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Ratios

Tencent Music Entertainment Group (TCMEF) Equity Ratio (2016 - 2024)

Tencent Music Entertainment's Equity Ratio history spans 9 years, with the latest figure at 0.75 for Q4 2024.

  • For Q4 2024, Equity Ratio fell 0.92% year-over-year to 0.75; the TTM value through Dec 2024 reached 0.75, down 0.92%, while the annual FY2024 figure was 0.75, 0.92% down from the prior year.
  • Equity Ratio for Q4 2024 was 0.75 at Tencent Music Entertainment, down from 0.76 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.77 in Q4 2020 and bottomed at 0.73 in Q4 2022.
  • The 5-year median for Equity Ratio is 0.76 (2023), against an average of 0.75.
  • The largest annual shift saw Equity Ratio fell 6.85% in 2020 before it increased 3.29% in 2023.
  • A 5-year view of Equity Ratio shows it stood at 0.77 in 2020, then fell by 1.71% to 0.76 in 2021, then decreased by 3.42% to 0.73 in 2022, then rose by 3.29% to 0.76 in 2023, then dropped by 0.92% to 0.75 in 2024.
  • Per Business Quant, the three most recent readings for TCMEF's Equity Ratio are 0.75 (Q4 2024), 0.76 (Q4 2023), and 0.73 (Q4 2022).