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Tencent Music Entertainment Group (TME)

8.91 +0.50 (+5.95%)
At close: November 2 at 4:00:02 PM EST
8.86 -0.05 (-0.56%)
After hours: 7:40:36 PM EST
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  • Previous Close 8.41
  • Open 8.60
  • Bid 8.80 x 2230000
  • Ask 8.89 x 1380000
  • Day's Range 8.56 - 8.97
  • 52 Week Range 7.66 - 23.25
  • Volume 9,794,081
  • Avg. Volume 8,069,889
  • Market Cap (intraday) 14.521B
  • Beta (5Y Monthly) 0.72
  • PE Ratio (TTM) 10.87
  • EPS (TTM) 0.82
  • Earnings Date Nov 17, 2026
  • Forward Dividend & Yield 0.24 (2.85%)
  • 1y Target Est 12.72
  • Morningstar Rating Rating available with Stock Picks access

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 provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group operates as a subsidiary of Tencent Holdings Limited.

www.tencentmusic.com

5,690

Full Time Employees

December 31

Fiscal Year Ends

Recent News

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Performance Overview

Trailing total returns as of 11/2/2026, which may include dividends or other distributions. Benchmark is HANG SENG INDEX (^HSI) .

YTD Return

TME
48.19%
HANG SENG INDEX (^HSI)
8.73%

1-Year Return

TME
59.01%
HANG SENG INDEX (^HSI)
9.70%

3-Year Return

TME
29.66%
HANG SENG INDEX (^HSI)
35.77%

5-Year Return

TME
11.16%
HANG SENG INDEX (^HSI)
6.80%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 8.93B
Earnings 2.47B
Profit Margin 27.66%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
2B
4B
6B
8B
25.5%
26.0%
26.5%
27.0%
27.5%

Analyst Insights

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Analyst Price Targets

9.13
12.72 Average
8.91 Current
24.09 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/12/2026
Analyst China Renaissance
Rating Action Downgrade
Rating Hold
Price Action Announces
Price Target 9.3

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    26.28%

  • Return on Assets (ttm)

    5.60%

  • Return on Equity (ttm)

    10.97%

  • Revenue (ttm)

    33.93B

  • Net Income Avi to Common (ttm)

    8.92B

  • Diluted EPS (ttm)

    0.82

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    30.65B

  • Total Debt/Equity (mrq)

    20.83%

  • Levered Free Cash Flow (ttm)

    7.14B

Company Insights

Research Reports

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