Tencent Music Entertainment (TME) FCF Margin (2018 - 2022)

Tencent Music Entertainment (TME) posted FCF Margin of 18.33% for Q2 2022, down 51.51% sequentially from 37.81% in Q1 2022, and up 593.0% YoY from 2.65% in Q2 2021.

Tencent Music Entertainment (TME) FCF Margin (2018 - 2022) Analysis & Trends

Tencent Music Entertainment has reported FCF Margin for 4 years, with the latest figure at 18.33% in Q2 2022.

  • Quarterly FCF Margin rose 593.0% year-over-year to 18.33% in Q2 2022, while the trailing twelve-month figure through Jun 2022 was 21.25% (up 283.0% YoY) and the FY2025 annual result came in at 30.61%, down 388.0% from the prior year.
  • FCF Margin slipped to 18.33% in Q2 2022 per TME's latest filing, from 37.81% in the prior quarter.
  • Over five years, FCF Margin peaked at 44.02% in Q2 2018 and troughed at 1.8% in Q1 2018.
  • A 4-year average of 25.4% and a median of 26.25% in 2019 frame the typical range for FCF Margin.
  • The widest YoY moves for FCF Margin: up 1424 bps in 2019, down 1232 bps in 2019.
  • Over 4 years, FCF Margin stood at 36.0% in 2018, then dropped by 22 bps to 28.22% in 2019, then slumped by 56 bps to 12.41% in 2021, then surged by 48 bps to 18.33% in 2022.
  • According to Business Quant data, FCF Margin over the past three periods registered 18.33%, 37.81%, and 12.41% for Q2 2022, Q1 2022, and Q2 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Alphabet 4,258.56 Bn 3,829.52 Bn 73.85 Bn -4.89%
2 Meta Platforms 1,543.00 Bn 1,452.74 Bn 49.47 Bn 2.87%
3 Taboola.com 1,143.24 Bn 1,143.10 Bn 139.48 Mn -
4 Baidu 288.89 Bn 284.40 Bn 1.88 Mn 26.66%
5 Spotify Technology 103.81 Bn 93.57 Bn 1.75 Bn 18.55%
6 Joyy 78.42 Bn 77.53 Bn 205.64 Mn -
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 54.09%
8 Nebius 48.95 Bn 39.32 Bn 295.20 Mn 1,185.69%
9 Reddit 30.75 Bn 27.97 Bn 734.60 Mn 32.39%
10 Tencent Music Entertainment 27.29 Bn 24.58 Bn 514.00 Mn -

Historic Data

Download Data
DateValue
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 20.77%
Jun 30, 2019 32.01%
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%