How much cash does Tencent Music Entertainment Group have?

According to Tencent Music Entertainment Group's latest annual financial reports, the company has a total of $13.16B in cash and cash equivalents. This amount includes all liquid assets that can be readily converted into cash.

Additionally, Tencent Music Entertainment Group holds $14.04B in short-term investments, which are highly liquid assets that can be easily converted into cash within a short period.

In total, the company has $27.21B when combining cash and cash equivalents with short-term investments.

On a per-share basis, Tencent Music Entertainment Group has $8.68 in cash. This metric helps investors understand how much cash the company holds per outstanding share.

The company's free cash flow, which is the cash generated from operations after deducting capital expenditures, stands at $10.28B. This is an important indicator of financial health, showing the cash available for distribution to shareholders or reinvestment into the company.

Lastly, the company's cash position has experienced a growth rate of -2.97%, reflecting the increase in cash and cash equivalents over the specified period.

Tencent Music Entertainment Group Historical Cash on Hand

Cash on Hand History

The table below shows the amount of cash on hand for each year, with the latest data available for the last fiscal year 2024.

Year	Cash on Hand	Change
2024	$13.16B	-2.97%
2023	$13.57B	41.99%
2022	$9.55B	44.97%
2021	$6.59B	-40.77%
2020	$11.13B	-27.86%
2019	$15.43B	-11.12%
2018	$17.36B	235.45%
2017	$5.17B	68.48%
2016	$3.07B	N/A