Tencent Return On Equity from 2010 to 2024
| TME Stock | USD 14.77 0.11 0.75% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.08800329 | Current Value 0.0499 | Quarterly Volatility 0.03541702 |
Check Tencent Music financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tencent main balance sheet or income statement drivers, such as Tax Provision of 450 M, Net Interest Income of 470.7 M or Interest Income of 1.1 B, as well as many exotic indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 0.0 or PTB Ratio of 1.72. Tencent financial statements analysis is a perfect complement when working with Tencent Music Valuation or Volatility modules.
Tencent | Return On Equity |
Latest Tencent Music's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Tencent Music Entertainment over the last few years. Return on Equity is the amount of Tencent Music Entert net income returned as a percentage of Tencent Music equity. Return on equity measures Tencent Music profitability by revealing how much profit Tencent Music Entertainment generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Tencent Music's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tencent Music's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0982 | 10 Years Trend |
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Return On Equity |
| Timeline |
Tencent Return On Equity Regression Statistics
| Arithmetic Mean | 0.04 | |
| Geometric Mean | 0.02 | |
| Coefficient Of Variation | 92.78 | |
| Mean Deviation | 0.03 | |
| Median | 0.05 | |
| Standard Deviation | 0.04 | |
| Sample Variance | 0 | |
| Range | 0.0874 | |
| R-Value | 0.84 | |
| Mean Square Error | 0.0004 | |
| R-Squared | 0.70 | |
| Significance | 0.000095 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.02 |
Tencent Return On Equity History
About Tencent Music Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Tencent Music income statement, its balance sheet, and the statement of cash flows. Tencent Music investors use historical funamental indicators, such as Tencent Music's Return On Equity, to determine how well the company is positioned to perform in the future. Although Tencent Music investors may use each financial statement separately, they are all related. The changes in Tencent Music's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tencent Music's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Tencent Music Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Tencent Music. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.09 | 0.05 |
Tencent Music Investors Sentiment
The influence of Tencent Music's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Tencent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Tencent Music's public news can be used to forecast risks associated with an investment in Tencent. The trend in average sentiment can be used to explain how an investor holding Tencent can time the market purely based on public headlines and social activities around Tencent Music Entertainment. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Tencent Music's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Tencent Music's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Tencent Music's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Tencent Music.
Tencent Music Implied Volatility | 67.94 |
Tencent Music's implied volatility exposes the market's sentiment of Tencent Music Entertainment stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Tencent Music's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Tencent Music stock will not fluctuate a lot when Tencent Music's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tencent Music in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tencent Music's short interest history, or implied volatility extrapolated from Tencent Music options trading.
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When determining whether Tencent Music Entert is a strong investment it is important to analyze Tencent Music's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tencent Music's future performance. For an informed investment choice regarding Tencent Stock, refer to the following important reports:Check out the analysis of Tencent Music Correlation against competitors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Tencent Stock analysis
When running Tencent Music's price analysis, check to measure Tencent Music's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tencent Music is operating at the current time. Most of Tencent Music's value examination focuses on studying past and present price action to predict the probability of Tencent Music's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tencent Music's price. Additionally, you may evaluate how the addition of Tencent Music to your portfolios can decrease your overall portfolio volatility.
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Is Tencent Music's industry 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 0.139 | Earnings Share 0.43 | Revenue Per Share 17.78 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0438 |
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.