Tencent Music Entertainment Group

TME

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Identification

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Ticker
TME
CIK0001744676
SIC4832
SectorTransportation, Communications, Electric, Gas, And Sanitary Services
Industry CategoryCommunication
Industry GroupRadio & Tv Broadcasters

Contact

AddressUNIT 3, BUILDING D, KEXING SCIENCE PARK, KEJIZHONGSAN AVENUE, HI-TECH PARK, NANSHAN DISTRICT, SHENZHEN, F4, 518057
Website tencentmusic.com
Phone86 755 86013388
CEOZhu Liang
Employees5,970

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Standardized Financials

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Intrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals.

For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards.

Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics:

Income Statement
Revenue$3.89 billion
Pre-Tax Income$1.19 billion
Net Income$973.93 million
Net Income to Common$910.22 million
EPS$0.87
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Balance Sheet
Cash$1.80 billion
Assets$12.39 billion
Liabilities$2.84 billion
Common Equity$9.37 billion
Liabilities & Equity$12.39 billion
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Cash Flow Statement
Calculations
NOPAT$821.56 million
EBITDA$1.02 billion
Price to Earnings$60.85
Price to Book$5.91
ROE11.06%
View All

Latest News

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Intrinio provides up-to-date news articles on every US company from various sources. Here are several examples:

Tencent Music Entertainment Group (TME): A Bull Case Theory

We came across a bullish thesis on Tencent Music Entertainment Group on Brandon’s Substack’s. In this article, we will summarize the bulls’ thesis on TME. Tencent Music Entertainment Group’s share was trading at $18.45 as of November 28th. TME’s trailing and forward P/E were 18.84 and 18.45 respectively according to Yahoo Finance. Tencent Music Entertainment Group (NYSE: TME) […]

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How Investors Are Reacting To Tencent Music (TME) Surging Online Revenue and Analyst Upgrades

In the past week, BNP Exane Paribas issued a Buy rating for Tencent Music Entertainment Group after strong third-quarter results highlighted a 20.6% year-over-year rise in online music services revenue and advances in content and service innovation. Analysts pointed out that recent service and content enhancements have strengthened Tencent Music’s outlook, even as concerns about expanding into offline events raised questions about future profitability. We'll explore how the recent surge in...

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How Recent Developments Are Shaping the Story for Tencent Music Entertainment Group’s Valuation

The Fair Value Estimate for Tencent Music Entertainment Group has been revised modestly lower, now set at $27.03 compared to the previous target of $27.47. This adjustment comes amid a complex backdrop, as Street analysts highlight both encouraging business momentum and heightened competitive risks. Read on to discover how these evolving dynamics could shape the stock’s future narrative and learn how you can stay ahead of further updates. Stay updated as the Fair Value for Tencent Music...

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Tencent Music (NYSE:TME): Assessing Valuation After Recent Share Price Volatility

Tencent Music Entertainment Group (NYSE:TME) shares have seen some movement recently, driven partly by shifts in investor risk appetite and changing market sentiment around Chinese technology stocks. Over the past month, TME has experienced a moderate decline, which highlights an evolving outlook for the sector. See our latest analysis for Tencent Music Entertainment Group. Despite some turbulence in the past month, Tencent Music Entertainment Group’s momentum over the longer term is hard to...

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Tencent Music Entertainment Group (TME) is a Buy at BNP Exane Paribas on Online Music Services Growth

Tencent Music Entertainment Group (NYSE:TME) is a must-buy non-tech stock to invest in. On November 13, BNP Exane Paribas touted the company’s third-quarter results, which showed significant improvement as it benefits from continued innovations in content enrichment and service expansion. Revenue in the quarter was up 20.6% year over year to $1.19 billion, driven by […]

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