Tencent Music Entertainment (TCMEF) Exchange Rate Effect (2017 - 2026)
Tencent Music Entertainment recorded quarterly Exchange Rate Effect of -$7.0 million in Q1 2026, down 40.0% quarter-over-quarter from -$5.0 million in Q4 2025, and down 450.0% year-over-year from $2.0 million in Q1 2025.
Tencent Music Entertainment's Exchange Rate Effect history runs 10 years deep, the most recent figure standing at -$7.0 million for Q1 2026.
- In Q1 2026, Exchange Rate Effect fell 450.0% year-over-year to -$7.0 million; the TTM figure through Mar 2026 stood at -$17.0 million (down 5120.46% YoY), while the FY2025 annual figure was -$7.0 million, down 75.0% from the prior year.
- Exchange Rate Effect came in at -$7.0 million for Q1 2026 at Tencent Music Entertainment, down from -$5.0 million in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $28.7 million in Q2 2022 to a low of -$9.0 million in Q3 2025.
- A 5-year average of $2.5 million and a median of -$1.0 million in 2022 frame the typical range for Exchange Rate Effect.
- Across the five-year window, Exchange Rate Effect jumped 2700.0% in 2022 and sank 637.52% in 2025, its largest moves.
- Tencent Music Entertainment's Exchange Rate Effect stood at -$4.0 million in 2022, then rose by 23.61% to -$3.1 million in 2023, then plunged by 63.64% to -$5.0 million in 2024, then changed by 0.0% to -$5.0 million in 2025, then plunged by 40.0% to -$7.0 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered -$7.0 million, -$5.0 million, and -$9.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | -123.00 Mn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 7.00 Mn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 46.83 Mn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | - | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -5.10 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | -72,000.00 | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | -4.50 Mn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | - |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | -2.34 Mn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | -7.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.00 Mn |
| Mar 31, 2026 | -7.00 Mn |
| Dec 31, 2025 | -5.00 Mn |
| Dec 31, 2025 | -5.00 Mn |
| Sep 30, 2025 | -9.00 Mn |
| Sep 30, 2025 | -9.00 Mn |
| Jun 30, 2025 | 4.00 Mn |
| Jun 30, 2025 | 4.00 Mn |
| Mar 31, 2025 | 2.00 Mn |
| Mar 31, 2025 | 2.00 Mn |
| Dec 31, 2024 | -5.00 Mn |
| Dec 31, 2024 | -5.00 Mn |
| Sep 30, 2024 | 1.67 Mn |
| Sep 30, 2024 | 1.67 Mn |
| Jun 30, 2024 | 1.00 Mn |
| Jun 30, 2024 | 1.00 Mn |
| Mar 31, 2024 | -2.00 Mn |
| Mar 31, 2024 | -2.00 Mn |
| Dec 31, 2023 | -3.06 Mn |
| Dec 31, 2023 | -3.06 Mn |
| Sep 30, 2023 | -3.00 Mn |
| Sep 30, 2023 | -3.00 Mn |
| Jun 30, 2023 | 17.00 Mn |
| Jun 30, 2023 | 17.00 Mn |
| Mar 31, 2023 | -1.00 Mn |
| Mar 31, 2023 | -1.00 Mn |
| Dec 31, 2022 | -4.00 Mn |
| Dec 31, 2022 | -4.00 Mn |
| Sep 30, 2022 | 28.00 Mn |
| Sep 30, 2022 | 28.00 Mn |
| Jun 30, 2022 | 28.66 Mn |
| Jun 30, 2022 | 28.66 Mn |
| Mar 31, 2022 | -1.00 Mn |
| Mar 31, 2022 | -1.00 Mn |
| Dec 31, 2021 | -3.00 Mn |
| Dec 31, 2021 | -3.00 Mn |
| Sep 30, 2021 | 1.00 Mn |
| Sep 30, 2021 | 1.00 Mn |
| Jun 30, 2021 | -11.00 Mn |
| Jun 30, 2021 | -11.00 Mn |
| Mar 31, 2021 | 3.00 Mn |
| Mar 31, 2021 | 3.00 Mn |
| Dec 31, 2020 | -39.00 Mn |
| Dec 31, 2020 | -39.00 Mn |
| Sep 30, 2020 | -27.00 Mn |
| Sep 30, 2020 | -27.00 Mn |
| Jun 30, 2020 | 23.71 Mn |
| Jun 30, 2020 | 23.71 Mn |
| Mar 31, 2020 | 143,287.75 |
| Mar 31, 2020 | 143,287.75 |
| Dec 31, 2019 | 283,761.54 |
| Dec 31, 2019 | 283,761.54 |
| Sep 30, 2019 | -3.00 Mn |
| Sep 30, 2019 | -3.00 Mn |
| Jun 30, 2019 | 30.00 Mn |
| Jun 30, 2019 | 30.00 Mn |
| Mar 31, 2019 | -28.00 Mn |
| Mar 31, 2019 | -28.00 Mn |
| Dec 31, 2018 | -6.00 Mn |
| Dec 31, 2018 | -6.00 Mn |
| Sep 30, 2018 | 3.38 Mn |
| Sep 30, 2018 | 3.38 Mn |
| Jun 30, 2018 | 5.96 Mn |
| Jun 30, 2018 | 5.96 Mn |
| Mar 31, 2018 | -3.30 Mn |
| Mar 31, 2018 | -3.30 Mn |
| Dec 31, 2017 | -906,852.03 |
| Dec 31, 2017 | -906,852.03 |