Tencent Music Entertainment Group logo

TME

Tencent Music Entertainment Group

$6.3

Earnings Summary

Revenue
$7286Mn
Net Profits
$1298Mn
Net Profit Margins
17.81%

Highlights

Revenue:

Tencent Music Entertainment Group’s revenue jumped 5.52% since last year same period to $7286Mn in the Q2 2023. On a quarterly growth basis, Tencent Music Entertainment Group has generated 4.03% jump in its revenue since last 3-months.

Net Profits:

Tencent Music Entertainment Group’s net profit jumped 51.64% since last year same period to $1298Mn in the Q2 2023. On a quarterly growth basis, Tencent Music Entertainment Group has generated 13.07% jump in its net profits since last 3-months.

Net Profit Margins:

Tencent Music Entertainment Group’s net profit margin jumped 43.71% since last year same period to 17.81% in the Q2 2023. On a quarterly growth basis, Tencent Music Entertainment Group has generated 8.69% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Tencent Music Entertainment Group post its latest quarter earnings

EPS Estimate Current Quarter
0.12
EPS Estimate Current Year
0.12

Highlights

EPS Estimate Current Quarter:

Tencent Music Entertainment Group’s earning per share (EPS) estimates for the current quarter stand at 0.12 - a -83.1% fall from last quarter’s estimates.

EPS Estimate Current Year:

Tencent Music Entertainment Group’s earning per share (EPS) estimates for the current year stand at 0.12.

Key Ratios

Key ratios of the Tencent Music Entertainment Group post its Q1 2023 earnings

Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.09

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Tencent Music Entertainment Group’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Tencent Music Entertainment Group’s return on equity (ROE) stands at 0.09.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
0.56
0.63
12.5%
2022-09-30
0.71
0.86
21.13%
2022-03-31
0.53
0.54
1.89%