TENCENT MUSIC/$TME

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About TENCENT MUSIC

Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.

Ticker

$TME

Sector

Communication Services

Primary listing

NYSE

Industry

Entertainment
Headquarters

Employees

5,353

ISIN

US88034P1093

TENCENT MUSIC Metrics

BasicAdvanced
$30B
22.03
$0.85
0.45
$0.17
0.93%

What the Analysts think about TENCENT MUSIC

Analyst ratings (Buy, Hold, Sell) for TENCENT MUSIC stock.

Bulls say / Bears say

Tencent Music Entertainment (TME) reported a 15% year-over-year increase in total revenues for Q1 2025, driven by strong growth in its online music services. (bloomberg.com)
The company's paying user base for online music services grew by 20% in the first quarter of 2025, indicating a successful monetization strategy. (reuters.com)
TME's strategic partnerships with major record labels have expanded its music library, enhancing user engagement and retention. (seekingalpha.com)
Despite revenue growth, TME's net profit margin declined by 5% in Q1 2025 due to increased content acquisition costs. (bloomberg.com)
The company faces intensified competition from emerging music streaming platforms in China, potentially impacting its market share. (reuters.com)
Regulatory scrutiny over data privacy practices in China poses a risk to TME's operations and could lead to increased compliance costs. (seekingalpha.com)
Data summarised monthly by Lightyear AI. Last updated on 10 Jun 2025.

TENCENT MUSIC Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

TENCENT MUSIC Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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