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TME:NYSE
Tencent Music Entertainment Group - ADR
$8.84
+2.02%
(+0.18) 1D
Aug 25, 10:22:11 AM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for TME...
Open
$8.65
High
$8.88
Low
$8.57
Mkt. cap
13.91B
Avg. vol.
9.10M
Volume
2.05M
Dividend
2.72%
Quarterly dividend
$0.06
Ex-dividend date
Apr 2, 2026
P/E ratio
10.41
52-wk high
$26.70
52-wk low
$7.94
EPS
$0.85
Beta
0.84
Shares outstanding
741.43M
No. of employees
6K
Open
$8.65
High
$8.88
Low
$8.57
Mkt. cap
13.91B
Avg. vol.
9.10M
Volume
2.05M
Dividend
2.72%
Quarterly dividend
$0.06
Ex-dividend date
Apr 2, 2026
P/E ratio
10.41
52-wk high
$26.70
52-wk low
$7.94
EPS
$0.85
Beta
0.84
Shares outstanding
741.43M
No. of employees
6K
News stories
From web sources and news partners
Profile
Tencent Music Entertainment Group is a company that develops music streaming services for the Chinese market. Tencent Music's apps include QQ Music, KuGou, Kuwo, and WeSing; which have more than 800 million active users and 120 million paying subscribers. As of July 2016, Tencent Music's three services held an estimated 56% market share of music streaming services in China. In the first quarter of 2021, Tencent Music announced it had 60.9 million paying users, up 42.6% compared to the 42.7 million paying users in the first quarter of 2020. In addition, the total number of music streaming users was announced to be 615 million, a drop of 6.4% compared to the first quarter of 2020. Wikipedia
About Tencent Music Entertainment Group - ADR
CEO-
Employees5.69K
FoundedJul 2016
HeadquartersNanshan, Guangdong Province, China
SectorEntertainment
Analyst ratings
Based on 7 analysts giving stock ratings to TME in the past 3 months
Buy
Buy
4
Hold
3
Sell
0
12-month forecast
Based on 7 Wall Street analysts offering 12 month price targets for TME in the last 3 months.
Highest
Current $8.84
$20.00 (+126.37%)
Average
$12.89 (+45.90%)
Lowest
$9.00 (+1.87%)
Analyst
Recommendation
Action
Price target
Projected
Date
Alex Yao
J.P. Morgan
Hold
Maintained
$9.00
+1.9%
08/17/2026
Jiong Shao
Barclays
Buy
Maintained
$20.00
+126.4%
08/13/2026
Wei Fang
Mizuho Securities
Buy
Maintained
$15.00
+69.8%
08/13/2026
Saiyi He
CMB International Securities
Buy
Maintained
$15.00
+69.8%
08/12/2026
Wei Xiong
UBS
Hold
Maintained
$9.50
+7.5%
08/12/2026
Lincoln Kong
Goldman Sachs
Buy
Maintained
$11.70
+32.4%
08/12/2026
Alex Liu
Bank of America Securities
Hold
Reiterated
$10.00
+13.2%
08/11/2026
Yang Liu CFA
Morgan Stanley
Hold
Downgraded
$12.30
+39.2%
03/19/2026
Candis Chan
Daiwa
Hold
Downgraded
$12.00
+35.8%
03/18/2026
Kenneth Fong
UBS
Hold
Downgraded
$13.00
+47.1%
03/18/2026
Fawne Jiang
Benchmark Co.
Hold
Downgraded
-
-
03/18/2026
Charlie Chai
86Research
Buy
Upgraded
$17.40
+96.9%
03/06/2026
Ellie Jiang
Macquarie
Hold
Downgraded
$14.10
+59.6%
03/05/2026
Last report
Aug 11, 2026
Fiscal period
Q2 2026
EPS / Est. (CNY)
CNÂ¥1.70 / CNÂ¥1.62
+4.92%beat
Revenue / Est. (CNY)
8.93B / 8.79B
+1.58%beat
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in CNY
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in CNY
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
8.46B
8.64B
7.90B
8.93B
Cost of goods sold
4.78B
4.78B
4.35B
4.98B
Cost of revenue
4.78B
4.78B
4.35B
4.98B
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
1.31B
1.25B
1.21B
1.30B
Operating expense
1.22B
3.80B
1.15B
1.14B
Total operating expenses
6.00B
8.57B
5.50B
6.13B
Operating income
2.46B
67.00M
2.40B
2.81B
Other non operating income
-
-
-
-
EBT including unusual items
2.69B
2.77B
2.59B
3.07B
EBT excluding unusual items
2.69B
430.00M
2.59B
3.07B
Income tax expense
477.00M
486.00M
457.00M
514.00M
Effective tax rate
17.74%
17.53%
17.62%
16.76%
Other operating expenses
-94.00M
2.55B
-64.00M
-152.00M
Net income
2.15B
2.20B
2.09B
2.47B
Net profit margin
25.44%
25.49%
26.49%
27.66%
Earnings per share
-
-
-
-
Interest and investment income
245.00M
431.00M
246.00M
229.00M
Interest expense
-32.00M
-53.00M
-46.00M
-5.00M
Net interest expenses
213.00M
378.00M
200.00M
224.00M
Depreciation and amortization charges
-
-
-
-
EBITDA
2.64B
348.00M
2.73B
3.14B
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
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Type
Date
Shares
Amount
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