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Tencent Music Entertainment Group (Tencent Music Entertainment Group) Other Stockholders Equity : $-42 Mil (As of Dec. 2023)


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What is Tencent Music Entertainment Group Other Stockholders Equity?

Tencent Music Entertainment Group's Other Stockholders Equity for the quarter that ended in Dec. 2023 was $-42 Mil.

Tencent Music Entertainment Group's quarterly Other Stockholders Equity declined from Jun. 2023 ($-34 Mil) to Sep. 2023 ($-41 Mil) and declined from Sep. 2023 ($-41 Mil) to Dec. 2023 ($-42 Mil).

Tencent Music Entertainment Group's annual Other Stockholders Equity declined from Dec. 2021 ($-29 Mil) to Dec. 2022 ($-29 Mil) and declined from Dec. 2022 ($-29 Mil) to Dec. 2023 ($-42 Mil).


Tencent Music Entertainment Group Other Stockholders Equity Historical Data

The historical data trend for Tencent Music Entertainment Group's Other Stockholders Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tencent Music Entertainment Group Other Stockholders Equity Chart

Tencent Music Entertainment Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Stockholders Equity
Get a 7-Day Free Trial -4.42 -11.93 -28.73 -28.97 -42.30

Tencent Music Entertainment Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Stockholders Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.97 -32.94 -34.49 -40.70 -42.30

Tencent Music Entertainment Group Other Stockholders Equity Calculation

Other Stockholders Equity is instruments issued by the company that cannot be identified by other specific items in the Equity section. GuruFocus lists following items in "Total Stockholders Equity" section:
Common Stock
Preferred Stock
Retained Earnings
Accumulated other comprehensive income (loss)
Additional Paid-In Capital
Treasury Stock
Other Stockholders Equity


Tencent Music Entertainment Group Other Stockholders Equity Related Terms

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Tencent Music Entertainment Group (Tencent Music Entertainment Group) Business Description

Traded in Other Exchanges
Address
Kexing Science Park, Kejizhongsan Avenue, Unit 3, Building D, Hi-Tech Park, Nanshan District, Shenzhen, CHN, 518057
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.