Tencent Music Entertainment (TME) Equity Ratio (2016 - 2025)

Tencent Music Entertainment's (TME) quarterly Equity Ratio came in at 0.78 in Q4 2025, up 4.37% year-on-year from 0.75 in Q4 2024, and up 4.37% quarter-over-quarter from 0.75 in Q4 2024.

Tencent Music Entertainment (TME) Equity Ratio (2016 - 2025) Analysis & Trends

Tencent Music Entertainment has disclosed Equity Ratio across 10 years of filings, most recently posting 0.78 for Q4 2025.

  • Equity Ratio for Q4 2025 came in at 0.78, up 4.37% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.78 (up 4.37% YoY), and the FY2025 annual result was 0.77, up 1.27% from the prior year.
  • Equity Ratio came in at 0.78 for Q4 2025 at Tencent Music Entertainment, up from 0.75 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.78 in Q4 2025 to a low of 0.73 in Q4 2022.
  • The 5-year median for Equity Ratio is 0.76 (2023), against an average of 0.76.
  • Across the five-year window, Equity Ratio decreased 3.42% in 2022 and gained 4.37% in 2025, its largest moves.
  • Tencent Music Entertainment's Equity Ratio stood at 0.76 in 2021, then retreated by 3.42% to 0.73 in 2022, then advanced by 3.29% to 0.76 in 2023, then slipped by 0.92% to 0.75 in 2024, then climbed by 4.37% to 0.78 in 2025.
  • The last three Equity Ratio figures came in at 0.78 (Q4 2025), 0.75 (Q4 2024), and 0.76 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 0.32
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 0.68
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 0.62
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn -
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 0.91
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 0.61
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 0.80
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 0.28
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 0.84
10 Tencent Music Entertainment 2.62 Bn 1.40 Bn 514.00 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.78
Dec 31, 2024 0.75
Dec 31, 2023 0.76
Dec 31, 2022 0.73
Dec 31, 2021 0.76
Dec 31, 2020 0.77
Dec 31, 2019 0.83
Dec 31, 2018 0.85
Dec 31, 2017 0.87
Dec 31, 2016 23.74