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Tencent Music Entertainment Group - ADR

TME.N

Latest Trade

15.21USD

Change

0.10(+0.66%)

Volume

2,092,514

Today's Range

14.93

 - 

15.24

52 Week Range

13.08

 - 

32.22

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
15.11
Open
15.09
Volume
2,092,514
3M AVG Volume
746.05
Today's High
15.24
Today's Low
14.93
52 Week High
32.22
52 Week Low
13.08
Shares Out (MIL)
5,100.28
Market Cap (MIL)
25,574.76
Forward P/E
35.62
Dividend (Yield %)
--

Next Event

Q2 2021 Tencent Music Entertainment Group Earnings Release

Latest Developments

更多

Tencent Music Entertainment Group Posts Q1 Revenue Of RMB 7.82 Bln

Tencent Music And Sony Music Entertainment Sign Multi-Year Extension Of Digital Distribution Agreement

Tencent Music Says Q4 Revenue Rose 14.3%

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About Tencent Music Entertainment Group - ADR

TENCENT MUSIC ENTERTAINMENT GROUP operates online music entertainment platform and music applications in China. The Company's platform comprises online music, online karaoke and music-centric live streaming services, supported by content offerings, technology and data. The Company's main platform includes QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, Kuwo Live and others.

Industry

Computer Services

Contact Info

17/F, Malata Building, Kejizhongyi Road

SHENZHEN, GNG

518057

China

+86.755.86013388

https://www.tencentmusic.com/

Executive Leadership

Cussion Kar Shun Pang

Executive Chairman of the Board

Zhenyu Xie

President, Chief Technology Officer, Director

Zhu Liang

Chief Executive Officer, Director

Min Hu

Chief Financial Officer

Linlin Chen

Group Vice President - Kugou

Key Stats

2.00 mean rating - 25 analysts
Sell
Hold
Buy
Revenue (MM, CNY)

2018

19.0K

2019

25.4K

2020

29.2K

2021(E)

34.7K
EPS (CNY)

2018

2.640

2019

2.930

2020

2.950

2021(E)

2.746
Price To Earnings (TTM)
39.27
Price To Sales (TTM)
5.39
Price To Book (MRQ)
3.17
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
10.58
LT Debt To Equity (MRQ)
10.37
Return on Investment (TTM)
8.33
Return on Equity (TTM)
7.08

Latest News

Latest News

FACTBOX-China's unprecedented crackdown on its internet sector

China is in the midst of an extraordinary clampdown on its once-freewheeling internet sector, with its competition regulator in particular dishing out fines and warnings and conducting investigations into the biggest names in the "platform economy".

UPDATE 3-Tencent Q1 profit rises 65% as online gaming revenue climbs

Chinese gaming and social media giant Tencent Holdings Ltd reported a forecast-beating 65% rise in quarterly profit on Thursday, while management reiterated the company's focus on compliance as China steps up scrutiny on tech giants.

Tencent Q1 profit rises 65%

Chinese gaming and social media giant Tencent Holdings Ltd reported on Thursday a forecast-beating 65% rise in quarterly profit.

腾讯音乐称面临更严格国内监管,将遵守反垄断等各项法规

腾讯音乐周二证实,正面临中国监管方更严格的监管,并称正“积极配合”监管方,致力于遵守“包括反垄断相关法律在内的”各项法规。

UPDATE 3-Tencent Music says facing increased China scrutiny, is committed to laws

Tencent Music Entertainment Group confirmed on Tuesday it is facing heightened scrutiny from Chinese regulators, adding it was "actively co-operating" with them and is committed to complying with all laws "including those related to anti-trust".

RPT-UPDATE 1-Tencent Music beats profit estimates on subscription growth

China's Tencent Music Entertainment Group on Monday beat quarterly profit estimates, driven by strong growth in subscription revenue and advertising sales from its music streaming platform.

Tencent Music posts 24% rise in quarterly revenue

China's Tencent Music Entertainment Group posted a 24% rise in quarterly revenue on Monday, driven by higher advertising sales from its music streaming platform.

金融巨鳄索罗斯第一季买入百度、唯品会及腾讯音乐等中概股--彭博新闻

据彭博新闻周六报导,国际基金经理人索罗斯的投资公司Soros Fund Management买入ViacomCBS Inc、Discovery Inc 和百度等公司的股票,这些股票在Bill Hwang管理的Archegos Capital Management爆仓时被抛售。

EXCLUSIVE-China readies Tencent penalty in antitrust crackdown- sources

China is preparing a substantial fine for Tencent Holdings as part of its sweeping antitrust clampdown on the country's internet giants, but it is likely to be less than the record $2.75 billion penalty imposed on Alibaba earlier this month, two people with direct knowledge...

UPDATE 1-Tencent Music appoints new CEO, chairman

Tencent Music Entertainment Group said on Thursday it appointed Zhu Liang as the new chief executive officer and Cussion Kar Shun Pang as the new executive chairman of the board, with immediate effect.

RPT-Tencent Music appoints new CEO, chairman

Tencent Music Entertainment Group on Thursday said it appointed Cussion Kar Shun Pang as its new executive chairman of the board and Zhu Liang as the new chief executive officer, with immediate effect.

Tencent Music appoints new CEO, chairman

Tencent Music Entertainment Group on Thursday said it appointed Cussion Kar Shun Pang as its new executive chairman of the board and Zhu Liang as the new chief executive officer, with immediate effect.

UPDATE 6-Credit Suisse overhauls management as it takes $4.7 bln hit on Archegos

* Credit Suisse flags Q1 pre-tax loss, 4.4 bln Sfr Archegos hit

Archegos-linked stocks slide as markets eye more unwinding

Archegos Capital Management’s ill-fated bets weighed on ViacomCBS, Discovery Inc and other media stocks on Monday, and at least one analyst said it remained unclear when banks exposed to the troubled family office would be done selling off their positions in the shares.

TIMELINE-Diary of a meltdown: how the Archegos Capital fire sale went down

The meltdown of Archegos Capital Management LP, a New York investment fund run by former Tiger Asia manager Bill Hwang, has sent shock waves across Wall Street and drawn regulatory scrutiny in three continents.

FOCUS-In Archegos fire sale, Credit Suisse, Nomura burned by slow exit

By Matt Scuffham, Elizabeth Dilts Marshall and Brenna Hughes Neghaiwi

UPDATE 5-Archegos losses tallied up, industry regulatory scrutiny grows

Wall Street counted the cost of the Archegos Capital meltdown on Tuesday, with pressure mounting on heavily exposed Credit Suisse and regulators stepping up scrutiny of the fallout from banks' unwinding the New York fund's positions.

Credit Suisse in firing line after Archegos losses

Pressure was mounting on Credit Suisse on Tuesday over losses linked to the downfall of Archegos Capital, with analysts warning its dividend and share buyback plans may need to go on hold and investors advised to vote against management pay.

UPDATE 11-Global banks brace for losses from Archegos fallout

Global banks may lose more than $6 billion from the downfall of Archegos Capital, sources familiar with trades involving the U.S. investment firm said on Monday, and regulators and investors fear the episode could reverberate more widely.

QUOTES 3-Archegos margin call share dump ripples across markets

Nomura and Credit Suisse are facing billions of dollars in losses after a U.S. hedge fund, named by sources as Archegos Capital, defaulted on margin calls, putting investors on edge about who else might have been caught out.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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