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 Reddit 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
DateValue
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