Tencent Music Entertainment (TME) Capital Expenditures (2021 - 2022)
Tencent Music Entertainment (TME) posted Capital Expenditures of -$3.8 million for Q2 2022, down 33.68% sequentially from -$2.8 million in Q1 2022, and up 51.0% YoY from -$2.5 million in Q2 2021.
Tencent Music Entertainment (TME) Capital Expenditures (2021 - 2022) Analysis & Trends
Tencent Music Entertainment has reported Capital Expenditures for 2 years, with the latest figure at -$3.8 million in Q2 2022.
- Quarterly Capital Expenditures rose 51.0% year-over-year to -$3.8 million in Q2 2022, while the trailing twelve-month figure through Jun 2022 was -$20.4 million (changed N/A YoY) and the FY2025 annual result came in at $43.0 million, down 3.17% from the prior year.
- Capital Expenditures eased to -$3.8 million in Q2 2022 per TME's latest filing, from -$2.8 million in the prior quarter.
- Over five years, Capital Expenditures peaked at -$2.8 million in Q1 2022 and troughed at -$7.7 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,206.86 Bn | 3,777.82 Bn | 73.85 Bn | 44.92 Bn |
| 2 | Meta Platforms | 1,538.10 Bn | 1,447.84 Bn | 49.47 Bn | 30.12 Bn |
| 3 | Taboola.com | 1,136.28 Bn | 1,136.15 Bn | 139.48 Mn | - |
| 4 | Baidu | 289.19 Bn | 284.70 Bn | 1.88 Mn | -857.00 Mn |
| 5 | Spotify Technology | 102.90 Bn | 92.66 Bn | 1.75 Bn | -5.85 Mn |
| 6 | Joyy | 77.62 Bn | 76.74 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.31 Bn | 39.68 Bn | 295.20 Mn | -2.47 Bn |
| 9 | 30.48 Bn | 27.70 Bn | 734.60 Mn | 1.13 Mn | |
| 10 | Tencent Music Entertainment | 26.96 Bn | 24.26 Bn | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | -3.79 Mn |
| Jun 30, 2022 | -3.79 Mn |
| Mar 31, 2022 | -2.84 Mn |
| Mar 31, 2022 | -2.84 Mn |
| Jun 30, 2021 | -7.74 Mn |
| Jun 30, 2021 | -7.74 Mn |
| Mar 31, 2021 | -6.02 Mn |
| Mar 31, 2021 | -6.02 Mn |