Tencent Music Entertainment Group
NYSE:TME
Gross Margin
Tencent Music Entertainment Group
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Gross Margin Comparison
Tencent Music Entertainment Group Competitors
Country | CN |
Market Cap | 21.1B USD |
Gross Margin |
35%
|
Country | US |
Market Cap | 250B USD |
Gross Margin |
42%
|
Country | US |
Market Cap | 213.9B USD |
Gross Margin |
34%
|
Country | LU |
Market Cap | 59.8B USD |
Gross Margin |
26%
|
Country | NL |
Market Cap | 49.5B EUR |
Gross Margin |
44%
|
Country | US |
Market Cap | 21B USD |
Gross Margin |
27%
|
Country | US |
Market Cap | 20.6B USD |
Gross Margin |
41%
|
Country | FR |
Market Cap | 18.3B EUR |
Gross Margin |
32%
|
Country | US |
Market Cap | 16.6B USD |
Gross Margin |
48%
|
Country | US |
Market Cap | 8.9B USD |
Gross Margin |
46%
|
Country | DE |
Market Cap | 8B EUR |
Gross Margin |
25%
|
Profitability Report
View the profitability report to see the full profitability analysis for Tencent Music Entertainment Group.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Tencent Music Entertainment Group's most recent financial statements, the company has Gross Margin of 35.3%.