TME NYSE
Credit Risk of going bust: higher than 54% of companies Debt: 16.8% of company value Bonds: none of note held by US funds details ▾
Total debt $2.54B against a stock market value of $12.54B.
Distance to default 4.75 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $1.69B (short-term plus half of long-term), stock volatility 49.3%; Altman Z'' 4.88. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Shenzhen, GD 518057
CN
Tencent Music Entertainment Group (TME) is a premier operator of online music entertainment platforms across the People's Republic of China, offering a range of services including music streaming, digital karaoke, and live interactive broadcasting. Its offerings encompass popular streaming platforms like QQ Music, Kugou Music, and Kuwo Music, which facilitate personalized music discovery and listening for users. The company also developed WeSing, an engaging application that allows users to sing, socialize with friends, share their performances, and explore songs sung by others. Furthermore, TME runs interactive live broadcasting platforms, notably Kugou Live and Kuwo Live, providing an online venue for performers to exhibit their talents and interact with their audience. Kuwo Changting acts as a specialized audio content platform, featuring diverse spoken word entertainment such as audiobooks, traditional cross-talk, and radio dramas. Beyond its digital services, TME sells music-related hardware, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi audio systems. It also handles online ticketing for music events and partners with manufacturers of smart devices and automobiles to embed and manage music services within their products and vehicles. Tencent Music Entertainment Group maintains a strategic partnership with China Literature. Headquartered in Shenzhen, China, the company functions as a subsidiary of Tencent Holdings Limited.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| MAK YAU KEE ADRIAN | A-Award | 9,271 | — | 2026-10-15 |
| Ngan Edith Manling | A-Award | 9,271 | — | 2026-10-15 |
| CHAN JEANETTE KIM YU | M-Exempt | 3,155 | — | 2026-10-15 |
| CHAN JEANETTE KIM YU | A-Award | 9,271 | — | 2026-10-15 |
| CHAN JEANETTE KIM YU | M-Exempt | 3,155 | — | 2026-10-15 |