Tencent Music Entertainment Group (63TA) — Cash Flow Quality Index
Tencent Music Entertainment Group (63TA) has a Cash Flow Quality Index of 1.12x as of March 2026. Operating cash flow of €2.33 Billion exceeds net income of €2.09 Billion, indicating high earnings quality where cash backs reported profits. Explore how well can Tencent Music Entertainment Group service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Tencent Music Entertainment Group Cash Flow Quality Index (2018–2025)
Historical Cash Flow Quality Index for Tencent Music Entertainment Group across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Tencent Music Entertainment Group generate cash.
Annual Cash Flow Quality Index for Tencent Music Entertainment Group (2018–2025)
Year-by-year earnings quality comparison for Tencent Music Entertainment Group.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.93x | €10.23 Billion | €11.06 Billion | ▼ -40.2% |
| 2024 | 1.55x | €10.28 Billion | €6.64 Billion | ▲ +3.7% |
| 2023 | 1.49x | €7.34 Billion | €4.92 Billion | ▼ -26.7% |
| 2022 | 2.03x | €7.48 Billion | €3.68 Billion | ▲ +17.6% |
| 2021 | 1.73x | €5.24 Billion | €3.03 Billion | ▲ +47.1% |
| 2020 | 1.18x | €4.88 Billion | €4.16 Billion | ▼ -24.5% |
| 2019 | 1.56x | €6.20 Billion | €3.98 Billion | ▼ -49.3% |
| 2018 | 3.07x | €5.63 Billion | €1.83 Billion | — |