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

Correlation

The correlation between TME and TCEHY is 0.39, 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

TME vs. TCEHY - Performance Comparison

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

Loading data...

Key characteristics

Sharpe Ratio

TME:

0.26

TCEHY:

0.95

Sortino Ratio

TME:

0.74

TCEHY:

1.33

Omega Ratio

TME:

1.09

TCEHY:

1.17

Calmar Ratio

TME:

0.16

TCEHY:

0.31

Martin Ratio

TME:

0.56

TCEHY:

2.74

Ulcer Index

TME:

19.94%

TCEHY:

11.14%

Daily Std Dev

TME:

56.26%

TCEHY:

37.77%

Max Drawdown

TME:

-90.19%

TCEHY:

-100.00%

Current Drawdown

TME:

-46.07%

TCEHY:

-99.99%

Fundamentals

Market Cap

TME:

$25.93B

TCEHY:

$604.61B

EPS

TME:

$0.85

TCEHY:

$2.84

PE Ratio

TME:

20.01

TCEHY:

23.38

PEG Ratio

TME:

1.43

TCEHY:

1.66

PS Ratio

TME:

0.89

TCEHY:

0.89

PB Ratio

TME:

2.58

TCEHY:

4.19

Total Revenue (TTM)

TME:

$28.99B

TCEHY:

$500.76B

Gross Profit (TTM)

TME:

$12.50B

TCEHY:

$265.43B

EBITDA (TTM)

TME:

$11.41B

TCEHY:

$171.80B

Returns By Period

In the year-to-date period, TME achieves a 49.69% return, which is significantly higher than TCEHY's 25.41% return.


TME

YTD

49.69%

1M

41.94%

6M

48.51%

1Y

14.38%

3Y*

61.50%

5Y*

7.49%

10Y*

N/A

TCEHY

YTD

25.41%

1M

14.94%

6M

27.25%

1Y

35.61%

3Y*

17.26%

5Y*

7.01%

10Y*

13.73%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Tencent Music Entertainment Group

Tencent Holdings Limited

Risk-Adjusted Performance

TME vs. TCEHY — Risk-Adjusted Performance Rank

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

TME
The Risk-Adjusted Performance Rank of TME is 5959
Overall Rank
The Sharpe Ratio Rank of TME is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of TME is 5858
Sortino Ratio Rank
The Omega Ratio Rank of TME is 5656
Omega Ratio Rank
The Calmar Ratio Rank of TME is 6060
Calmar Ratio Rank
The Martin Ratio Rank of TME is 5959
Martin Ratio Rank

TCEHY
The Risk-Adjusted Performance Rank of TCEHY is 7474
Overall Rank
The Sharpe Ratio Rank of TCEHY is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of TCEHY is 7474
Sortino Ratio Rank
The Omega Ratio Rank of TCEHY is 7272
Omega Ratio Rank
The Calmar Ratio Rank of TCEHY is 6565
Calmar Ratio Rank
The Martin Ratio Rank of TCEHY is 7878
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.

TME vs. TCEHY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tencent Music Entertainment Group (TME) and Tencent Holdings Limited (TCEHY). 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 TME Sharpe Ratio is 0.26, which is lower than the TCEHY Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of TME and TCEHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Dividends

TME vs. TCEHY - Dividend Comparison

TME's dividend yield for the trailing twelve months is around 1.87%, more than TCEHY's 0.88% yield.


TTM20242023202220212020201920182017201620152014
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%
TCEHY
Tencent Holdings Limited
0.88%0.82%6.80%4.27%0.35%0.22%0.27%0.29%0.15%0.25%0.24%0.04%

Drawdowns

TME vs. TCEHY - Drawdown Comparison

The maximum TME drawdown since its inception was -90.19%, smaller than the maximum TCEHY drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for TME and TCEHY. For additional features, visit the drawdowns tool.


Loading data...

Volatility

TME vs. TCEHY - Volatility Comparison

Tencent Music Entertainment Group (TME) has a higher volatility of 17.03% compared to Tencent Holdings Limited (TCEHY) at 9.98%. This indicates that TME's price experiences larger fluctuations and is considered to be riskier than TCEHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading data...

Financials

TME vs. TCEHY - Financials Comparison

This section allows you to compare key financial metrics between Tencent Music Entertainment Group and Tencent Holdings Limited. 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
7.36B
172.45B
(TME) Total Revenue
(TCEHY) Total Revenue
Values in USD except per share items

TME vs. TCEHY - Profitability Comparison

The chart below illustrates the profitability comparison between Tencent Music Entertainment Group and Tencent Holdings Limited 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
44.1%
52.6%
(TME) Gross Margin
(TCEHY) Gross Margin
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 3.24B and revenue of 7.36B. Therefore, the gross margin over that period was 44.1%.

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 - 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 4.84B and revenue of 7.36B, resulting in an operating margin of 65.7%.

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 - 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 4.29B and revenue of 7.36B, resulting in a net margin of 58.3%.

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%.