TME
Tencent Music Entertainment Group (TME)
Last Price$14.21.3%
Market Cap$22.0B
LTM Return on Assets (ROA)
5.7%
5Y avg
5.2%
Internet Content & Information industry median
(3.2%)
Stock quality & Intrinsic value
7/10
0.1% undervalued

Tencent Music Entertainment Group Return on Assets (ROA)

Annual
Quarterly
LTM
Industry median
Company stand-alone
TME
Communication Services
Crunching data... Almost there!
Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
Return on Assets (ROA)
0.5%
6.0%
5.4%
9.3%
7.7%
5.4%
6.5%
8.5%
TME
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Tencent Music Entertainment Group (TME) Return on Assets (ROA) comparison analysis

TME key stats

USD
CNY
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
% growth
656.9
0.0%
1,624.9
147.4%
2,873.4
76.8%
3,682.3
28.1%
4,226.8
14.8%
4,842.4
14.6%
4,218.7
(12.9%)
3,921.0
(7.1%)
Cost of Goods Sold (COGS)471.31,061.11,772.02,426.62,878.13,384.92,912.72,537.1
% margin
185.6
28.3%
563.8
34.7%
1,101.4
38.3%
1,255.7
34.1%
1,348.7
31.9%
1,457.5
30.1%
1,306.0
31.0%
1,383.9
35.3%
Operating Expenses171.6355.7601.2686.8808.51,036.4827.2527.9
Research & Development Expenses (R&D)67.6117.9141.8167.8241.7362.5384.10.0
Selling, General & Administrative Expenses (SG&A)172.9360.2601.2686.8808.51,036.4827.2709.0
15.5
2.4%
235.7
14.5%
308.6
10.7%
669.2
18.2%
682.9
16.2%
426.5
8.8%
661.4
15.7%
856.1
21.8%
Interest Income4.813.842.789.090.282.1105.8148.6
Interest Expense0.00.05.39.314.118.816.117.5
Pre-tax Income17.2236.3303.2657.3671.6562.9651.0854.1
% effective tax rate
4.4
25.4%
41.1
17.4%
25.9
8.5%
81.5
12.4%
66.1
9.8%
64.6
11.5%
79.5
12.2%
116.6
13.6%
% margin
12.4
1.9%
196.2
12.1%
277.4
9.7%
576.5
15.7%
602.4
14.3%
469.5
9.7%
547.4
13.0%
695.1
17.7%
EPS0.010.120.180.350.360.280.170.44
Diluted EPS0.010.120.180.340.360.280.170.44
% margin
49.6
7.5%
292.4
18.0%
364.3
12.7%
751.5
20.4%
805.4
19.1%
736.7
15.2%
840.8
19.9%
1,013.5
25.8%

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FAQ

1) What is Tencent Music Entertainment Group's Return on Assets (ROA)?

As of today, Microsoft Corp's last 12-month Return on Assets (ROA) is 5.7%, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Return on Assets (ROA) for Tencent Music Entertainment Group have been 4.5% over the past three years, and 5.4% over the past five years.

2) Is Tencent Music Entertainment Group's Return on Assets (ROA) Good?

As of today, Tencent Music Entertainment Group's Return on Assets (ROA) is 5.7%, which is higher than industry median of (3.2%). It indicates that Tencent Music Entertainment Group's Return on Assets (ROA) is Good.

3) How does Tencent Music Entertainment Group's Return on Assets (ROA) compare to its peers?

As of today, Tencent Music Entertainment Group's Return on Assets (ROA) is 5.7%, which is higher than peer median of 2.4%. The list of peers includes PINS, META, GOOG, SPOT, BIDU, DASH, TWLO, Z, SNAP, RDDT.