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Ken GriffinReduced
Citadel Advisors · Q2 2026
$9.06M
1.08M shares · 0.0% of portfolio
Tencent Music Entertainment Group
Tencent Music Entertainment Group (TME) is listed on NYSE and classified in Internet Content & Information, part of the Communication Services sector. It is headquartered in Shenzhen, China and has 5,690 employees. The company is worth $14.02B and trades at 10.5x its earnings of the last twelve months; the median for its sector is 16.1x. Revenue was CN¥32.9B in fiscal 2025, up 15.8% from the year before. Net income was CN¥11.06B. The share price is 63.9% below its 52-week high of $23.86. It pays a dividend yielding 2.79%. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Baillie Gifford (Baillie Gifford & Co), at $72.08M. In that quarter, 1 of them opened or added to the position and 3 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Articles on this site that cover Tencent Music Entertainment Group.
Year by year, from the annual reports; dividends from the payments themselves.
Revenue, debt and profit are in CNY, the currency the company reports in — not converted to dollars. Dividends are in dollars.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +20.0% over 5Y.
today you would have $1,152.01▲ +15.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $17.53 | $11.35 | $9.01 | $8.28 | |
| EPS | CN¥7.12 | CN¥4.24 | CN¥3.10 | CN¥2.28 | |
| Dividend yield | — | 1.03% | 1.21% | — | — |
| Profit margin | 20.56% | 33.60% | 23.39% | 17.73% | 12.98% |
| ROE | 9.30% | 13.77% | 9.79% |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 2.8% dividend yield. Growth capped at 25%.
Median P/E of 16.1 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Communication Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| TUTelus Corp | $8.86 | — | 1.5x | 5.98% | -6.39% | $13.95B |
| CHTRCharter Communications Inc | $111.77 | 2.9x | 0.8x | 0.00% | 27.20% | $14.53B |
| TIGOMillicom International Cellular SA | $79.93 | 20.2x | 5.5x | 3.75% | 21.73% | $13.41B |
| PINSPinterest Inc | $22.93 |
| 8.80% |
| 7.64% |
This company reports in CNY, and the stock trades in dollars. P/E, P/S, P/B and payout would divide dollars by CNY, so they are not shown; EPS is in CNY. Margin, ROE and dividend yield do not depend on the currency.
Median of the years shown; P/E years above 200x are left out.
Dividend growing 0.0% a year against a 7.8% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
4 methods answered, across 2 families.
Room for errors in the reported numbers.
-34.3% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 67.4x |
| 4.5x |
| 0.00% |
| 6.46% |
| $12.99B |
| TLKPerusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | $12.21 | 11.9x | — | 9.99% | 17.68% | $12.04B |
| WMGWarner Music Group Corp. | $31.69 | 25.4x | 19.4x | 2.52% | 70.07% | $16.58B |