ENTITY
Tencent Music

Tencent Music (TME US)

398
Analysis
Consumer DiscretionaryChina
Tencent Music Entertainment operates an online music entertainment platform in China. The Company offers platform that comprises of online music, recording, music-centric live streaming enabling users to discover, listen, sing, watch, perform, and socialize music.
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bullishTencent Music
14 May 2024 19:51Broker

TME (TME US) - 1Q24 Beat on Strong Music Business Growth and GPM Expansion

TME reported 1Q24 results: total revenue declined by 3% YoY to RMB6.77bn, beating consensus estimate by 3% on strong online music revenue growth

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bullishTencent Music
20 Mar 2024 18:43Broker

TME (TME US) - Expect Solid Core Music Business and GPM Expansion in FY24

TME announced its 4Q23 results on 19 Mar: total revenue decreased by 7% YoY to RMB6.9bn, 3% ahead of consensus/our estimate thanks to the robust...

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bullishTencent Music
23 Jan 2024 10:55Broker

TME (TME US) - Online Music Business Maintains Solid Growth Amid Macro Uncertainty

TME is making steady progress in online music paying user growth: we expect 4Q23 total revenue to decline by 10% YoY to RMB6.7bn, but non-IFRS net...

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bullishTencent Music
15 Nov 2023 19:35Broker

TME (TME US) – Inline 3Q23 results; strong music subscription revenue growth

Looking ahead, we forecast total revenue to decline by 10% YoY to RMB6.7bn in 4Q23E, due to the persisting impact of social entertainment business...

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bullishTencent Music
16 Aug 2023 08:18Broker

TME (TME US) – Improving profitability despite pressure on social entertainment business

TME announced 2Q23 financial results on 15 Aug. Total revenue grew by 5.5% YoY and 4.0% QoQ to RMB7.3bn in 2Q23, in line with CMBI/consensus...

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