Tencent Music Entertainment (TME) Goodwill & Intangibles (2016 - 2024)
Tencent Music Entertainment (TME) has disclosed Goodwill & Intangibles for 9 consecutive years, with $3.1 billion as the latest value for Q4 2024.
- Quarterly Goodwill & Intangibles rose 2.27% to $3.1 billion in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $3.1 billion through Dec 2024, up 2.27% year-over-year, with the annual reading at $3.1 billion for FY2024, 2.27% up from the prior year.
- Goodwill & Intangibles for Q4 2024 was $3.1 billion at Tencent Music Entertainment, up from $3.0 billion in the prior quarter.
- The five-year high for Goodwill & Intangibles was $3.4 billion in Q4 2021, with the low at $2.9 billion in Q4 2020.
- Average Goodwill & Intangibles over 5 years is $3.1 billion, with a median of $3.1 billion recorded in 2024.
- The sharpest move saw Goodwill & Intangibles increased 16.61% in 2021, then dropped 10.47% in 2022.
- Over 5 years, Goodwill & Intangibles stood at $2.9 billion in 2020, then increased by 16.61% to $3.4 billion in 2021, then decreased by 10.47% to $3.1 billion in 2022, then decreased by 2.52% to $3.0 billion in 2023, then grew by 2.27% to $3.1 billion in 2024.
- According to Business Quant data, Goodwill & Intangibles over the past three periods came in at $3.1 billion, $3.0 billion, and $3.1 billion for Q4 2024, Q4 2023, and Q4 2022 respectively.