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Tencent Music Entertainment (TME) Long-Term Deferred Tax (2016 - 2024)

Tencent Music Entertainment (TME) has disclosed Long-Term Deferred Tax for 9 consecutive years, with $67.2 million as the latest value for Q4 2024.

  • Quarterly Long-Term Deferred Tax rose 13.38% to $67.2 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $67.2 million through Dec 2024, up 13.38% year-over-year, with the annual reading at $67.2 million for FY2024, 13.38% up from the prior year.
  • Long-Term Deferred Tax for Q4 2024 was $67.2 million at Tencent Music Entertainment, up from $59.3 million in the prior quarter.
  • The five-year high for Long-Term Deferred Tax was $67.2 million in Q4 2024, with the low at $6.9 million in Q4 2022.
  • Average Long-Term Deferred Tax over 5 years is $34.5 million, with a median of $20.5 million recorded in 2020.
  • The sharpest move saw Long-Term Deferred Tax crashed 62.67% in 2022, then skyrocketed 760.79% in 2023.
  • Over 5 years, Long-Term Deferred Tax stood at $20.5 million in 2020, then decreased by 10.06% to $18.5 million in 2021, then tumbled by 62.67% to $6.9 million in 2022, then surged by 760.79% to $59.3 million in 2023, then rose by 13.38% to $67.2 million in 2024.
  • According to Business Quant data, Long-Term Deferred Tax over the past three periods came in at $67.2 million, $59.3 million, and $6.9 million for Q4 2024, Q4 2023, and Q4 2022 respectively.