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TCEHY vs. TME
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between TCEHY and TME is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

TCEHY vs. TME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tencent Holdings Limited (TCEHY) and Tencent Music Entertainment Group (TME). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TCEHY:

1.14

TME:

0.30

Sortino Ratio

TCEHY:

1.81

TME:

1.17

Omega Ratio

TCEHY:

1.25

TME:

1.14

Calmar Ratio

TCEHY:

0.89

TME:

0.41

Martin Ratio

TCEHY:

4.16

TME:

1.41

Ulcer Index

TCEHY:

10.63%

TME:

20.27%

Daily Std Dev

TCEHY:

35.37%

TME:

56.30%

Max Drawdown

TCEHY:

-73.21%

TME:

-90.19%

Current Drawdown

TCEHY:

-23.89%

TME:

-46.07%

Fundamentals

Market Cap

TCEHY:

$597.46B

TME:

$23.15B

EPS

TCEHY:

$2.83

TME:

$0.59

PE Ratio

TCEHY:

23.18

TME:

24.90

PEG Ratio

TCEHY:

1.68

TME:

1.30

PS Ratio

TCEHY:

0.90

TME:

0.82

PB Ratio

TCEHY:

4.44

TME:

2.36

Total Revenue (TTM)

TCEHY:

$500.76B

TME:

$29.09B

Gross Profit (TTM)

TCEHY:

$265.43B

TME:

$12.51B

EBITDA (TTM)

TCEHY:

$171.80B

TME:

$8.83B

Returns By Period

In the year-to-date period, TCEHY achieves a 26.45% return, which is significantly lower than TME's 49.69% return.


TCEHY

YTD

26.45%

1M

15.96%

6M

30.79%

1Y

40.09%

5Y*

6.76%

10Y*

13.85%

TME

YTD

49.69%

1M

34.52%

6M

59.23%

1Y

16.95%

5Y*

7.50%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

TCEHY vs. TME — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TCEHY
The Risk-Adjusted Performance Rank of TCEHY is 8484
Overall Rank
The Sharpe Ratio Rank of TCEHY is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of TCEHY is 8383
Sortino Ratio Rank
The Omega Ratio Rank of TCEHY is 8383
Omega Ratio Rank
The Calmar Ratio Rank of TCEHY is 8282
Calmar Ratio Rank
The Martin Ratio Rank of TCEHY is 8484
Martin Ratio Rank

TME
The Risk-Adjusted Performance Rank of TME is 6868
Overall Rank
The Sharpe Ratio Rank of TME is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of TME is 7070
Sortino Ratio Rank
The Omega Ratio Rank of TME is 6767
Omega Ratio Rank
The Calmar Ratio Rank of TME is 6969
Calmar Ratio Rank
The Martin Ratio Rank of TME is 6868
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TCEHY vs. TME - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tencent Holdings Limited (TCEHY) and Tencent Music Entertainment Group (TME). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current TCEHY Sharpe Ratio is 1.14, which is higher than the TME Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of TCEHY and TME, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

TCEHY vs. TME - Dividend Comparison

TCEHY's dividend yield for the trailing twelve months is around 0.64%, less than TME's 1.87% yield.


TTM20242023202220212020201920182017201620152014
TCEHY
Tencent Holdings Limited
0.64%0.81%6.84%4.22%0.35%0.21%0.26%0.29%0.15%0.25%0.23%0.04%
TME
Tencent Music Entertainment Group
1.87%1.21%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

TCEHY vs. TME - Drawdown Comparison

The maximum TCEHY drawdown since its inception was -73.21%, smaller than the maximum TME drawdown of -90.19%. Use the drawdown chart below to compare losses from any high point for TCEHY and TME. For additional features, visit the drawdowns tool.


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Volatility

TCEHY vs. TME - Volatility Comparison

The current volatility for Tencent Holdings Limited (TCEHY) is 9.82%, while Tencent Music Entertainment Group (TME) has a volatility of 17.74%. This indicates that TCEHY experiences smaller price fluctuations and is considered to be less risky than TME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

TCEHY vs. TME - Financials Comparison

This section allows you to compare key financial metrics between Tencent Holdings Limited and Tencent Music Entertainment Group. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0050.00B100.00B150.00B20212022202320242025
172.45B
7.46B
(TCEHY) Total Revenue
(TME) Total Revenue
Values in USD except per share items

TCEHY vs. TME - Profitability Comparison

The chart below illustrates the profitability comparison between Tencent Holdings Limited and Tencent Music Entertainment Group over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

30.0%35.0%40.0%45.0%50.0%20212022202320242025
52.6%
43.6%
(TCEHY) Gross Margin
(TME) Gross Margin
TCEHY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Tencent Holdings Limited reported a gross profit of 90.71B and revenue of 172.45B. Therefore, the gross margin over that period was 52.6%.

TME - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Tencent Music Entertainment Group reported a gross profit of 3.25B and revenue of 7.46B. Therefore, the gross margin over that period was 43.6%.

TCEHY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Tencent Holdings Limited reported an operating income of 51.48B and revenue of 172.45B, resulting in an operating margin of 29.9%.

TME - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Tencent Music Entertainment Group reported an operating income of 2.41B and revenue of 7.46B, resulting in an operating margin of 32.3%.

TCEHY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Tencent Holdings Limited reported a net income of 51.32B and revenue of 172.45B, resulting in a net margin of 29.8%.

TME - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Tencent Music Entertainment Group reported a net income of 1.96B and revenue of 7.46B, resulting in a net margin of 26.2%.