Annual Gross Margin
35.29%
+4.33%+13.99%
December 31, 2023
Summary
- As of February 7, 2025, TME annual gross profit margin is 35.29%, with the most recent change of +4.33% (+13.99%) on December 31, 2023.
- During the last 3 years, TME annual gross margin has risen by +3.38% (+10.59%).
- TME annual gross margin is now -7.93% below its all-time high of 38.33%, reached on December 31, 2018.
Performance
TME Gross Margin Chart
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High & Low
Earnings dates
Quarterly Gross Margin
42.64%
+0.60%+1.43%
September 1, 2024
Summary
- As of February 7, 2025, TME quarterly gross profit margin is 42.64%, with the most recent change of +0.60% (+1.43%) on September 1, 2024.
- Over the past year, TME quarterly gross margin has increased by +0.60% (+1.43%).
- TME quarterly gross margin is now at all-time high.
Performance
TME Quarterly Gross Margin Chart
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Earnings dates
Gross Margin Formula
Gross Margin = Gross Profit
Revenue ✕ 100%
Revenue ✕ 100%
TME Gross Margin Trends
| PeriodPeriod | AnnualAnnual | QuarterlyQuarterly |
|---|---|---|
| 1 y1 year | +14.0% | +1.4% |
| 3 y3 years | +10.6% | +29.4% |
| 5 y5 years | -7.9% | +29.4% |
TME Gross Margin Highs & Lows
| PeriodPeriod | Annual vs highAnnual vs high | Annual vs lowAnnual vs low | Quarter. vs highQuarter. vs high | Quarter. vs lowQuarter. vs low | |
|---|---|---|---|---|---|
| 3 y | 3-year | at high | +17.2% | at high | +52.3% |
| 5 y | 5-year | at high | +17.2% | at high | +52.3% |
| alltime | all time | -7.9% | +24.9% | at high | +52.3% |
Tencent Music Entertainment Gross Margin History
| Date | Annual | Quarterly |
|---|---|---|
| Sep 2024 | - | 42.64%(+1.4%) |
| Jun 2024 | - | 42.04%(+2.7%) |
| Mar 2024 | - | 40.94%(+6.9%) |
| Dec 2023 | 35.29%(+14.0%) | 38.31%(+7.5%) |
| Sep 2023 | - | 35.65%(+4.0%) |
| Jun 2023 | - | 34.27%(+3.7%) |
| Mar 2023 | - | 33.05%(+0.3%) |
| Dec 2022 | 30.96%(+2.9%) | 32.96%(+1.0%) |
| Sep 2022 | - | 32.63%(+9.2%) |
| Jun 2022 | - | 29.88%(+6.7%) |
| Mar 2022 | - | 28.00%(-2.8%) |
| Dec 2021 | 30.10%(-5.7%) | 28.82%(-2.6%) |
| Sep 2021 | - | 29.58%(-2.8%) |
| Jun 2021 | - | 30.43%(-3.5%) |
| Mar 2021 | - | 31.52%(-2.6%) |
| Date | Annual | Quarterly |
|---|---|---|
| Dec 2020 | 31.91%(-6.4%) | 32.36%(-0.3%) |
| Sep 2020 | - | 32.45%(+3.7%) |
| Jun 2020 | - | 31.30%(-0.1%) |
| Mar 2020 | - | 31.33%(-8.2%) |
| Dec 2019 | 34.10%(-11.0%) | 34.11%(+0.4%) |
| Sep 2019 | - | 33.98%(+3.3%) |
| Jun 2019 | - | 32.91%(-7.1%) |
| Mar 2019 | - | 35.44%(+4.2%) |
| Dec 2018 | 38.33%(+10.5%) | 34.02%(-13.9%) |
| Sep 2018 | - | 39.50%(-0.9%) |
| Jun 2018 | - | 39.86%(-2.5%) |
| Mar 2018 | - | 40.89%(+5.2%) |
| Dec 2017 | 34.70%(+22.8%) | 38.87%(+9.4%) |
| Sep 2017 | - | 35.53% |
| Dec 2016 | 28.25% | - |
FAQ
- What is Tencent Music Entertainment annual gross profit margin?
- What is the all time high annual gross margin for Tencent Music Entertainment?
- What is Tencent Music Entertainment annual gross margin year-on-year change?
- What is Tencent Music Entertainment quarterly gross profit margin?
- What is the all time high quarterly gross margin for Tencent Music Entertainment?
- What is Tencent Music Entertainment quarterly gross margin year-on-year change?
What is Tencent Music Entertainment annual gross profit margin?
The current annual gross margin of TME is 35.29%
What is the all time high annual gross margin for Tencent Music Entertainment?
Tencent Music Entertainment all-time high annual gross profit margin is 38.33%
What is Tencent Music Entertainment annual gross margin year-on-year change?
Over the past year, TME annual gross profit margin has changed by +4.33% (+13.99%)
What is Tencent Music Entertainment quarterly gross profit margin?
The current quarterly gross margin of TME is 42.64%
What is the all time high quarterly gross margin for Tencent Music Entertainment?
Tencent Music Entertainment all-time high quarterly gross profit margin is 42.64%
What is Tencent Music Entertainment quarterly gross margin year-on-year change?
Over the past year, TME quarterly gross profit margin has changed by +0.60% (+1.43%)