TME Tencent Music Entertainment Group ADRs

Tencent Music Entertainment Group operates an online music entertainment platform that provides online music and music-centric social entertainment services in China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Live and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance. In addition, it sells music-related merchandise, including Kugou M1 headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is based in Shenzhen, Chiane. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited. This is an ADR of a company that does not have its stock publicly traded anywhere else in the world.

$4.48  +0.32 (7.69%)
As of 10/04/2022 16:00:02 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  ADRs
Category3:  Mid cap
GICS sector:  Communication Services
Industry:  Internet Content & Information
Index country:  China
Country of incorporation:  
IPO date:  12/12/2018
Outstanding shares:  858,507,543
Average volume:  8,563,387
Market cap:   $3,485,540,625
Current dividend yield:  0.00%
Prospectus:    Read on SEC.gov
All SEC filings:   SEC Edgar Online
Annual filings:      20-F
Sedol:      BFZYWR2
Valuation   (See tab for details)
PE ratio:   16.89
PB ratio:   0.14
PS ratio:   0.77
Return on equity:   5.60%
Net income %:   9.02%

2022 © Stock Market MBA, Inc. Terms of use | Privacy policy