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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 2.87% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 17.50% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 1,357.29% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 32.39% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | - |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 22.88% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 41.32% |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 7.54% |
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 | 20.77% |
| Jun 30, 2019 | 32.01% |
| Mar 31, 2019 | 16.14% |
| Dec 31, 2018 | 36.00% |
| Sep 30, 2018 | 33.09% |
| Jun 30, 2018 | 44.02% |
| Mar 31, 2018 | 1.80% |