Tencent Music Entertainment Group
NYSE:TME
ROE
Return on Equity
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
ROE Across Competitors
ROE Comparison
Tencent Music Entertainment Group Competitors
Country | CN |
Market Cap | 19.3B USD |
ROE |
9%
|
Country | US |
Market Cap | 264.5B USD |
ROE |
26%
|
Country | US |
Market Cap | 213.2B USD |
ROE |
3%
|
Country | LU |
Market Cap | 58.3B USD |
ROE |
-22%
|
Country | NL |
Market Cap | 49.1B EUR |
ROE |
47%
|
Country | US |
Market Cap | 21.4B USD |
ROE |
-164%
|
Country | US |
Market Cap | 20B USD |
ROE |
-7%
|
Country | FR |
Market Cap | 18.2B EUR |
ROE |
14%
|
Country | US |
Market Cap | 17.2B USD |
ROE |
126%
|
Country | US |
Market Cap | 8.3B USD |
ROE |
-29%
|
Country | DE |
Market Cap | 7.8B EUR |
ROE |
34%
|
Profitability Report
View the profitability report to see the full profitability analysis for Tencent Music Entertainment Group.
See Also
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
Based on Tencent Music Entertainment Group's most recent financial statements, the company has ROE of 9.5%.