Tencent Change In Cash from 2010 to 2024

TME Stock  USD 14.45  0.58  3.86%   
Tencent Music's Change In Cash is decreasing over the years with stable fluctuation. Overall, Change In Cash is expected to go to about 4.2 B this year. During the period from 2010 to 2024 Tencent Music Change In Cash annual values regression line had coefficient of variation of  163.06 and r-squared of  0.03. View All Fundamentals
 
Change In Cash  
First Reported
2016-12-31
Previous Quarter
-3.3 B
Current Value
1.2 B
Quarterly Volatility
2.6 B
 
Covid
Check Tencent Music financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tencent main balance sheet or income statement drivers, such as Tax Provision of 450 M, Net Interest Income of 470.7 M or Interest Income of 1.1 B, as well as many exotic indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 0.0 or PTB Ratio of 1.72. Tencent financial statements analysis is a perfect complement when working with Tencent Music Valuation or Volatility modules.
  
This module can also supplement Tencent Music's financial leverage analysis and stock options assessment as well as various Tencent Music Technical models . Check out the analysis of Tencent Music Correlation against competitors.

Latest Tencent Music's Change In Cash Growth Pattern

Below is the plot of the Change In Cash of Tencent Music Entertainment over the last few years. It is Tencent Music's Change In Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tencent Music's overall financial position and show how it may be relating to other accounts over time.
Change In Cash10 Years Trend
Pretty Stable
   Change In Cash   
       Timeline  

Tencent Change In Cash Regression Statistics

Arithmetic Mean2,413,706,667
Coefficient Of Variation163.06
Mean Deviation2,442,243,556
Median3,071,000,000
Standard Deviation3,935,741,296
Sample Variance15490059.5T
Range16.7B
R-Value(0.16)
Mean Square Error16234808.2T
R-Squared0.03
Significance0.56
Slope(144,027,857)
Total Sum of Squares216860833.7T

Tencent Change In Cash History

20244.2 B
2023B
2022B
2021-4.5 B
2020-4.3 B
2019-1.9 B
201812.2 B

About Tencent Music Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Tencent Music income statement, its balance sheet, and the statement of cash flows. Tencent Music investors use historical funamental indicators, such as Tencent Music's Change In Cash, to determine how well the company is positioned to perform in the future. Although Tencent Music investors may use each financial statement separately, they are all related. The changes in Tencent Music's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tencent Music's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Tencent Music Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Tencent Music. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change In CashB4.2 B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Tencent Music Entert is a strong investment it is important to analyze Tencent Music's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tencent Music's future performance. For an informed investment choice regarding Tencent Stock, refer to the following important reports:
Check out the analysis of Tencent Music Correlation against competitors.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Tencent Stock analysis

When running Tencent Music's price analysis, check to measure Tencent Music's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tencent Music is operating at the current time. Most of Tencent Music's value examination focuses on studying past and present price action to predict the probability of Tencent Music's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tencent Music's price. Additionally, you may evaluate how the addition of Tencent Music to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Money Managers
Screen money managers from public funds and ETFs managed around the world
Is Tencent Music's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tencent Music. If investors know Tencent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tencent Music listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.278
Dividend Share
0.972
Earnings Share
0.46
Revenue Per Share
17.684
Quarterly Revenue Growth
(0.03)
The market value of Tencent Music Entert is measured differently than its book value, which is the value of Tencent that is recorded on the company's balance sheet. Investors also form their own opinion of Tencent Music's value that differs from its market value or its book value, called intrinsic value, which is Tencent Music's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tencent Music's market value can be influenced by many factors that don't directly affect Tencent Music's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tencent Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tencent Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tencent Music's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.