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Tencent Music Entertainment Group

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, enjoy, and share 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 audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, live performances and concerts, and artist management services; and music subscriptions, 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.

Market Cap

$153.4B

Volume

8.4M

Cash and Equivalents

$13.2B

EBITDA

$8.3B

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$12.0B

Profit Margin

42.34%

52 Week High

$114.94

52 Week Low

$68.59

Dividend

1.35%

Price / Book Value

2.20

Price / Earnings

22.86

Price / Tangible Book Value

3.40

Enterprise Value

$134.1B

Enterprise Value / EBITDA

15.77

Operating Income

$7.6B

Return on Equity

11.20%

Return on Assets

5.70

Cash and Short Term Investments

$27.2B

Debt

$6.1B

Equity

$69.7B

Revenue

$28.4B

Unlevered FCF

$6.7B

Sector

Entertainment

Category

N/A

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