Tencent Music Entertainment Group

NYSE TME

Tencent Music Entertainment Group Free Cash Flow Yield on December 30, 2024

Tencent Music Entertainment Group Free Cash Flow Yield is NA on December 30, 2024, a NA change year over year. Free cash flow yield compares the return from free cash flow to the market cap; higher yield suggests attractive investment.
  • Tencent Music Entertainment Group 52-week high Free Cash Flow Yield is NA on December 30, 2024, which is NA below the current Free Cash Flow Yield.
  • Tencent Music Entertainment Group 52-week low Free Cash Flow Yield is NA on December 30, 2024, which is NA below the current Free Cash Flow Yield.
  • Tencent Music Entertainment Group average Free Cash Flow Yield for the last 52 weeks is NA.
Key data
Date Free Cash Flow Yield Market Value Added (MVA) Price to Book Ratio (P/B) Price to Earnings Ratio (P/E)
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NYSE: TME

Tencent Music Entertainment Group

CEO Mr. Zhu Liang
IPO Date Dec. 12, 2018
Location China
Headquarters Building D
Employees 5,185
Sector Communication Services
Industries
Description

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

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StockViz Staff

January 15, 2025

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