Cash Flow Statement

Tencent Music Entertainment (TME) Non-Current Deferred Tax Liability (2016 - 2024)

Tencent Music Entertainment (TME) has disclosed Non-Current Deferred Tax Liability for 7 consecutive years, with $27.6 million as the latest value for Q4 2024.

  • Quarterly Non-Current Deferred Tax Liability fell 16.96% to $27.6 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $27.6 million through Dec 2024, down 16.96% year-over-year, with the annual reading at $27.6 million for FY2024, 16.96% down from the prior year.
  • Non-Current Deferred Tax Liability for Q4 2024 was $27.6 million at Tencent Music Entertainment, down from $33.2 million in the prior quarter.
  • The five-year high for Non-Current Deferred Tax Liability was $40.7 million in Q4 2020, with the low at $27.6 million in Q4 2024.
  • Average Non-Current Deferred Tax Liability over 3 years is $33.8 million, with a median of $33.2 million recorded in 2023.
  • The sharpest move saw Non-Current Deferred Tax Liability dropped 5.85% in 2020, then dropped 16.96% in 2024.
  • Over 3 years, Non-Current Deferred Tax Liability stood at $40.7 million in 2020, then dropped by 18.52% to $33.2 million in 2023, then fell by 16.96% to $27.6 million in 2024.
  • According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods came in at $27.6 million, $33.2 million, and $40.7 million for Q4 2024, Q4 2023, and Q4 2020 respectively.