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

Tencent Music Entertainment has reported Asset Utilization Ratio for 3 years, with the latest figure at 0.45 in Q2 2022.

• Quarterly Asset Utilization Ratio rose 6.57% year-over-year to 0.45 in Q2 2022, while the trailing twelve-month figure through Jun 2022 was 0.45 (up 6.57% YoY) and the FY2025 annual result came in at 0.34, changed 0.11% from the prior year.
• Asset Utilization Ratio improved to 0.45 in Q2 2022 per TME's latest filing, from 0.43 in the prior quarter.
• Over five years, Asset Utilization Ratio peaked at 0.51 in Q4 2019 and troughed at 0.39 in Q1 2021.
• A 3-year average of 0.45 and a median of 0.45 in 2022 frame the typical range for Asset Utilization Ratio.
• The widest YoY moves for Asset Utilization Ratio: up 11.64% in 2022, down 6.57% in 2022.
• Over 3 years, Asset Utilization Ratio stood at 0.51 in 2019, then dropped by 17.1% to 0.42 in 2021, then grew by 6.57% to 0.45 in 2022.
• According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.45, 0.43, and 0.42 for Q2 2022, Q1 2022, and Q2 2021 respectively.