Tencent Music Entertainment Group (1698)

Hong Kong
Currency in HKD
78.25
-0.50(-0.63%)
Closed·
1698 Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
1698 is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
77.0080.20
52 wk Range
36.2580.50
Key Statistics
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Bid/Ask
78.25 / 78.30
Prev. Close
78.75
Open
78.75
Day's Range
77-80.2
52 wk Range
36.25-80.5
Volume
644.75K
Average Volume (3m)
976.47K
1-Year Change
35.54%
Fair Value
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Fair Value Upside
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1698 Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
72.60
Downside
-7.22%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Strong Sell
Moving Averages
Buy

Tencent Music Entertainment Group Company Profile

Tencent Music Entertainment Group operates online music entertainment platforms that provides 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, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on 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 audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

Employees
5353
Market
Hong Kong

Compare 1698 to Peers and Sector

Metrics to compare
1698
Peers
Sector
Relationship
P/E Ratio
23.6x15.7x6.4x
PEG Ratio
0.28−0.130.01
Price/Book
3.1x2.4x1.8x
Price / LTM Sales
7.7x1.6x1.5x
Upside (Analyst Target)
−4.6%17.3%18.3%
Fair Value Upside
Unlock23.9%13.9%Unlock

Analyst Ratings

13 Buy
3 Hold
0 Sell
Ratings:
16 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 72.60
(-7.22% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 6.18%
Dividend Yield
0.89%
Annualised payout
0.70
Paid annually
5-Years Growth
-
Growth Streak

Earnings

Latest Release
May 13, 2025
EPS / Forecast
1.50 / 0.6777
Revenue / Forecast
7.96B / 7.82B
EPS Revisions
Last 90 days

1698 Income Statement

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FAQ

What Is the Tencent Music Entertainment (1698) Stock Price Today?

The Tencent Music Entertainment stock price today is 78.25

What Stock Exchange Does Tencent Music Entertainment Trade On?

Tencent Music Entertainment is listed and trades on the Hong Kong Stock Exchange stock exchange.

What Is the Stock Symbol for Tencent Music Entertainment?

The stock symbol for Tencent Music Entertainment is "1698."

Does Tencent Music Entertainment Pay Dividends? What’s The Current Dividend Yield?

The Tencent Music Entertainment dividend yield is 0.89%.

What Is the Tencent Music Entertainment Market Cap?

As of today, Tencent Music Entertainment market cap is 245.80B.

What Is Tencent Music Entertainment's Earnings Per Share (TTM)?

The Tencent Music Entertainment EPS (TTM) is 6.18.

When Is the Next Tencent Music Entertainment Earnings Date?

Tencent Music Entertainment will release its next earnings report on 17 Aug 2025.

From a Technical Analysis Perspective, Is 1698 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Tencent Music Entertainment Stock Split?

Tencent Music Entertainment has split 0 times.

How Many Employees Does Tencent Music Entertainment Have?

Tencent Music Entertainment has 5353 employees.

What is the current trading status of Tencent Music Entertainment (1698)?

As of 14 July 2025, Tencent Music Entertainment (1698) is trading at a price of 78.25, with a previous close of 78.75. The stock has fluctuated within a day range of 77.00 to 80.20, while its 52-week range spans from 36.25 to 80.50.
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