Tencent Music Entertainment (TCMEF) EBT Margin (2016 - 2022)
Tencent Music Entertainment's (TCMEF) quarterly EBT Margin came in at 14.52% in Q2 2022, up 225.0% year-over-year from 4.47% in Q2 2021, and up 29.88% quarter-over-quarter from 11.18% in Q1 2022.
Analysis
Tencent Music Entertainment (TCMEF) EBT Margin (2016 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed EBT Margin across 5 years of filings, most recently posting 14.52% for Q2 2022.
- In Q2 2022, EBT Margin rose 225.0% year-over-year to 14.52%; the TTM figure through Jun 2022 stood at 11.21% (down 478.0% YoY), while the FY2025 annual figure was 40.94%, up 1074.0% from the prior year.
- EBT Margin came in at 14.52% for Q2 2022 at Tencent Music Entertainment, up from 11.18% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 22.47% in Q1 2018 to a low of 18.06% in Q4 2018.
- Average EBT Margin over 4 years is 14.3%, with a median of 17.22% recorded in 2019.
- The largest YoY upside for EBT Margin was 3459 bps in 2019 against a maximum downside of 424 bps in 2019.
- Over 4 years, EBT Margin stood at 18.06% in 2018, then jumped by 191 bps to 16.53% in 2019, then dropped by 26 bps to 12.27% in 2021, then advanced by 18 bps to 14.52% in 2022.
- Per Business Quant data, the three most recent EBT Margin figures were 14.52% in Q2 2022, 11.18% in Q1 2022, and 12.27% in Q2 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 320.19 Bn | 311.06 Bn | 6.52 Bn | 32.39% |
| 2 | Spotify Technology | 108.64 Bn | 97.73 Bn | 1.86 Bn | 15.07% |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | - |
| 4 | Huya | 471.18 Mn | 110.92 Mn | 37.58 Mn | 0.09% |
| 5 | iQIYI | 405.33 Mn | -65.56 Mn | 152.37 Mn | -1.75% |
| 6 | FuboTV | 313.61 Mn | -138.81 Mn | 399.10 Mn | -48.48% |
| 7 | Kaltura | 216.95 Mn | 185.65 Mn | 34.54 Mn | -6.58% |
| 8 | CuriosityStream | 153.89 Mn | 105.50 Mn | 16.93 Mn | 40.08% |
| 9 | LiveOne | 52.71 Mn | 44.05 Mn | 3.94 Mn | -15.97% |
| 10 | Cineverse | 46.61 Mn | 42.29 Mn | 10.66 Mn | -18.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 14.52% |
| Mar 31, 2022 | 11.18% |
| Jun 30, 2021 | 12.27% |
| Mar 31, 2021 | 14.00% |
| Dec 31, 2019 | 16.53% |
| Sep 30, 2019 | 17.91% |
| Jun 30, 2019 | 17.93% |
| Mar 31, 2019 | 19.65% |
| Dec 31, 2018 | -18.06% |
| Sep 30, 2018 | 21.11% |
| Jun 30, 2018 | 22.16% |
| Mar 31, 2018 | 22.47% |
| Dec 31, 2016 | 1.19% |