| Tencent Music Entertainment ADR (TME) | |||
|---|---|---|---|
| 12.47 0.15 (1.22%) | 04-24 12:31 | ||
| Open: | 12.5 | Pre. Close: | 12.32 |
| High: | 12.62 | Low: | 12.41 |
| Volume: | 3,646,930 | Market Cap: | 19,000(M) |
| Stock Technical Analysis | |
|---|---|
| Overall: |  |
| Target: | Six months: 14.74  One year: 17.22 |
| Support: | Support1: 11.50 Support2: 10.81 |
| Resistance: | Resistance1: 12.62 Resistance2: 14.74 |
| Pivot: | 11.65 |
| Moving Averages: | MA(5): 11.91 MA(20): 11.54 MA(100): 9.87 MA(250): 8.21 |
| MACD: | MACD(12,26): 0.33 Signal(12,26,9): 0.29 |
| %K %D: | %K(14,3): 89.32 %D(3): 73.24 |
| RSI: | RSI(14): 68.84 |
| 52-Week: | High: 12.62 Low: 5.7 Change(%): 76.5 |
| Average Vol(K): | 3-Month: 8142 10-Days: 6966 |
| Prices Prediction (Update @5:00pm) | ||
|---|---|---|
| If tomorrow: | Open lower | Open higher |
| High: | 12.375 - 12.421 | 12.421 - 12.458 |
| Low: | 11.669 - 11.725 | 11.725 - 11.771 |
| Close: | 12.233 - 12.322 | 12.322 - 12.395 |
| Price, MAs and Bollinger Bands |
|---|
| Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.[ TME ] has closed Bollinger Bands are 22.3% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices. |
| Company profile |
|---|
| 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. |
| Stock chart |
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| Financial Analysis | |
|---|---|
| Price to Book Value: | Neutral |
| P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly. | |
| Price to Earnings: | Outperform |
| PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). | |
| Discounted cash flow: | Outperform |
| DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows. | |
| Return on Assets: | Outperform |
| ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit. | |
| Return on Equity: | Neutral |
| ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency. | |
| Debt to Equity: | Underperform |
| evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn. | |
| Stock Basics & Statistics | |
|---|---|
| Exchange: New York Stock Exchange | |
| Sector: Communication Services | |
| Industry: Internet Content & Information | |
| Shares Out. (M) | 1720.00 |
| Shares Float (M) | 1100.00 |
| % Held by Insiders | |
| % Held by Institutions | 50.61 |
| Shares Short (K) | 21000 |
| Shares Short Prior Month (K) | 26190 |
| Stock Financials | |
|---|---|
| EPS | 0.430 |
| Book Value (p.s.) | 36.030 |
| Profit Margin | 17.73 |
| Operating Margin | 20.73 |
| Return on Assets (ttm) | 4.4 |
| Return on Equity (ttm) | 9.8 |
| Qtrly Rev. Growth | -7.2 |
| Gross Profit (p.s.) | |
| Sales Per Share | 16.134 |
| EBITDA (p.s.) | 3.326 |
| Qtrly Earnings Growth | 13.90 |
| Operating Cash Flow (M) | 7340.00 |
| Levered Free Cash Flow (M) | 3140.00 |
| Stock Valuation | |
|---|---|
| PE Ratio | 29.10 |
| PEG Ratio | 66.70 |
| Price to Book value | 0.35 |
| Price to Sales | 0.77 |
| Price to Cash Flow | 2.93 |
| Stock Dividends | |
|---|---|
| Dividend | |
| Dividend Yield | |
| Dividend Growth | |
