Earnings Summary

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.

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.

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.

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.

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

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.

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.