Tencent Music Entertainment (TME) FCF Margin (2018 - 2022)
Tencent Music Entertainment's (TME) quarterly FCF Margin came in at 18.33% in Q2 2022, up 593.0% year-over-year from 2.65% in Q2 2021, and down 51.51% quarter-over-quarter from 37.81% in Q1 2022.
Analysis
Tencent Music Entertainment (TME) FCF Margin (2018 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed FCF Margin across 4 years of filings, most recently posting 18.33% for Q2 2022.
- In Q2 2022, FCF Margin rose 593.0% year-over-year to 18.33%; the TTM figure through Jun 2022 stood at 21.22% (up 283.0% YoY), while the FY2025 annual figure was 32.46%, down 427.0% from the prior year.
- FCF Margin came in at 18.33% for Q2 2022 at Tencent Music Entertainment, down from 37.81% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 44.02% in Q2 2018 to a low of 1.8% in Q1 2018.
- Average FCF Margin over 4 years is 25.45%, with a median of 26.25% recorded in 2019.
- The largest YoY upside for FCF Margin was 1424 bps in 2019 against a maximum downside of 1189 bps in 2019.
- Over 4 years, FCF Margin stood at 36.0% in 2018, then decreased by 22 bps to 28.22% in 2019, then plunged by 56 bps to 12.41% in 2021, then soared by 48 bps to 18.33% in 2022.
- Per Business Quant data, the three most recent FCF Margin figures were 18.33% in Q2 2022, 37.81% in Q1 2022, and 12.41% in Q2 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | 12.14% |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | 17.50% |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | - |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | -83.86% |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | 5.72% |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | - |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | -46.77% |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | -5.45% |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | - |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | -4.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 18.33% |
| Mar 31, 2022 | 37.81% |
| Jun 30, 2021 | 12.41% |
| Mar 31, 2021 | 24.28% |
| Dec 31, 2019 | 28.22% |
| Sep 30, 2019 | 21.20% |
| Jun 30, 2019 | 32.26% |
| Mar 31, 2019 | 16.04% |
| Dec 31, 2018 | 36.00% |
| Sep 30, 2018 | 33.09% |
| Jun 30, 2018 | 44.02% |
| Mar 31, 2018 | 1.80% |