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Valuation Estimation |
EPS (Current/Estimated)
3.82/0.89
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Enterprise Value
28.44B
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Balance Sheet |
Book Value Per Share
5.17
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Cash Flow |
Cash Flow Yield
0.06
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Income Statement |
Total Revenue
27.75B
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Operating Revenue Per Share
2.37
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Industry Comparison
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Industry overview quotes are at least 15 minutes delayed
Business Description
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Tencent Music is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing. |