CSIMarket
 


Tencent Music Entertainment Group  (TME)
Other Ticker:  
 

Tencent Music Entertainment Group's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


Return On Equity (Dec 31 2020)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2019)
IV. Quarter
Y / Y Equity Change 20.73 % 20.73 % 20.73 % 20.73 % -
Y / Y Net Income Change 5 % - - - 117.09 %
Net Income (TTM) in Millions 620 591 591 591 591
Return On Equity (TTM) 7.92 % 7.88 % 8.25 % 8.66 % 9.11 %
Total Ranking # 1488 # 0 # 0 # 1749 #
Equity (TTM) in Millions 7,831 7,831 7,831 7,831 6,486
Seq. Equity Change 0 % 0 % 0 % 20.73 % 0 %
Seq. Net Income Change 0 % - - - 0 %


Roe Comment
Tencent Music Entertainment Group returned in IV. Quarter 7.92 % on shareholder's equity, that was lower than company average return on equity.

ROE improved compare to previous quarter, due to net income growth.

Within Services sector 144 other companies have achieved higher return on equity. While Return on equity total ranking has deteriorated compare to previous quarter from to 1491.

What is ROE?
Return On Equity Company Ranking
Within: No.
Industry # 12
Sector # 145
Overall # 1488

Return On Equity Statistics
High Average Low
9.11 %
8.51 %
7.92 %
(Dec 31 2019)   (Dec 31 2020)


Annual Return On Equity (Dec 31 2020)
2020
(Dec 31 2019)
2019
(Dec 31 2018)
2018


Total Equity in Millions 7,831 6,486 5,609 0 0
Y / Y Equity Change 20.73 % 15.64 % - - -
Net Income in Millions 620 591 272 0 0
Y / Y Net Income Change 5 % 117.09 % - - -
Return On Equity 7.92 % 9.11 % 4.85 % - -





Annual Roe Comment
In 2020 ROE detoriated to 7.92 %, despite net income growth.


Financial Statements
Tencent Music Entertainment Group's Equity $ 7,831 Millions TME's Balance sheet
Tencent Music Entertainment Group's Income $ 620 Millions Quarterly TME's Income Statement
TME's Income by Division See TME's Income by Division

More Return On Equity Ratios
Broadcasting Media & Cable TV Industry Roe Trends and Statistics
Services Sector Return On Equity Statistics
Roe Trends for overall market
TME's Roe Ratio versus Broadcasting Media & Cable TV Industry, Services Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for TME's Competitors
Return On Equity for Tencent Music Entertainment Group's Suppliers
Roe for TME's Customers

You may also want to know
TME's Roa TME's Inventory Turnover Ratio TME's Growth Rates TME's Dividend Statistics
TME's Annual Roe TME's Profitability Ratios TME's Asset Turnover Ratio TME's Dividend Growth
TME's Roi TME's Valuation Ratios TME's Financial Strength Ratios TME's Dividend Payout Ratio



Companies with similar Return On Equity at Dec 31 2020, within Services Sector ROE
Stamps com Inc  21.47 %
Waste Management Inc  21.18 %
Pldt Inc   20.54 %
Turkcell Iletisim Hizmetleri A S  20.40 %
Chipotle Mexican Grill inc   19.76 %
Restaurant Brands International Inc   19.69 %
Restaurant Brands International Limited Partnershi  19.69 %
Remax Holdings Inc   18.75 %
Barrett Business Services Inc  18.33 %
Ritchie Bros Auctioneers Incorporated  18.29 %
Mastech Digital Inc   18.05 %
Maximus inc   18.04 %
Yum China Holdings Inc   17.04 %
Alliance Data Systems Corp  16.81 %
Hackett Group Inc   16.72 %
Aixin Life International Inc   16.50 %
Nocopi Technologies Inc  16.35 %
America Movil Sab De Cv  16.20 %
Calix Inc  15.98 %
Mcgrath Rentcorp  15.54 %
Paltalk Inc   15.52 %
Grand Canyon Education inc   15.18 %
Dish Network Corporation  14.90 %
Netease Inc   14.86 %
Dlh Holdings Corp   14.82 %
Amerco  14.79 %
Virtra Inc  14.53 %
Fti Consulting Inc  14.47 %
Newater Technology Inc   14.32 %
Bbq Holdings Inc   14.15 %



Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

FRWAU's Profile

Stock Price

FRWAU's Financials

Business Description

Fundamentals

Charts & Quotes

FRWAU's News

Suppliers

FRWAU's Competitors

Customers & Markets

Economic Indicators

FRWAU's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Indices

Sectors & Industries

Financials

Commodities

Currencies

News


At a Glance

Stocks

Economy

Industries

Other

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.    Copyright © 2021 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071