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Tencent Music Entertainment Group Class A (1698) Stock Price & Analysis

15 Followers

1698 Stock Chart & Stats

HK$36.48-HK$0.44(-1.19%)
At close: 4:00 PM GMT+8
HK$30HK$32.5HK$35HK$37.5Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
HKD 36.36 - HKD 37.32
52-Week Range
HKD 30.36 - HKD 84.85
Previous Close
HKD 36.92
Volume
N/A
Average Volume (3M)
1.05M
Market Cap
HKD 108.04B
Enterprise Value
HKD 90.93B
Total Cash (Recent Filing)
HKD 30.66B
Total Debt (Recent Filing)
HKD 16.88B
Price to Earnings (P/E)
10.8
Beta
1.18
Next Earnings
Nov 17, 2026 (Est.)
EPS Estimate
0.83
Last Dividend Ex-Date
Apr 01, 2026
Dividend Yield
2.58%

Bulls Say, Bears Say

Bulls Say

Membership Monetization

Growing membership revenue and SVIP adoption indicate stronger monetization of TME’s user base. Broader privileges, higher spending per user, increased engagement and improved retention can support recurring revenue and make the subscription model more durable over the next several quarters.

Audio Platform Expansion

Ximalaya expands TME beyond music into a broader audio ecosystem with additional content categories and monetization opportunities. Greater catalog breadth can improve cross-platform engagement, support conversion to paid services and diversify the company’s long-term revenue base.

Ecosystem And Product Integration

Product innovation and distribution across Tencent services, operating systems and vehicles can deepen user engagement and broaden access points. These integrations reinforce TME’s platform ecosystem, improve discovery and create structural support for listening time and monetization.

Bears Say

Margin Compression

Lower gross margin and guidance for further modest pressure indicate that revenue mix and investment costs may limit near-term earnings leverage. If offline services and other lower-margin activities grow faster, stronger revenue may translate into slower profit expansion.

Competitive User Growth Pressure

Difficulty attracting light users can constrain audience expansion and reduce the pool available for future subscription conversion. Intensifying competition may also require greater spending or stronger content differentiation, limiting growth efficiency even if core SVIP users remain stable.

Weaker Cash Conversion

Positive free cash flow remains a strength, but weaker conversion from reported earnings reduces the quality and flexibility of internally generated funds. Persistent deterioration could constrain reinvestment, capital returns or the company’s ability to absorb higher operating and content costs.

Tencent Music Entertainment Group Class A News

1698 FAQ

What was Tencent Music Entertainment Group Class A’s price range in the past 12 months?
Tencent Music Entertainment Group Class A lowest stock price was HK$30.36 and its highest was HK$84.85 in the past 12 months.
What is Tencent Music Entertainment Group Class A’s market cap?
Tencent Music Entertainment Group Class A’s market cap is HK$108.04B.
When is Tencent Music Entertainment Group Class A’s upcoming earnings report date?
Tencent Music Entertainment Group Class A’s next earnings report is estimated for Nov 17, 2026 (not yet confirmed), which is in 5 days.
How were Tencent Music Entertainment Group Class A’s earnings last quarter?
Tencent Music Entertainment Group Class A released its earnings results on Aug 11, 2026. The company reported HK$0.913 earnings per share for the quarter, beating the consensus estimate of HK$0.895 by HK$0.018.
Is Tencent Music Entertainment Group Class A overvalued?
According to Wall Street analysts Tencent Music Entertainment Group Class A’s price is currently Undervalued.
Does Tencent Music Entertainment Group Class A pay dividends?
Tencent Music Entertainment Group Class A pays an annual dividend of HK$0.941 which represents an annual dividend yield of 2.58%. See more information on Tencent Music Entertainment Group Class A dividends here
What is Tencent Music Entertainment Group Class A’s EPS estimate?
Tencent Music Entertainment Group Class A’s EPS estimate is 0.83.
How many shares outstanding does Tencent Music Entertainment Group Class A have?
Tencent Music Entertainment Group Class A has 1,636,655,000 shares outstanding.
What happened to Tencent Music Entertainment Group Class A’s price movement after its last earnings report?
Tencent Music Entertainment Group Class A reported an EPS of HK$0.913 in its last earnings report, beating expectations of HK$0.895. Following the earnings report the stock price went up 2.553%.
Which hedge fund is a major shareholder of Tencent Music Entertainment Group Class A?
Currently, no hedge funds are holding shares in HK:1698
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology