Tencent Music Entertainment Group ADR
TME: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| H&^ | LOCK|>#^J | LOCK|SG%bnXv |
Tencent Music Earnings: Shares Undervalued, With Long-Term Growth Potential
Tencent Music reported accelerating revenue growth of 9% year over year in the first quarter of 2025, alongside a robust adjusted net profit growth of 25%. Management reaffirmed its guidance for continued revenue acceleration and expanding operating margins for the full year.
