Tencent Music Entertainment Group
NYSE-TME
Company Overview
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 and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
Name
Tencent Music Entertainment Group
CEO
Mr. Zhu Liang
Website
www.tencentmusic.com
Sector
Entertainment
Year Founded
-
Profile
Market Cap
$15.71B
EV
$13.39B
Shares Out
1,582.25M
Revenue
CN¥27.39B
Employees
5,185
Margins
Gross
39.3%
EBITDA
24.82%
Operating
22.48%
Pre-Tax
26.58%
Net
20.37%
FCF
32.43%
Returns (5Yr Avg)
ROA
6.22%
ROTA
8.52%
ROE
7.97%
ROCE
7.4%
ROIC
8.5%
Valuation (TTM)
P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
$14.73
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
CN¥24.55B
Net Debt
-CN¥18.52B
Debt/Equity
0.1
EBIT/Interest
59.19
Growth (CAGR)
Rev 3Yr
-4.8%
Rev 5Yr
4.48%
Rev 10Yr
—
Dil EPS 3Yr
13.52%
Dil EPS 5Yr
23.77%
Dil EPS 10Yr
—
Rev Fwd 2Yr
5.95%
EBITDA Fwd 2Yr
21.89%
EPS Fwd 2Yr
22.62%
EPS LT Growth Est
19.28%
Dividends
Yield
—
Payout
30.82%
DPS
CN¥0.97
DPS Growth 3Yr
—
DPS Growth 5Yr
—
DPS Growth 10Yr
—
DPS Growth Fwd 2Yr
36.92%