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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 0.91 | |
| 6 | 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| Date | Value |
|---|---|
| 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 |