Tencent Music Entertainment (TME) Change in Intangibles (2021 - 2022)
Tencent Music Entertainment's (TME) quarterly Change in Intangibles came in at -$15.0 million in Q2 2022, up 71.55% year-on-year from -$8.8 million in Q2 2021, and up 19.93% quarter-over-quarter from -$18.7 million in Q1 2022.
Tencent Music Entertainment (TME) Change in Intangibles (2021 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed Change in Intangibles across 2 years of filings, most recently posting -$15.0 million for Q2 2022.
- Change in Intangibles for Q2 2022 came in at -$15.0 million, up 71.55% year-over-year; the trailing twelve-month figure through Jun 2022 was -$111.4 million (changed N/A YoY), and the FY2021 annual result was -$171.3 million, down 188.81% from the prior year.
- Change in Intangibles came in at -$15.0 million for Q2 2022 at Tencent Music Entertainment, up from -$18.7 million in the prior quarter.
- In the past five years, Change in Intangibles ranged from a high of -$15.0 million in Q2 2022 to a low of -$52.8 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | - |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | - |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | - |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | - |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | - | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | - | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | - |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | - |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 10.00 Mn |
| 10 | Tencent Music Entertainment | 2.62 Bn | 1.40 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 |