Tencent Music Entertainment Group (TME)
11.52
+0.08
(+0.70%)
USD |
NYSE |
Nov 21, 16:00
11.25
-0.27
(-2.34%)
Pre-Market: 09:02
Tencent Music Entertainment Group Profit Margin (Quarterly): 23.49% for June 30, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 23.49% |
| 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% |
| Date | Value |
|---|---|
| December 31, 2020 | 14.36% |
| 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
23.49%
Maximum
Jun 2024
14.57%
Average
14.36%
Median
Dec 2020
Profit Margin (Quarterly) Benchmarks
| iQIYI Inc | 0.92% |
| Hello Group Inc | 14.78% |
| Bilibili Inc | -1.09% |
| TuanChe Ltd | -- |
| Jiayin Group Inc | 18.66% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 9.61% |
| Return on Assets | 7.30% |
| Return on Invested Capital | 8.75% |
| Gross Profit Margin (Quarterly) | 42.04% |
| Operating Margin (Quarterly) | 26.01% |
| Return on Net Operating Assets | 17.60% |