Tencent Music Entertainment Group (TME) Price & Analysis

Shareholder ReturnsThe company has substantially stepped-up shareholder returns, including a $273M cash dividend for FY24 and a new $1B share repurchase program.

Bears Say

Revenue DeclineSocial entertainment and others revenue declined by 13% YoY but grew by 6% QoQ to RMB1.6bn in 4Q24, as the decline in live streaming revenue was partially offset by the solid performance of other segments.

Social Entertainment SegmentSocial entertainment declined 13.0% y/y, pressured on both paying users (-3.8% y/y) and ARPPU (-9.7% y/y).

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Financials

Income Statement >

Options Prices

Detailed Option Prices >

Ownership Overview

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Insiders

10.96% Mutual Funds

0.04% Other Institutional Investors

79.55% Public Companies and

Individual Investors

Detailed Ownership Overview >

TME FAQ

What was Tencent Music Entertainment Group’s price range in the past 12 months?

Tencent Music Entertainment Group lowest stock price was $9.41 and its highest was $15.77 in the past 12 months.

What is Tencent Music Entertainment Group’s market cap?

Tencent Music Entertainment Group’s market cap is $19.97B.

When is Tencent Music Entertainment Group’s upcoming earnings report date?

Tencent Music Entertainment Group’s upcoming earnings report date is May 13, 2025 which is in 13 days.

How were Tencent Music Entertainment Group’s earnings last quarter?

Tencent Music Entertainment Group released its earnings results on Mar 18, 2025. The company reported $0.173 earnings per share for the quarter, beating the consensus estimate of $0.167 by $0.006.

Is Tencent Music Entertainment Group overvalued?

According to Wall Street analysts Tencent Music Entertainment Group’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does Tencent Music Entertainment Group pay dividends?

Tencent Music Entertainment Group pays a Annually dividend of $0.18 which represents an annual dividend yield of 0.99%. See more information on Tencent Music Entertainment Group dividends here

What is Tencent Music Entertainment Group’s EPS estimate?

Tencent Music Entertainment Group’s EPS estimate is 0.17.

How many shares outstanding does Tencent Music Entertainment Group have?

Tencent Music Entertainment Group has 716,429,900 shares outstanding.

What happened to Tencent Music Entertainment Group’s price movement after its last earnings report?

Tencent Music Entertainment Group reported an EPS of $0.173 in its last earnings report, beating expectations of $0.167. Following the earnings report the stock price went up 15.581%.

Which hedge fund is a major shareholder of Tencent Music Entertainment Group?

Currently, no hedge funds are holding shares in TME

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Tencent Music Entertainment Group Stock Smart Score

Outperform

Fundamentals

Return on Equity

10.75%

Trailing 12-Months

Asset Growth

16.30%

Trailing 12-Months

Top Smart Score Stocks >

Company Description

Tencent Music Entertainment Group

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 and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

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TME Earnings Call

Q4 2025

0:00 / 0:00

Earnings Call Sentiment|Positive

The earnings call demonstrated a strong financial performance with notable growth in revenues, profits, and subscriber base. The company's focus on innovation, AI integration, and strategic partnerships has driven positive results. Despite challenges in social entertainment and balancing subscriber growth with ARPPU, the overall outlook remains optimistic with a significant dividend and share repurchase program to reward shareholders.Read More>

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TME Stock 12 Month Forecast

Average Price Target

$16.88

▲(24.58% Upside)

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Detailed Analyst Forecast >