Tencent Music Entertainment (TCMEF) EBIT Margin (2016 - 2022)
Tencent Music Entertainment's (TCMEF) quarterly EBIT Margin came in at 14.9% in Q2 2022, up 199.0% year-over-year from 4.98% in Q2 2021, and up 32.17% quarter-over-quarter from 11.27% in Q1 2022.
Analysis
Tencent Music Entertainment (TCMEF) EBIT Margin (2016 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed EBIT Margin across 5 years of filings, most recently posting 14.9% for Q2 2022.
- In Q2 2022, EBIT Margin rose 199.0% year-over-year to 14.9%; the TTM figure through Jun 2022 stood at 11.52% (down 485.0% YoY), while the FY2025 annual figure was 41.19%, up 1102.0% from the prior year.
- EBIT Margin came in at 14.9% for Q2 2022 at Tencent Music Entertainment, up from 11.27% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 22.67% in Q1 2018 to a low of 18.06% in Q4 2018.
- Average EBIT Margin over 4 years is 14.67%, with a median of 17.63% recorded in 2019.
- The largest YoY upside for EBIT Margin was 3478 bps in 2019 against a maximum downside of 399 bps in 2019.
- Over 4 years, EBIT Margin stood at 18.06% in 2018, then soared by 193 bps to 16.72% in 2019, then fell by 23 bps to 12.91% in 2021, then climbed by 15 bps to 14.9% in 2022.
- Per Business Quant data, the three most recent EBIT Margin figures were 14.9% in Q2 2022, 11.27% in Q1 2022, and 12.91% in Q2 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 320.19 Bn | 311.06 Bn | 6.52 Bn | 33.38% |
| 2 | Spotify Technology | 108.64 Bn | 97.73 Bn | 1.86 Bn | 13.71% |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | - |
| 4 | Huya | 471.18 Mn | 110.92 Mn | 37.58 Mn | -0.40% |
| 5 | iQIYI | 405.33 Mn | -65.56 Mn | 152.37 Mn | -1.67% |
| 6 | FuboTV | 313.61 Mn | -138.81 Mn | 399.10 Mn | 8.32% |
| 7 | Kaltura | 216.95 Mn | 185.65 Mn | 34.54 Mn | -1.65% |
| 8 | CuriosityStream | 153.89 Mn | 105.50 Mn | 16.93 Mn | 39.49% |
| 9 | LiveOne | 52.71 Mn | 44.05 Mn | 3.94 Mn | -19.00% |
| 10 | Cineverse | 46.61 Mn | 42.29 Mn | 10.66 Mn | -16.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 14.90% |
| Mar 31, 2022 | 11.27% |
| Jun 30, 2021 | 12.91% |
| Mar 31, 2021 | 14.75% |
| Dec 31, 2019 | 16.72% |
| Sep 30, 2019 | 18.63% |
| Jun 30, 2019 | 18.53% |
| Mar 31, 2019 | 19.87% |
| Dec 31, 2018 | -18.06% |
| Sep 30, 2018 | 21.37% |
| Jun 30, 2018 | 22.52% |
| Mar 31, 2018 | 22.67% |
| Dec 31, 2016 | 0.94% |