Tencent Music Entertainment (TME) Common Equity (2016 - 2024)
Tencent Music Entertainment (TME) has disclosed Common Equity for 9 consecutive years, with $9.7 billion as the latest value for Q4 2024.
- Quarterly Common Equity rose 22.18% to $9.7 billion in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $9.7 billion through Dec 2024, up 22.18% year-over-year, with the annual reading at $9.7 billion for FY2024, 22.18% up from the prior year.
- Common Equity for Q4 2024 was $9.7 billion at Tencent Music Entertainment, up from $7.9 billion in the prior quarter.
- The five-year high for Common Equity was $9.7 billion in Q4 2024, with the low at $6.9 billion in Q4 2022.
- Average Common Equity over 5 years is $8.1 billion, with a median of $8.0 billion recorded in 2020.
- The sharpest move saw Common Equity increased 28.4% in 2020, then decreased 13.5% in 2022.
- Over 5 years, Common Equity stood at $8.0 billion in 2020, then grew by 0.36% to $8.0 billion in 2021, then decreased by 13.5% to $6.9 billion in 2022, then grew by 15.02% to $7.9 billion in 2023, then rose by 22.18% to $9.7 billion in 2024.
- According to Business Quant data, Common Equity over the past three periods came in at $9.7 billion, $7.9 billion, and $6.9 billion for Q4 2024, Q4 2023, and Q4 2022 respectively.