Tencent Music Entertainment (TCMEF) Capital Leases (2022 - 2023)
Tencent Music Entertainment's (TCMEF) quarterly Capital Leases came in at $16.0 million in Q4 2023, down 7.65% year-over-year from $17.3 million in Q4 2022, and down 7.65% quarter-over-quarter from $17.3 million in Q4 2022.
Analysis
Tencent Music Entertainment (TCMEF) Capital Leases (2022 - 2023) Analysis & Trends
Tencent Music Entertainment has disclosed Capital Leases across 2 years of filings, most recently posting $16.0 million for Q4 2023.
- In Q4 2023, Capital Leases fell 7.65% year-over-year to $16.0 million; the TTM figure through Dec 2023 stood at $16.0 million (down 7.65% YoY), while the FY2023 annual figure was $16.0 million, down 7.48% from the prior year.
- Capital Leases came in at $16.0 million for Q4 2023 at Tencent Music Entertainment, down from $17.3 million in the prior quarter.
- In the past five years, Capital Leases ranged from a high of $17.3 million in Q4 2022 to a low of $16.0 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 320.63 Bn | 311.50 Bn | 6.52 Bn |
| 2 | Spotify Technology | 109.40 Bn | 98.49 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn |
| 4 | Huya | 478.05 Mn | 117.79 Mn | 37.58 Mn |
| 5 | iQIYI | 408.77 Mn | -62.13 Mn | 152.37 Mn |
| 6 | FuboTV | 315.64 Mn | -136.77 Mn | 399.10 Mn |
| 7 | Kaltura | 219.16 Mn | 187.86 Mn | 34.54 Mn |
| 8 | CuriosityStream | 154.78 Mn | 106.39 Mn | 16.93 Mn |
| 9 | LiveOne | 53.11 Mn | 44.45 Mn | 3.94 Mn |
| 10 | Cineverse | 46.92 Mn | 42.60 Mn | 10.66 Mn |