Tencent Music Entertainment (TME) Asset Utilization Ratio (2018 - 2022)

Tencent Music Entertainment has disclosed Asset Utilization Ratio across 4 years of filings, most recently posting 0.42 for Q2 2022.

• Asset Utilization Ratio for Q2 2022 came in at 0.42, up 7.46% year-over-year; the trailing twelve-month figure through Jun 2022 was 0.42 (up 7.46% YoY), and the FY2025 annual result was 0.34, changed 0.11% from the prior year.
• Asset Utilization Ratio came in at 0.42 for Q2 2022 at Tencent Music Entertainment, up from 0.39 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.87 in Q4 2018 to a low of 0.39 in Q2 2021.
• The 4-year median for Asset Utilization Ratio is 0.46 (2019), against an average of 0.51.
• Across the five-year window, Asset Utilization Ratio slumped 41.91% in 2019 and increased 7.46% in 2022, its largest moves.
• Tencent Music Entertainment's Asset Utilization Ratio stood at 0.87 in 2018, then plunged by 41.91% to 0.51 in 2019, then declined by 23.67% to 0.39 in 2021, then advanced by 7.46% to 0.42 in 2022.
• The last three Asset Utilization Ratio figures came in at 0.42 (Q2 2022), 0.39 (Q2 2021), and 0.51 (Q4 2019), per Business Quant data.