Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. Co. is mainly engaged in the provision of online music services, social entertainment services and other services. Co. operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Co. provides online music and social entertainment services to address the music entertainment needs of audience in China. Co. also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio. The TME average annual return since 2018 is shown above.
The Average Annual Return on the TME average annual return since 2018 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether TME average annual return since 2018 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the TME average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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