Tencent Music Entertainment Group (id:8812 TME)
11.75 USD
Opening hours: 09:30 - 16:00 (Eastern Standard Time: 12/24/2024 7:58:24 AM)
Exchange closed, opens in 1 hour 31 minutes
About Tencent Music Entertainment Group
Market Capitalization 20.47B
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 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 a diverse audience base; and Lazy Audio, an audio platform. In addition, it sells music-related merchandise; and artist-related merchandise, such as branded apparel, posters and art prints, and accessories and integrated and technology-driven music solutions that help IoT device manufacturers build and operate their branded music services on their IoT devices, as well as offers advertising services across its online karaoke platform and online music apps. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
Headquarters (address) |
Building D Shenzhen 518057 China |
Phone | 86 75 5860 13388 |
Website | https://www.tencentmusic.com |
Employees | 5K |
Sector | Communication Services |
Industry | Internet Content & Information |
Ticker | TME |
Exchange | New York Stock Exchange |
Currency | USD |
52 week range | 8.19 - 15.77 |
Market Capitalization | 20.47B |
Dividend yield forward | 4.59 % |
Dividend yield forward China (ID:116, base:35) | 19.77 % |
P/E trailing | 23.03 |
P/E forward | 15.55 |
Price/Sale | 3.00 |
Price/Book | 3.00 |
Beta | 3.00 |
EPS | 3.00 |
EPS China (ID:116, base:83) | 3.00 |
Forward Annual Dividend Yield
Forward Annual Dividend Yield: Tencent Music Entertainment Group has raised their dividend 4.59 years in a row. This is below the 42121.742900 year average in the 'Internet Content & Information' industry
Payout Ratio
Payout Ratio: Tencent Music Entertainment Group has raised their dividend 25.48 years in a row. This is below the 148.467900 year average in the 'Internet Content & Information' industry
Forward Annual Dividend Yield
Forward Annual Dividend Yield: Tencent Music Entertainment Group has raised their dividend 4.59 years in a row. This is below the 42121.742900 year average in the 'Internet Content & Information' industry
Payout Ratio
Payout Ratio: Tencent Music Entertainment Group has raised their dividend 25.48 years in a row. This is below the 148.467900 year average in the 'Internet Content & Information' industry