Tencent Music Entertainment Group (TCMEF) Retained Earnings (2017 - 2024)
Tencent Music Entertainment's Retained Earnings history spans 8 years, with the latest figure at $2.8 billion for Q4 2024.
- For Q4 2024, Retained Earnings rose 105.96% year-over-year to $2.8 billion; the TTM value through Dec 2024 reached $2.8 billion, up 105.96%, while the annual FY2024 figure was $2.8 billion, 105.96% up from the prior year.
- Retained Earnings for Q4 2024 was $2.8 billion at Tencent Music Entertainment, up from $1.3 billion in the prior quarter.
- Across five years, Retained Earnings topped out at $2.8 billion in Q4 2024 and bottomed at $582.8 million in Q4 2021.
- The 5-year median for Retained Earnings is $950.6 million (2020), against an average of $1.3 billion.
- The largest annual shift saw Retained Earnings crashed 38.7% in 2021 before it skyrocketed 105.96% in 2024.
- A 5-year view of Retained Earnings shows it stood at $950.6 million in 2020, then plummeted by 38.7% to $582.8 million in 2021, then surged by 48.14% to $863.3 million in 2022, then soared by 55.38% to $1.3 billion in 2023, then soared by 105.96% to $2.8 billion in 2024.
- Per Business Quant, the three most recent readings for TCMEF's Retained Earnings are $2.8 billion (Q4 2024), $1.3 billion (Q4 2023), and $863.3 million (Q4 2022).