TME
Communication Services

Tencent Music Entertainment Group

TME
Since 2016

Headquarters:

China

Exchange:

NYSE

Industry:

Internet Content & Information

Number of Employees:

5.18K

Current Fiscal Year:

2024

Market Cap:

11.50B

Price per Share:

$13.42

Quarterly Dividend per Share:

$0.14
Year-to-date Performance:
18.5512%
Dividend Yield:
%
Price-to-book Ratio:
0.18
Trailing P/E Ratio:
1.92

Price History

Latest Prices

DateOpenHighLowClose
2025-04-3013.513.5313.2513.42
2025-04-2913.4113.6713.3613.55
2025-04-2813.4213.599713.3613.44
2025-04-2513.4613.5313.110113.36
2025-04-2413.113.3712.86513.3

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover 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 a diverse audience base; and Lazy Audio, an audio platform. In addition, it sells music-related merchandise; and artist-related merchandise, such as branded apparel, posters and art prints, and accessories and integrated and technology-driven music solutions that help IoT device manufacturers build and operate their branded music services on their IoT devices, as well as offers advertising services across its online karaoke platform and online music apps. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

Financial Performance

2024 Revenue:27.84B

Detailed view of quarterly revenue

2024 Net Income:5.99B

Detailed view of quarterly net income

2024 Free Cash Flow:8.61B

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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