Tencent Music Entertainment Group TME

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9.04 USD +0.13 (+1.46%)

At closeNov 3, 2026, 4:00 PM EST

9.00 -0.04 -0.44%

After hours · Nov 3, 4:00 PM ET

8.88 Day range 9.07
7.66 52-week range 23.00
YTD
-48.43%
1 year
-60.95%
Market cap
14.73B
Revenue (ttm)
33.93B
Profit margin
26.28%
EPS (ttm)
0.82
Shares out
797.29M
P/E ratio
11.02
Forward P/E
8.94
Dividend
0.24 (2.69%)
Ex-dividend date
Apr 1, 2026
YTD return
-48.43%
1-year return
-60.95%
Volume
7.64M
Avg volume
8.13M
Open
8.92
Previous close
8.91
Day's range
8.88 – 9.07
52-week range
7.66 – 23.00
Beta
0.72
Analysts
Buy
Price target
12.67 (+40.2%)
Earnings date
Nov 17, 2026

5m +0.64 (+7.62%)

8.258.508.759Oct 28Oct 29Oct 30Nov 2Nov 39.04

Key statistics

Enterprise value
3.74B
PEG ratio
0.91
Price / sales
0.43
Price / book
1.27
Dividend yield
2.69%
Payout ratio
29.65%
Revenue growth
5.80%
Free cash flow
7.14B
Total cash
30.65B
Total debt
16.88B
Return on equity
10.97%
Short % of float
5.41%
50-day average
8.28
200-day average
10.21

Financials — quick view

All financials
TME Revenue — quarterly 8.93B
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
TME Net income — quarterly 2.47B
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
TME EPS — quarterly 1.58
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

TME recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 17, 2026Sep 30, 20260.22———
Aug 11, 2026Jun 30, 20260.240.25+0.01+4.17%
May 12, 2026Mar 31, 20260.210.210.000.00%
Mar 17, 2026Dec 31, 20250.230.1744-0.06-24.17%
Nov 12, 2025Sep 30, 20250.210.22+0.01+4.76%
Aug 12, 2025Jun 30, 20250.200.23+0.03+15.00%

Upgrades / downgrades

TME analyst upgrades and downgrades
DateFirmActionFromTo
Aug 12, 2026China RenaissancedownBuyHold
Aug 12, 2026MizuhomainOutperformOutperform
May 14, 2026JP MorganmainNeutralNeutral
May 13, 2026MizuhomainOutperformOutperform
Mar 19, 2026BarclaysmainOverweightOverweight
Mar 18, 2026UBSdownBuyNeutral

About Tencent Music Entertainment Group

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 library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group operates as a subsidiary of Tencent Holdings Limited.

Sector
Communication Services
Industry
Internet Content & Information
Country
China

News

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Insider holders

TME insider holders
InsiderRelationLatest transactionDateShares held
CHUN PAN TSAIOfficerConversion of Exercise of derivative securitySep 28, 20264,236,710

Institution ownership

TME institution ownership
Holder% heldSharesValueReported
Schroder Investment Management Group6.15%45,630,307412.27MJun 29, 2026
Blackrock Inc.4.42%32,782,645296.19MJun 29, 2026
Invesco Ltd.3.95%29,279,641264.54MJun 29, 2026
Krane Funds Advisors LLC3.04%22,543,908203.68MJun 29, 2026
Overlook Investments LP2.56%19,007,171171.73MJun 29, 2026
ARGA Investment Management, LP2.42%17,918,781161.90MSep 29, 2026

Fund ownership

TME fund ownership
Holder% heldSharesValueReported
Krane Shares Trust-KraneShares CSI China Internet ETF2.69%19,929,714180.06MJun 29, 2026
VANGUARD WORLD FUND-Vanguard International Growth Fund1.81%13,399,931121.07MAug 30, 2026
HARTFORD MUTUAL Fd.S II INC-Hartford Schroders Intl Stock Fd.1.26%9,328,63184.28MJul 30, 2026
AIM Investment Fd.s -Invesco Developing Markets Fd.1.17%8,662,75178.27MJul 30, 2026
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund1.00%7,394,29466.81MJul 30, 2026
VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd0.96%7,123,75964.36MJul 30, 2026