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Tencent Music Entertainment Group  (TME)
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TME's Income Taxes Growth by Quarter and Year

Tencent Music Entertainment Group's Income Taxes results by quarter and year




TME Income Taxes (in millions $) FY 2022 FY 2021 FY 2020 FY 2019
IV Quarter December 79.30 61.92 67.72 83.61
III Quarter September 0.00 0.00 0.00 0.00
II Quarter June 0.00 0.00 0.00 0.00
I Quarter March 0.00 0.00 0.00 0.00
FY   79.30 61.92 67.72 83.61



TME Income Taxes fourth quarter 2022 Y/Y Growth Comment
Tencent Music Entertainment Group reported Income Taxes improvement of 28.07% year on year in the fourth quarter 2022, to $ 79.30 millions, this is lower than Tencent Music Entertainment Group's recent average Income Taxes rise of 57.43%.

According to the results reported in the fourth quarter 2022, Tencent Music Entertainment Group achieved the best Income Taxes growth in Broadcasting Media & Cable TV industry. While Tencent Music Entertainment Group' s Income Taxes rise of 28.07% ranks overall at the positon no. 217 in the fourth quarter 2022.

Explain Operating Income growth


TME Income Taxes ( Y/Y Growth %) 2022
2021 2020 2019
IV Quarter December 28.07 % -8.56 % -19 % 229.3 %
III Quarter September - - - -
II Quarter June - - - -
I Quarter March - - - -
FY   28.07 % -8.56 % -19 % 229.3 %

Financial Statements
Tencent Music Entertainment Group's fourth quarter 2022 Income Taxes $ 79.30 millions TME's Income Statement
Tencent Music Entertainment Group's fourth quarter 2021 Income Taxes $ 61.92 millions Quarterly TME's Income Statement
New: More TME's historic Income Taxes Growth >>


TME Income Taxes (Quarter on Quarter Growth %)

2022
2021 2020 2019
IV Quarter December - - - -
III Quarter September - - - -
II Quarter June - - - -
I Quarter March - - - -
FY (Year on Year)   28.07 % -8.56 % -19 % 229.3 %




Income Taxes fourth quarter 2022 Y/Y Growth Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry #1
Services Sector #23
Overall #217

Income Taxes Y/Y Growth Statistics
High Average Low
229.24 % 57.43 % -19.01 %
(Dec 31 2019)   (Dec 31 2020)
Income Taxes fourth quarter 2022 Y/Y Growth Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry #1
Services Sector #23
Overall #217
Income Taxes Y/Y Growth Statistics
High Average Low
229.24 % 57.43 % -19.01 %
(Dec 31 2019)   (Dec 31 2020)

Income Taxes by Quarter for the Fiscal Years 2019, 2020, 2021, 2022

Tencent Music Entertainment Group's Q/Q Income Taxes Growth


Income Taxes Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


TME's IV. Quarter Q/Q Income Taxes Comment


Income Taxes Q/Q Growth Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry #
Services Sector #
Overall #
Income Taxes Q/Q Growth Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry #
Services Sector #
Overall #
Income Taxes Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


TME's IV. Quarter Q/Q Income Taxes Comment


Tencent Music Entertainment Group's 12 Months Income Taxes Growth Year on Year


Income Taxes TTM Growth

12 Months Ending
(Dec 31 2022)
12 Months Ending
0
12 Months Ending
(Dec 31 2021)
12 Months Ending
0
12 Months Ending
(Dec 31 2020)
Cumulative Income Taxes 12 Months Ending $ 79.30 $ 0.00 $ 61.92 $ 0.00 $ 67.72
Y / Y Income Taxes Growth (TTM) 28.06 % - -8.55 % - -19.01 %
Year on Year Income Taxes Growth Overall Ranking # 217 # 0 # 0 # 0 # 228
Seqeuential Income Taxes Change (TTM) 28.06 % - -8.55 % - -19.01 %
Seq. Income Taxes Growth (TTM) Overall Ranking # 217 # 0 # 0 # 0 # 228




Cumulative Income Taxes growth Comment
Although Tencent Music Entertainment Group's Annual Income Taxes growth year on year were below company's average 57.43% , Income Taxes announced in the Dec 31 2022 period, show improvement in Income Taxes trend, to cumulative trailing twelve month growth of 28.06% year on year, from % in 0. And, Tencent Music Entertainment Group had the highest Income Taxes growth, in Broadcasting Media & Cable TV industry.

Within the Services sector 22 other companies have achieved higher trailing twelve month Income Taxes growth. While Income Taxes growth total ranking has deteriorated compare to previous quarter from 0 to 217.

Income Taxes TTM Q/Q Growth Statistics
High Average Low
229.24 %
57.43 %
-19.01 %
 

Income Taxes TTM Y/Y Growth Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry # 1
Services Sector # 23
Overall # 217

Income Taxes TTM Y/Y Growth Statistics
High Average Low
229.24 %
57.43 %
-19.01 %
 


Income Taxes TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 23
S&P 500 # 217
Cumulative Income Taxes growth Comment
Although Tencent Music Entertainment Group's Annual Income Taxes growth year on year were below company's average 57.43% , Income Taxes announced in the Dec 31 2022 period, show improvement in Income Taxes trend, to cumulative trailing twelve month growth of 28.06% year on year, from % in 0. And, Tencent Music Entertainment Group had the highest Income Taxes growth, in Broadcasting Media & Cable TV industry.

Within the Services sector 22 other companies have achieved higher trailing twelve month Income Taxes growth. While Income Taxes growth total ranking has deteriorated compare to previous quarter from 0 to 217.

Income Taxes TTM Q/Q Growth Statistics
High Average Low
229.24 %
57.43 %
-19.01 %
 


Income Taxes TTM Y/Y Growth Company Ranking
Within: No.
Broadcasting Media & Cable TV Industry # 1
Services Sector # 23
Overall # 217

Income Taxes TTM Y/Y Growth Statistics
High Average Low
229.24 %
57.43 %
-19.01 %
 


Income Taxes TTM Q/Q Growth Company Ranking
Within: No.
Industry # 1
Sector # 23
S&P 500 # 217




Other Income Taxes Growth
Broadcasting Media & Cable TV Industry Income Taxes Growth Trends and Statistics
Services Sector Income Taxes Growth Statistics
Income Taxes Growth Trends for overall market
TME's Income Taxes Growth Ratio versus Broadcasting Media & Cable TV Industry, Services Sector and total Market
Highest Ranking Income Taxes Growth
Lowest Ranking Income Taxes Growth
Income Taxes Growth for TME's Competitors
Income Taxes Growth for Tencent Music Entertainment Group's Suppliers
Income Taxes Growth for TME's Customers

You may also want to know
TME's Annual Growth Rates TME's Profitability Ratios TME's Asset Turnover Ratio TME's Dividend Growth
TME's Roe TME's Valuation Ratios TME's Financial Strength Ratios TME's Dividend Payout Ratio
TME's Roa TME's Inventory Turnover Ratio TME's Growth Rates TME's Dividend Comparisons



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