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 4,228.49 Bn 3,799.45 Bn 73.85 Bn -
2 Meta Platforms 1,535.92 Bn 1,445.66 Bn 49.47 Bn -
3 Taboola.com 1,134.89 Bn 1,134.76 Bn 139.48 Mn -
4 Baidu 289.51 Bn 285.02 Bn 1.88 Mn -
5 Spotify Technology 102.68 Bn 92.45 Bn 1.75 Bn -
6 Joyy 77.91 Bn 77.02 Bn 205.64 Mn 11.87 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 -
8 Nebius 49.37 Bn 39.74 Bn 295.20 Mn -
9 Reddit 30.48 Bn 27.69 Bn 734.60 Mn -
10 Tencent Music Entertainment 27.07 Bn 24.37 Bn 514.00 Mn -

Historic Data

Download Data
DateValue
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