information (Global) | Mixed | Mixed | |
| Stock | Tencent Music Entertainment Gro | Mixed | Bullish |
Stockmoo Score
| Analyst Consensus | 2.0 |
| Insider Activity | NA |
| Price Volatility | -1.0 |
| Technical Moving Averages | -1.0 |
| Technical Oscillators | -0.5 |
| Average | -0.13 |
|
Tencent Music 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 |
| Investment Style | Large Core |
| % Held by Institutions | 57.04% |
Ownership
| Name | Date | Shares Held |
|---|---|---|
| Cantillon Capital Management Llc | 30 Sep 2024 | 18,456,585 |
| Krane Funds Advisors Llc | 30 Sep 2024 | 16,295,499 |
| Aspex Management (Hk) Ltd | 30 Sep 2024 | 7,575,837 |
| 52 Weeks Range | ||
| Price Target Range | ||
| High | 16.00 (Barclays, 38.65%) | Buy |
| Median | 14.00 (21.32%) | |
| Low | 13.00 (Morgan Stanley, 12.65%) | Hold |
| Average | 14.33 (24.18%) | |
| Total | 2 Buy, 1 Hold | |
| Avg. Price @ Call | 11.39 | |
| Firm | Date | Target Price | Call | Price @ Call |
|---|---|---|---|---|
| Barclays | 06 Nov 2024 | 16.00 (38.65%) | Buy | 11.62 |
| Bernstein | 04 Nov 2024 | 14.00 (21.32%) | Buy | 11.26 |
| Morgan Stanley | 25 Sep 2024 | 13.00 (12.65%) | Hold | 11.28 |
No data within this time range.
| Date | Type | Details |
|---|---|---|
| 12 Nov 2024 | Announcement | Tencent Music Entertainment Group Announces Third Quarter 2024 Unaudited Financial Results |
| 17 Oct 2024 | Announcement | Tencent Music Entertainment Group Inks Strategic Partnership with Galaxy Corporation |
| 14 Oct 2024 | Announcement | Tencent Music Entertainment Group to Report Third Quarter 2024 Financial Results on November 12, 2024 |
| 27 Sep 2024 | Announcement | Tencent Music Entertainment Group Releases Inaugural ESG Report |
| 12 Sep 2024 | Announcement | Tencent Music Entertainment Group Launches Global Music Outreach Initiative |
| TTM Dividend Yield | 1.19% |
| Payout Ratio | 27.50% |
| Expected Next Dividend Payment | Jun 2025 |
| Ex Date | Announcement Date | Payment Date | Details |
|---|---|---|---|
| 31 May 2024 | 13 May 2024 | 27 Jun 2024 | 0.137 Cash |
Annual Dividend Yield
| Year | Annual Dividend ($) | Frequency/Year | Yield % |
|---|---|---|---|
| 2024 | 0.137 | 1 | 1.19 |
The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.
Portfolio
| Realized Profit | - |
| Unrealized Profit | - |
| Dividend Received 2024 | - |
| Total Profit | - |
| Avg. Return | - |
| Quantity (Buy) | - |
| Avg. Price (Buy) | - |
| Quantity (Sold) | - |
| Avg. Price (Sold) | - |