Tencent Music Entertainment Group - ADR vs Xpeng Inc - ADR — how do they compare? Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B), while Xpeng Inc - ADR trades at $13.35 (market cap $12.96B). The key difference: Tencent Music Entertainment Group - ADR is the larger of the two by market cap, and Tencent Music Entertainment Group - ADR pays a 2.62% dividend while Xpeng Inc - ADR pays none. Which is the better fit depends on your goals.
| TME | XPEV | |
|---|---|---|
Market Cap | $15.08B | $12.96B |
Sector | Media | Consumer Cyclical |
52-Week High | $26.36 | $28.07 |
52-Week Low | $8.16 | $12.09 |
Enterprise Value | $11.85B | $15.07B |
Dividend Yield | 2.62% | — |
Trailing returns across standard periods
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 →Founded in 2015, XPeng is a leading Chinese smart electric vehicle, or EV, company that designs, develops, manufactures and markets EVs in China. Its products primarily target the growing base of technology-savvy middle-class consumers in the midrange to high-end segment in China's passenger vehicle market. The company sold over 98,000 EVs in 2021, accounting for about 3% of China's passenger new energy vehicle market. It is also a leader in autonomous driving technology.
Read more on XPEV →