Tencent Music Entertainment Group Gross Margin 2018-2024 | TME

Tencent Music Entertainment Group gross margin for the quarter ending June 30, 2024 was 39.26%.

  • Tencent Music Entertainment Group average gross margin for 2023 was 33.72%, a 13.19% increase from 2022.
  • Tencent Music Entertainment Group average gross margin for 2022 was 29.79%, a 4.4% increase from 2021.
  • Tencent Music Entertainment Group average gross margin for 2021 was 31.16%, a 4.18% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Tencent Music Entertainment Group Gross Margin 2018-2024 | TME

  • Tencent Music Entertainment Group average gross margin for 2023 was 33.72%, a 13.19% increase from 2022.
  • Tencent Music Entertainment Group average gross margin for 2022 was 29.79%, a 4.4% increase from 2021.
  • Tencent Music Entertainment Group average gross margin for 2021 was 31.16%, a 4.18% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
Related Stocks
Company NameMarket
Cap
RELX (RELX)$89.1B
Airbnb (ABNB)$78.4B
Nebius Group (NBIS)$6.9B
Yelp (YELP)$2.3B
Genius Sports (GENI)$1.8B
Weibo (WB)$1.7B
Angi (ANGI)$1.4B
Opera (OPRA)$1.3B
Shutterstock (SSTK)$1.2B
TechTarget (TTGT)$711M
Similarweb (SMWB)$681M
GRAVITY (GRVY)$410M
Perion Network (PERI)$385M
Zhihu (ZH)$330M
Tucows (TCX)$246M
Tuniu (TOUR)$100M
RDE (GIFT)$92M
Brightcove (BCOV)$91M
DHI (DHX)$79M
WiMi Hologram Cloud (WIMI)$72M
The9 (NCTY)$62M
PodcastOne (PODC)$40M
VS MEDIA Holdings (VSME)$2M
Global Eagle Entertainment (GEENQ)$0M