Communication Services [ 8/12 ] | Entertainment [ 30/74 ]
NYSE | Common Stock
Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China.
It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends.
The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with a diverse audience base; and Lazy Audio, an audio platform.
In addition, it sells music-related merchandise; and artist-related merchandise, such as branded apparel, posters and art prints, and accessories and integrated and technology-driven music solutions that help IoT device manufacturers build and operate their branded music services on their IoT devices, as well as offers advertising services across its online karaoke platform and online music apps.
The company is headquartered in Shenzhen, China.
Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
| Reported date | EPSChange YoY | EstimateSurprise |
|---|---|---|
| Aug 13, 24 | 1.19 Increased by +22.68% | 1.17 Increased by +1.71% |
| May 13, 24 | 1.10 Increased by +23.60% | 1.02 Increased by +7.84% |
| Mar 19, 24 | 1.00 Increased by +9.89% | 0.98 Increased by +2.04% |
| Nov 14, 23 | 0.89 Increased by +3.49% | 0.88 Increased by +1.14% |
| Aug 15, 23 | 0.97 Increased by +53.97% | 0.98 Decreased by -1.02% |
| May 16, 23 | 0.89 Increased by +64.81% | 0.79 Increased by +12.66% |
| Mar 21, 23 | 0.91 Increased by +82.00% | 0.89 Increased by +2.25% |
| Nov 15, 22 | 0.86 Increased by +40.98% | 0.71 Increased by +21.13% |
| Fiscal ending date | RevenueChange YoY | IncomeChange YoY | ProfitChange YoY |
|---|---|---|---|
| Jun 30, 24 | 7.16 B Increased by +9.00% | 1.68 B Increased by +44.01% | Increased by +23.49% Increased by +32.12% |
| Mar 31, 24 | 6.89 B Decreased by -7.16% | 1.31 B Increased by +13.47% | Increased by +18.95% Increased by +22.22% |
| Dec 31, 23 | 6.77 B Decreased by -3.37% | 1.42 B Increased by +23.87% | Increased by +21.01% Increased by +28.19% |
| Sep 30, 23 | 6.89 B Decreased by -6.41% | 1.31 B Increased by +23.09% | Increased by +18.95% Increased by +31.52% |
| Jun 30, 23 | 6.57 B Decreased by -4.87% | 1.17 B Increased by +36.45% | Increased by +17.78% Increased by +43.43% |
| Mar 31, 23 | 7.42 B Decreased by -2.39% | 1.15 B Increased by +114.74% | Increased by +15.50% Increased by +120.00% |
| Dec 31, 22 | 7.00 B Increased by +5.42% | 1.15 B Increased by +88.51% | Increased by +16.39% Increased by +78.82% |
| Sep 30, 22 | 7.37 B Decreased by -5.64% | 1.06 B Increased by +43.38% | Increased by +14.41% Increased by +51.94% |