Tencent Music Entertainment Group
boothcheck covers Tencent Music Entertainment Group (TME) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 24, 2026.
• Close to half the market value is sitting in liquid assets: cash, cash equivalents, term deposits and short-term investments came to RMB 41.00 billion, about US$5.94 billion, at the end of March 2026 [Source: Tencent Music first quarter 2026 results]. • The clearest risk is that the operating engine can no longer be checked from outside, because the company has stopped publishing monthly active users, paying users and revenue per paying user, and the last disclosed user count was down 5% to 5
Is TME overvalued? See what's priced in →
302 institutional managers reported holding TME in 13F filings for the quarter ended 2026-03-31. Together they hold about 25% of the company; the top 10 hold 15%. 41 opened new positions that quarter. Held by BlackRock, Invesco, Vanguard Group, among others. On the short side, 33.0M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (2.6 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
TME has cut its share count 7.1% over the past five years. It pays a dividend. Cash returned over the past three years: $208.00M in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 24, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.