Tencent Music Entertainment Group (TME)
14.80
+0.30
(+2.07%)
USD |
NYSE |
May 24, 16:00
14.80
0.00 (0.00%)
After-Hours: 20:00
Tencent Music Entertainment Group Profit Margin (Quarterly): 21.01% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 21.01% |
December 31, 2023 | 18.95% |
September 30, 2023 | 17.78% |
June 30, 2023 | 17.82% |
March 31, 2023 | 16.39% |
December 31, 2022 | 15.50% |
September 30, 2022 | 14.41% |
June 30, 2022 | 12.40% |
March 31, 2022 | 9.17% |
December 31, 2021 | 7.05% |
September 30, 2021 | 9.48% |
June 30, 2021 | 10.33% |
March 31, 2021 | 11.84% |
December 31, 2020 | 14.36% |
Date | Value |
---|---|
September 30, 2020 | 14.94% |
June 30, 2020 | 13.55% |
March 31, 2020 | 14.05% |
December 31, 2019 | 14.29% |
September 30, 2019 | 15.77% |
June 30, 2019 | 15.72% |
March 31, 2019 | 17.21% |
December 31, 2018 | -16.23% |
September 30, 2018 | 19.40% |
June 30, 2018 | 20.08% |
March 31, 2018 | 20.43% |
December 31, 2017 | 14.95% |
September 30, 2017 | 13.54% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
7.05%
Minimum
Dec 2021
21.01%
Maximum
Mar 2024
14.24%
Average
14.38%
Median
Profit Margin (Quarterly) Benchmarks
HUYA Inc | 4.72% |
Baidu Inc | 7.44% |
iQIYI Inc | 8.27% |
36KR Holdings Inc | -18.15% |
Weibo Corp | 12.50% |
Profit Margin (Quarterly) Related Metrics
Return on Equity | 9.25% |
Return on Assets | 7.01% |
Return on Invested Capital | 8.41% |
Gross Profit Margin (Quarterly) | 40.94% |
Operating Margin (Quarterly) | 24.16% |
Return on Net Operating Assets | 16.37% |