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Tencent Music Entertainment (TME) Asset Utilization Ratio (2019)

Tencent Music Entertainment (TME) has disclosed Asset Utilization Ratio for 1 consecutive years, with 0.13 as the latest value for Q4 2019.

  • Quarterly Asset Utilization Ratio changed N/A to 0.13 in Q4 2019 from the year-ago period, while the trailing twelve-month figure was 0.13 through Dec 2019, changed N/A year-over-year, with the annual reading at 0.34 for FY2024, 11.51% down from the prior year.
  • Asset Utilization Ratio for Q4 2019 was 0.13 at Tencent Music Entertainment.
  • The five-year high for Asset Utilization Ratio was 0.13 in Q4 2019, with the low at 0.13 in Q4 2019.