Tencent Music Entertainment (TCMEF) Gross Margin (2016 - 2022)

Tencent Music Entertainment has disclosed Gross Margin across 5 years of filings, most recently posting 29.87% for Q2 2022.

• Gross Margin for Q2 2022 came in at 29.87%, down 55.0% year-over-year; the trailing twelve-month figure through Jun 2022 was 30.91% (down 688.0% YoY), and the FY2025 annual result was 44.79%, up 314.0% from the prior year.
• Gross Margin came in at 29.87% for Q2 2022 at Tencent Music Entertainment, down from 30.42% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 40.89% in Q1 2018 to a low of 29.87% in Q2 2022.
• The 4-year median for Gross Margin is 34.35% (2019), against an average of 35.16%.
• Peak annual rise in Gross Margin reached 30 bps in 2019, while the deepest fall reached 692 bps in 2019.
• Tencent Music Entertainment's Gross Margin stood at 34.21% in 2018, then climbed by 1 bps to 34.5% in 2019, then fell by 12 bps to 30.42% in 2021, then dropped by 2 bps to 29.87% in 2022.
• The last three Gross Margin figures came in at 29.87% (Q2 2022), 30.42% (Q2 2021), and 34.5% (Q4 2019), per Business Quant data.