---
title: "Tencent Music Entertainment Group (TME.US)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/TME.US.md"
symbol: "TME.US"
name: "Tencent Music Entertainment Group"
industry: "Movies and Entertainment"
datetime: "2026-05-19T14:07:53.292Z"
locales:
  - [en](https://longbridge.com/en/quote/TME.US.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/TME.US.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/TME.US.md)
---

# Tencent Music Entertainment Group (TME.US)

## Company Overview

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People’s Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms.

| Item | Detail |
|------|--------|
| Industry | Movies and Entertainment |
| Exchange | US Market |
| Website | [www.tencentmusic.com](https://www.tencentmusic.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:14.000Z

**Overall: B (0.34)**

**Industry**: Movies and Entertainment

| Metric | Value |
|--------|-------|
| Industry Ranking | 9 / 79 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Large - The company has stable operations, allowing for dependable long-term returns.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 18.04% |  |
| Net Profit YoY | -4.74% |  |
| P/B Ratio | 1.30 |  |
| Dividend Ratio | 2.57% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 14033074806.24 |  |
| Revenue | 4745748603.61 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 12.00% | B |
| Profit Margin | 26.48% | A |
| Gross Margin | 44.91% | B |
| Revenue YoY | 18.04% | B |
| Net Profit YoY | -4.74% | C |
| Total Assets YoY | 6.98% | B |
| Net Assets YoY | 7.78% | B |
| Cash Flow Margin | 113.41% | C |
| OCF YoY | 18.04% | B |
| Turnover | 0.34 | D |
| Gearing Ratio | 22.75% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Tencent Music Entertainment Group",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "18.04%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-4.74%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.30",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.57%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "14033074806.24",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "4745748603.61",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "12.00%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "26.48%",
          "rating": "A"
        },
        {
          "name": "Gross Margin",
          "value": "44.91%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "18.04%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "-4.74%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "6.98%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "7.78%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "113.41%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "18.04%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.34",
          "rating": "D"
        },
        {
          "name": "Gearing Ratio",
          "value": "22.75%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 11.17 | 3/79 | 25.67 | 19.77 | 14.66 |
| PB | 1.30 | 18/79 | 3.21 | 2.55 | 1.89 |
| PS (TTM) | 2.96 | 39/79 | 8.60 | 6.69 | 5.00 |
| Dividend Yield | 2.57% | 3/79 | 1.70% | 0.96% | 0.77% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | AI Era Corp. (AERA.US) | A | A | A | B | C | A |
| 02 | Netflix (NFLX.US) | A | B | B | C | B | B |
| 03 | Spotify (SPOT.US) | A | B | A | B | B | B |
| 04 | Universal Music Group N.V. (UNVGY.US) | A | B | B | D | B | B |
| 05 | Liberty Media Corp-Liberty Formula One - C (FWONK.US) | B | A | D | C | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-18T04:00:00.000Z

Total Analysts: **31**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 18 | 58% |
| Overweight | 4 | 13% |
| Hold | 8 | 26% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 9.22 |
| Highest Target | 29.08 |
| Lowest Target | 10.68 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/TME.US/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/TME.US/norm.md)
- [Related News](https://longbridge.com/en/quote/TME.US/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/TME.US/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**