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) Net Margin (2016 - 2022)

Tencent Music Entertainment's (TCMEF) quarterly Net Margin came in at 12.22% in Q2 2022, up 190.0% year-over-year from 4.22% in Q2 2021, and up 33.3% quarter-over-quarter from 9.17% in Q1 2022.

Analysis

Tencent Music Entertainment (TCMEF) Net Margin (2016 - 2022) Analysis & Trends

Tencent Music Entertainment has disclosed Net Margin across 5 years of filings, most recently posting 12.22% for Q2 2022.

  • In Q2 2022, Net Margin rose 190.0% year-over-year to 12.22%; the TTM figure through Jun 2022 stood at 9.3% (down 472.0% YoY), while the FY2025 annual figure was 34.08%, up 750.0% from the prior year.
  • Net Margin came in at 12.22% for Q2 2022 at Tencent Music Entertainment, up from 9.17% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 20.43% in Q1 2018 to a low of 16.27% in Q4 2018.
  • Average Net Margin over 4 years is 12.55%, with a median of 15.16% recorded in 2019.
  • The largest YoY upside for Net Margin was 3077 bps in 2019 against a maximum downside of 424 bps in 2019.
  • Over 4 years, Net Margin stood at 16.27% in 2018, then surged by 189 bps to 14.5% in 2019, then declined by 29 bps to 10.33% in 2021, then rose by 18 bps to 12.22% in 2022.
  • Per Business Quant data, the three most recent Net Margin figures were 12.22% in Q2 2022, 9.17% in Q1 2022, and 10.33% in Q2 2021.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Netflix 320.19 Bn 311.06 Bn 6.52 Bn 27.08%
2 Spotify Technology 108.64 Bn 97.73 Bn 1.86 Bn 11.41%
3 Tencent Music Entertainment 7.00 Bn 3.91 Bn 582.00 Mn -
4 Huya 471.18 Mn 110.92 Mn 37.58 Mn 2.09%
5 iQIYI 405.33 Mn -65.56 Mn 152.37 Mn -4.57%
6 FuboTV 313.61 Mn -138.81 Mn 399.10 Mn -48.15%
7 Kaltura 216.95 Mn 185.65 Mn 34.54 Mn -11.82%
8 CuriosityStream 153.89 Mn 105.50 Mn 16.93 Mn 38.21%
9 LiveOne 52.71 Mn 44.05 Mn 3.94 Mn -14.72%
10 Cineverse 46.61 Mn 42.29 Mn 10.66 Mn -18.86%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2022 12.22%
Mar 31, 2022 9.17%
Jun 30, 2021 10.33%
Mar 31, 2021 11.68%
Dec 31, 2019 14.50%
Sep 30, 2019 16.09%
Jun 30, 2019 15.83%
Mar 31, 2019 17.09%
Dec 31, 2018 -16.27%
Sep 30, 2018 19.40%
Jun 30, 2018 20.08%
Mar 31, 2018 20.43%
Dec 31, 2016 1.19%