Tencent Music Entertainment Group (BKK:TME23)

Thailand flag Thailand · Delayed Price · Currency is THB
0.9500
+0.0400 (4.40%)
Last updated: May 25, 2026, 10:46 AM ICT
Market Cap452.44B -37.5%
Revenue (ttm)158.23B +15.4%
Net Income41.90B -6.9%
EPS26.91 -6.5%
Shares Outn/a
PE Ratio10.80
Forward PE8.99
Dividend0.02 (2.65%)
Ex-Dividend DateApr 3, 2026
Volumen/a
Average Volume211,492
Open0.9500
Previous Close0.9100
Day's Range0.9500 - 0.9500
52-Week Range0.8700 - 2.0000
Betan/a
RSI40.08
Earnings DateMay 12, 2026

About BKK:TME23

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People’s Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share 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 libra... [Read more]

Industry Computer Programming, Data Processing, And Other Computer Related Services
CEO Zhu Liang
Employees 5,690
Stock Exchange Stock Exchange of Thailand
Ticker Symbol TME23

Financial Performance

In 2025, BKK:TME23's revenue was 32.90 billion, an increase of 15.85% compared to the previous year's 28.40 billion. Earnings were 11.06 billion, an increase of 66.41%.

Financial numbers in CNY Financial Statements

News

Tencent Music Entertainment Group to Hold Annual General Meeting on June 30, 2026

SHENZHEN, China, May 20, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China...

4 days ago - PRNewsWire

Tencent Music Entertainment Group Q1 Earnings Call Highlights

Tencent Music Entertainment Group NYSE: TME reported steady first-quarter 2026 results as management highlighted growth in music-related services, rising contributions from offline performances and co...

9 days ago - MarketBeat

Tencent Music price target lowered to $10 from $12 at JPMorgan

JPMorgan lowered the firm’s price target on Tencent Music (TME) to $10 from $12 and keeps a Neutral rating on the shares.

10 days ago - TheFly

Tencent Music price target lowered to $18 from $23 at Mizuho

Mizuho analyst Wei Fang lowered the firm’s price target on Tencent Music (TME) to $18 from $23 and keeps an Outperform rating on the shares. The firm says the company’s…

11 days ago - TheFly

Tencent Music Entertainment Group Earnings Call Transcript: Q1 2026

Q1 2026 saw 7% revenue growth and robust offline performance, with gross margin rising to 44.9%. Membership and IP-driven services led growth, while competition and AI-driven piracy remain key risks. Cash reserves reached RMB 41 billion.

12 days ago - Transcripts

Tencent Music Entertainment Group Earnings Call Transcript: Q1 2026

Q1 2026 saw 7% revenue growth and robust offline performance, with gross margin rising to 44.9%. Membership and IP-driven services led growth, while competition and AI-driven piracy remain key risks. Cash reserves reached RMB 41 billion.

12 days ago - Transcripts

Tencent Music Entertainment Group Earnings release: Q1 2026

Tencent Music Entertainment Group released its Q1 2026 earnings on May 12, 2026, summarizing the period's financial results.

12 days ago - Filings

Tencent Music Entertainment Group Announces First Quarter 2026 Unaudited Financial Results

SHENZHEN, China, May 12, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China...

12 days ago - PRNewsWire

Notable companies reporting before tomorrow’s open

Notable companies reporting before tomorrow’s open, with earnings consensus, include Under Armour (UA) (UAA), consensus (2c)… On Holding (ONON), consensus 27c… Tencent Music (TME), consensus $1.37… JD...

13 days ago - TheFly

Tencent Music Entertainment Group Releases 2025 ESG Report

SHENZHEN, China, April 20, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chi...

4 weeks ago - PRNewsWire

Tencent Music Entertainment Group Filed 2025 Annual Report on Form 20-F

SHENZHEN, China, April 17, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chi...

5 weeks ago - PRNewsWire

Tencent Music Entertainment Group to Report First Quarter 2026 Financial Results on May 12, 2026

SHENZHEN, China, April 14, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in Chi...

5 weeks ago - PRNewsWire

These 3 Stocks Just Rewarded Investors With Big Dividend Bumps

For income investors, few things are as rewarding as receiving quarterly dividend payouts. But the next best thing very well might be learning that the stocks in their yield-focused portfolio are incr...

7 weeks ago - MarketBeat

The "Spotify of China" Just Got a Whole Lot Cheaper

Tencent Music Entertainment Group NYSE: TME is China's music streaming leader, amassing a huge market share. The entertainment company boasts approximately 528 million monthly active users (MAUs) and ...

7 weeks ago - MarketBeat

Why Tencent Music Entertainment Plunged Almost 30% This Week

Tencent Music reported fourth quarter earnings that beat on revenues but only met profit expectations. Management also said it would no longer disclose certain operating metrics going forward.

2 months ago - The Motley Fool

Tencent Music downgraded to Equal Weight from Overweight at Morgan Stanley

Morgan Stanley downgraded Tencent Music (TME) to Equal Weight from Overweight with a price target of $12.30, down from $25. The market, and the firm, significantly underestimated the competitive risk

2 months ago - TheFly

Tencent Music price target lowered to $20 from $28 at Barclays

Barclays lowered the firm’s price target on Tencent Music (TME) to $20 from $28 and keeps an Overweight rating on the shares. The firm says the company’s competitive landscape has

2 months ago - TheFly

Jay Chou's New Album "Children of the Sun" Set for Release, Pre-orders Launched on Tencent Music Entertainment Group's Platforms

SHENZHEN, China, March 19, 2026 /PRNewswire/ -- Millions of music fans are eagerly awaiting another historic moment for Mandopop. After three years and eight months, iconic Mandopop artist Jay Chou is...

2 months ago - PRNewsWire

Why Tencent Music Entertainment Stock Withered on Wednesday

For the second day in a row, analysts updated their takes on the company. These adjustments were generally not positive.

2 months ago - The Motley Fool

Tencent Music Entertainment Group Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

SAN DIEGO, March 18, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Tencent Music Entertainment Group (NYSE: TME). The investigation focuses ...

2 months ago - GlobeNewsWire

Tencent Music downgraded to Hold from Buy at Daiwa

Daiwa downgraded Tencent Music (TME) to Hold from Buy with a $12 price target

2 months ago - TheFly

Tencent Music downgraded to Neutral from Buy at UBS

UBS downgraded Tencent Music (TME) to Neutral from Buy with a price target of $13, down from $26. Despite a revenue beat in Q4, the firm is turning more conservative

2 months ago - TheFly

Tencent Music price target lowered to $23 from $28 at Mizuho

Mizuho analyst Wei Fang lowered the firm’s price target on Tencent Music (TME) to $23 from $28 and keeps an Outperform rating on the shares following the Q4 report. The

2 months ago - TheFly

Tencent Music downgraded to Hold from Buy at Benchmark

Benchmark analyst Fawne Jiang downgraded Tencent Music (TME) to Hold from Buy with no price target While the company delivered “solid” Q4 results, the FY26 outlook “appears increasingly uncertain” as

2 months ago - TheFly

Tencent Music downgraded to Neutral from Overweight at JPMorgan

JPMorgan analyst Alex Yao downgraded Tencent Music (TME) to Neutral from Overweight with a $12 price target The firm says the shares are “transitioning from a visible subscription-compounding story to

2 months ago - TheFly