Tencent Music Entertainment (TCMEF) Exchange Rate Effect (2017 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Exchange Rate Effect came in at -$19.0 million in Q2 2026, down 575.0% year-over-year from $4.0 million in Q2 2025, and down 171.43% quarter-over-quarter from -$7.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Exchange Rate Effect (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Exchange Rate Effect across 10 years of filings, most recently posting -$19.0 million for Q2 2026.
- In Q2 2026, Exchange Rate Effect fell 575.0% year-over-year to -$19.0 million; the TTM figure through Jun 2026 stood at -$40.0 million (down 1595.69% YoY), while the FY2025 annual figure was -$7.0 million, down 75.0% from the prior year.
- Exchange Rate Effect came in at -$19.0 million for Q2 2026 at Tencent Music Entertainment, down from -$7.0 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 -$19.0 million in Q2 2026.
- Average Exchange Rate Effect over 5 years is $1.3 million, with a median of -$1.5 million recorded in 2022.
- Year-over-year, Exchange Rate Effect jumped 2700.0% in 2022 and sank 637.52% in 2025.
- Over 5 years, Exchange Rate Effect stood at -$4.0 million in 2022, then increased by 23.61% to -$3.1 million in 2023, then tumbled by 63.64% to -$5.0 million in 2024, then changed by 0.0% to -$5.0 million in 2025, then sank by 280.0% to -$19.0 million in 2026.
- Per Business Quant data, the three most recent Exchange Rate Effect figures were -$19.0 million in Q2 2026, -$7.0 million in Q1 2026, and -$5.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 320.19 Bn | 311.06 Bn | 6.52 Bn | -19.63 Mn |
| 2 | Spotify Technology | 108.64 Bn | 97.73 Bn | 1.86 Bn | 26.73 Mn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | -19.00 Mn |
| 4 | Huya | 471.18 Mn | 110.92 Mn | 37.58 Mn | - |
| 5 | iQIYI | 405.33 Mn | -65.56 Mn | 152.37 Mn | -1.23 Mn |
| 6 | FuboTV | 313.61 Mn | -138.81 Mn | 399.10 Mn | - |
| 7 | Kaltura | 216.95 Mn | 185.65 Mn | 34.54 Mn | 128,000.00 |
| 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 | -19,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.00 Mn |
| Mar 31, 2026 | -7.00 Mn |
| Dec 31, 2025 | -5.00 Mn |
| Sep 30, 2025 | -9.00 Mn |
| Jun 30, 2025 | 4.00 Mn |
| Mar 31, 2025 | 2.00 Mn |
| Dec 31, 2024 | -5.00 Mn |
| Sep 30, 2024 | 1.67 Mn |
| Jun 30, 2024 | 1.00 Mn |
| Mar 31, 2024 | -2.00 Mn |
| Dec 31, 2023 | -3.06 Mn |
| Sep 30, 2023 | -3.00 Mn |
| Jun 30, 2023 | 17.00 Mn |
| Mar 31, 2023 | -1.00 Mn |
| Dec 31, 2022 | -4.00 Mn |
| Sep 30, 2022 | 28.00 Mn |
| Jun 30, 2022 | 28.66 Mn |
| Mar 31, 2022 | -1.00 Mn |
| Dec 31, 2021 | -3.00 Mn |
| Sep 30, 2021 | 1.00 Mn |