Tencent Music Entertainment Group Stock Hong Kong S.E.

Equities

1698

XD0440235394

Internet Services

End-of-day quote Hong Kong S.E. 06:00:00 2024-02-04 pm EST 5-day change 1st Jan Change
36 HKD -1.37% Intraday chart for Tencent Music Entertainment Group +5.42% +5.88%
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Financials

Sales 2024 * 28.84B 3.99B 31.1B Sales 2025 * 32.23B 4.45B 34.76B Capitalization 172B 23.8B 186B
Net income 2024 * 6.33B 875M 6.83B Net income 2025 * 7.39B 1.02B 7.96B EV / Sales 2024 * 5.17 x
Net cash position 2024 * 23.2B 3.21B 25.02B Net cash position 2025 * 30.12B 4.16B 32.48B EV / Sales 2025 * 4.41 x
P/E ratio 2024 *
27.5 x
P/E ratio 2025 *
23.7 x
Employees -
Yield 2024 *
-
Yield 2025 *
-
Free-Float 100%
More Fundamentals * Assessed data
Dynamic Chart
Citigroup Adjusts Price Target on Tencent Music Entertainment to $18 From $13, Keeps Buy Rating MT
Daiwa Securities Raises Price Target on Tencent Music Entertainment to $15.30 From $12.50, Maintains Buy Rating MT
HSBC Adjusts Price Target on Tencent Music Entertainment to $15.50 From $10.40, Keeps Hold Rating MT
Jefferies Adjusts Price Target on Tencent Music Entertainment to $15.40 From $12, Maintains Buy Rating MT
Goldman Sachs Adjusts Price Target on Tencent Music Entertainment to $16 From $14, Keeps Buy Rating MT
Benchmark Adjusts Price Target on Tencent Music Entertainment to $19 From $14, Keeps Buy Rating MT
Mizuho Securities Raises Price Target on Tencent Music Entertainment to $17 From $15, Keeps Buy Rating MT
Tencent Music Shares Rise After Earnings Beat DJ
Tencent Music Entertainment Likely Poised to Triple Music Revenue in 2030, Morgan Stanley Says MT
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Sector Update: Tech Stocks Advance Pre-Bell Monday MT
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Ahead of Key Inflation Reports MT
Stock Futures Rise Pre-Bell Ahead of Key Inflation Data; Asia, Europe Churn MT
Transcript : Tencent Music Entertainment Group, Q1 2024 Earnings Call, May 13, 2024
Morgan Stanley Raises Price Target on Tencent Music Entertainment Group to $19 From $13.50, Keeps Overweight Rating MT
More news

Latest transcript on Tencent Music Entertainment Group

Managers TitleAgeSince
Chief Executive Officer 48 21-04-14
Director of Finance/CFO 53 06-12-31
Chairman 51 14-04-30
Members of the board TitleAgeSince
Director/Board Member 51 18-12-10
Director/Board Member 55 22-05-26
Chairman 51 14-04-30
More insiders
Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The Company is mainly engaged in the provision of online music services, social entertainment services and other services. The Company operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The Company also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio. The Company is also engaged in the sales of music-related merchandise, the provision of services to smart device and car manufacturers and ticketing services for online music events. The Company mainly conducts its businesses in domestic and overseas markets.
More about the company
Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
30
Last Close Price
110.5 CNY
Average target price
115.8 CNY
Spread / Average Target
+4.82%
Consensus
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