Tencent Music Entertainment (TME) Change in Intangibles (2021 - 2022)
Tencent Music Entertainment (TME) posted Change in Intangibles of -$15.0 million for Q2 2022, up 19.93% sequentially from -$18.7 million in Q1 2022, and up 71.55% YoY from -$8.8 million in Q2 2021.
Tencent Music Entertainment (TME) Change in Intangibles (2021 - 2022) Analysis & Trends
Tencent Music Entertainment has reported Change in Intangibles for 2 years, with the latest figure at -$15.0 million in Q2 2022.
- Quarterly Change in Intangibles rose 71.55% year-over-year to -$15.0 million in Q2 2022, while the trailing twelve-month figure through Jun 2022 was -$111.4 million (changed N/A YoY) and the FY2021 annual result came in at -$171.3 million, down 188.81% from the prior year.
- Change in Intangibles advanced to -$15.0 million in Q2 2022 per TME's latest filing, from -$18.7 million in the prior quarter.
- Over five years, Change in Intangibles peaked at -$15.0 million in Q2 2022 and troughed at -$52.8 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,200.36 Bn | 3,771.32 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,536.52 Bn | 1,446.26 Bn | 49.47 Bn | - |
| 3 | Taboola.com | 1,134.89 Bn | 1,134.76 Bn | 139.48 Mn | - |
| 4 | Baidu | 289.08 Bn | 284.59 Bn | 1.88 Mn | - |
| 5 | Spotify Technology | 102.96 Bn | 92.72 Bn | 1.75 Bn | - |
| 6 | Joyy | 77.48 Bn | 76.59 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.36 Bn | 39.73 Bn | 295.20 Mn | - |
| 9 | 30.41 Bn | 27.62 Bn | 734.60 Mn | - | |
| 10 | Tencent Music Entertainment | 27.11 Bn | 24.41 Bn | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | -15.01 Mn |
| Jun 30, 2022 | -15.01 Mn |
| Mar 31, 2022 | -18.75 Mn |
| Mar 31, 2022 | -18.75 Mn |
| Jun 30, 2021 | -52.77 Mn |
| Jun 30, 2021 | -52.77 Mn |
| Mar 31, 2021 | -24.84 Mn |
| Mar 31, 2021 | -24.84 Mn |