Tencent Music Entertainment (TME) Asset Utilization Ratio (2019 - 2022)

Tencent Music Entertainment has disclosed Asset Utilization Ratio across 3 years of filings, most recently posting 0.45 for Q2 2022.

• In Q2 2022, Asset Utilization Ratio rose 6.57% year-over-year to 0.45; the TTM figure through Jun 2022 stood at 0.45 (up 6.57% YoY), while the FY2025 annual figure was 0.34, changed 0.11% from the prior year.
• Asset Utilization Ratio came in at 0.45 for Q2 2022 at Tencent Music Entertainment, up from 0.43 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.51 in Q4 2019 to a low of 0.39 in Q1 2021.
• Average Asset Utilization Ratio over 3 years is 0.45, with a median of 0.45 recorded in 2022.
• The largest YoY upside for Asset Utilization Ratio was 11.64% in 2022 against a maximum downside of 6.57% in 2022.
• Over 3 years, Asset Utilization Ratio stood at 0.51 in 2019, then decreased by 17.1% to 0.42 in 2021, then advanced by 6.57% to 0.45 in 2022.
• Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.45 in Q2 2022, 0.43 in Q1 2022, and 0.42 in Q2 2021.