Tencent Music Entertainment (TME) Return on Assets [ROA] (2019 - 2026)
Tencent Music Entertainment (TME) posted Return on Assets [ROA] of 8.35% for Q2 2026, down 1.95 percentage points from 10.30% a year earlier and down 0.58 percentage points from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) Return on Assets [ROA] (2019 - 2026) Analysis & Trends
For FY2025, Tencent Music Entertainment's Return on Assets [ROA] came in at 12.00%, up 3.54 percentage points from FY2024.
- Annual Return on Assets [ROA] has increased for four consecutive years, with a five-year change of +4.90 percentage points (FY2020 to FY2025).
- In prior years, Tencent Music Entertainment's Return on Assets [ROA] was 8.46% in FY2024 (+1.24 pp), 7.22% in FY2023 (+1.73 pp), 5.50% in FY2022 (+0.69 pp) and 4.81% in FY2021 (-2.29 pp).
- The Q2 2026 figure stands as the lowest quarterly Return on Assets [ROA] since Q2 2024.
- On a year-over-year basis, Return on Assets [ROA] increased in two of the last four quarters, with an average year-over-year change of +0.67 percentage points.
- The strongest year-over-year quarter for Return on Assets [ROA] in the past five years was Q1 2025, with a gain of 3.36 percentage points; the weakest was Q2 2026, with a drop of 1.95 percentage points.
- According to Business Quant data, Return on Assets [ROA] for the three prior quarters was 8.93% (Q1 2026), 10.88% (Q4 2025) and 10.37% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,162.20 Bn | 3,919.73 Bn | 73.85 Bn | 30.04% |
| 2 | Meta Platforms | 1,751.45 Bn | 1,453.97 Bn | 49.47 Bn | 16.11% |
| 3 | Netflix | 291.66 Bn | 251.86 Bn | 6.52 Bn | 22.85% |
| 4 | Alibaba Group Holding | 249.39 Bn | 63.17 Bn | 15.11 Bn | 3.56% |
| 5 | Shopify | 223.90 Bn | 201.09 Bn | 1.71 Bn | 13.49% |
| 6 | Uber Technologies | 139.84 Bn | 111.64 Bn | 6.38 Bn | 15.38% |
| 7 | Booking Holdings | 126.12 Bn | 59.17 Bn | - | 25.12% |
| 8 | PDD Holdings | 113.55 Bn | -130.22 Bn | 9.45 Bn | 14.15% |
| 9 | Spotify Technology | 107.26 Bn | 64.77 Bn | 1.86 Bn | 25.34% |
| 10 | Tencent Music Entertainment | 13.15 Bn | -9.58 Bn | 579.95 Mn | 8.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.31% |
| Mar 31, 2026 | 8.80% |
| Dec 31, 2025 | 10.73% |
| Sep 30, 2025 | 10.36% |
| Jun 30, 2025 | 10.31% |
| Mar 31, 2025 | 10.65% |
| Jun 30, 2024 | 7.46% |
| Mar 31, 2024 | 7.20% |
| Dec 31, 2023 | 7.16% |
| Sep 30, 2023 | 7.12% |
| Jun 30, 2023 | 6.95% |
| Mar 31, 2023 | 6.50% |
| Dec 31, 2022 | 5.97% |
| Sep 30, 2022 | 5.06% |
| Jun 30, 2022 | 4.43% |
| Mar 31, 2022 | 4.29% |
| Dec 31, 2021 | 4.78% |
| Sep 30, 2021 | 5.68% |
| Jun 30, 2021 | 6.06% |
| Mar 31, 2021 | 6.06% |
API Access
Tencent Music Entertainment Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "TME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();