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

Tencent Music Entertainment (TCMEF) has 5 years of Gross Margin data on file, last reported at 29.41% in Q2 2022.

• Quarterly Gross Margin fell 101.0% year-over-year to 29.41% in Q2 2022, while the trailing twelve-month figure through Jun 2022 was 28.7% (down 610.0% YoY) and the FY2025 annual result came in at 44.79%, up 314.0% from the prior year.
• Gross Margin climbed to 29.41% in Q2 2022 per TCMEF's latest filing, from 27.99% in the prior quarter.
• The five-year high for Gross Margin was 40.89% in Q1 2018, with the low at 27.99% in Q1 2022.
• Average Gross Margin over 4 years is 34.19%, with a median of 34.08% recorded in 2019.
• The widest YoY moves for Gross Margin: up 30 bps in 2019, down 692 bps in 2019.
• Tencent Music Entertainment's Gross Margin stood at 34.21% in 2018, then rose by 1 bps to 34.5% in 2019, then slipped by 12 bps to 30.42% in 2021, then dropped by 3 bps to 29.41% in 2022.
• Business Quant data shows TCMEF's Gross Margin at 29.41% in Q2 2022, 27.99% in Q1 2022, and 30.42% in Q2 2021.