Incyte Corporation vs Tencent Music Entertainment Group - ADR — how do they compare? Incyte Corporation trades at $115.7 (market cap $23.11B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: Incyte Corporation is the larger of the two by market cap, and Tencent Music Entertainment Group - ADR pays a 2.62% dividend while Incyte Corporation pays none. Which is the better fit depends on your goals.
| INCY | TME | |
|---|---|---|
Market Cap | $23.11B | $15.08B |
Sector | Health | Media |
52-Week High | $118.52 | $26.36 |
52-Week Low | $67.38 | $8.16 |
Enterprise Value | $19.13B | $11.85B |
Dividend Yield | — | 2.62% |
Trailing returns across standard periods
Latest headlines on both assets
Incyte focuses on the discovery and development of small-molecule drugs. The firm's lead drug, Jakafi, treats two types of rare blood cancer and graft versus host disease and is partnered with Novartis. Incyte's other marketed drugs include rheumatoid arthritis treatment Olumiant (licensed to Lilly), and oncology drugs Iclusig (chronic myeloid leukemia), Pemazyre (cholangiocarcinoma), Tabrecta (lung cancer), and Monjuvi (diffuse large B-cell lymphoma). The firm's first dermatology product, Opzelura, was approved in 2021 for atopic dermatitis. Incyte's pipeline includes a broad array of oncology and dermatology programs.
Read more on INCY →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 →