Tencent Music Entertainment Group (TME)
Tencent Music Entertainment Group Return on Capital Employed (ROCE)
| Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|
| Return on Capital Employed (ROCE) | 0.4% | 5.5% | 5.8% | 9.8% | 8.3% | 4.0% | 7.0% | 8.8% |
Tencent Music Entertainment Group (TME) Return on Capital Employed (ROCE) comparison analysis
TME key stats
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FAQ
1) What is Tencent Music Entertainment Group's Return on Capital Employed (ROCE)?
As of today, Microsoft Corp's last 12-month Return on Capital Employed (ROCE) is 9.4%, based on the financial report for Sep 30, 2024 (Q3 2024). The average annual Return on Capital Employed (ROCE) for Tencent Music Entertainment Group have been 7.4% over the past three years, and 7.9% over the past five years.
2) Is Tencent Music Entertainment Group's Return on Capital Employed (ROCE) Good?
As of today, Tencent Music Entertainment Group's Return on Capital Employed (ROCE) is 9.4%, which is higher than industry median of (3.6%). It indicates that Tencent Music Entertainment Group's Return on Capital Employed (ROCE) is Good.