Tencent Music Entertainment Group
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Tencent Music Entertainment Group generated cash of $7,337,000,000, which is less than the previous year. Cash used in financing activities reached the amount of -$1,538,000,000 last year. Net change in cash is therefore $4,012,000,000.
Cash Flow
| 2016 | 873M | 496M | 1.71B |
|---|---|---|---|
| 2017 | 2.5B | -483M | 99M |
| 2018 | 5.63B | -1.19B | 7.74B |
| 2019 | 6.2B | -8.10B | -31M |
| 2020 | 4.88B | -14.20B | 5.29B |
| 2021 | 5.23B | -5.99B | -3.71B |
| 2022 | 7.48B | -1.44B | -3.41B |
| 2023 | 7.33B | -1.86B | -1.53B |
TME Cash Flow Statement (2016 โ 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 9.55B | 6.59B | 11.12B | 15.42B | 17.35B | 5.17B | 3.07B | 0 |
Operating activities | ||||||||
Net income | 6.04B | 4.37B | 3.63B | 4.63B | 4.54B | 2.00B | 1.59B | 114M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||
Depreciation and amortization | 1.00B | 1.16B | 1.00B | 824M | 583M | 369M | 379M | 236M |
Stock-based compensation expense | 670M | 665M | 647M | 569M | 519M | 0 | 362M | 170M |
| Deferred income tax benefit | 670M | 665M | 647M | 569M | 519M | 0 | 362M | 170M |
| Changes in operating assets and liabilities: | ||||||||
Accounts receivable, net | -204M | 906M | -769M | -520M | -733M | -182M | -447M | -266M |
Inventories | 7M | 10M | -6M | 8M | 9M | -4M | -16M | -11M |
Accounts payable | 52M | 663M | 631M | 644M | 717M | 780M | 4M | 315M |
Cash generated by operating activities | 7.33B | 7.48B | 5.23B | 4.88B | 6.2B | 5.63B | 2.5B | 873M |
Investing activities | ||||||||
Purchases Of Investments | -13.68B | -34.71B | -17.51B | -33.56B | -12.34B | -340M | -61M | 0 |
Investments In Property Plant And Equipment | -165M | -1.05B | -2.75B | -501M | -286M | -144M | -77M | -41M |
Acquisitions Net | -9M | -144M | -1.71B | -525M | -44M | -693M | -15M | 676M |
Cash generated by investing activities | -1.86B | -1.44B | -5.99B | -14.20B | -8.10B | -1.19B | -483M | 496M |
Financing activities | ||||||||
Common Stock Issued | 52M | 0 | 13M | 0 | 15M | 7.31B | 0 | 1.90B |
Payments for dividends | 0 | -74M | 0 | 0 | -32M | 0 | 0 | 0 |
Repurchases of common stock | -1.24B | -3.12B | -3.47B | -134M | 0 | 0 | 0 | 0 |
Repayments of term debt | -116M | -130M | -116M | -80M | -56M | 0 | 0 | 0 |
Cash used in financing activities | -1.53B | -3.41B | -3.71B | 5.29B | -31M | 7.74B | 99M | 1.71B |
Net Change In Cash | 4.01B | 2.96B | -4.53B | -4.29B | -1.93B | 12.18B | 2.10B | 3.07B |
Cash at end of period | 13.56B | 9.55B | 6.59B | 11.12B | 15.42B | 17.35B | 5.17B | 3.07B |
| Data source | Data source | Data source | Data source | Data source | Data source |