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Tencent Music Entertainment (TME) Equity Ratio (2016 - 2024)

Tencent Music Entertainment (TME) has disclosed Equity Ratio for 9 consecutive years, with 0.77 as the latest value for Q4 2024.

  • Quarterly Equity Ratio rose 1.8% to 0.77 in Q4 2024 from the year-ago period, while the trailing twelve-month figure was 0.77 through Dec 2024, up 1.8% year-over-year, with the annual reading at 0.77 for FY2024, 1.8% up from the prior year.
  • Equity Ratio for Q4 2024 was 0.77 at Tencent Music Entertainment, up from 0.76 in the prior quarter.
  • The five-year high for Equity Ratio was 0.77 in Q4 2020, with the low at 0.73 in Q4 2022.
  • Average Equity Ratio over 5 years is 0.76, with a median of 0.76 recorded in 2021.
  • The sharpest move saw Equity Ratio decreased 6.85% in 2020, then grew 3.29% in 2023.
  • Over 5 years, Equity Ratio stood at 0.77 in 2020, then fell by 1.71% to 0.76 in 2021, then dropped by 3.42% to 0.73 in 2022, then grew by 3.29% to 0.76 in 2023, then increased by 1.8% to 0.77 in 2024.
  • According to Business Quant data, Equity Ratio over the past three periods came in at 0.77, 0.76, and 0.73 for Q4 2024, Q4 2023, and Q4 2022 respectively.