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Also trades as: 1698.HK (HKSE) · $vol 7M

TME NYSE

Tencent Music Entertainment Group
1W: -2.1% 1M: +1.2% 3M: -10.8% YTD: -52.5% 1Y: -62.8% 3Y: +28.8% 5Y: +12.3%
$8.48
+0.01 (+0.06%)
 
Weekly Expected Move ±4.4%
$8 $8 $9 $9 $9
NYSE · Communication Services · Internet Content & Information · Tech Score Buy · Power 55 · $12.5B mcap · 1.08B float · 0.728% daily turnover · Short 66% of daily vol
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 ▾
If the stock fell to about $0.22 (down 97%), Tencent Music Entertainment Group would be worth roughly what it owes.
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.
Smart Money Score
Moderate 50
Insider—
Congress—
ETF Holdings—
Key Statistics
Market Cap$12.5B
52W Range7.66-23.86
Volume5,414,847
Avg Volume7,838,472
Beta0.75
Dividend$0.24
Analyst Ratings
10 Buy 13 Hold 1 Sell
Consensus Hold
Company Info
CEOZhu Liang
Employees5,690
SectorCommunication Services
IndustryInternet Content & Information
IPO Date2018-12-12
Building D
Shenzhen, GD 518057
CN
86 75 5860 13388
About Tencent Music Entertainment Group

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

NameTypeSharesPriceDate
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

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms