Tencent Music Entertainment (TME) Equity Income (2018 - 2022)
Tencent Music Entertainment (TME) posted Equity Income of $3.0 million for Q1 2022, up 200.0% sequentially from -$3.0 million in Q2 2021, and up 175.0% YoY from $1.1 million in Q1 2021.
Tencent Music Entertainment (TME) Equity Income (2018 - 2022) Analysis & Trends
Tencent Music Entertainment has reported Equity Income for 5 years, with the latest figure at $3.0 million in Q1 2022.
- Quarterly Equity Income rose 175.0% year-over-year to $3.0 million in Q1 2022, while the trailing twelve-month figure through Mar 2022 was -$5.0 million (up 27.09% YoY) and the FY2025 annual result came in at $6.3 million, down 53.97% from the prior year.
- Equity Income advanced to $3.0 million in Q1 2022 per TME's latest filing, from -$3.0 million in the prior quarter.
- Over five years, Equity Income peaked at $3.3 million in Q4 2018 and troughed at -$4.0 million in Q1 2021.
- A 5-year average of -$595903.2 and a median of -$870215.3 in 2019 frame the typical range for Equity Income.
- The sharpest annual moves came in 2021 and 2022: Equity Income plunged 200.0% in 2021, then surged 175.0% in 2022.
- Over 5 years, Equity Income stood at $3.3 million in 2018, then sank by 95.73% to $141880.8 in 2019, then slumped by 804.82% to -$1.0 million in 2020, then slumped by 200.0% to -$3.0 million in 2021, then surged by 200.0% to $3.0 million in 2022.
- According to Business Quant data, Equity Income over the past three periods registered $3.0 million, -$3.0 million, and -$4.0 million for Q1 2022, Q2 2021, and Q1 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | - |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | - |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | - |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | - |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | 11.87 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | - |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | - | |
| 10 | Tencent Music Entertainment | 26.85 Bn | 24.15 Bn | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 3.00 Mn |
| Jun 30, 2021 | -3.00 Mn |
| Mar 31, 2021 | -4.00 Mn |
| Jun 30, 2020 | -1.00 Mn |
| Mar 31, 2020 | -2.00 Mn |
| Dec 31, 2019 | 141,880.77 |
| Mar 31, 2019 | -740,430.51 |
| Dec 31, 2018 | 3.33 Mn |
| Sep 30, 2018 | -588,247.28 |
| Jun 30, 2018 | -1.10 Mn |