TENCENT MUSIC ENTERTAINMENT GROUPTENCENT MUSIC ENTERTAINMENT GROUPTENCENT MUSIC ENTERTAINMENT GROUP

TENCENT MUSIC ENTERTAINMENT GROUP

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Next report date
Report period
EPS estimate
Revenue estimate
Market capitalization
‪443.04 B‬MXN
‪11.79 B‬MXN
‪66.53 B‬MXN
‪692.54 M‬
Beta (1Y)
1.24

About Tencent Music Entertainment Group

CEO
Zhu Liang
Headquarters
Shenzhen
Employees (FY)
‪5.19 K‬
Founded
2012
FIGI
BBG010JBT0X5
Tencent Music Entertainment Group engages in the business of operating online music entertainment platforms to provide music streaming, online karaoke, and live streaming services. Its product brands include QQ Music, Kugou Music, Kuwo Music, and WeSing. The company was founded on June 6, 2012 and is headquartered in Shenzhen, China.
Performance
Revenue to profit conversion
Debt level and coverage
Earnings
Next:
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Summarizing what the indicators are suggesting.
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Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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Frequently Asked Questions

The current price of TME/N is 260.00 MXN — it has increased by 14.54% in the past 24 hours. Watch TENCENT MUSIC ENTERTAINMENT GROUP stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BIVA exchange TENCENT MUSIC ENTERTAINMENT GROUP stocks are traded under the ticker TME/N.
TME/N stock has risen by 35.75% compared to the previous week, the month change is a 49.06% rise, over the last year TENCENT MUSIC ENTERTAINMENT GROUP has showed a 47.75% increase.
We've gathered analysts' opinions on TENCENT MUSIC ENTERTAINMENT GROUP future price: according to them, TME/N price has a max estimate of 317.83 MXN and a min estimate of 160.25 MXN. Watch TME/N chart and read a more detailed TENCENT MUSIC ENTERTAINMENT GROUP stock forecast: see what analysts think of TENCENT MUSIC ENTERTAINMENT GROUP and suggest that you do with its stocks.
TME/N stock is 12.88% volatile and has beta coefficient of 1.24. Track TENCENT MUSIC ENTERTAINMENT GROUP stock price on the chart and check out the list of the most volatile stocks — is TENCENT MUSIC ENTERTAINMENT GROUP there?
Today TENCENT MUSIC ENTERTAINMENT GROUP has the market capitalization of ‪180.13 B‬, it has increased by 0.95% over the last week.
Yes, you can track TENCENT MUSIC ENTERTAINMENT GROUP financials in yearly and quarterly reports right on TradingView.
TENCENT MUSIC ENTERTAINMENT GROUP is going to release the next earnings report on Aug 12, 2024. Keep track of upcoming events with our Earnings Calendar.
TME/N earnings for the last quarter are 2.09 MXN per share, whereas the estimation was 2.15 MXN resulting in a −2.70% surprise. The estimated earnings for the next quarter are 2.54 MXN per share. See more details about TENCENT MUSIC ENTERTAINMENT GROUP earnings.
TENCENT MUSIC ENTERTAINMENT GROUP revenue for the last quarter amounts to ‪15.53 B‬ MXN despite the estimated figure of ‪15.06 B‬ MXN. In the next quarter revenue is expected to reach ‪16.54 B‬ MXN.
TME/N net income for the last quarter is ‪3.28 B‬ MXN, while the quarter before that showed ‪3.07 B‬ MXN of net income which accounts for 6.84% change. Track more TENCENT MUSIC ENTERTAINMENT GROUP financial stats to get the full picture.
TENCENT MUSIC ENTERTAINMENT GROUP dividend yield was 0% in 2023, and payout ratio reached 0%. The year before the numbers were 0% and 0% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of May 19, 2024, the company has ‪5.19 K‬ employees. See our rating of the largest employees — is TENCENT MUSIC ENTERTAINMENT GROUP on this list?
Like other stocks, TME/N shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade TENCENT MUSIC ENTERTAINMENT GROUP stock right from TradingView charts — choose your broker and connect to your account.