Tencent Music Entertainment (TME) Capital Expenditures (2021 - 2022)
Tencent Music Entertainment's (TME) quarterly Capital Expenditures came in at -$3.8 million in Q2 2022, up 51.0% year-over-year from -$2.5 million in Q2 2021, and down 33.68% quarter-over-quarter from -$2.8 million in Q1 2022.
Analysis
Tencent Music Entertainment (TME) Capital Expenditures (2021 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed Capital Expenditures across 2 years of filings, most recently posting -$3.8 million for Q2 2022.
- In Q2 2022, Capital Expenditures rose 51.0% year-over-year to -$3.8 million; the TTM figure through Jun 2022 stood at -$20.4 million (changed N/A YoY), while the FY2025 annual figure was -$43.0 million, up 3.17% from the prior year.
- Capital Expenditures came in at -$3.8 million for Q2 2022 at Tencent Music Entertainment, down from -$2.8 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of -$2.8 million in Q1 2022 to a low of -$7.7 million in Q2 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | 218.64 Mn |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | -23.25 Mn |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | - |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | -5.92 Mn |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | -2.94 Mn |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | - |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | - |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | 604,000.00 |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | - |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | 272,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | -3.79 Mn |
| Mar 31, 2022 | -2.84 Mn |
| Jun 30, 2021 | -7.74 Mn |
| Mar 31, 2021 | -6.02 Mn |