Tencent Music

ISIN US88034P1093

 | 

WKN A2N7WQ

Market cap (in EUR)
18,520.22 m
Country
China
Sector
Technology
Dividend yield
0.98%
 

Overview

Quote

Description

Tencent Music Entertainment Group engages in the business of operating online music entertainment platforms to provide music streaming, online karaoke, and live streaming services. Its product brands include QQ Music, Kugou Music, Kuwo Music, and WeSing. The company was founded on June 6, 2012 and is headquartered in Shenzhen, China.
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Technology Software and Consulting Internet and Data Services China

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Financials

Key metrics

Market capitalisation, EUR 18,520.22 m
EPS, EUR 0.55
P/B ratio 2.29
P/E ratio 22.64
Dividend yield 0.98%

Income statement (2024)

Revenue, EUR 3,648.28 m
Net income, EUR 853.46 m
Profit margin 23.39%

What ETF is Tencent Music in?

There are 108 ETFs which contain Tencent Music. All of these ETFs are listed in the table below. The ETF with the largest weighting of Tencent Music is the KraneShares CSI China Internet UCITS ETF USD.

Performance

Returns overview

YTD +10.11%
1 month -8.90%
3 months +2.53%
6 months +14.21%
1 year +1.00%
3 years +197.07%
5 years +11.93%
Since inception (MAX) -8.98%
2024 +34.31%
2023 +2.39%
2022 +50.34%
2021 -68.21%

Monthly returns in a heat map

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year 53.58%
Volatility 3 years 55.46%
Volatility 5 years 59.42%
Return per risk 1 year 0.02
Return per risk 3 years 0.79
Return per risk 5 years 0.04
Maximum drawdown 1 year -41.16%
Maximum drawdown 3 years -41.16%
Maximum drawdown 5 years -89.62%
Maximum drawdown since inception -89.62%

Rolling 1 year volatility

— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.