Tencent Music Entertainment (TME) EBIT Margin (2016 - 2022)

Tencent Music Entertainment (TME) posted EBIT Margin of 14.9% for Q2 2022, up 32.17% sequentially from 11.27% in Q1 2022, and up 199.0% YoY from 4.98% in Q2 2021.

Tencent Music Entertainment (TME) EBIT Margin (2016 - 2022) Analysis & Trends

Tencent Music Entertainment has reported EBIT Margin for 5 years, with the latest figure at 14.9% in Q2 2022.

  • Quarterly EBIT Margin rose 199.0% year-over-year to 14.9% in Q2 2022, while the trailing twelve-month figure through Jun 2022 was 11.54% (down 492.0% YoY) and the FY2025 annual result came in at 41.19%, up 1102.0% from the prior year.
  • EBIT Margin climbed to 14.9% in Q2 2022 per TME's latest filing, from 11.27% in the prior quarter.
  • Over five years, EBIT Margin peaked at 22.67% in Q1 2018 and troughed at 18.06% in Q4 2018.
  • A 4-year average of 14.63% and a median of 17.48% in 2019 frame the typical range for EBIT Margin.
  • The widest YoY moves for EBIT Margin: up 3478 bps in 2019, down 412 bps in 2019.
  • Over 4 years, EBIT Margin stood at 18.06% in 2018, then surged by 193 bps to 16.72% in 2019, then decreased by 23 bps to 12.91% in 2021, then increased by 15 bps to 14.9% in 2022.
  • According to Business Quant data, EBIT Margin over the past three periods registered 14.9%, 11.27%, and 12.91% for Q2 2022, Q1 2022, and Q2 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Alphabet 4,239.00 Bn 3,809.96 Bn 73.85 Bn 34.03%
2 Meta Platforms 1,535.20 Bn 1,444.94 Bn 49.47 Bn 30.88%
3 Taboola.com 1,139.07 Bn 1,138.93 Bn 139.48 Mn 1.52%
4 Baidu 289.02 Bn 284.53 Bn 1.88 Mn 10.61%
5 Spotify Technology 102.92 Bn 92.68 Bn 1.75 Bn 23.32%
6 Joyy 77.84 Bn 76.96 Bn 205.64 Mn 3.14%
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 18.99%
8 Nebius 49.06 Bn 39.43 Bn 295.20 Mn -32.08%
9 Reddit 30.48 Bn 27.70 Bn 734.60 Mn 28.79%
10 Tencent Music Entertainment 27.04 Bn 24.34 Bn 514.00 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2022 14.90%
Mar 31, 2022 11.27%
Jun 30, 2021 12.91%
Mar 31, 2021 14.75%
Dec 31, 2019 16.72%
Sep 30, 2019 18.24%
Jun 30, 2019 18.39%
Mar 31, 2019 19.87%
Dec 31, 2018 -18.06%
Sep 30, 2018 21.37%
Jun 30, 2018 22.52%
Mar 31, 2018 22.67%
Dec 31, 2016 0.94%