Tencent Music Entertainment (TME) Amortization - Intangibles (2019 - 2026)
Tencent Music Entertainment's Amortization - Intangibles came in at $17 million for Q1 2023, down 10.5% from $19 million a year earlier and down 5.6% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) Amortization - Intangibles (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2023, Tencent Music Entertainment reported Amortization - Intangibles of $71 million, down 9.0% year-over-year; for FY2022, it came in at $72 million, down 5.3% from FY2021.
- Amortization - Intangibles carries a five-year compound annual growth rate of 8.1% (FY2017 to FY2022).
- Going back by year, Amortization - Intangibles was $76 million in FY2021 (+26.7%), $60 million in FY2020 (+15.4%), $52 million in FY2019 (+44.4%) and $36 million in FY2018 (-26.1%).
- The five-year range for quarterly Amortization - Intangibles is $10 million (Q4 2018) to $20 million (Q4 2021).
- Year-over-year, Amortization - Intangibles has declined for four consecutive quarters, with growth averaging 9.1% over the last eight quarters.
- The fastest year-over-year change in Amortization - Intangibles over five years came in Q1 2021 (growth of 41.7%), and the weakest in Q1 2023 (a decline of 10.5%).
- Business Quant data shows TME's Amortization - Intangibles at $18 million (Q4 2022), $18 million (Q3 2022) and $18 million (Q2 2022) in the three quarters before Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.06 Mn |
| Mar 31, 2026 | 12.85 Mn |
| Dec 31, 2025 | 13.39 Mn |
| Sep 30, 2025 | 13.55 Mn |
| Jun 30, 2025 | 12.30 Mn |
| Mar 31, 2025 | 14.44 Mn |
| Dec 31, 2024 | 15.31 Mn |
| Sep 30, 2024 | 15.21 Mn |
| Jun 30, 2024 | 14.23 Mn |
| Mar 31, 2024 | 16.50 Mn |
| Dec 31, 2023 | 15.42 Mn |
| Sep 30, 2023 | 13.96 Mn |
| Jun 30, 2023 | 16.56 Mn |
| Mar 31, 2023 | 17.10 Mn |
| Dec 31, 2022 | 17.72 Mn |
| Sep 30, 2022 | 19.01 Mn |
| Jun 30, 2022 | 18.35 Mn |
| Mar 31, 2022 | 19.06 Mn |
| Dec 31, 2021 | 19.86 Mn |
| Sep 30, 2021 | 19.63 Mn |
API Access
Tencent Music Entertainment Amortization - Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=amortization-intangibles&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "amortization-intangibles", "ticker": "TME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=amortization-intangibles&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();