Tencent Music Entertainment (TCMEF) Change in Taxes (2021 - 2022)
Tencent Music Entertainment's (TCMEF) quarterly Change in Taxes came in at -$35.9 million in Q2 2022, down 38.24% year-over-year from -$58.2 million in Q2 2021, and down 159.21% quarter-over-quarter from -$13.9 million in Q1 2022.
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Tencent Music Entertainment (TCMEF) Change in Taxes (2021 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed Change in Taxes across 2 years of filings, most recently posting -$35.9 million for Q2 2022.
- In Q2 2022, Change in Taxes fell 38.24% year-over-year to -$35.9 million; the TTM figure through Jun 2022 stood at -$93.4 million (changed N/A YoY), while the FY2025 annual figure was -$256.7 million, down 36.11% from the prior year.
- Change in Taxes came in at -$35.9 million for Q2 2022 at Tencent Music Entertainment, down from -$13.9 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of -$13.9 million in Q1 2022 to a low of -$35.9 million in Q2 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 320.19 Bn | 311.06 Bn | 6.52 Bn | - |
| 2 | Spotify Technology | 108.64 Bn | 97.73 Bn | 1.86 Bn | -98.80 Mn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | - |
| 4 | Huya | 471.18 Mn | 110.92 Mn | 37.58 Mn | - |
| 5 | iQIYI | 405.33 Mn | -65.56 Mn | 152.37 Mn | - |
| 6 | FuboTV | 313.61 Mn | -138.81 Mn | 399.10 Mn | - |
| 7 | Kaltura | 216.95 Mn | 185.65 Mn | 34.54 Mn | - |
| 8 | CuriosityStream | 153.89 Mn | 105.50 Mn | 16.93 Mn | - |
| 9 | LiveOne | 52.71 Mn | 44.05 Mn | 3.94 Mn | - |
| 10 | Cineverse | 46.61 Mn | 42.29 Mn | 10.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | -35.94 Mn |
| Mar 31, 2022 | -13.87 Mn |
| Jun 30, 2021 | -26.00 Mn |
| Mar 31, 2021 | -17.59 Mn |