Tencent Music Entertainment (TME) Equity Average (2017 - 2024)
Tencent Music Entertainment (TME) has disclosed Equity Average for 8 consecutive years, with $8.8 billion as the latest value for Q4 2024.
- Quarterly Equity Average rose 18.85% to $8.8 billion in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $8.8 billion through Dec 2024, up 18.85% year-over-year, with the annual reading at $8.8 billion for FY2024, 18.85% up from the prior year.
- Equity Average for Q4 2024 was $8.8 billion at Tencent Music Entertainment, up from $7.4 billion in the prior quarter.
- The five-year high for Equity Average was $8.8 billion in Q4 2024, with the low at $7.1 billion in Q4 2020.
- Average Equity Average over 5 years is $7.7 billion, with a median of $7.4 billion recorded in 2022.
- The sharpest move saw Equity Average rose 21.46% in 2020, then dropped 6.58% in 2022.
- Over 5 years, Equity Average stood at $7.1 billion in 2020, then grew by 12.64% to $8.0 billion in 2021, then fell by 6.58% to $7.4 billion in 2022, then decreased by 0.27% to $7.4 billion in 2023, then increased by 18.85% to $8.8 billion in 2024.
- According to Business Quant data, Equity Average over the past three periods came in at $8.8 billion, $7.4 billion, and $7.4 billion for Q4 2024, Q4 2023, and Q4 2022 respectively.