Is Tencent Music stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Tencent Music pays dividends. Last time was Thursday 27th of June 2024 where the investors holding the stock on Friday 31st of May 2024 were paid CNY0.137 per share. Over the last 1 times between 2024 and 2024, Tencent Music has paid CNY0.137 with an average of CNY0.14 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Tencent Music 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was CNY12.96, you would have made a loss of CNY-2.78 per share or -21.45%
Yes, the average daily trading liquidity for Tencent Music is CNY8.46 million. You should therefore be able to get in and out of your positions relatively fast.
Tencent Music has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 1.36, the company's ability to pay off the debt is good. Tencent Music has a good net profit margin of 18.88% and should have high tolerances against inflation.
We have calculated the inflation risk for Tencent Music to be low [0.1 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.