Tencent Music Entertainment Group (TCMEF) Asset Utilization Ratio (2019 - 2022)

Tencent Music Entertainment (TCMEF) has 3 years of Asset Utilization Ratio data on file, last reported at 0.45 in Q2 2022.

• Quarterly Asset Utilization Ratio rose 6.57% year-over-year to 0.45 in Q2 2022, while the trailing twelve-month figure through Jun 2022 was 0.45 (up 6.57% YoY) and the FY2025 annual result came in at 0.34, changed 0.11% from the prior year.
• Asset Utilization Ratio improved to 0.45 in Q2 2022 per TCMEF's latest filing, from 0.43 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 0.51 in Q4 2019, with the low at 0.39 in Q1 2021.
• Average Asset Utilization Ratio over 3 years is 0.45, with a median of 0.45 recorded in 2022.
• The widest YoY moves for Asset Utilization Ratio: up 11.64% in 2022, down 6.57% in 2022.
• Tencent Music Entertainment's Asset Utilization Ratio stood at 0.51 in 2019, then declined by 17.1% to 0.42 in 2021, then increased by 6.57% to 0.45 in 2022.
• Business Quant data shows TCMEF's Asset Utilization Ratio at 0.45 in Q2 2022, 0.43 in Q1 2022, and 0.42 in Q2 2021.