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
Total Receivables

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
Total Receivables Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Receivables CAGR 3Y CAGR 5Y CAGR 10Y
Tencent Music Entertainment Group
NYSE:TME
Total Receivables
ÂĄ2.9B
CAGR 3-Years
3%
CAGR 5-Years
11%
CAGR 10-Years
N/A
C
Cloud Village Inc
HKEX:9899
Total Receivables
ÂĄ1.1B
CAGR 3-Years
22%
CAGR 5-Years
-16%
CAGR 10-Years
N/A
C
China Film Co Ltd
SSE:600977
Total Receivables
ÂĄ2B
CAGR 3-Years
-11%
CAGR 5-Years
3%
CAGR 10-Years
N/A
Beijing Enlight Media Co Ltd
SZSE:300251
Total Receivables
ÂĄ471.9m
CAGR 3-Years
-3%
CAGR 5-Years
-14%
CAGR 10-Years
-6%
Mango Excellent Media Co Ltd
SZSE:300413
Total Receivables
ÂĄ5.3B
CAGR 3-Years
1%
CAGR 5-Years
14%
CAGR 10-Years
50%
Wanda Film Holding Co Ltd
SZSE:002739
Total Receivables
ÂĄ2.4B
CAGR 3-Years
1%
CAGR 5-Years
-4%
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 Total Receivables?
Total Receivables
2.9B CNY

Based on the financial report for Sep 30, 2024, Tencent Music Entertainment Group's Total Receivables amounts to 2.9B CNY.

What is Tencent Music Entertainment Group's Total Receivables growth rate?
Total Receivables CAGR 5Y
11%

Over the last year, the Total Receivables growth was 17%. The average annual Total Receivables growth rates for Tencent Music Entertainment Group have been 3% over the past three years , 11% over the past five years .

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