Net Profit Margin ratio Analysis of Tencent Music Entertainment Grp - Deep Dive
Latest FY NPM
Period Ending - Dec-23
Good NPM
16.85
Period Ending - Dec-22
Indecisive NPM
12.98
Growth
29.84 %
Trailing Twelve Months NPM
Period Ending - Dec-23
Good NPM
18.37
Most recent Quarter NPM
Period Ending - Mar-24
Good NPM
18.95
NPM Analysis of Tencent Music Entertainment Grp
NPM Ratio of TME rose handsomely by 29.84 % this year. |
NPM Ratio with value of 16.85 was highest in Year Dec-23 in last Five Years. |
NPM Ratio with value of 9.69 was lowest in Year Dec-21 in last Five Years. |
Latest NPM Ratio with value of 16.85 is Greater than Average NPM of 13.89 in last five years. |
Other NPM Related Info of TME that may interest you.
Tencent Music Entertainment Grp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
TME | 14.45 | 15.17 | 4.75 % | Internet Content & Information |
Defination of Net Profit Margin
Net Margin is the company's Net Profit divided by the Total Revenue. This profitability metric indicates how much a net profit is generated for each rupee of revenue earned. In simple terms, it tells how much the company is generating profit for each rupee of revenue earned in percentage. It measures the company's profitability and management's capability to manage its expenses to generate profit. more ..NPM Related Ratios
ReturnOnEquity | EBITDAMargin |
Tsr Profitability Index
Low Profitability Stock |
FY - Historical Net Profit Margin of Tencent Music Entertainment Grp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
NPM | 16.85 | 12.98 | 9.69 | 14.25 | 15.66 | 9.65 | 12.08 |
Change | 29.84 % | 33.84 % | -31.98 % | -8.97 % | 62.16 % | -20.04 % | 542.21 % |
FY Chart of Net Profit Margin of Tencent Music Entertainment Grp
Note : All Data Generated at the End of Trading Hours (EOD Data)