Tencent Music Entertainment (TME) Gains from Equity Investments (2022 - 2023)
Tencent Music Entertainment (TME) posted Gains from Equity Investments of $6.3 billion for Q4 2023, up 11.36% sequentially from $5.7 billion in Q4 2022, and up 11.36% YoY from $5.7 billion in Q4 2022.
Analysis
Tencent Music Entertainment (TME) Gains from Equity Investments (2022 - 2023) Analysis & Trends
Tencent Music Entertainment has reported Gains from Equity Investments for 2 years, with the latest figure at $6.3 billion in Q4 2023.
- Quarterly Gains from Equity Investments rose 11.36% year-over-year to $6.3 billion in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $6.3 billion (up 11.36% YoY) and the FY2023 annual result came in at $6.4 billion, up 12.93% from the prior year.
- Gains from Equity Investments rose to $6.3 billion in Q4 2023 per TME's latest filing, from $5.7 billion in the prior quarter.
- Over five years, Gains from Equity Investments peaked at $6.3 billion in Q4 2023 and troughed at $5.7 billion in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 6.33 Bn |
| Dec 31, 2023 | 6.33 Bn |
| Dec 31, 2022 | 5.69 Bn |
| Dec 31, 2022 | 5.69 Bn |