Tencent Music Entertainment Group
NYSE:TME

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Tencent Music Entertainment Group
NYSE:TME
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Price: 11.53 USD 0.09% Market Closed
Market Cap: 19.5B USD
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Tencent Music Entertainment Group
Short-Term Investments

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Tencent Music Entertainment Group
Short-Term Investments Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Short-Term Investments CAGR 3Y CAGR 5Y CAGR 10Y
Tencent Music Entertainment Group
NYSE:TME
Short-Term Investments
ÂĄ10B
CAGR 3-Years
-13%
CAGR 5-Years
73%
CAGR 10-Years
N/A
C
Cloud Village Inc
HKEX:9899
Short-Term Investments
ÂĄ5.5B
CAGR 3-Years
45%
CAGR 5-Years
12%
CAGR 10-Years
N/A
C
China Film Co Ltd
SSE:600977
Short-Term Investments
ÂĄ2.6B
CAGR 3-Years
41%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Beijing Enlight Media Co Ltd
SZSE:300251
Short-Term Investments
ÂĄ983.4m
CAGR 3-Years
-15%
CAGR 5-Years
297%
CAGR 10-Years
99%
Mango Excellent Media Co Ltd
SZSE:300413
Short-Term Investments
ÂĄ6.8B
CAGR 3-Years
N/A
CAGR 5-Years
118%
CAGR 10-Years
N/A
Wanda Film Holding Co Ltd
SZSE:002739
Short-Term Investments
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Tencent Music Entertainment Group
Glance View

Market Cap
19.5B USD
Industry
Media

Tencent Music Entertainment Group (TME) stands as a titan in the digital music landscape, merging innovation with a vast audience reach in China. As a subsidiary of Tencent, one of the world's leading technology conglomerates, TME operates several popular platforms, including QQ Music, Kugou, and Kuwo. These platforms cater to a broad base of music lovers, providing streaming services, music downloads, and social features that allow users to engage with their favorite artists and songs. TME's robust growth is fueled not only by its impressive user base—over 800 million registered users—but also by strategic partnerships and a diverse revenue model that includes subscription services, online karaoke, and live streaming events. This capability to blend entertainment with technology positions TME uniquely in a rapidly evolving industry. For investors, TME presents a compelling opportunity with its leading market presence in China's music industry, buoyed by the increasing consumption of digital content and the rise of mobile internet usage. The company has effectively capitalized on the burgeoning demand for premium audio experiences, achieving a steady uptick in paying subscribers, which enhances its profitability. Furthermore, TME's active engagement in artist management and partnerships with global music labels fortifies its content library, ensuring a rich and varied catalog that appeals to users. As the digital music market continues to expand, TME stands poised to capitalize on emerging trends, making it an attractive prospect for those looking to invest in the intersection of technology and entertainment.

TME Intrinsic Value
11.63 USD
Undervaluation 1%
Intrinsic Value
Price

See Also

What is Tencent Music Entertainment Group's Short-Term Investments?
Short-Term Investments
10B CNY

Based on the financial report for Sep 30, 2024, Tencent Music Entertainment Group's Short-Term Investments amounts to 10B CNY.

What is Tencent Music Entertainment Group's Short-Term Investments growth rate?
Short-Term Investments CAGR 5Y
73%

Over the last year, the Short-Term Investments growth was 1%. The average annual Short-Term Investments growth rates for Tencent Music Entertainment Group have been -13% over the past three years , 73% over the past five years .

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