TME: Tencent Music Entertainment Group - Summary | Jitta

Tencent Music Entertainment Group

NYSE:TME

Price
$8.29
Loss Chance
47.6%
5.65JITTA SCORE
141.58%Over Jitta Line
Jitta Ranking
1,584 / 5,003
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (51)
Recent Business Performance (89)
Financial Strength (77)
Return to Shareholders (24)
Competitive Advantage (47)
Jitta Signs
Debt LevelLow Long Term Debt
Share RepurchaseEvery Year
CapExVery Low
Interest Coverage RatioVery Good
Cash Conversion CycleLess than 30 days
Revenue and EarningEarning decline from 2019-2022
Operating MarginInconsistent
Key Stats
Jitta Score
Jitta Line
5.65
141.58%
3.06
243.94%
Movies and Entertainment
3.10
33.40%
3.90
7.89%
5.73
47.25%
COMPANY 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 music in personalized ways; and WeSing, which enables users to sing from its library of karaoke songs and share their performances in audio or video formats with friends. The company also operates 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 a diverse audience base; and Lazy Audio, an audio platform. 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. The company is based in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.