Tencent Music Gross Profit Over Time
| TME Stock | USD 11.53 0.01 0.09% |
With this module, investors can use any or all of fundamental ratio historical patterns as a complementary method for asset selection as well as a tool for deciding entry and exit points. Many technical investors use fundamentals to limit their universe of possible portfolio assets.
Check out Tencent Music Performance and Tencent Music Correlation. Tencent |
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tencent Music. If investors know Tencent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tencent Music listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.351 | Earnings Share 0.49 | Revenue Per Share 18.009 | Quarterly Revenue Growth 0.068 | Return On Assets 0.0543 |
The market value of Tencent Music Entert is measured differently than its book value, which is the value of Tencent that is recorded on the company's balance sheet. Investors also form their own opinion of Tencent Music's value that differs from its market value or its book value, called intrinsic value, which is Tencent Music's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tencent Music's market value can be influenced by many factors that don't directly affect Tencent Music's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tencent Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tencent Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tencent Music's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cross Equities Gross Profit Analysis
Compare Tencent Music Entert and related stocks such as Baidu Inc, Twilio Inc, and Spotify Technology Gross Profit Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BIDU | 19.9 M | 10.6 B | 15.9 B | 20.5 B | 30.2 B | 38.9 B | 35.3 B | 41.7 B | 50.5 B | 44.6 B | 51.9 B | 60.2 B | 59.7 B | 69.6 B | 73 B |
| TWLO | 24.1 M | 24.1 M | 24.1 M | 24.1 M | 47.4 M | 92.5 M | 156.8 M | 216.1 M | 349.2 M | 608.9 M | 915.7 M | 1.4 B | 1.8 B | 2 B | 2.1 B |
| SPOT | 226 M | 226 M | 226 M | 226 M | 226 M | 226 M | 401 M | 849 M | 1.4 B | 1.7 B | 2 B | 2.6 B | 2.9 B | 3.4 B | 1.9 B |
| WB | (29.5 M) | (29.5 M) | 19.5 M | 128.4 M | 250.6 M | 335.9 M | 484.6 M | 918.8 M | 1.4 B | 1.4 B | 1.4 B | 1.9 B | 1.4 B | 1.4 B | 935 M |
| YY | 565.5 K | 21.8 M | 64.7 M | 155.4 M | 294.9 M | 357 M | 446.5 M | 699.7 M | 835.4 M | 1.2 B | 569.6 M | 837.9 M | 852.1 M | 813 M | 524.8 M |
| DOYU | (368.2 M) | (368.2 M) | (368.2 M) | (368.2 M) | (368.2 M) | (368.2 M) | (368.2 M) | (4.7 M) | 151 M | 1.2 B | 1.6 B | 1.1 B | 990.1 M | 684 M | 728.6 M |
| ATHM | 169 M | 302.6 M | 554.3 M | 964.3 M | 1.8 B | 2.8 B | 3.6 B | 4.9 B | 6.4 B | 7.5 B | 7.7 B | 6.2 B | 5.7 B | 5.8 B | 4.3 B |
| MOMO | 1.2 M | 1.2 M | 1.2 M | 1.2 M | 179.8 M | 673 M | 2.2 B | 4.4 B | 6.2 B | 8.5 B | 7 B | 6.2 B | 5.3 B | 5 B | 4.6 B |
| YELP | 24.7 M | 77.4 M | 127.6 M | 216.4 M | 353.2 M | 498.7 M | 652.7 M | 776.3 M | 884.9 M | 951.8 M | 815.7 M | 953.7 M | 1.1 B | 1.2 B | 637.1 M |
| ZH | 312.3 M | 312.3 M | 312.3 M | 312.3 M | 312.3 M | 312.3 M | 312.3 M | 312.3 M | 312.3 M | 312.3 M | 757.8 M | 1.6 B | 1.8 B | 2.3 B | 1.5 B |
| SNAP | (123.7 M) | (123.7 M) | (123.7 M) | (123.7 M) | (123.7 M) | (123.7 M) | (47.2 M) | 107.5 M | 381.6 M | 819.7 M | 1.3 B | 2.4 B | 2.8 B | 2.5 B | 2.6 B |
| GOOGL | (1000 K) | 24.7 B | 29.5 B | 34 B | 40.3 B | 46.8 B | 55.1 B | 65.3 B | 77.3 B | 90 B | 97.8 B | 146.7 B | 156.6 B | 174.1 B | 182.8 B |
| PINS | 138.9 M | 138.9 M | 138.9 M | 138.9 M | 138.9 M | 138.9 M | 138.9 M | 294.2 M | 514.3 M | 783.9 M | 1.2 B | 2 B | 2.1 B | 2.4 B | 1.3 B |
Tencent Music Entert and related stocks such as Baidu Inc, Twilio Inc, and Spotify Technology Gross Profit description
Gross profit is a required income statement account that reflects total revenue of Tencent Music Entertainment minus its cost of goods sold. It is profit before Tencent Music operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.My Equities
My Current Equities and Potential Positions
| Tencent Music Entertainment | TME |
| Classification | Music and Video |
| Location | China |
| Exchange | New York Stock Exchange |
USD 11.53
Check out Tencent Music Performance and Tencent Music Correlation. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Tencent Music technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.