Growth Metrics

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

Tencent Music Entertainment's Asset Utilization Ratio history spans 4 years, with the latest figure at 0.42 for Q2 2022.

  • On a quarterly basis, Asset Utilization Ratio rose 7.45% to 0.42 in Q2 2022 year-over-year; TTM through Jun 2022 was 0.42, a 7.45% increase, with the full-year FY2025 number at 0.34, changed 0.4% from a year prior.
  • Asset Utilization Ratio hit 0.42 in Q2 2022 for Tencent Music Entertainment, up from 0.39 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for TME hit a ceiling of 0.87 in Q4 2018 and a floor of 0.39 in Q2 2021.
  • Historically, Asset Utilization Ratio has averaged 0.51 across 4 years, with a median of 0.46 in 2019.
  • Biggest five-year swings in Asset Utilization Ratio: plummeted 42.16% in 2019 and later grew 7.45% in 2022.
  • Tracing TME's Asset Utilization Ratio over 4 years: stood at 0.87 in 2018, then crashed by 42.16% to 0.5 in 2019, then dropped by 23.25% to 0.39 in 2021, then rose by 7.45% to 0.42 in 2022.
  • Business Quant data shows Asset Utilization Ratio for TME at 0.42 in Q2 2022, 0.39 in Q2 2021, and 0.5 in Q4 2019.