T

    Tencent Music Entertainment Group (TME)

    Official site

    COMMUNICATION SERVICES • INTERNET CONTENT & INFORMATION • NYSE

    $8.28
    -0.28 (-3.33%)

    Market Cap: $14.03B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    87%(27/31)
    Avg Surprise
    +6.20%
    Streak
    7 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$1.64
    Range$1.55 - $1.71
    6 analysts
    EPS Revisions
    1
    0
    7d
    1
    0
    30d
    EPS Estimate Drift
    90d ago$0.00-100.0%
    60d ago$1.64-0.1%
    30d ago$1.64-0.1%
    7d ago$1.64+0.0%
    Current$1.64
    Revenue Consensus
    $9.2B
    Range$8.8B - $9.6B
    8 analysts
    Dec 31, 2026
    EPS Consensus$1.56
    Range$1.49 - $1.77
    20 analysts
    Revenue Consensus
    $9.1B
    Range$8.8B - $9.8B
    26 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.56---
    Sep 26EST
    		-$1.64---
    Jun 26
    		$0.24$0.23+4.35%Beat-85.5%
    Mar 26
    		$1.46$1.43+2.10%Beat+6.6%
    Dec 25
    		$1.60$1.54+3.90%Beat+27.0%
    Sep 25
    		$1.54$1.52+1.32%Beat+32.8%
    Jun 25
    		$1.66$1.47+12.93%Beat+39.5%
    Mar 25
    		$1.37$1.32+3.79%Beat+25.7%
    Dec 24
    		$1.26$1.22+3.28%Beat+26.0%
    Sep 24
    		$1.16$1.19-2.52%Miss+30.3%
    Jun 24
    		$1.19$1.18+0.85%Beat+22.7%
    Mar 24
    		$1.09$1.01+7.92%Beat+22.5%
    Dec 23
    		$1.00$0.98+2.04%Beat+9.9%
    Sep 23
    		$0.89$0.88+1.14%Beat+3.5%
    Jun 23
    		$0.97$0.98-1.02%Miss+54.0%
    Mar 23
    		$0.89$0.80+11.25%Beat+64.8%
    Dec 22
    		$0.91$0.89+2.25%Beat+82.0%
    Sep 22
    		$0.86$0.72+19.44%Beat+41.0%
    Jun 22
    		$0.63$0.56+12.50%Beat-4.5%
    Mar 22
    		$0.54$0.53+1.89%Beat-21.7%
    Dec 21
    		$0.50$0.50+0.00%Beat-37.5%
    Sep 21
    		$0.61$0.49+24.49%Beat-23.8%
    Jun 21
    		$0.66$0.60+10.00%Beat-4.3%
    Mar 21
    		$0.69$0.71-2.82%Miss+4.5%
    Dec 20
    		$0.80$0.81-1.23%Miss+0.0%
    Sep 20
    		$0.80$0.70+14.29%Beat+8.1%
    Jun 20
    		$0.69$0.64+7.81%Beat+3.0%
    Mar 20
    		$0.66$0.63+4.76%Beat-8.3%
    Dec 19
    		$0.80$0.70+14.29%Beat+40.4%
    Sep 19
    		$0.74$0.65+13.85%Beat+722.2%
    Jun 19
    		$0.67$0.59+13.56%Beat+1526.2%
    Mar 19
    		$0.72$0.68+5.88%Beat+2791.6%
    Dec 18
    		$0.57$0.57+0.00%Beat+3049.2%
    Sep 18
    		$0.09$0.00N/ABeat+703.6%
    Mar 18
    		$0.04N/AN/ABeat+274.5%
    Dec 17
    		$0.02N/AN/ABeat+315.0%
    Sep 17
    		$0.02N/AN/ABeat+191.9%
    Jun 17
    		$0.01N/AN/ABeat-
    Mar 17
    		$0.01N/AN/ABeat-
    Dec 16
    		$0.01N/AN/ABeat-
    Sep 16
    		$0.01N/AN/ABeat-

    Dividends

    Dividend Metrics

    Yield2.90%
    Annual/Share$0.24
    Payout Ratio30.12%
    Frequency1
    Pay MonthsApr

    Key Metrics

    Valuation
    P/E Ratio1.71EV/EBITDA7.26x
    Price/FCFN/AFCF YieldN/A
    Profitability
    Profit Margin26.30%Operating Margin31.40%
    ROE11.00%ROIC12.58%
    Financial Health
    Debt/Equity0.08xInterest Coverage94.81x
    Current Ratio1.74xQuick Ratio1.74x
    Trading Statistics
    Beta0.84Avg Volume11.99M
    52-Week High$26.0052-Week Low$7.94

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$8.72
    SMA 20$8.94
    SMA 50$8.89
    SMA 200$12.17
    EMA 10$8.68
    EMA 20$8.83
    EMA 50$9.01
    EMA 200$11.67

    MACD

    Line: -0.15Signal: -0.09Hist: -0.06

    ADX

    ADX: 11.0+DI: 20.4-DI: 29.1

    Aroon & PSAR

    Aroon Up8.0
    Aroon Down44.0
    PSAR$9.51

    Bollinger Bands

    Upper Band$9.83
    Lower Band$8.06
    %B Position1983%(Upper)
    Band Width0.12

    RSI (14-Day)

    Neutral
    36.3

    Momentum Oscillators

    Stoch %K21.5
    Stoch %D28.3
    Williams %R-99.4
    ROC (10d)-6.7%
    Momentum-0.59
    CCI (20d)-115.3
    MFI (14d)59.4

    Volatility Measures

    ATR (14d)$0.32(3.9%)
    StdDev (20d)0.44
    Hist Vol51.6%(High)

    Volume Flow

    VWAP$8.37
    OBV-163.7M
    AD Line-3.3B
    CMF (20d)-0.000

    Volume Metrics

    Avg Vol (20d)12.3M
    Vol Ratio0.6x
    VWMA (20d)$8.89

    Pivot Points

    R3$9.08
    R2$8.97
    R1$8.76
    Pivot Point$8.65
    S1$8.44
    S2$8.33
    S3$8.12

    Advanced Oscillators

    TSI-12.31
    Ultimate Osc32.5
    KST-42.91

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$8.93B$7.85B$7.74B$8.46B$8.44B$7.36B$7.46B$7.01B$7.16B$6.77B$6.89B$6.57B
    Cost of Revenue$4.98B$4.32B$175.51M$4.78B$4.69B$4.11B$4.21B$4.02B$4.15B$4.00B$4.25B$4.23B
    Gross Profit$3.95B$3.52B$7.57B$3.68B$3.75B$3.24B$3.25B$2.99B$3.01B$2.77B$2.64B$2.34B
    Operating Expenses$914.00M$1.20B$4.95B$972.00M$771.00M$-1,594,000,000$844.00M$847.00M$812.00M$812.00M$1.07B$917.00M
    R&D$0$0$0$0$0$2.28B$0$0$0$2.52B$2.52B$2.52B
    SG&A$1.06B$940.00M$1.34B$1.05B$940.00M$944.00M$926.00M$998.00M$938.00M$949.00M$1.01B$1.05B
    Operating Income$3.04B$2.32B$2.62B$2.71B$2.98B$4.84B$2.41B$2.14B$2.20B$1.96B$1.71B$1.43B
    Interest Income$0$246.00M$190.00M$245.00M$254.00M$297.00M$315.00M$299.00M$304.00M$278.00M$277.00M$273.00M
    Interest Expense$4.99M$45.72M$84.01M$4.47M$12.00M$25.00M$29.00M$97.00M$26.00M$30.00M$13.00M$35.00M
    Income Before Tax$3.07B$2.58B$2.41B$2.69B$2.98B$4.83B$2.50B$2.08B$2.23B$1.91B$1.70B$1.44B
    Income Tax Expense$514.00M$454.24M$433.58M$477.00M$515.00M$446.00M$423.00M$367.00M$432.00M$381.00M$295.00M$176.00M
    Net Income$2.47B$2.08B$1.90B$2.15B$2.41B$4.29B$1.96B$1.58B$1.68B$1.42B$1.31B$1.17B
    EBITDA$3.14B$2.71B$6.36B$2.64B$3.17B$2.35B$2.27B$2.02B$2.07B$1.86B$1.72B$1.37B
    EBIT$2.81B$2.62B$5.29B$2.46B$2.99B$2.17B$2.09B$1.84B$1.89B$1.68B$1.54B$1.15B
    * Some calculated fields are derived from available data when not provided by source

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    News

    2026 TME Chinese Music Impact Summit Held: Music IP and New Growth Paths for the Industry in the AI Era

    The 2026 TME Chinese Music Impact Summit, hosted by Tencent Music Entertainment Group (TME) in Macao, explored the creation, growth, global expansion, and long-term value of music IP in the AI era. Discussions focused on the necessity of a new copyright framework for AI-powered music, promoting global collaboration for Chinese-language music, and the evolving role of artists and super fans. The summit emphasized balancing technological advancements with intellectual property protection and fostering high-quality content.

    ANTARA News•8/26/26•
    Bullish

    StreamUnlimited StreamSDK Now Supports TME Connect

    StreamUnlimited Engineering has integrated TME Connect into its StreamSDK audio-streaming platform, allowing manufacturers to create connected-audio products compatible with Tencent Music Entertainment's services like QQ Music, Kugou Music, Kuwo Music, and Ximalaya. This integration aims to accelerate market entry and expansion in China for brands, providing seamless access to local music services. TME Connect offers high-quality, Wi-Fi-based audio transmission, supporting lossless and immersive audio formats up to 9.1.6 channels, enhancing the streaming experience for users and simplifying development for hardware partners.

    audioXpress•8/25/26•
    Bullish

    Tencent Music Summit Maps Chinese Music’s Future Across AI, Copyright And Global Growth

    The 2026 TME Chinese Music Impact Summit, held in Macao, focused on the future of Chinese music, particularly addressing the challenges and opportunities presented by AI, copyright, and global growth. Key discussions centered on the importance of strong music IP and responsible AI use, emphasizing AI as a creative tool rather than a replacement for original work. The summit also highlighted the increasing value of live entertainment, artist development, fan communities, and the international expansion of Chinese-language music, stressing authentic expression and strategic partnerships.

    That Eric Alper•8/24/26•
    Neutral

    K-pop Acts Including Aespa and Stray Kids Win Big at Tencent Music Awards in China

    K-pop groups Aespa, Stray Kids, IVE, and Tomorrow X Together were major award winners at the 2026 TME Live International Music Awards (TIMA) held in Hong Kong. Aespa alone secured six awards, including 'Best Overseas Girl Group of the Year.' SM Entertainment artists, including Super Junior and Girls' Generation's Taeyeon, also received significant honors at the ceremony, which featured K-pop and international artists.

    아시아경제•8/24/26•
    Bullish

    Charlie Puth and Stray Kids win international honors at Hong Kong music awards

    The 2nd TMElive International Music Awards (TIMA) concluded on August 23, 2026, in Hong Kong, featuring 34 Chinese and international acts. Charlie Puth was named International Artist of the Year and Stray Kids received International Group of the Year. The event, hosted by Tencent Music Entertainment Group, expanded in scale and influence, drawing global attention to diverse music cultures.

    Stock Titan•8/24/26•
    Bullish

    Frequently Asked Questions About TME

    What is TME's current dividend yield?
    Tencent Music Entertainment Group (TME) has a current dividend yield of 2.90%.
    Does TME pay dividends?
    Yes, Tencent Music Entertainment Group pays dividends with a current yield of 2.90%.
    What is TME's P/E ratio?
    Tencent Music Entertainment Group has a price-to-earnings (P/E) ratio of 1.71.
    What is TME's market cap?
    Tencent Music Entertainment Group (TME) has a market capitalization of $14.03B with a current stock price of $8.28.

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