Enovix Corporation vs Tencent Music Entertainment Group - ADR — how do they compare? Enovix Corporation trades at $4.89 (market cap $1.06B), while Tencent Music Entertainment Group - ADR trades at $8.63 (market cap $16.09B). The key difference: Tencent Music Entertainment Group - ADR is far larger — about 15.2× Enovix Corporation's market cap, and Tencent Music Entertainment Group - ADR pays a 2.75% dividend while Enovix Corporation pays none. Which is the better fit depends on your goals.
| ENVX | TME | |
|---|---|---|
Market Cap | $1.06B | $16.09B |
Sector | Technology | Media |
52-Week High | $13.19 | $26.36 |
52-Week Low | $3.68 | $8.16 |
Enterprise Value | $1.07B | $14.05B |
Dividend Yield | — | 2.75% |
Trailing returns across standard periods
Latest headlines on both assets
Enovix designs and manufactures advanced silicon-anode lithium-ion batteries. Its technology aims to provide high energy density and improved performance for mobile devices and consumer electronics.
Read more on ENVX →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 →