Dashboard
Discussions
Watchlists
Collections
Tools
More
Events
SIGN UP
SIGN IN
bearish
Tencent Music
Watchlist
Tencent Music (TME): Lower Margin in 2Q2019, Overvalued as Always
Equity Bottom-Up
490 Views
13 Aug 2019 10:57
The operating margin dropped to 15% in 2Q19 compared to 21% in 2Q18. We believe the price discount in broadcasting raised paying users and...
SUMMARY
(Sign Up to Access)
Full Insight
(Paid Plans Only, 4-minute read)
Related Insights
More »
Tencent Music (TME): Quick Note – Acquisition of Ximalaya
TME (TME US) - Inline 1Q25 Results; Online Music Business Maintains Solid Momentum
Tencent Music (TME): 1Q25, Unnoticed Growth Continued, 80% Upside
Tencent Music Entertainment: Diversification of Music Consumption Scenarios to Reach Into Untapped User Segments!
TME (TME US) - 4Q24 Earnings Beat; Driving Quality Growth in FY25
Trending Collections
More »
Index Rebalance
India
Equity Bottom-Up
Unpaywalled Insights
Sell / Short Ideas
Equity Capital Markets (ECM)
South Korea
Japan
Event-Driven
US ECM
Trending Insights
More »
NSDL Vs CDSL: A Bottom-Up Comparison
SKT Foreign Room Heating Up — Time to Front-Run?
HSCI Index Rebalance Preview and Stock Connect (Sep 2025): Plenty of Recent IPOs Could Be Added
HEW: Trade Deals & Fiscal Slippage
Meitu (1357 HK): AI-Driven Global Index Inclusion
Top Unpaywalled Insights
More »
[IO Technicals 2025/30] Iron Ore Rally Cools on Supply Surge, but Policy Hopes Keep Prices Afloat
New Barbarians Podcast | Episode #029 | Recap & Reset: Macro Shifts, Ethereum's Spike, MicroStrat...
Crypto Week Unleashes a Bitcoin Blitz and Sparks the Altcoin Catch-Up
The Bunny Returns: Playboy’s Market Comeback
HK Connect SOUTHBOUND Flows (To 18 July 2025); Volumes Strong, Net Buying Decent, Meituan Hot
Discussions
(Paid Plans Only)
Price Chart
(Sign Up to Access)
Insight Stream
Tencent Music (TME) Earnings Preview: No Exclusive Advantage, Overvalued
13 Mar 2020
Tencent Music (TME): Risks Lower Growth for Both Business Lines, 21% Downside
13 Nov 2019
Tencent Music (TME): Anti-Trust Investigation May Take at Least USD2.80 Per Share
19 Aug 2019
Tencent Music (TME): Lower Margin in 2Q2019, Overvalued as Always
13 Aug 2019
Tencent Music (TME): Paying User Growth Tumbled in Both Business Lines, 32% Downside
14 May 2019
Tencent Music 1Q19 Results Quick Take and the Looming US$4.85bn Lock-Up Overhang
14 May 2019
Tencent Music: A Case of Failing to Live up to Hyped Expectations
21 Mar 2019
Top
For Institutional Investors and Financial Services
For Corporate IR and Strategy
For Private Wealth Intermediaries
Pricing
Who We Are
Careers
FAQs
Research Provider Solutions
Syndicate your Publications
Compliance
Terms of Use
Privacy Policy
Press Kit
RSS Feeds
Request a Free Trial
Avail a Transition Account
Guest Posts on Smartkarma
Other Enquiries
Join TL;DR Community
Free Weekly Newsletters
Copyright © 2022 Smartkarma Innovations Pte Ltd. All Rights Reserved. v3.55.3
x