Tencent Music Entertainment Group (TME)
11.29
-0.29
(-2.50%)
USD |
NYSE |
Apr 19, 10:47
Tencent Music Entertainment Group Profit Margin (Quarterly): 18.95% for Dec. 31, 2023
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| 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
18.95%
Maximum
Dec 2023
13.88%
Average
14.36%
Median
Dec 2020
Profit Margin (Quarterly) Benchmarks
| iQIYI Inc | 6.05% |
| HUYA Inc | 0.73% |
| 36KR Holdings Inc | -19.51% |
| Weibo Corp | 17.53% |
| Hello Group Inc | 17.96% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 9.19% |
| Return on Assets | 6.90% |
| Return on Invested Capital | 8.32% |
| Gross Profit Margin (Quarterly) | 38.31% |
| Operating Margin (Quarterly) | 19.95% |
| Return on Net Operating Assets | 16.37% |