Centene Corp vs Tencent Music Entertainment Group - ADR — how do they compare? Centene Corp trades at $65.13 (market cap $32.05B), while Tencent Music Entertainment Group - ADR trades at $8.63 (market cap $16.09B). The key difference: Centene Corp is the larger of the two by market cap, and Tencent Music Entertainment Group - ADR pays a 2.75% dividend while Centene Corp pays none. Which is the better fit depends on your goals.
| CNC | TME | |
|---|---|---|
Market Cap | $32.05B | $16.09B |
Sector | Health | Media |
52-Week High | $68.72 | $26.36 |
52-Week Low | $26.17 | $8.16 |
Enterprise Value | $21.10B | $14.05B |
Dividend Yield | — | 2.75% |
Trailing returns across standard periods
Latest headlines on both assets
Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 22 million medical members as of September 2021, mostly in Medicaid (68% of membership), the individual exchanges (10%), Medicare Advantage (6%), and the balance in Tricare (West region), correctional facility, and international plans. The company also serves 4 million users through the Medicare Part D pharmaceutical program.
Read more on CNC →TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.
Read more on TME →