63

Tencent Music Entertainment GroupDUS Tencent Music Stock Report

Last reporting period 31 Dec, 2023

Updated —

Last price

Market cap $B

18.967

Large

Exchange

XDUS - Boerse Duesseldorf

63T.DU Stock Analysis

63

Uncovered

Tencent Music Entertainment Group is uncovered by Eyestock quantitative analysis.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

82/100

Moderate score

Market cap $B

18.967

Dividend yield

0.90 %

Shares outstanding

837.51 B

Tencent Music Entertainment Group is a CN-based company operating in Entertainment industry. The company is headquartered in Shenzhen, Guangdong and currently employs 5,966 full-time employees. The company went IPO on 2018-12-12. Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The firm is mainly engaged in the provision of online music services, social entertainment services and other services. The firm operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The firm also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio. The firm is also engaged in the sales of music-related merchandise, the provision of services to smart device and car manufacturers and ticketing services for online music events. The firm mainly conducts its businesses in domestic and overseas markets.

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