Tencent Music Entertainment Group Stock Hong Kong S.E.

Equities

1698

XD0440235394

Internet Services

End-of-day quote Hong Kong S.E. 18:00:00 2024-02-04 EST 5-day change 1st Jan Change
36 HKD -1.37% Intraday chart for Tencent Music Entertainment Group +5.42% +5.88%

Financials

Sales 2024 * 28.87B 3.98B 31.08B 5.46B Sales 2025 * 32.3B 4.45B 34.77B 6.11B Capitalization 167B 23.07B 180B 31.68B
Net income 2024 * 6.35B 875M 6.84B 1.2B Net income 2025 * 7.45B 1.03B 8.02B 1.41B EV / Sales 2024 * 5.02 x
Net cash position 2024 * 22.45B 3.09B 24.17B 4.25B Net cash position 2025 * 29.28B 4.04B 31.53B 5.54B EV / Sales 2025 * 4.28 x
P/E ratio 2024 *
26.9 x
P/E ratio 2025 *
22.8 x
Employees -
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 Shares Rise After Earnings Beat DJ
More news
Managers TitleAgeSince
Chief Executive Officer 48 21-04-14
Director of Finance/CFO 53 06-12-31
Chairman 51 14-04-30
Members of the board TitleAgeSince
Director/Board Member 51 18-12-10
Director/Board Member 55 22-05-26
Chairman 51 14-04-30
More insiders
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
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