Tencent Music Entertainment Group (63TA) — Capital Reinvestment Ratio
Tencent Music Entertainment Group (63TA) has a Capital Reinvestment Ratio of 0.12x as of December 2025, meaning it reinvests 0% of its operating cash flow (€10.23 Billion) in capital expenditures (€1.19 Billion). See 63TA FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Tencent Music Entertainment Group Capital Reinvestment Ratio (2018–2025)
This chart tracks Tencent Music Entertainment Group's Capital Reinvestment Ratio across 8 annual periods.
Annual Capital Reinvestment Ratio for Tencent Music Entertainment Group (2018–2025)
Year-by-year Capital Reinvestment Ratio for Tencent Music Entertainment Group from 2018 to 2025. For live market cap and broader valuation context, see Tencent Music Entertainment Group (63TA) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | €10.23 Billion | €1.19 Billion | ▲ +15.6% |
| 2024 | 0.10x | €10.28 Billion | €1.03 Billion | ▼ -36.7% |
| 2023 | 0.16x | €7.34 Billion | €1.16 Billion | ▲ +12.7% |
| 2022 | 0.14x | €7.48 Billion | €1.05 Billion | ▲ +363.8% |
| 2021 | 0.03x | €5.24 Billion | €159.00 Million | ▲ +37.3% |
| 2020 | 0.02x | €4.88 Billion | €108.00 Million | ▲ +44.3% |
| 2019 | 0.02x | €6.20 Billion | €95.00 Million | ▼ -40.1% |
| 2018 | 0.03x | €5.63 Billion | €144.00 Million | — |