Tencent Music Entertainment (TME) Invested Capital (2016 - 2025)

Tencent Music Entertainment has disclosed Invested Capital across 10 years of filings, most recently posting $11.5 billion for Q4 2025.

• Invested Capital for Q4 2025 came in at $11.5 billion, up 19.58% year-over-year; the trailing twelve-month figure through Dec 2025 was $11.5 billion (up 19.58% YoY), and the FY2025 annual result was $11.5 billion, up 19.58% from the prior year.
• Invested Capital came in at $11.5 billion for Q4 2025 at Tencent Music Entertainment, up from $9.6 billion in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $11.5 billion in Q4 2025 to a low of $6.9 billion in Q4 2022.
• The 5-year median for Invested Capital is $8.0 billion (2021), against an average of $8.8 billion.
• Across the five-year window, Invested Capital decreased 13.44% in 2022 and rose 20.88% in 2024, its largest moves.
• Tencent Music Entertainment's Invested Capital stood at $8.0 billion in 2021, then dropped by 13.44% to $6.9 billion in 2022, then climbed by 15.01% to $7.9 billion in 2023, then grew by 20.88% to $9.6 billion in 2024, then rose by 19.58% to $11.5 billion in 2025.
• The last three Invested Capital figures came in at $11.5 billion (Q4 2025), $9.6 billion (Q4 2024), and $7.9 billion (Q4 2023), per Business Quant data.