Shareholders Equity ratio Analysis of Tencent Music Entertainment Grp - Deep Dive
WARN : Please note that some of the values may not be in base currency

Shareholders Equity of TME
Dec-23
74.01
Very Good Shareholders Equity
Dec-22
71.78
Very Good Shareholders Equity
Growth
3.11
%
Shareholders Equity Analysis of Tencent Music Entertainment Grp
Shareholder to Equity Ratio of Tencent Music Entertainment Grp with value of 74.01 indicates that shareholders own a High proportion of the assets of the company.
Shareholders Equity Ratio of TME has grown by 3.11 % Compared to previous Financial Year.
Shareholders Equity Ratio with value of 82.75 was highest in Year Dec-19 in last Five Years.
Shareholders Equity Ratio with value of 71.78 was lowest in Year Dec-22 in last Five Years.
Latest Shareholders Equity Ratio with value of 74.01 is lower than Average Shareholders Equity of 75.98 in last five years.
Other Shareholders Equity Related Info of TME that may interest you.
Tencent Music Entertainment Grp Overview
CodePricePrevious PricePrice ChangeSector
TME14.4515.17 4.75 % Internet Content & Information
Fundamental AnalysisTechnical Analysis
Defination of Shareholders Equity
The Shareholders Equity Ratio measures how much the company's assets are funded using shareholder's equity instead of debt. This metric also tells how much shareholders claim on the company's assets in a time of liquidation.    more ..
Shareholders Equity Formula
Shareholders Equity Related Ratios
DebtToEquityRatioReturnOnEquity
Tsr Stability Index
Excellent Stability
FY - Historical Shareholders Equity of Tencent Music Entertainment Grp
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Shareholders Equity74.0171.7874.8276.5282.7584.5787.14
Change3.11 %-4.06 %-2.23 %-7.52 %-2.15 %-2.95 %-0.569 %
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FY Chart of Shareholders Equity of Tencent Music Entertainment Grp


Note : All Data Generated at the End of Trading Hours (EOD Data)