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OFFON

TENCENT MUSIC ENTERTAINMENT GROUP

(TME)
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INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims on Behalf of Investors in Tencent Music Entertainment Group and Encourages Shareholders with Losses to Contact the Firm

10/18/2021 | 03:05pm EST

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Tencent Music Entertainment Group (“Tencent Music” or “the Company”) (NYSE: TME) for violations of the securities laws.

Investors who purchased the Company's securities between March 22, 2021 and March 29, 2021 are encouraged to contact the firm, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.


ę Business Wire 2021
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Analyst Recommendations on TENCENT MUSIC ENTERTAINMENT GROUP
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Financials
Sales 2021 31 564 M 4 951 M 4 951 M
Net income 2021 3 112 M 488 M 488 M
Net cash 2021 16 220 M 2 544 M 2 544 M
P/E ratio 2021 23,8x
Yield 2021 -
Capitalization 74 152 M 11 628 M 11 630 M
EV / Sales 2021 1,84x
EV / Sales 2022 1,64x
Nbr of Employees 4 769
Free-Float 29,9%
Chart TENCENT MUSIC ENTERTAINMENT GROUP
Duration : Period :
Tencent Music Entertainment Group Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TENCENT MUSIC ENTERTAINMENT GROUP
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 43,81 CNY
Average target price 65,25 CNY
Spread / Average Target 48,9%
EPS Revisions
Managers and Directors
Liang Zhu Chief Executive Officer & Director
Zhen Yu Xie President, Director & Chief Technology Officer
Min Hu Chief Financial Officer
Kar Shun Pang Chairman
Liang Tang Independent Director
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