Tencent Music Entertainment Group (TCMEF) Short-term Investments (2018 - 2024)
Tencent Music Entertainment's Short-term Investments history spans 7 years, with the latest figure at $1.9 billion for Q4 2024.
- For Q4 2024, Short-term Investments rose 41.21% year-over-year to $1.9 billion; the TTM value through Dec 2024 reached $1.9 billion, up 41.21%, while the annual FY2024 figure was $1.9 billion, 41.21% up from the prior year.
- Short-term Investments for Q4 2024 was $1.9 billion at Tencent Music Entertainment, up from $1.4 billion in the prior quarter.
- Across five years, Short-term Investments topped out at $2.2 billion in Q4 2020 and bottomed at $1.4 billion in Q4 2023.
- The 5-year median for Short-term Investments is $1.9 billion (2024), against an average of $1.8 billion.
- The largest annual shift saw Short-term Investments soared 125.74% in 2020 before it decreased 20.51% in 2022.
- A 5-year view of Short-term Investments shows it stood at $2.2 billion in 2020, then dropped by 10.92% to $2.0 billion in 2021, then dropped by 20.51% to $1.6 billion in 2022, then fell by 13.07% to $1.4 billion in 2023, then soared by 41.21% to $1.9 billion in 2024.
- Per Business Quant, the three most recent readings for TCMEF's Short-term Investments are $1.9 billion (Q4 2024), $1.4 billion (Q4 2023), and $1.6 billion (Q4 2022).