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Tencent Music Entertainment Share Price

TME $13.49 -0.2  -1.3%
23/08/19
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Book Value ps CNY +35.3%

FINANCIAL BRIEF: For the six months ended 30 June 2019, Tencent Music Entertainment Group - ADR revenues increased 35% to RMB11.63B. Net income increased 10% to RMB1.91B. Revenues reflect Social entertainment services and others increase of 40% to RMB8.47B, Online music services increase of 24% to RMB3.17B. Net income was partially offset by FV Adjustments of Financial Investments increase from RMB17M to RMB39M (expense). more »

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Broker Forecasts
31st Dec 2019
31st Dec 2020

Price Target: CNY118.5
(+23.91% above Price)
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +38.7% (CNY) (CNY) (CNY) (CNY) (CNY) (CNY)
Consensus Estimate
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22 brokers Broker Consensus Trend
Broker Recommendations for Tencent Music Entertainment
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 9 8 5

Named Brokers and Analysts
Bank of America Merrill Lynch , Deutsche Bank , Stifel Nicolaus and Company, Incorporated John Egbert , Jefferies Thomas Chong , HSBC , Credit Suisse - North America , Oppenheimer & Co., Inc. Bo Pei , Morgan Stanley , Goldman Sachs Research Piyush Mubayi , KeyBanc Capital Markets Inc. , Loop Capital Robert Sanderson , UBS Equities , BOCI Research Limited Yiwen Zhang , Macquarie Research Ellie Jiang , JPMorgan Alex Yao , CITIC Securities Sisi Tang , Sinolink Securities Co.,Ltd Pei Pei , China International Capital Corporation (Hong Kong) Limited Wei Meng , CCB International Sec Ltd Ronnie Ho , T.H. Capital Research Tian Hou , 86Research Limited , BOCOM International Securities Limited Zhe Zhou , China Renaissance Securities (US) Alex Liu ,

Profile Summary

TENCENT MUSIC ENTERTAINMENT GROUP operates online music entertainment platform and music applications in China. The Company's platform comprises online music, online karaoke and music-centric live streaming services, supported by content offerings, technology and data. The Company's main platform includes QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, Kuwo Live and others.

No Management Information.

No. of Employees: 3,041 No. of Shareholders: n/a


Last Annual December 31st, 2018
Last Interim June 30th, 2019
Incorporated June 6, 2012
Public Since December 12, 2018
Shares in Issue 3,875,756,495
Free Float 307.0m (7.9%)
Sector Technology
Industry Software & IT Services
Index
Exchange New York Stock Exchange
Eligible for an ISA? a SIPP?

Address 17/F Malata Building Kejizhongyi Road, SHENZHEN, 518057, China
Web
Phone +86 755 86013388
Auditors PricewaterhouseCoopers Zhong Tian

TME Share Price Performance TME Share Price Quote
$13.49
-0.2  -1.3%
Traded 9:10pm · Minimum 15 min delayed · NMS:

Latest TME News Announcements (delayed)

Upcoming TME Events

Recent ↓
Tuesday 13th August, 2019
Q2 2019 Tencent Music Entertainment Group Earnings Call
Monday 12th August, 2019
Q2 2019 Tencent Music Entertainment Group Earnings Release
Tuesday 14th May, 2019
Q1 2019 Tencent Music Entertainment Group Earnings Call
Monday 13th May, 2019
Q1 2019 Tencent Music Entertainment Group Earnings Release
Wednesday 27th March, 2019
Tencent Music Entertainment Group at Macquarie China Internet, Media and Education Corporate Day
Wednesday 20th March, 2019
Q4 2018 Tencent Music Entertainment Group Earnings Call
Tuesday 19th March, 2019
Q4 2018 Tencent Music Entertainment Group Earnings Call
Tuesday 19th March, 2019
Q4 2018 Tencent Music Entertainment Group Earnings Release


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