Tencent Music Entertainment Group (63TA) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.030x

Based on the latest financial reports, Tencent Music Entertainment Group (63TA) has a cash flow conversion efficiency ratio of 0.030x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€2.33 Billion ≈ $2.73 Billion USD) by net assets (€77.13 Billion ≈ $90.17 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Review Tencent Music Entertainment Group free cash flow to debt ratio to assess the company's free cash flow relative to its total liabilities.

Tencent Music Entertainment Group - Cash Flow Conversion Efficiency Trend (2018–2025)

This chart illustrates how Tencent Music Entertainment Group's cash flow conversion efficiency has evolved over time, based on yearly financial data. Also see how much is Tencent Music Entertainment Group worth for the company's overall valuation and market capitalisation.

Tencent Music Entertainment Group Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Tencent Music Entertainment Group ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Schaeffler AG XETRA:SHA0	0.042x
Stora Enso Oyj R HE:STERV	0.003x
HUAYU Automotive Systems Co Ltd SHG:600741	0.053x
Yang Ming Marine Transport Corp TW:2609	0.025x
Houlihan Lokey Inc NYSE:HLI	0.145x
Argan Inc NYSE:AGX	0.239x
Bank of India NSE:BANKINDIA	-0.530x
China Aerospace Times Electronics Co Ltd SHG:600879	0.130x

Annual Cash Flow Conversion Efficiency for Tencent Music Entertainment Group (2018–2025)

The table below shows the annual cash flow conversion efficiency of Tencent Music Entertainment Group from 2018 to 2025. View 63TA stock price and chart for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	€83.05 Billion ≈ $97.09 Billion	€10.23 Billion ≈ $11.96 Billion	0.123x	-16.40%
2024-12-31	€69.73 Billion ≈ $81.52 Billion	€10.28 Billion ≈ $12.01 Billion	0.147x	+14.89%
2023-12-31	€57.20 Billion ≈ $66.88 Billion	€7.34 Billion ≈ $8.58 Billion	0.128x	-15.77%
2022-12-31	€49.13 Billion ≈ $57.43 Billion	€7.48 Billion ≈ $8.75 Billion	0.152x	+48.40%
2021-12-31	€51.05 Billion ≈ $59.69 Billion	€5.24 Billion ≈ $6.12 Billion	0.103x	+10.77%
2020-12-31	€52.73 Billion ≈ $61.65 Billion	€4.88 Billion ≈ $5.71 Billion	0.093x	-34.74%
2019-12-31	€43.68 Billion ≈ $51.06 Billion	€6.20 Billion ≈ $7.25 Billion	0.142x	-4.80%
2018-12-31	€37.77 Billion ≈ $44.16 Billion	€5.63 Billion ≈ $6.58 Billion	0.149x	--

About Tencent Music Entertainment Group

F:63TA Germany Internet Content & Information

Market Cap

$7.04 Billion

€6.02 Billion EUR

Market Cap Rank

#2907 Global

#572 in Germany

Share Price

€7.48

Change (1 day)

-1.32%

52-Week Range

€7.16 - €22.20

All Time High

€26.33