Tencent Music Entertainment Group Cash Flow Conversion Efficiency
Tencent Music Entertainment Group cash flow conversion efficiency. Based on the latest financial reports, Tencent Music Entertainment Group (TME) has a cash flow conversion efficiency ratio of 0.043x as of September 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 ($3.68 Billion) by net assets ($85.43 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Tencent Music Entertainment Group (2016–2024)
Cash flow conversion efficiency of Tencent Music Entertainment Group from 2016 to 2024. This chart illustrates how Tencent Music Entertainment Group's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Tencent Music Entertainment Group share price for real-time trading data and today's change.
Tencent Music Entertainment Group Cash Flow Conversion Ratio Explained
Tencent Music Entertainment Group cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see TME stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Open Text Corp
TO:OTEX
|
0.079x |
|
Torrent Power Limited
NSE:TORNTPOWER
|
0.130x |
|
Oberoi Realty Limited
NSE:OBEROIRLTY
|
0.050x |
|
Arcellx Inc
NASDAQ:ACLX
|
-0.145x |
|
Huali Industrial Group Company Limited
SHE:300979
|
0.144x |
|
Definity Financial Corp
TO:DFY
|
-0.030x |
|
Shenzhen Megmeet Electrical Co Ltd
SHE:002851
|
-0.010x |
|
KINGFISHER ADR/2 LS-1571
F:KFI2
|
N/A |
Annual Cash Flow Conversion Efficiency for Tencent Music Entertainment Group (2016–2024)
The table below shows the annual cash flow conversion efficiency of Tencent Music Entertainment Group from 2016 to 2024. Review Tencent Music Entertainment Group free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $69.73 Billion | $10.28 Billion | 0.147x | +14.89% |
| 2023-12-31 | $57.20 Billion | $7.34 Billion | 0.128x | -15.77% |
| 2022-12-31 | $49.13 Billion | $7.48 Billion | 0.152x | +48.40% |
| 2021-12-31 | $51.05 Billion | $5.24 Billion | 0.103x | +10.77% |
| 2020-12-31 | $52.73 Billion | $4.88 Billion | 0.093x | -90.63% |
| 2019-12-31 | $6.27 Billion | $6.20 Billion | 0.989x | +563.10% |
| 2018-12-31 | $37.77 Billion | $5.63 Billion | 0.149x | +55.95% |
| 2017-12-31 | $26.15 Billion | $2.50 Billion | 0.096x | +125.98% |
| 2016-12-31 | $20.63 Billion | $873.00 Million | 0.042x | -- |
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 offers 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 mu… Read more