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Tencent Music Entertainment Group stock

TME
US88034P1093
A2N7WQ

Price

88.79
Today +/-
-0.24
Today %
-2.04 %

Tencent Music Entertainment Group stock price

%
Weekly
Details

Price

ⓘ

Overview

The Quote Chart provides detailed and dynamic insights into the Tencent Music Entertainment Group stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Tencent Music Entertainment Group stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Tencent Music Entertainment Group stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Tencent Music Entertainment Group's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Tencent Music Entertainment Group Stock Price History

DateTencent Music Entertainment Group Price
12/11/202488.79 undefined
12/10/202490.62 undefined
12/9/202495.53 undefined
12/6/202491.26 undefined
12/5/202488.77 undefined
12/4/202488.55 undefined
12/3/202489.62 undefined
12/2/202488.65 undefined
11/29/202482.68 undefined
11/27/202483.40 undefined
11/26/202480.26 undefined
11/25/202481.09 undefined
11/22/202483.53 undefined
11/21/202483.39 undefined
11/20/202482.89 undefined
11/19/202480.72 undefined
11/18/202483.10 undefined
11/15/202480.03 undefined
11/14/202478.12 undefined
11/13/202476.13 undefined
11/12/202479.00 undefined

Tencent Music Entertainment Group Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

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Understanding Revenue, EBIT, and Income

Gain insights into Tencent Music Entertainment Group, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Tencent Music Entertainment Group from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Tencent Music Entertainment Group’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Tencent Music Entertainment Group. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Tencent Music Entertainment Group’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Tencent Music Entertainment Group’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Tencent Music Entertainment Group’s growth potential.

Tencent Music Entertainment Group Revenue, EBIT and net profit per share

DateTencent Music Entertainment Group RevenueTencent Music Entertainment Group EBITTencent Music Entertainment Group Net Income
2029e46.4 B undefined18.05 B undefined0 undefined
2028e43.84 B undefined14.9 B undefined0 undefined
2027e38.26 B undefined12.66 B undefined22.15 B undefined
2026e34.43 B undefined10.94 B undefined21.55 B undefined
2025e31.46 B undefined9.51 B undefined19.03 B undefined
2024e28.81 B undefined8.16 B undefined16.54 B undefined
202327.75 B undefined4.78 B undefined4.92 B undefined
202228.34 B undefined3.22 B undefined3.68 B undefined
202131.24 B undefined2.72 B undefined3.03 B undefined
202029.15 B undefined3.73 B undefined4.16 B undefined
201925.43 B undefined3.93 B undefined3.98 B undefined
201818.99 B undefined3.31 B undefined1.83 B undefined
201710.98 B undefined1.38 B undefined1.33 B undefined
20164.36 B undefined84 M undefined82 M undefined

Tencent Music Entertainment Group Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (B)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (B)NET INCOME (B)NET INCOME GROWTH (%)SHARES (B)DOCUMENTS
201620172018201920202021202220232024e2025e2026e2027e2028e2029e
4.3610.9818.9925.4329.1531.2428.3427.7528.8131.4634.4338.2643.8446.4
-151.8072.8933.9714.627.17-9.30-2.073.809.209.4411.1314.575.85
28.2534.7038.3334.1031.9130.1030.9635.2934.0031.1428.4525.6022.3521.11
1.233.817.288.679.39.48.779.8000000
0.081.331.833.984.163.033.684.9216.5419.0321.5522.1500
-1,517.0738.24117.244.34-27.1021.3933.80236.2615.0313.232.81--
3.273.273.273.353.363.363.243.17000000
--------------
Details

Keystats

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Revenue and Growth

The Tencent Music Entertainment Group Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Tencent Music Entertainment Group is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (B)RECEIVABLES (B)OTHER REC. (M)INVENTORIES (M)OTHER CURRENT LIAB. (B)CURRENT ASSETS (B)TANGIBLE ASSETS (B)LONG-T. INVEST. (B)LONG-T. REC. (M)INTANGIBLE ASSETS (B)GOODWILL (B)OTHER NON-CURRENT ASSETS (B)NON-CURRENT ASSETS (B)TOTAL ASSETS (B)LIABILITIESCOMMON STOCK (M)ADDITIONAL PAID-IN CAPITAL (B)RETAINED EARNINGS (B)OTHER EQUITY (M)UNREAL. GAINS/LOSSES (B)EQUITY (B)LIABILITIES (B)PROVISIONS (B)OTHER SHORT-TERM LIAB. (B)SHORT-TERM DEBTS (M)LONG-TERM DEBT PORTION (M)SHORT-TERM REC. (B)LONG-T. LIAB. (B)DEFERRED TAXES (M)OTHER LIAB. (M)LONG-T. LIABILITIES (B)DEBT (B)TOTAL CAPITAL (B)
20162017201820192020202120222023
               
3.335.1717.4422.4726.0220.4320.8823.54
0.721.161.482.22.83.612.672.92
90141113203188187253179
143035261824148
0.840.961.712.022.662.542.743.29
57.4720.7826.9131.6926.7926.5629.94
0.110.130.170.330.492.023.23.29
0.34.123.785.1712.3811.17.811.12
00000000
2.011.721.761.622.022.832.372.03
15.7616.2617.0917.1417.4919.1219.4919.54
0.360.311.021.514.215.397.599.61
18.5422.5323.8325.7636.5940.4640.4545.6
23.543044.6152.6868.2767.2567.0175.54
               
22222222
20.0623.9233.7834.4335.0436.2436.4636.58
0.522.334.178.1312.4115.4819.2824.25
42-101451681-652-1,135-238-145
00-0.680.365.583.39-1.052.22
20.6326.1437.7243.5952.3853.9854.4562.9
11.051.832.563.574.3355.01
0.290.641.572.252.853.263.022.88
1.241.842.843.623.082.773.584.02
00000000
0006910392123115
2.523.536.248.499.610.4511.7212.01
0000.085.395.275.845.93
350304354297265271211239
2821241135282211112148
0.380.330.60.515.945.756.176.32
2.93.856.83915.5416.217.8818.33
23.5329.9944.5552.5967.9270.1872.3381.24
Details

Balance Sheet

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Understanding the Balance Sheet

The balance sheet of Tencent Music Entertainment Group provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Tencent Music Entertainment Group's financial health and stability.

Assets

Tencent Music Entertainment Group's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Tencent Music Entertainment Group must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Tencent Music Entertainment Group after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Tencent Music Entertainment Group's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (B)DEPRECIATION (B)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (B)NON-CASH ITEM (B)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (B)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (M)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (M)NET CHANGE IN EQUITY (B)CASH FLOW FROM FINANCING ACTIVITIES (B)CASH FLOW FROM OTHER FINANCING ACTIVITIES (M)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (B)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
20162017201820192020202120222023
0.111.624.544.633.634.370
0.240.380.370.580.8211.160
00000000
0.370.341.411.03-0.50.562.197.34
0.320.552.330.570.490.690.420
00000000
672072215646375897330
0.872.55.636.24.895.247.487.34
-41-77-144-286-501-2,758-1,0530
496-483-1,190-8,102-14,206-5,999-1,446-1,863
537-406-1,046-7,816-13,705-3,241-393-1,863
00000000
000-63-93-221-2450
1.90.087.740.145.43-3.36-3.050
1.710.17.74-0.035.29-3.71-3.42-1.54
-189200-110-44-127-128-1,538
00000000
3.072.112.18-1.93-4.3-4.542.964.01
8322,4235,4885,9144,3842,4816,4287,337
00000000

Tencent Music Entertainment Group stock margins

The Tencent Music Entertainment Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Tencent Music Entertainment Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Tencent Music Entertainment Group.

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Gross margin
EBIT margin
Profit margin
Details

Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Tencent Music Entertainment Group's sales revenue. A higher gross margin percentage indicates that the Tencent Music Entertainment Group retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Tencent Music Entertainment Group's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Tencent Music Entertainment Group's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Tencent Music Entertainment Group's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Tencent Music Entertainment Group. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Tencent Music Entertainment Group's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Tencent Music Entertainment Group Margin History

Tencent Music Entertainment Group Gross marginTencent Music Entertainment Group Profit marginTencent Music Entertainment Group EBIT marginTencent Music Entertainment Group Profit margin
2029e35.29 %38.89 %0 %
2028e35.29 %33.98 %0 %
2027e35.29 %33.09 %57.9 %
2026e35.29 %31.79 %62.59 %
2025e35.29 %30.22 %60.5 %
2024e35.29 %28.31 %57.43 %
202335.29 %17.21 %17.73 %
202230.96 %11.35 %12.98 %
202130.1 %8.7 %9.69 %
202031.91 %12.78 %14.25 %
201934.1 %15.45 %15.66 %
201838.33 %17.41 %9.65 %
201734.7 %12.53 %12.08 %
201628.25 %1.93 %1.88 %

Tencent Music Entertainment Group Stock Sales Revenue, EBIT, Earnings per Share

The Tencent Music Entertainment Group earnings per share therefore indicates how much revenue Tencent Music Entertainment Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Tencent Music Entertainment Group earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Tencent Music Entertainment Group's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Tencent Music Entertainment Group’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Tencent Music Entertainment Group's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Tencent Music Entertainment Group Revenue, EBIT and net profit per share

DateTencent Music Entertainment Group Sales per ShareTencent Music Entertainment Group EBIT per shareTencent Music Entertainment Group Earnings per Share
2029e13.52 undefined0 undefined0 undefined
2028e12.77 undefined0 undefined0 undefined
2027e11.15 undefined0 undefined6.46 undefined
2026e10.03 undefined0 undefined6.28 undefined
2025e9.17 undefined0 undefined5.55 undefined
2024e8.39 undefined0 undefined4.82 undefined
20238.76 undefined1.51 undefined1.55 undefined
20228.76 undefined0.99 undefined1.14 undefined
20219.29 undefined0.81 undefined0.9 undefined
20208.68 undefined1.11 undefined1.24 undefined
20197.6 undefined1.17 undefined1.19 undefined
20185.8 undefined1.01 undefined0.56 undefined
20173.36 undefined0.42 undefined0.41 undefined
20161.33 undefined0.03 undefined0.03 undefined

Tencent Music Entertainment Group business model

Tencent Music is a Chinese music platform that was created in 2016 through the merger of Tencent Music Entertainment and China Music Corporation. It is a subsidiary of Tencent Holdings Limited, one of China's largest internet companies. Tencent Music offers various types of music content such as online karaoke, music streaming, music videos, and social features for users. Tencent Music Entertainment Group is one of the most popular companies on Eulerpool.com.

Tencent Music Entertainment Group SWOT Analysis

Strengths

Tencent Music is a dominant player in the Chinese music streaming market, with a large user base and solid brand recognition.

The company benefits from strong partnerships with major record labels and has an extensive music library, offering a wide variety of songs and genres.

Tencent Music has built a comprehensive music ecosystem, integrating social features and live streaming capabilities, which enhances user engagement and promotes user-generated content.

The company has successfully monetized its platform through multiple revenue streams, including subscriptions, advertising, and virtual gifting.

Tencent Music has the advantage of being part of the larger Tencent Holdings conglomerate, which provides access to vast resources, technology, and cross-platform integration.

Weaknesses

Tencent Music heavily relies on licensing agreements with record labels, which can subject the company to potential risks and uncertainties related to negotiations and contract renewals.

The company faces intense competition from other music platforms in China, leading to potential challenges in attracting and retaining users.

Tencent Music's success heavily depends on the popularity and success of the Chinese music industry, which could be impacted by changes in consumer preferences, government regulations, or economic factors.

Opportunities

The Chinese music streaming market is continuously growing, driven by increasing smartphone penetration, disposable incomes, and a growing appreciation for music consumption.

Tencent Music can explore international expansion opportunities by leveraging its existing user base and partnerships to tap into global markets.

The company can further enhance user engagement and retention by continuously improving its recommendation algorithms, personalized playlists, and social features.

Tencent Music can diversify its revenue streams by expanding into adjacent areas such as concert ticketing, merchandise sales, or artist partnerships.

Threats

Competition from both domestic and international music streaming platforms poses a significant threat to Tencent Music's market position and user base.

Changes in regulations, copyright laws, or licensing requirements could disrupt the company's operations and limit its ability to offer certain music content.

Economic downturns or shifts in consumer spending habits can impact disposable incomes and reduce demand for music streaming services, potentially affecting Tencent Music's revenue.

Tencent Music Entertainment Group Revenue by Segment

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Details

Revenue by Segment

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Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Tencent Music Entertainment Group Revenue by Segment

Segmente20222020
Social Entertainment Services And Others15.86 B CNY19.8 B CNY
Online Music Services12.48 B CNY9.35 B CNY
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Tencent Music Entertainment Group Eulerpool Fair Value

Details

Fair Value

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Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Tencent Music Entertainment Group historical P/E ratio, EBIT multiple, and P/S ratio

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Tencent Music Entertainment Group shares outstanding

The number of shares was Tencent Music Entertainment Group in 2023 — This indicates how many shares 3.168 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
Details

Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Tencent Music Entertainment Group earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Tencent Music Entertainment Group's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Tencent Music Entertainment Group’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Tencent Music Entertainment Group's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Tencent Music Entertainment Group dividend history and estimates

In 2023, Tencent Music Entertainment Group paid a dividend amounting to 0 CNY. Dividend means that Tencent Music Entertainment Group distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

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Dividend Overview

The dividend per year chart for Tencent Music Entertainment Group provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Tencent Music Entertainment Group’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Tencent Music Entertainment Group's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Tencent Music Entertainment Group Dividend History

DateTencent Music Entertainment Group Dividend
2027e0.73 undefined
2026e0.71 undefined
2025e0.63 undefined
2024e0.55 undefined

Tencent Music Entertainment Group dividend payout ratio

In 2023, Tencent Music Entertainment Group had a payout ratio of 0%. The payout ratio indicates the percentage of the company's profits that Tencent Music Entertainment Group distributes as dividends.

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Payout ratio
Details

Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Tencent Music Entertainment Group represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Tencent Music Entertainment Group could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Tencent Music Entertainment Group's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Tencent Music Entertainment Group Payout Ratio History

DateTencent Music Entertainment Group Payout ratio
2029e11.37 %
2028e11.37 %
2027e11.37 %
2026e11.37 %
2025e11.37 %
2024e11.37 %
20230 %
20220 %
20210 %
20200 %
20190 %
20180 %
20170 %
20160 %
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Unfortunately, there are currently no price targets and forecasts available for Tencent Music Entertainment Group.

Tencent Music Entertainment Group latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
9/30/20241.22 1.16  (-4.79 %)2024 Q3
6/30/20241.19 1.19  (0.34 %)2024 Q2
3/31/20241.03 1.09  (5.99 %)2024 Q1
12/31/20230.99 1  (1.45 %)2023 Q4
9/30/20230.89 0.89  (0.03 %)2023 Q3
6/30/20230.99 0.97  (-2.3 %)2023 Q2
3/31/20230.8 0.89  (11.1 %)2023 Q1
12/31/20220.9 0.91  (1.01 %)2022 Q4
9/30/20220.71 0.86  (20.31 %)2022 Q3
6/30/20220.56 0.63  (12.02 %)2022 Q2
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Eulerpool ESG Scorecard© for the Tencent Music Entertainment Group stock

Eulerpool World ESG Rating (EESG©)

32/ 100

🌱 Environment

33

👫 Social

49

🏛️ Governance

13

Environment

Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency

Social

Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

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Tencent Music Entertainment Group shareholders

%
Name
Stocks
Change
Date
0.72755 % The Vanguard Group, Inc.24,970,48167,0816/30/2024
0.64438 % Baillie Gifford & Co.22,115,922-4,207,6486/30/2024
0.55234 % BlackRock Institutional Trust Company, N.A.18,957,29286,3736/30/2024
0.47479 % Krane Funds Advisors, LLC16,295,499-950,4829/30/2024
0.46866 % INVESCO Asset Management Limited16,085,228-3,452,8106/30/2024
0.39259 % Aspex Management (HK) Limited13,474,261-4,539,3756/30/2024
0.39184 % Schroder Investment Management North America Inc.13,448,38113,433,2896/30/2024
0.38433 % Cantillon Capital Management LLC13,190,80213,190,8026/30/2024
0.36873 % State Street Global Advisors (US)12,655,263-496,4826/30/2024
0.28256 % Invesco Hong Kong Limited9,697,743958,1846/30/2024
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Most common questions regarding Tencent Music Entertainment Group

What values and corporate philosophy does Tencent Music Entertainment Group represent?

Tencent Music, a leading online music platform in China, represents several key values and a distinctive corporate philosophy. The company places great importance on innovation and providing high-quality services to its users. Tencent Music also values integrity, striving to maintain transparent and ethical practices in the industry. With a focus on promoting diversity and inclusivity, the company aims to cater to the diverse music tastes of its users. Tencent Music believes in delivering value to its shareholders, while also recognizing the significance of sustainable development. By prioritizing user satisfaction and embracing technological advancements, Tencent Music continues to solidify its position as a leader in the online music market.

In which countries and regions is Tencent Music Entertainment Group primarily present?

Tencent Music primarily operates in its home market of China. As one of the leading music streaming platforms, it dominates the Chinese music industry and has a substantial user base within the country. Tencent Music's services are widely available throughout China, serving millions of users with its diverse music content, live-streaming performances, and social features.

What significant milestones has the company Tencent Music Entertainment Group achieved?

Tencent Music, a leading Chinese online music platform, has achieved significant milestones that have solidified its position in the industry. Firstly, it became the largest music streaming service provider in China, boasting over 800 million monthly active users. Secondly, Tencent Music successfully completed its initial public offering (IPO) on the New York Stock Exchange in December 2018, raising $1.1 billion. Additionally, the company has formed valuable partnerships, such as collaborations with international music labels to expand its global music library. Furthermore, Tencent Music has introduced innovative features, like personalized music recommendations and live streaming concerts, enhancing user engagement. These milestones highlight Tencent Music's continuous growth and commitment to revolutionizing the music entertainment landscape.

What is the history and background of the company Tencent Music Entertainment Group?

Tencent Music is a leading online music entertainment platform in China. Established in 2016, it is a subsidiary of Tencent Holdings Limited, a global leader in internet value-added services. The company operates popular music streaming platforms such as QQ Music, Kugou Music, and Kuwo Music, boasting a vast user base and a diverse range of domestic and international music content. Tencent Music's success can be attributed to its strong partnerships with music labels, artists, and its ability to offer personalized music recommendations, innovative features, and social interactive features. With continuous growth and relentless innovation, Tencent Music has become a prominent player in the Chinese music industry.

Who are the main competitors of Tencent Music Entertainment Group in the market?

Some of the main competitors of Tencent Music in the market include popular music streaming platforms like Spotify, Apple Music, and Amazon Music. These companies also offer a wide range of music streaming services and have a significant presence in the global music market. However, Tencent Music differentiates itself by focusing on the Chinese market and leveraging its strong relationship with its parent company, Tencent Holdings. With its unique position and extensive music library, Tencent Music continues to compete and maintain a strong foothold in the music streaming industry.

In which industries is Tencent Music Entertainment Group primarily active?

Tencent Music is primarily active in the music industry.

What is the business model of Tencent Music Entertainment Group?

The business model of Tencent Music revolves around providing online music streaming and related entertainment services in China. Tencent Music operates several platforms, including QQ Music, Kugou Music, and Kuwo Music, which cater to different user preferences. Through these platforms, Tencent Music offers a diverse library of licensed music content, as well as live streaming, karaoke, music-centric social networking, and online ticket sales for concerts and events. By leveraging partnerships with music producers, record labels, and artists, Tencent Music delivers a comprehensive digital music experience to its large user base in China.

What is the P/E ratio of Tencent Music Entertainment Group 2024?

The Tencent Music Entertainment Group P/E ratio is 17.

What is the P/S ratio of Tencent Music Entertainment Group 2024?

The Tencent Music Entertainment Group P/S ratio is 9.77.

What is the Quality Investing of Tencent Music Entertainment Group?

The Quality Investing for Tencent Music Entertainment Group is 2/10.

What is the revenue of Tencent Music Entertainment Group 2024?

The expected Tencent Music Entertainment Group revenue is 28.81 B CNY.

How high is the profit of Tencent Music Entertainment Group 2024?

The expected Tencent Music Entertainment Group profit is 16.54 B CNY.

What is the business model of Tencent Music Entertainment Group

The company Tencent Music is a leading provider of online music in China and is one of the largest music streaming companies worldwide. Its business model is based on offering users a wide range of music content and services, including various online platforms and services operated by the company. Tencent Music operates three different divisions: QQ Music, Kugou Music, and Kuwo Music. Each division has its own platform and offers different content and services. QQ Music is the largest division and has more than 800 million monthly active users. Tencent Music's main products are streaming services, which allow users to listen to music online. Through Tencent Music's platforms, users can access millions of songs licensed by the company. Different subscription models are offered, which differ in pricing and included features. For example, users can listen to or download music ad-free in the premium version. In addition to music streaming, Tencent Music also offers various other services and products. For example, there is a karaoke service where users can sing online with friends. There is also a mobile app that allows users to create and share their own music videos online. Another important product of Tencent Music is music distribution. The company works with thousands of music labels and offers them a platform to release and market their music. Algorithms are used to analyze user trends and preferences and optimize music recommendations accordingly. In addition to music streaming and distribution, Tencent Music has also ventured into other business fields. For example, the company has its own live streaming platform where users can follow concerts and other live events. Another business field is social networking: Tencent Music operates its own social media platforms where users can connect and exchange. Overall, Tencent Music's business model is based on offering users a comprehensive platform for music and entertainment. The company strives to continuously improve and expand its content and services. Through collaboration with music labels and artists, as well as the use of AI and other innovative technologies, Tencent Music will continue to play an important role in the music market.

What is the Tencent Music Entertainment Group dividend?

Tencent Music Entertainment Group pays a dividend of 0 CNY distributed over payouts per year.

How often does Tencent Music Entertainment Group pay dividends?

The dividend cannot currently be calculated for Tencent Music Entertainment Group or the company does not pay out a dividend.

What is the Tencent Music Entertainment Group ISIN?

The ISIN of Tencent Music Entertainment Group is US88034P1093.

What is the Tencent Music Entertainment Group WKN?

The WKN of Tencent Music Entertainment Group is A2N7WQ.

What is the Tencent Music Entertainment Group ticker?

The ticker of Tencent Music Entertainment Group is TME.

How much dividend does Tencent Music Entertainment Group pay?

Over the past 12 months, Tencent Music Entertainment Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Tencent Music Entertainment Group is expected to pay a dividend of 0.63 CNY.

What is the dividend yield of Tencent Music Entertainment Group?

The current dividend yield of Tencent Music Entertainment Group is .

When does Tencent Music Entertainment Group pay dividends?

Tencent Music Entertainment Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Tencent Music Entertainment Group?

Tencent Music Entertainment Group paid dividends every year for the past 0 years.

What is the dividend of Tencent Music Entertainment Group?

For the upcoming 12 months, dividends amounting to 0.63 CNY are expected. This corresponds to a dividend yield of 0.7 %.

In which sector is Tencent Music Entertainment Group located?

Tencent Music Entertainment Group is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Tencent Music Entertainment Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tencent Music Entertainment Group from 6/27/2024 amounting to 0.137 CNY, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.

When did Tencent Music Entertainment Group pay the last dividend?

The last dividend was paid out on 6/27/2024.

What was the dividend of Tencent Music Entertainment Group in the year 2023?

In the year 2023, Tencent Music Entertainment Group distributed 0 CNY as dividends.

In which currency does Tencent Music Entertainment Group pay out the dividend?

The dividends of Tencent Music Entertainment Group are distributed in CNY.

All fundamentals about Tencent Music Entertainment Group

Our stock analysis for Tencent Music Entertainment Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tencent Music Entertainment Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.