Tencent Music Entertainment (TCMEF) Net Margin (2016 - 2022)
Tencent Music Entertainment recorded quarterly Net Margin of 12.42% in Q2 2022, up 20.2% quarter-over-quarter from 10.33% in Q2 2021, and up 209.0% year-over-year from 4.02% in Q2 2021.
Tencent Music Entertainment's Net Margin history runs 5 years deep, the most recent figure standing at 12.42% for Q2 2022.
- In Q2 2022, Net Margin rose 209.0% year-over-year to 12.42%; the TTM figure through Jun 2022 stood at 10.02% (down 520.0% YoY), while the FY2025 annual figure was 34.08%, up 750.0% from the prior year.
- Net Margin came in at 12.42% for Q2 2022 at Tencent Music Entertainment, up from 10.33% 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.
- A 4-year average of 13.0% and a median of 15.96% in 2019 frame the typical range for Net Margin.
- On a YoY basis, Net Margin climbed as much as 3077 bps in 2019 and fell as far as 424 bps in 2019.
- Tencent Music Entertainment's Net Margin stood at 16.27% in 2018, then soared by 189 bps to 14.5% in 2019, then fell by 29 bps to 10.33% in 2021, then increased by 20 bps to 12.42% in 2022.
- According to Business Quant data, Net Margin over the past three periods registered 12.42%, 10.33%, and 14.5% for Q2 2022, Q2 2021, and Q4 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 56.94% |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 47.54% |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 15.91% |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 30.75% | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 155.44% |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | -7.30% | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 55.91% |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | -5.82% |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 19.31% |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 12.42% |
| Jun 30, 2021 | 10.33% |
| Dec 31, 2019 | 14.50% |
| Sep 30, 2019 | 16.09% |
| Jun 30, 2019 | 15.83% |
| Mar 31, 2019 | 17.19% |
| Dec 31, 2018 | -16.27% |
| Sep 30, 2018 | 19.40% |
| Jun 30, 2018 | 20.08% |
| Mar 31, 2018 | 20.43% |
| Dec 31, 2016 | 3.02% |