Tencent Music Entertainment (TME) Net Margin (2016 - 2022)

Tencent Music Entertainment's (TME) quarterly Net Margin came in at 12.42% in Q2 2022, up 209.0% year-on-year from 4.02% in Q2 2021, and up 20.2% quarter-over-quarter from 10.33% in Q2 2021.

Tencent Music Entertainment (TME) Net Margin (2016 - 2022) Analysis & Trends

Tencent Music Entertainment has disclosed Net Margin across 5 years of filings, most recently posting 12.42% for Q2 2022.

  • Net Margin for Q2 2022 came in at 12.42%, up 209.0% year-over-year; the trailing twelve-month figure through Jun 2022 was 10.02% (down 520.0% YoY), and the FY2025 annual result was 34.08%, up 750.0% from the prior year.
  • Net Margin came in at 12.42% for Q2 2022 at Tencent Music Entertainment, up from 10.33% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 20.43% in Q1 2018 to a low of 16.27% in Q4 2018.
  • The 4-year median for Net Margin is 15.9% (2019), against an average of 12.98%.
  • Peak annual rise in Net Margin reached 3077 bps in 2019, while the deepest fall reached 436 bps in 2019.
  • Tencent Music Entertainment's Net Margin stood at 16.27% in 2018, then surged by 189 bps to 14.5% in 2019, then declined by 29 bps to 10.33% in 2021, then grew by 20 bps to 12.42% in 2022.
  • The last three Net Margin figures came in at 12.42% (Q2 2022), 10.33% (Q2 2021), and 14.5% (Q4 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 155.44%
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 56.94%
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 47.54%
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 15.91%
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 30.75%
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -7.30%
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 55.91%
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn -5.82%
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 6.50%
10 Tencent Music Entertainment 2.62 Bn 1.40 Bn 514.00 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2022 12.42%
Jun 30, 2021 10.33%
Dec 31, 2019 14.50%
Sep 30, 2019 16.09%
Jun 30, 2019 15.72%
Mar 31, 2019 17.09%
Dec 31, 2018 -16.27%
Sep 30, 2018 19.40%
Jun 30, 2018 20.08%
Mar 31, 2018 20.43%
Dec 31, 2016 3.02%