Growth Metrics

Tencent Music Entertainment (TCMEF) Equity Ratio (2016 - 2026)

Tencent Music Entertainment recorded quarterly Equity Ratio of 0.74 in Q1 2026, down 4.93% quarter-over-quarter from 0.78 in Q4 2025, and little changed year-over-year from 0.75 in Q1 2025.

Tencent Music Entertainment's Equity Ratio history runs 11 years deep, the most recent figure standing at 0.74 for Q1 2026.

  • In Q1 2026, Equity Ratio changed 0.29% year-over-year to 0.74; the TTM figure through Mar 2026 stood at 0.74 (changed 0.29% YoY), while the FY2025 annual figure was 0.78, up 4.38% from the prior year.
  • Equity Ratio came in at 0.74 for Q1 2026 at Tencent Music Entertainment, down from 0.78 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.79 in Q3 2025 to a low of 0.71 in Q3 2022.
  • A 5-year average of 0.75 and a median of 0.74 in 2024 frame the typical range for Equity Ratio.
  • Across the five-year window, Equity Ratio dropped 6.37% in 2022 and rose 4.68% in 2025, its largest moves.
  • Tencent Music Entertainment's Equity Ratio stood at 0.73 in 2022, then climbed by 3.29% to 0.76 in 2023, then dropped by 0.92% to 0.75 in 2024, then grew by 4.37% to 0.78 in 2025, then dropped by 4.93% to 0.74 in 2026.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.74, 0.78, and 0.79 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Alphabet 4,554.43 Bn 4,338.81 Bn 102.29 Bn 0.68
2 Meta Platforms 1,602.78 Bn 1,521.60 Bn 46.09 Bn 0.62
3 Spotify Technology 119.86 Bn 109.62 Bn 1.75 Bn 0.61
4 Reddit 33.71 Bn 30.94 Bn 511.94 Mn 0.91
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn -
6 Pinterest 12.76 Bn 11.46 Bn 768.96 Mn 0.61
7 Kanzhun 12.59 Bn 10.49 Bn 255.62 Bn -
8 Snap 9.64 Bn 6.81 Bn 1.29 Bn 0.28
9 Match 8.43 Bn 7.41 Bn 653.28 Mn -0.05
10 Tencent Music Entertainment - - 514.00 Mn 0.74

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.74
Dec 31, 2025 0.78
Sep 30, 2025 0.79
Jun 30, 2025 0.78
Mar 31, 2025 0.75
Dec 31, 2024 0.75
Jun 30, 2024 0.74
Mar 31, 2024 0.75
Dec 31, 2023 0.76
Sep 30, 2023 0.74
Jun 30, 2023 0.74
Mar 31, 2023 0.74
Dec 31, 2022 0.73
Sep 30, 2022 0.71
Jun 30, 2022 0.71
Mar 31, 2022 0.73
Dec 31, 2021 0.76
Sep 30, 2021 0.75
Jun 30, 2021 0.76
Mar 31, 2021 0.77
Dec 31, 2020 0.77
Jun 30, 2020 0.84
Mar 31, 2020 0.84
Dec 31, 2019 0.83
Sep 30, 2019 0.83
Jun 30, 2019 0.84
Mar 31, 2019 0.84
Dec 31, 2018 0.85
Dec 31, 2017 0.87
Dec 31, 2016 23.74