Tencent Music Entertainment Ratios (2016-2025) | TME

Ratios Dec2016 Dec2017 Mar2018 Jun2018 Sep2018 Dec2018 Mar2019 Jun2019 Sep2019 Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Profitability
Gross Margin 40.89%39.86%39.50%34.02%35.44%32.91%33.98%34.11%9,885.00%12,764.71%5,852.38%14,983.33%7,954.84%30.43%7,696.67%7,070.97%6,200.00%29.88%10,012.50%7,893.55%6,808.82%5,945.24%6,691.43%8,803.33%9,236.67%11,576.92%3,083.51%-5,513.56%12,968.00%31,241.67%11,506.25%
EBT Margin 22.47%22.16%21.11%-17.95%19.61%17.97%17.95%16.28%5,080.00%6,364.71%2,978.57%7,127.78%3,567.74%12.29%2,966.67%2,103.23%2,463.33%14.71%5,187.50%4,429.03%4,020.59%3,654.76%4,111.43%5,680.00%6,370.00%8,561.54%2,140.21%-4,235.59%19,336.00%24,850.00%8,403.13%
EBIT Margin 22.67%22.52%21.37%-17.97%20.00%18.40%18.26%16.48%5,235.00%6,511.76%3,000.00%7,200.00%3,754.84%12.92%3,063.33%2,200.00%2,496.67%15.13%5,254.17%4,477.42%4,061.76%3,664.29%4,071.43%5,713.33%6,530.00%8,453.85%2,210.31%-4,083.05%19,344.00%24,816.67%8,468.75%
EBITDA Margin 22.67%22.52%21.37%-17.97%20.00%18.40%18.26%16.48%5,235.00%6,511.76%3,000.00%7,200.00%3,754.84%12.92%3,063.33%2,200.00%2,496.67%15.13%5,254.17%10,219.35%4,061.76%3,664.29%4,071.43%21,800.00%6,530.00%8,453.85%2,210.31%-4,083.05%19,344.00%24,816.67%8,468.75%
Operating Margin 22.67%22.52%21.37%-17.97%20.00%18.40%18.26%16.48%5,235.00%6,511.76%3,000.00%7,200.00%3,754.84%12.92%3,063.33%2,200.00%2,496.67%15.13%5,254.17%4,477.42%4,061.76%3,664.29%4,071.43%5,713.33%6,530.00%8,453.85%2,210.31%-4,083.05%19,344.00%24,816.67%8,468.75%
Net Margin 20.43%20.08%19.40%-16.23%17.21%15.72%15.77%14.29%4,435.00%5,523.53%2,695.24%6,650.00%2,987.10%10.33%2,466.67%1,729.03%2,030.00%12.40%4,420.83%4,638.71%3,376.47%3,090.48%3,337.14%5,250.00%4,740.00%6,469.23%1,631.96%-3,864.41%17,164.00%20,075.00%6,728.12%
FCF Margin 1.80%44.02%33.09%35.80%16.14%32.03%20.78%27.88%5,330.00%8,464.71%1,228.57%10,355.56%6,054.84%12.41%5,316.67%2,651.61%8,373.33%18.33%5,216.67%8,045.16%5,447.06%4,921.43%4,117.14%6,590.00%8,953.33%11,323.08%2,231.96%-4,203.39%10,076.00%13,650.00%11,509.38%
Efficiency
Inventory Average 0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.00B0.01B
Assets Average 3.29B6.67B7.03B7.15B7.30B7.50B7.88B8.75B9.78B10.40B10.52B10.40B10.39B10.46B10.23B9.91B9.59B9.76B10.22B10.22B10.29B10.78B11.23B13.04B14.20B14.78B
Equity Average 3.49B5.64B5.91B5.97B6.06B6.24B6.62B7.04B7.54B8.01B8.03B7.87B7.85B7.81B7.40B7.03B6.91B7.18B7.55B7.55B7.70B8.12B8.38B9.76B10.84B11.58B
Invested Capital 3.02B3.95B5.46B5.82B6.00B5.93B6.20B6.29B6.95B7.13B7.96B8.05B8.01B7.72B7.99B7.63B7.16B6.90B6.91B7.45B7.65B7.46B7.95B8.30B8.46B9.61B10.07B11.60B11.56B
Asset Utilization Ratio 0.870.460.460.480.500.380.250.120.000.000.120.120.120.120.100.110.110.110.000.000.000.000.000.000.000.00
Leverage & Solvency
Interest Coverage Ratio -116.63-112.67-118.00107.78-67.47-49.32-66.00-171.71-52.35-65.12-30.00-72.00-37.55-35.69-30.63-22.00-24.97-45.43-52.54-44.77-40.62-36.64-40.71-57.13-65.30-84.54-22.1040.83-193.44-248.17-84.69
Equity Ratio 23.740.870.850.840.840.830.830.840.840.770.770.770.760.750.760.730.710.710.730.740.740.740.760.750.740.750.750.780.79
Times Interest Earned -116.63-112.67-118.00107.78-67.47-49.32-66.00-171.71-52.35-65.12-30.00-72.00-37.55-35.69-30.63-22.00-24.97-45.43-52.54-44.77-40.62-36.64-40.71-57.13-65.30-84.54-22.1040.83-193.44-248.17-84.69
Dividends & Payouts
FCF Payout Ratio 0.00
Valuation
Enterprise Value -0.45B-0.78B-1.22B-1.50B-1.70B-2.99B-2.57B-2.84B-2.86B-2.19B-2.21B-2.18B-2.23B-3.92B-2.11B-2.08B-1.90B-3.03B-1.49B-1.69B-1.47B-2.93B-1.78B-1.85B-1.71B-3.26B-1.90B-2.01B-1.89B-1.83B-1.66B-1.52B-1.57B
Return Ratios
Return on Sales 0.25%0.24%0.23%-0.20%0.22%0.20%0.20%0.18%57.30%71.82%32.55%75.22%39.77%0.14%33.07%23.45%27.63%0.17%58.21%49.71%45.12%41.00%46.14%66.63%76.40%102.23%25.19%-49.53%211.20%291.42%98.94%
Return on Capital Employed 0.13%0.06%0.06%0.06%0.11%0.10%0.10%0.09%0.08%0.08%0.08%0.08%0.07%0.06%0.06%0.07%0.08%0.09%0.09%0.09%0.10%0.10%0.11%0.15%0.14%0.14%
Return on Invested Capital 0.07%0.07%0.07%0.12%0.12%0.11%0.10%0.10%0.10%0.10%0.09%0.08%0.08%0.08%0.09%0.11%0.12%0.12%0.12%0.13%0.13%0.14%0.19%0.18%0.18%
Return on Assets 0.10%0.06%0.05%0.06%0.10%0.10%0.09%0.08%0.08%0.07%0.07%0.07%0.06%0.05%0.06%0.06%0.08%0.08%0.09%0.09%0.09%0.10%0.11%0.14%0.14%0.14%
Return on Equity 0.07%0.06%0.07%0.12%0.11%0.11%0.10%0.10%0.10%0.09%0.09%0.08%0.07%0.08%0.09%0.10%0.11%0.12%0.12%0.13%0.13%0.14%0.19%0.18%0.18%