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 0.029x as of December 2025. 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 (€2.39 Billion ≈ $2.80 Billion USD) by net assets (€83.05 Billion ≈ $97.09 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of Tencent Music Entertainment Group to measure how much of total assets are equity-financed.
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. Check Tencent Music Entertainment Group cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Enel Chile S.A
SN:ENELCHILE
|
40.552x |
|
Chailease Holding Co Ltd
TW:5871
|
0.009x |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
0.090x |
|
Ringkjoebing Landbobank A/S
CO:RILBA
|
0.002x |
|
Acm Research Inc
NASDAQ:ACMR
|
-0.014x |
|
TG Therapeutics Inc
NASDAQ:TGTX
|
-0.031x |
|
Essent Group Ltd
NYSE:ESNT
|
0.038x |
|
Mueller Industries Inc
NYSE:MLI
|
0.024x |
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. For the full company profile with market capitalisation and key ratios, see how much is Tencent Music Entertainment Group worth.
| 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