Tencent Music Entertainment (TME) Net Margin (2016 - 2022)
Tencent Music Entertainment (TME) posted Net Margin of 12.22% for Q2 2022, up 33.3% sequentially from 9.17% in Q1 2022, and up 190.0% YoY from 4.22% in Q2 2021.
Analysis
Tencent Music Entertainment (TME) Net Margin (2016 - 2022) Analysis & Trends
Tencent Music Entertainment has reported Net Margin for 5 years, with the latest figure at 12.22% in Q2 2022.
- Quarterly Net Margin rose 190.0% year-over-year to 12.22% in Q2 2022, while the trailing twelve-month figure through Jun 2022 was 9.32% (down 478.0% YoY) and the FY2025 annual result came in at 34.08%, up 750.0% from the prior year.
- Net Margin improved to 12.22% in Q2 2022 per TME's latest filing, from 9.17% in the prior quarter.
- Over five years, Net Margin peaked at 20.43% in Q1 2018 and troughed at 16.27% in Q4 2018.
- A 4-year average of 12.51% and a median of 15.11% in 2019 frame the typical range for Net Margin.
- The widest YoY moves for Net Margin: up 3077 bps in 2019, down 436 bps in 2019.
- Over 4 years, Net Margin stood at 16.27% in 2018, then jumped by 189 bps to 14.5% in 2019, then retreated by 29 bps to 10.33% in 2021, then advanced by 18 bps to 12.22% in 2022.
- According to Business Quant data, Net Margin over the past three periods registered 12.22%, 9.17%, and 10.33% for Q2 2022, Q1 2022, and Q2 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 26.07% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 11.41% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -2.47% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 31.41% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 4.33% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -3.96% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 19.99% |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | -10.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 12.22% |
| Mar 31, 2022 | 9.17% |
| Jun 30, 2021 | 10.33% |
| Mar 31, 2021 | 11.68% |
| Dec 31, 2019 | 14.50% |
| Sep 30, 2019 | 15.82% |
| Jun 30, 2019 | 15.72% |
| Mar 31, 2019 | 17.19% |
| Dec 31, 2018 | -16.27% |
| Sep 30, 2018 | 19.40% |
| Jun 30, 2018 | 20.08% |
| Mar 31, 2018 | 20.43% |
| Dec 31, 2016 | 1.19% |