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XNYS
TME
Market cap6.12bUSD
Oct 08, Last price  
7.96USD
1D
-0.38%
1Q
-10.36%
IPO
-41.08%
Name

Tencent Music Entertainment Group

Chart & performance

D1W1MN
XNYS:TME chart
P/E
3.70
P/S
1.24
EPS
7.19
Div yield, %
2.26%
Shrs. gr., 5y
-1.54%
Rev. gr., 5y
2.45%
Revenues
32.90b
+15.85%
4,361,000,00010,981,000,00018,985,000,00025,434,000,00029,153,000,00031,244,000,00028,339,000,00027,752,000,00028,401,000,00032,902,000,000
Net income
11.06b
+66.41%
82,000,0001,326,000,0001,833,000,0003,982,000,0004,155,000,0003,029,000,0003,677,000,0004,920,000,0006,644,000,00011,056,000,000
CFO
10.16b
-1.12%
873,000,0002,500,000,0005,632,000,0006,200,000,0004,885,000,0005,239,000,0007,481,000,0007,337,000,00010,275,000,00010,159,454,965
Dividend
Apr 02, 20260.24 USD/sh

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Profile

Tencent Music Entertainment Group (TME) is a premier operator of online music entertainment platforms across the People's Republic of China, offering a range of services including music streaming, digital karaoke, and live interactive broadcasting. Its offerings encompass popular streaming platforms like QQ Music, Kugou Music, and Kuwo Music, which facilitate personalized music discovery and listening for users. The company also developed WeSing, an engaging application that allows users to sing, socialize with friends, share their performances, and explore songs sung by others. Furthermore, TME runs interactive live broadcasting platforms, notably Kugou Live and Kuwo Live, providing an online venue for performers to exhibit their talents and interact with their audience. Kuwo Changting acts as a specialized audio content platform, featuring diverse spoken word entertainment such as audiobooks, traditional cross-talk, and radio dramas. Beyond its digital services, TME sells music-related hardware, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi audio systems. It also handles online ticketing for music events and partners with manufacturers of smart devices and automobiles to embed and manage music services within their products and vehicles. Tencent Music Entertainment Group maintains a strategic partnership with China Literature. Headquartered in Shenzhen, China, the company functions as a subsidiary of Tencent Holdings Limited.

Related entities

Parent

Key people

Chairman of the Board
Cussion Kar Shun Pang
Chief Executive Officer, Director · since 2016
Min Hu
Chief Financial Officer
Tak Yeung Hau
Group Vice President - QQ Music and WeSing · since 2016
Tsai chun Pan
Vice President - Copyright Management
Lixue Shi
Group Vice President - Kuwo
Cheuk Tung Yip
Chief Strategy Officer, Head of Ultimate Music
Director · since 2016
Director · since 2018
Liang Tang
Independent Director · since 2014
Tak-Wai Wong
Independent Director · since 2016
IPO date
Dec 12, 2018
Employees
5,805
Domiciled in
CN
Incorporated in
KY
Legal address
CAYMAN CORPORATE CENTRE
27 HOSPITAL ROAD
GEORGE TOWN KY1-9008
KY
Headquarters
科技中三路科興科學園D3
南山科技園區中區
深圳, GD 518057
CN
Address
Unit 3, Building D, Kexing Science Park
Kejizhongsan Ave, Hi Tech Park
Nanshan District
SHENZHEN, GD 518057
CN
Previous name
CHINA MUSIC CORPORATION

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