Tencent Music Entertainment (TME) Short-term Investments (2018 - 2024)
Tencent Music Entertainment (TME) has disclosed Short-term Investments for 7 consecutive years, with $1.9 billion as the latest value for Q4 2024.
- Quarterly Short-term Investments rose 41.21% to $1.9 billion in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $1.9 billion through Dec 2024, up 41.21% year-over-year, with the annual reading at $1.9 billion for FY2024, 41.21% up from the prior year.
- Short-term Investments for Q4 2024 was $1.9 billion at Tencent Music Entertainment, up from $1.4 billion in the prior quarter.
- The five-year high for Short-term Investments was $2.2 billion in Q4 2020, with the low at $1.4 billion in Q4 2023.
- Average Short-term Investments over 5 years is $1.8 billion, with a median of $1.9 billion recorded in 2024.
- The sharpest move saw Short-term Investments surged 125.74% in 2020, then dropped 20.51% in 2022.
- Over 5 years, Short-term Investments stood at $2.2 billion in 2020, then dropped by 10.92% to $2.0 billion in 2021, then decreased by 20.51% to $1.6 billion in 2022, then dropped by 13.07% to $1.4 billion in 2023, then soared by 41.21% to $1.9 billion in 2024.
- According to Business Quant data, Short-term Investments over the past three periods came in at $1.9 billion, $1.4 billion, and $1.6 billion for Q4 2024, Q4 2023, and Q4 2022 respectively.