Tencent Music Entertainment Group (TME)
Stock Price:
$14.59 USD
-0.42 (-2.77%)
Updated Oct 28, 2020 3:22 PM EDT - Market open
Key Info
| Market Cap |
24.78B |
| Revenue (ttm) |
3.63B |
| Net Income (ttm) |
3.98B |
| Shares Out |
662.17M |
| EPS (ttm) |
0.32 |
| PE Ratio |
45.58 |
| Forward PE |
26.88 |
| Dividend |
n/a |
| Dividend Yield |
n/a |
Stock Quote
| Trading Day |
Oct 28, 2020 |
| Last Price |
$14.59 |
| Previous Close |
$15.00 |
| Change ($) |
-0.42 |
| Change (%) |
-2.77% |
| Day's Open |
14.75 |
| Day's Range |
14.14 - 14.75 |
| Day's Volume |
9,729,932 |
| 52-Week Range |
9.22 - 17.97 |
More Stats
| Market Cap |
24.78B |
| Enterprise Value |
21.59B |
| Earnings Date (est) |
Nov 10, 2020 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
662.17M |
| Float |
661.69M |
| EPS (basic) |
n/a |
| EPS (diluted) |
0.32 |
| FCF / Share |
0.45 |
| Dividend |
n/a |
| Dividend Yield |
n/a |
| Earnings Yield |
2.19% |
| FCF Yield |
3.51% |
| Payout Ratio |
n/a |
| Shares Short |
66.47M |
| Short Ratio |
8.86 |
| Short % of Float |
10.05% |
| Beta |
n/a |
| PE Ratio |
45.58 |
| Forward PE |
26.88 |
| P/FCF Ratio |
28.47 |
| PS Ratio |
6.82 |
| PB Ratio |
3.35 |
| Revenue |
3.63B |
| Operating Income |
572.43M |
| Net Income |
3.98B |
| Free Cash Flow |
870.43M |
| Net Cash |
3.19B |
| Net Cash / Share |
1.88 |
| Gross Margin |
34.10% |
| Operating Margin |
15.75% |
| Profit Margin |
15.70% |
| FCF Margin |
23.96% |
| ROA |
4.59% |
| ROE |
8.62% |
| ROIC |
74.90% |
Key stats in USD, based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (26)
| Buy |
19 |
| Overweight |
2 |
| Hold |
5 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$17.76*
(21.77% upside)
Low
13.0
Current: $14.59
High
20.1
Target: 17.76
*Average 12-month USD price target from 24 stock analysts.
Financial Performance
Financial numbers in millions CNY.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 |
|---|
| Revenue | 25,434 | 18,985 | 10,981 | 4,361 |
| Revenue Growth | 33.97% | 72.89% | 151.8% | - |
| Gross Profit | 8,673 | 7,277 | 3,810 | 1,232 |
| Operating Income | 4,007 | 1,757 | 1,500 | 71.00 |
| Net Income | 3,982 | 1,833 | 1,326 | 82.00 |
| Shares Outstanding | 3,876 | 3,271 | 3,271 | 3,271 |
| Earnings Per Share | 2.38 | 1.16 | 1.00 | 0.08 |
| EPS Growth | 105.17% | 16% | 1150% | - |
| Operating Cash Flow | 6,188 | 5,604 | 2,614 | 908 |
| Capital Expenditures | -95.00 | -132 | -75.00 | -41.00 |
| Free Cash Flow | 6,093 | 5,472 | 2,539 | 867 |
| Cash & Equivalents | 22,470 | 17,437 | 5,174 | 3,332 |
| Total Debt | 147 | - | - | - |
| Net Cash / Debt | 22,323 | 17,437 | 5,174 | 3,332 |
| Assets | 52,678 | 44,605 | 30,000 | 23,535 |
| Liabilities | 9,000 | 6,833 | 3,852 | 2,901 |
| Book Value | 43,590 | 37,721 | 26,141 | 20,625 |
Numbers in millions CNY, except per-share numbers.
Company Details
| Full Name |
Tencent Music Entertainment Group |
| Country |
China |
| Employees |
3,610 |
| CEO |
Kar Shun Pang |
Stock Information
| Ticker Symbol |
TME |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Communication Services |
| Industry |
Internet Content & Information |
| Unique Identifier |
NYSE: TME |
| IPO Date |
December 12, 2018 |
Description
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 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 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. In addition, it sells music-related merchandise, including Kugou M1 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 CoMix Wave Films. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.