Tencent Music Entertainment (TME) Operating Leases (2018 - 2024)
Tencent Music Entertainment (TME) has disclosed Operating Leases for 7 consecutive years, with $30.5 million as the latest value for Q4 2024.
- Quarterly Operating Leases fell 26.09% to $30.5 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $30.5 million through Dec 2024, down 26.09% year-over-year, with the annual reading at $30.5 million for FY2024, 26.09% down from the prior year.
- Operating Leases for Q4 2024 was $30.5 million at Tencent Music Entertainment, down from $41.2 million in the prior quarter.
- The five-year high for Operating Leases was $43.0 million in Q4 2022, with the low at $30.5 million in Q4 2024.
- Average Operating Leases over 5 years is $35.9 million, with a median of $32.9 million recorded in 2020.
- The sharpest move saw Operating Leases soared 197.24% in 2020, then fell 26.09% in 2024.
- Over 5 years, Operating Leases stood at $32.9 million in 2020, then fell by 2.53% to $32.1 million in 2021, then surged by 34.18% to $43.0 million in 2022, then decreased by 4.13% to $41.2 million in 2023, then dropped by 26.09% to $30.5 million in 2024.
- According to Business Quant data, Operating Leases over the past three periods came in at $30.5 million, $41.2 million, and $43.0 million for Q4 2024, Q4 2023, and Q4 2022 respectively.