TM

Tencent Music Entertainment GroupNYSE TME Stock Report

Last reporting period 31 Dec, 2023

Updated 19 Sep, 2024

Last price

Market cap $B

15.963

Large

Exchange

XNYS - New York Stock Exchange, Inc

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Return on invested capital ROIC

10 %

Last period ROIC


What is ROIC ?

The return on invested capital ratio shows how much Net Operating Profit after Tax a company earns per unit of funds involved in its core business. The value of 20% is the benchmark for Eyestock Rating calculation.

What is ROIC ?

The return on invested capital ratio shows how much Net Operating Profit after Tax a company earns per unit of funds involved in its core business. The value of 20% is the benchmark for Eyestock Rating calculation.

What is ROIC of Tencent Music ?

Tencent Music`s ROIC for the last twelve months ended 2023-12-31 is 10 %

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