Tencent Music Entertainment Group (63TA) - Cash Flow Conversion Efficiency
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. Also see market value of Tencent Music Entertainment Group for the company's overall valuation and market capitalisation.
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. View today's stock price for Tencent Music Entertainment Group for real-time trading data and today's change.
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. Review 63TA free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Motilal Oswal Financial Services Limited
NSE:MOTILALOFS
|
-0.162x |
|
Enel Chile S.A
SN:ENELCHILE
|
40.463x |
|
Ringkjoebing Landbobank A/S
CO:RILBA
|
0.002x |
|
Enersys
NYSE:ENS
|
0.097x |
|
Minera Frisco S.A.B. de C.V
MX:MFRISCOA-1
|
0.356x |
|
Molson Coors Brewing Co Class B
NYSE:TAP
|
0.079x |
|
Osisko Gold Ro
TO:OR
|
0.059x |
|
Posco International Corp
KO:047050
|
0.061x |
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. Also see 63TA total assets for a full breakdown of the balance sheet.
| 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
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as … Read more