Tencent Music Entertainment Group company logo
Tencent Music Entertainment Group logo

TME Gross Margin

Annual Gross Margin

57.00%15.52%+37.42%

Summary

Current Value
As of today, TME annual gross margin is 57.00%, up +37.42% on
Historical Performance
TME annual gross margin is up +89.43% over the past 3 years, up +83.16% over the past 5 years
All-Time High Comparison
TME annual gross margin is currently at its all-time high
3-Year Low Comparison
TME annual gross margin is +89.43% above its 3-year low of 30.09% reached on an earlier date
Sector Comparison
TME annual gross margin is higher than 70.11% of companies in Communication Services sector

Gross Margin Chart

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Performance

TME Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin57.00%+37.4%+89.4%+83.2%+139.5%
Quarterly Gross Margin56.41%+29.3%+71.2%+74.3%+74.9%
Price$9.43-36.0%+22.3%-53.1%
PE Ratio9.54-61.8%-58.4%-82.9%
Annual Revenue$4.58B+16.0%+8.8%+8.4%+597.3%
Annual Gross Profit$2.61B+59.4%+106.0%+98.5%+1569.7%
Annual Operating Margin41.06%+58.7%+261.8%+221.3%+2027.5%
Annual Net Margin34.51%+37.9%+154.7%+141.0%+1669.7%

Gross Margin Highs

TME Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y57.00%at high
5Y57.00%at high
All57.00%at high

Gross Margin Lows

TME Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y30.09%N/A+89.4%
5Y29.35%+94.2%
All23.80%+139.5%

Gross Margin History

YearValueChange
57.00%+37.4%
41.48%+20.6%
34.40%+14.3%
30.09%+2.5%
29.35%-5.7%
YearValueChange
31.12%-6.4%
33.24%-10.3%
37.05%+15.5%
32.09%+34.8%
23.80%-

FAQ

  • What is the current annual gross margin of TME?

    As of today, TME annual gross margin is 57.00%

  • What is 1-year change in TME annual gross margin?

    TME annual gross margin is up +37.42% year-over-year

  • What is 3-year change in TME annual gross margin?

    TME annual gross margin is up +89.43% over the past 3 years

  • How far is TME annual gross margin from its all-time high?

    TME annual gross margin is currently at its all-time high

  • How does TME annual gross margin rank versus sector peers?

    TME annual gross margin is higher than 70.11% of companies in Communication Services sector

  • When is TME next annual earnings release?

    As of today, the next annual earnings release for TME has not been scheduled

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue
× 100%

Data Sources & References

  1. TME Official Website www.tencentmusic.com
  2. TME Profile on Yahoo Finance finance.yahoo.com/quote/TME
  3. TME Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/tme