Tencent Music Entertainment (TME) EBIT Margin (2016 - 2022)
Tencent Music Entertainment's (TME) quarterly EBIT Margin came in at 14.9% in Q2 2022, up 199.0% year-over-year from 4.98% in Q2 2021, and up 32.17% quarter-over-quarter from 11.27% in Q1 2022.
Analysis
Tencent Music Entertainment (TME) EBIT Margin (2016 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed EBIT Margin across 5 years of filings, most recently posting 14.9% for Q2 2022.
- In Q2 2022, EBIT Margin rose 199.0% year-over-year to 14.9%; the TTM figure through Jun 2022 stood at 11.52% (down 485.0% YoY), while the FY2025 annual figure was 41.19%, up 1102.0% from the prior year.
- EBIT Margin came in at 14.9% for Q2 2022 at Tencent Music Entertainment, up from 11.27% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 22.67% in Q1 2018 to a low of 18.06% in Q4 2018.
- Average EBIT Margin over 4 years is 14.67%, with a median of 17.63% recorded in 2019.
- The largest YoY upside for EBIT Margin was 3478 bps in 2019 against a maximum downside of 399 bps in 2019.
- Over 4 years, EBIT Margin stood at 18.06% in 2018, then soared by 193 bps to 16.72% in 2019, then fell by 23 bps to 12.91% in 2021, then climbed by 15 bps to 14.9% in 2022.
- Per Business Quant data, the three most recent EBIT Margin figures were 14.9% in Q2 2022, 11.27% in Q1 2022, and 12.91% in Q2 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | 33.38% |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | 13.71% |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | - |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | 8.32% |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | -1.67% |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | -0.40% |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | -294.65% |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | -1.65% |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | 39.49% |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | -16.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 18.63% |
| Jun 30, 2019 | 18.53% |
| 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% |