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Tencent Music Entertainment Group logo

Tencent Music Entertainment Group

1698
SHEK: 1698 Delayed
35.08HKD -4.1%
4.48 USD
As of 24 June 2026, Tencent Music Entertainment Group has a market cap of $14.19B USD, ranking #1640 globally and #240 in China. It ranks #255 in the Technology sector, and #77 in the Software - Application industry.
Global Rank
1640
Country Rank
240
Sector Rank
255
Industry Rank
77
Key Stats
Market Cap
$14.19BUSD
111.25B HKD
Enterprise Value
$11.66BUSD
91.38B HKD
Revenue (TTM)
$4.67BUSD
36.61B HKD
EBITDA (TTM)
$1.55BUSD
12.15B HKD
Net Income (TTM)
$1.57BUSD
12.3B HKD
EBITDA Margin
33%
Profit Margin
34%
PE Ratio
9.0
Forward PE
9.4
PS Ratio
3.0
PB Ratio
1.2
EV/EBITDA
7.4
Company Profile
Country (HQ)
Sector
Technology
Industry
Software - Application
CEO
Zhu Liang open_in_new
Employees
5,690
Website
tencentmusic.com open_in_new
warningChart data may be delayed
1d 1w 1m 3m 6m 1y
-4.1% -5.7% -8.2% -47% -61% -33%

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Markets

Exchange Ticker Price
Hong Kong Stock Exchange
MIC: XHKG
PRIMARY
1698
腾讯音乐娱乐集团 Class A
ISIN: KYG875771134
Shares Out.:
1.197B1 Shares Float: 977.039M2
TV:
SA:
YF:
GF:
BA:
MS:
35.08 HKD
London Stock Exchange
MIC: XLON
0A2Z
腾讯音乐娱乐集团 ADR
ISIN: US88034P1093
Shares Out.:
598.3M1 Shares Float: 597.794M2
TV:
SA:
YF:
GF:
BA:
MS:
9.07 USD
Frankfurt Stock Exchange
MIC: XFRA
63T
腾讯音乐娱乐集团 Class A
ISIN: KYG875771134
Shares Out.:
1.152B1 Shares Float: 950.029M2
TV:
SA:
YF:
GF:
BA:
63T
MS:
3.91 EUR
Show all 6 markets
1Market cap is calculated using shares outstanding.
2Float shares are publicly tradable shares, excluding insider-held stock.

About Tencent Music Entertainment Group

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 provides 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 operates as a subsidiary of Tencent Holdings Limited.

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