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 Reddit 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
DateValue
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