Tencent Music Entertainment Group
NYSE:TME

Watchlist Manager
Tencent Music Entertainment Group Logo
Tencent Music Entertainment Group
NYSE:TME
Watchlist
Price: 11.75 USD -1.67% Market Closed
Market Cap: 19.9B USD
Have any thoughts about
Tencent Music Entertainment Group?
Write Note

Tencent Music Entertainment Group
Total Liabilities & Equity

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

Tencent Music Entertainment Group
Total Liabilities & Equity Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Liabilities & Equity CAGR 3Y CAGR 5Y CAGR 10Y
Tencent Music Entertainment Group
NYSE:TME
Total Liabilities & Equity
ÂĄ75.5B
CAGR 3-Years
4%
CAGR 5-Years
9%
CAGR 10-Years
N/A
C
Cloud Village Inc
HKEX:9899
Total Liabilities & Equity
ÂĄ11.6B
CAGR 3-Years
13%
CAGR 5-Years
8%
CAGR 10-Years
N/A
C
China Film Co Ltd
SSE:600977
Total Liabilities & Equity
ÂĄ19.2B
CAGR 3-Years
-2%
CAGR 5-Years
2%
CAGR 10-Years
N/A
Beijing Enlight Media Co Ltd
SZSE:300251
Total Liabilities & Equity
ÂĄ10.2B
CAGR 3-Years
-1%
CAGR 5-Years
-3%
CAGR 10-Years
8%
Mango Excellent Media Co Ltd
SZSE:300413
Total Liabilities & Equity
ÂĄ32.5B
CAGR 3-Years
15%
CAGR 5-Years
15%
CAGR 10-Years
38%
Wanda Film Holding Co Ltd
SZSE:002739
Total Liabilities & Equity
ÂĄ24.9B
CAGR 3-Years
-5%
CAGR 5-Years
-5%
CAGR 10-Years
N/A
No Stocks Found

Tencent Music Entertainment Group
Glance View

Market Cap
19.9B USD
Industry
Media

Tencent Music Entertainment Group has orchestrated a symphony of success within China's dynamic digital soundscape. Emerging as a powerhouse in the online music industry, the company deftly maneuvers through the intricacies of music streaming, live entertainment, and social networking. At its core, Tencent Music hosts a triad of platforms: QQ Music, Kugou Music, and Kuwo Music, each catering to diverse musical tastes across the vast Chinese market. By offering an expansive library of licensed tracks, Tencent Music seamlessly integrates social features that encourage user interaction, thereby fostering personal connections to music. This approach not only keeps users engaged but also allows the company to create a strong community ecosystem where music intersects with social media. In the heart of its financial overture, Tencent Music monetizes through a mixed revenue model. While it derives income from monthly subscriptions that grant users premium access to ad-free listening and exclusive content, the real virtuoso move lies in its social entertainment services. These services, including virtual gifting, online karaoke, and live-streamed concerts, generate robust revenue streams by enabling music enthusiasts to express their enduring admiration for artists directly. Furthermore, its strategic partnerships and licensing deals with major international and local music labels enhance its catalog, ensuring a constant influx of fresh content that keeps the user base engaged. Thus, Tencent Music Entertainment skillfully composes a harmonious blend of user experience and innovative monetization to maintain its leadership in the rapidly evolving music industry landscape.

TME Intrinsic Value
12.12 USD
Undervaluation 3%
Intrinsic Value
Price

See Also

What is Tencent Music Entertainment Group's Total Liabilities & Equity?
Total Liabilities & Equity
75.5B CNY

Based on the financial report for Sep 30, 2024, Tencent Music Entertainment Group's Total Liabilities & Equity amounts to 75.5B CNY.

What is Tencent Music Entertainment Group's Total Liabilities & Equity growth rate?
Total Liabilities & Equity CAGR 5Y
9%

Over the last year, the Total Liabilities & Equity growth was 4%. The average annual Total Liabilities & Equity growth rates for Tencent Music Entertainment Group have been 4% over the past three years , 9% over the past five years .

Back to Top