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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |