Tencent Music Entertainment Group (Tencent Music Entertainment Group) EBIT per Share : $0.55 (TTM As of Dec. 2023)

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What is Tencent Music Entertainment Group EBIT per Share?

Tencent Music Entertainment Group's EBIT per Share for the three months ended in Dec. 2023 was $0.15. Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.55.

During the past 12 months, the average EBIT per Share Growth Rate of Tencent Music Entertainment Group was 40.60% per year. During the past 3 years, the average EBIT per Share Growth Rate was 6.80% per year. During the past 5 years, the average EBIT per Share Growth Rate was 3.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Tencent Music Entertainment Group's EBIT per Share or its related term are showing as below:

TME' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -3.3 Med: 6.8 Max: 251
Current: 6.8

During the past 8 years, the highest 3-Year average EBIT per Share Growth Rate of Tencent Music Entertainment Group was 251.00% per year. The lowest was -3.30% per year. And the median was 6.80% per year.

TME's 3-Year EBIT Growth Rate is ranked better than
57.04% of 405 companies
in the Interactive Media industry
Industry Median: 1 vs TME: 6.80

Tencent Music Entertainment Group's EBIT for the three months ended in Dec. 2023 was $240 Mil.

Tencent Music Entertainment Group EBIT per Share Historical Data

The historical data trend for Tencent Music Entertainment Group's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tencent Music Entertainment Group EBIT per Share Chart

Tencent Music Entertainment Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT per Share

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0.39

0.43

0.35

0.40

0.55

Tencent Music Entertainment Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT per Share	Get a 7-Day Free Trial															0.13	0.13	0.14	0.13	0.15

Tencent Music Entertainment Group EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Tencent Music Entertainment Group's EBIT per Share for the fiscal year that ended in Dec. 2023 is calculated as

	EBIT per Share		(A: Dec. 2023 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	863.981	/	1584.193
=	0.55

Tencent Music Entertainment Group's EBIT per Share for the quarter that ended in Dec. 2023 is calculated as

	EBIT per Share		(Q: Dec. 2023 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	240.469	/	1578.637
=	0.15

EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.55

Tencent Music Entertainment Group (NYSE:TME) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.

Tencent Music Entertainment Group EBIT per Share Related Terms

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Tencent Music Entertainment Group (Tencent Music Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tencent Music Entertainment Group (NYSE:TME) » Definitions » EBIT per Share

Comparable Companies

Traded in Other Exchanges

01698:Hong Kong 0A2Z:UK 63TA:Germany

Address

Kexing Science Park, Kejizhongsan Avenue, Unit 3, Building D, Hi-Tech Park, Nanshan District, Shenzhen, CHN, 518057

Website

https://www.tencentmusic.com

TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.