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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 30.75% | |
| 6 | 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| Date | Value |
|---|---|
| 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% |