Tencent Music Entertainment Group (TME) — Capital Reinvestment Ratio
Tencent Music Entertainment Group (TME) has a Capital Reinvestment Ratio of 0.13x as of March 2025, meaning it reinvests 0% of its operating cash flow ($2.52 Billion) in capital expenditures ($319.00 Million). Check TME goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Tencent Music Entertainment Group Capital Reinvestment Ratio (2016–2024)
This chart tracks Tencent Music Entertainment Group's Capital Reinvestment Ratio across 9 annual periods. For the full cash flow conversion analysis, see how efficiently does Tencent Music Entertainment Group generate cash.
Annual Capital Reinvestment Ratio for Tencent Music Entertainment Group (2016–2024)
Year-by-year Capital Reinvestment Ratio for Tencent Music Entertainment Group from 2016 to 2024. See TME free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 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 | ▼ -73.3% |
| 2021 | 0.53x | $5.24 Billion | $2.76 Billion | ▲ +413.3% |
| 2020 | 0.10x | $4.88 Billion | $501.00 Million | ▲ +122.3% |
| 2019 | 0.05x | $6.20 Billion | $286.00 Million | ▲ +80.4% |
| 2018 | 0.03x | $5.63 Billion | $144.00 Million | ▼ -17.0% |
| 2017 | 0.03x | $2.50 Billion | $77.00 Million | ▼ -34.4% |
| 2016 | 0.05x | $873.00 Million | $41.00 Million | — |