Revenue Breakdown
Composition ()
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Revenue Streams
Profitability & Margins
Evaluating the bottom line, Tencent Music Entertainment Group maintains a gross margin of 43.51%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 28.02%, while the net margin is 26.14%. These profitability ratios, combined with a Return on Equity (ROE) of 14.78%, provide a clear picture of how effectively TME converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, TME competes directly with industry leaders such as SPOT and TRI. With a market capitalization of $26.86B, it holds a significant position in the sector. When comparing efficiency, TME's gross margin of 43.51% stands against SPOT's 31.62% and TRI's 82.15%. Such benchmarking helps identify whether Tencent Music Entertainment Group is trading at a premium or discount relative to its financial performance.
