Tencent Music Entertainment (TME) EBT Margin (2016 - 2022)
Tencent Music Entertainment's (TME) quarterly EBT Margin came in at 14.52% in Q2 2022, up 225.0% year-over-year from 4.47% in Q2 2021, and up 29.88% quarter-over-quarter from 11.18% in Q1 2022.
Analysis
Tencent Music Entertainment (TME) EBT Margin (2016 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed EBT Margin across 5 years of filings, most recently posting 14.52% for Q2 2022.
- In Q2 2022, EBT Margin rose 225.0% year-over-year to 14.52%; the TTM figure through Jun 2022 stood at 11.21% (down 478.0% YoY), while the FY2025 annual figure was 40.94%, up 1074.0% from the prior year.
- EBT Margin came in at 14.52% for Q2 2022 at Tencent Music Entertainment, up from 11.18% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 22.47% in Q1 2018 to a low of 18.06% in Q4 2018.
- Average EBT Margin over 4 years is 14.3%, with a median of 17.22% recorded in 2019.
- The largest YoY upside for EBT Margin was 3459 bps in 2019 against a maximum downside of 424 bps in 2019.
- Over 4 years, EBT Margin stood at 18.06% in 2018, then jumped by 191 bps to 16.53% in 2019, then dropped by 26 bps to 12.27% in 2021, then advanced by 18 bps to 14.52% in 2022.
- Per Business Quant data, the three most recent EBT Margin figures were 14.52% in Q2 2022, 11.18% in Q1 2022, and 12.27% in Q2 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | 32.39% |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | 15.07% |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | - |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | -48.48% |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | -1.75% |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | 0.09% |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | -375.39% |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | -6.58% |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | 40.08% |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | -18.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 14.52% |
| Mar 31, 2022 | 11.18% |
| Jun 30, 2021 | 12.27% |
| Mar 31, 2021 | 14.00% |
| Dec 31, 2019 | 16.53% |
| Sep 30, 2019 | 17.91% |
| Jun 30, 2019 | 17.93% |
| Mar 31, 2019 | 19.65% |
| Dec 31, 2018 | -18.06% |
| Sep 30, 2018 | 21.11% |
| Jun 30, 2018 | 22.16% |
| Mar 31, 2018 | 22.47% |
| Dec 31, 2016 | 1.19% |