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Tencent Music Entertainment Group
NYSE:TME

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Tencent Music Entertainment Group Logo
Tencent Music Entertainment Group
NYSE:TME
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Price: 12.52 USD -0.08% Market Closed
Updated: Apr 25, 2024

Net Margin
Tencent Music Entertainment Group

17.7%
Current
13%
Average
0.2%
Industry
Positive for the last year
17.7%
Positive average
13%
Better than average
Better than industry value

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
17.7%
=
Net Income
4.9B
/
Revenue
27.8B

Net Margin Across Competitors

Net Margin Comparison
Tencent Music Entertainment Group Competitors

Country CN
Market Cap 21.5B USD
Net Margin
18%
Country US
Market Cap 243.8B USD
Net Margin
16%
Country US
Market Cap 210.9B USD
Net Margin
3%
Country LU
Market Cap 56.7B USD
Net Margin
-4%
Country NL
Market Cap 49.1B EUR
Net Margin
11%
Country US
Market Cap 20.7B USD
Net Margin
1%
Country US
Market Cap 19.9B USD
Net Margin
-8%
Country FR
Market Cap 18.2B EUR
Net Margin
22%
Country US
Market Cap 16.3B USD
Net Margin
7%
Country US
Market Cap 8.9B USD
Net Margin
-20%
Country DE
Market Cap 7.9B EUR
Net Margin
12%

Profitability Report

View the profitability report to see the full profitability analysis for Tencent Music Entertainment Group.

See Also

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
17.7%
=
Net Income
4.9B
/
Revenue
27.8B
What is the Net Margin of Tencent Music Entertainment Group?

Based on Tencent Music Entertainment Group's most recent financial statements, the company has Net Margin of 17.7%.