Tencent Music Entertainment TCMEF
NYSE TCMEF
$4.45 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Tencent Music Entertainment (TCMEF) FCF Margin (2018 - 2022)

Tencent Music Entertainment's (TCMEF) quarterly FCF Margin came in at 18.33% in Q2 2022, up 593.0% year-over-year from 2.65% in Q2 2021, and down 51.51% quarter-over-quarter from 37.81% in Q1 2022.

Analysis

Tencent Music Entertainment (TCMEF) FCF Margin (2018 - 2022) Analysis & Trends

Tencent Music Entertainment has disclosed FCF Margin across 4 years of filings, most recently posting 18.33% for Q2 2022.

  • In Q2 2022, FCF Margin rose 593.0% year-over-year to 18.33%; the TTM figure through Jun 2022 stood at 21.22% (up 283.0% YoY), while the FY2025 annual figure was 32.46%, down 427.0% from the prior year.
  • FCF Margin came in at 18.33% for Q2 2022 at Tencent Music Entertainment, down from 37.81% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 44.02% in Q2 2018 to a low of 1.8% in Q1 2018.
  • Average FCF Margin over 4 years is 25.45%, with a median of 26.25% recorded in 2019.
  • The largest YoY upside for FCF Margin was 1424 bps in 2019 against a maximum downside of 1189 bps in 2019.
  • Over 4 years, FCF Margin stood at 36.0% in 2018, then decreased by 22 bps to 28.22% in 2019, then plunged by 56 bps to 12.41% in 2021, then soared by 48 bps to 18.33% in 2022.
  • Per Business Quant data, the three most recent FCF Margin figures were 18.33% in Q2 2022, 37.81% in Q1 2022, and 12.41% in Q2 2021.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Netflix 320.19 Bn 311.06 Bn 6.52 Bn 12.14%
2 Spotify Technology 108.64 Bn 97.73 Bn 1.86 Bn 17.50%
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 5.72%
6 FuboTV 313.61 Mn -138.81 Mn 399.10 Mn -83.86%
7 Kaltura 216.95 Mn 185.65 Mn 34.54 Mn -5.45%
8 CuriosityStream 153.89 Mn 105.50 Mn 16.93 Mn -
9 LiveOne 52.71 Mn 44.05 Mn 3.94 Mn -15.24%
10 Cineverse 46.61 Mn 42.29 Mn 10.66 Mn -4.16%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2022 18.33%
Mar 31, 2022 37.81%
Jun 30, 2021 12.41%
Mar 31, 2021 24.28%
Dec 31, 2019 28.22%
Sep 30, 2019 21.20%
Jun 30, 2019 32.26%
Mar 31, 2019 16.04%
Dec 31, 2018 36.00%
Sep 30, 2018 33.09%
Jun 30, 2018 44.02%
Mar 31, 2018 1.80%