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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 44.92 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 30.12 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | -23.25 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -5.66 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 1.13 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | - |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 22.95 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 17.31 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 55.68 Mn |
Historic Data
Download Data
Historic 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 |