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of retail accounts lose money when trading CFDs with this provider.
Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
74%
of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
74%
of retail accounts lose money when trading CFDs with this provider.
Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
74%
of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
English (International)
Tencent Music Entertainment Group ADR
Closed
Sector Communication services
14.44 12.9
Overview
Share price change
24h
Min
14.32
Max
14.58
Income | -99M 1.6B |
|---|---|
Sales | -145M 7B |
P/E Sector Avg | 24.717 33.468 |
EPS | 0.141 |
Dividend yield | 1.05 |
Profit margin | 22.566 |
Employees | 5,185 |
EBITDA | -227M 2B |
Recommendations | Strong Buy |
|---|---|
12 Months Forecast | -2.64 downside |
Dividend yield Sector Avg | 1.05% 4.33% |
|---|---|
Next Earnings | 18 Mar 2025 |
Market Cap | 23B |
|---|---|
Previous open | 1.54 |
Previous close | 14.44 |
News Sentiment
By Acuity
50%
50%
54 / 153 Communication services
Technical Score
By Trading Central
Confidence
Bullish Evidence
Tencent Music Entertainment Group ADR Chart
Past performance is not a reliable indicator of future results.
Related News
Peer Comparison
Price change
Tencent Music Entertainment Group ADR Forecast
Price Target
By TipRanks
-2.64% downside
12 Months Forecast
Average 14 USD -2.64%
High 16 USD
Low 13 USD
Based on 4 Wall Street analysts offering 12 month price targets forTencent Music Entertainment Group ADR - Dist in the last 3 months.
Sentiment
By Acuity
54 / 153 Communication services
News Sentiment
Neutral
Volatility
Below average
News Volume (RCV)
Below average
Financials
Selling and administration expenses
Operating expenses
Pre-tax profit
Sales
Cost of sales
Gross profit on sales
Interest expense on debt
EBITDA
Operating profit
$
About Tencent Music Entertainment Group ADR
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.
