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TME (Tencent Music Entertainment Group) Beginning Cash Position : $1,408 Mil (As of Jun. 2024)


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What is Tencent Music Entertainment Group Beginning Cash Position?

Tencent Music Entertainment Group's Beginning Cash Position for the quarter that ended in Jun. 2024 was $1,408 Mil.

Tencent Music Entertainment Group's quarterly Beginning Cash Position increased from Dec. 2023 ($1,734 Mil) to Mar. 2024 ($1,884 Mil) but then declined from Mar. 2024 ($1,884 Mil) to Jun. 2024 ($1,408 Mil).

Tencent Music Entertainment Group's annual Beginning Cash Position declined from Dec. 2021 ($1,747 Mil) to Dec. 2022 ($945 Mil) but then increased from Dec. 2022 ($945 Mil) to Dec. 2023 ($1,338 Mil).

Tencent Music Entertainment Group Beginning Cash Position Historical Data

The historical data trend for Tencent Music Entertainment Group's Beginning Cash Position 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 Beginning Cash Position Chart

Tencent Music Entertainment Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beginning Cash Position
Get a 7-Day Free Trial 2,474.59 2,358.97 1,747.13 945.39 1,338.20

Tencent Music Entertainment Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Beginning Cash Position 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 1,693.66 1,774.48 1,733.99 1,883.91 1,408.47

Tencent Music Entertainment Group Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Tencent Music Entertainment Group Beginning Cash Position Related Terms

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Tencent Music Entertainment Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tencent Music Entertainment Group (NYSE:TME) » Definitions » Beginning Cash Position
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Traded in Other Exchanges
TME:Mexico 01698:Hong Kong 63T:Germany
Address
Kexing Science Park, Kejizhongsan Avenue, Unit 3, Building D, Hi-Tech Park, Nanshan District, Shenzhen, CHN, 518057
Website
https://www.tencentmusic.com
Tencent Music 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.