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 71.85% of companies in Communication Services sector

Gross Margin Chart

SUGGESTED SERIES

Performance

TME Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin57.00%+37.4%+89.4%+83.2%+139.5%
Quarterly Gross Margin44.21%-0.5%+29.0%+45.3%+37.0%
Price$8.82-65.7%+36.1%-2.2%
PE Ratio10.57-62.5%-31.4%-57.3%
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 71.85% 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