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Tencent Music Entertainment (TME) Goodwill (2016 - 2024)

Tencent Music Entertainment (TME) has disclosed Goodwill for 9 consecutive years, with $2.7 billion as the latest value for Q4 2024.

  • Quarterly Goodwill rose 0.77% to $2.7 billion in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $2.7 billion through Dec 2024, up 0.77% year-over-year, with the annual reading at $2.7 billion for FY2024, 0.77% up from the prior year.
  • Goodwill for Q4 2024 was $2.7 billion at Tencent Music Entertainment, up from $2.7 billion in the prior quarter.
  • The five-year high for Goodwill was $3.0 billion in Q4 2021, with the low at $2.6 billion in Q4 2020.
  • Average Goodwill over 5 years is $2.8 billion, with a median of $2.7 billion recorded in 2024.
  • The sharpest move saw Goodwill grew 13.31% in 2021, then fell 8.36% in 2022.
  • Over 5 years, Goodwill stood at $2.6 billion in 2020, then rose by 13.31% to $3.0 billion in 2021, then decreased by 8.36% to $2.7 billion in 2022, then fell by 0.97% to $2.7 billion in 2023, then rose by 0.77% to $2.7 billion in 2024.
  • According to Business Quant data, Goodwill over the past three periods came in at $2.7 billion, $2.7 billion, and $2.7 billion for Q4 2024, Q4 2023, and Q4 2022 respectively.