Tencent Music Entertainment Group

Tencent Music Entertainment Groupverified

TME

Price:

$9.22

Market Cap:

$96.70B

Tencent Music Entertainment Group (TME) is a premier operator of online music entertainment platforms across the People's Republic of China, offering a range of services including music streaming, digital karaoke, and live interactive broadcasting. Its offerings encompass popular streaming platforms like QQ Music, Kugou Music, and Kuwo Music, which facilitate personalized music discovery and listening for users. The company also developed WeSing, an engaging application that allows users to sing, socialize with friends, share their performances, and explore songs sung by others. Furthermore, TME runs interactive live broadcasting platforms, notably Kugou Live and Kuwo Live, providing an onli...[Read more]

Industry

Internet Content & Information

IPO Date

2018-12-12

Stock Exchange

NYSE

Ticker

TME

The ROE as of June 2026 (TTM) for Tencent Music Entertainment Group (TME) is 10.97%

According to Tencent Music Entertainment Group’s latest financial reports and current stock price. The company's current ROE is 10.97%. This represents a change of 299.90% compared to the average of 2.74% of the last 4 quarters.

Tencent Music Entertainment Group (TME) Historical ROE (quarterly & annually)

How has TME ROE performed in the past?

The mean historical ROE of Tencent Music Entertainment Group over the last ten years is 7.31%. The current 10.97% ROE has changed 50.11% with respect to the historical average. Over the past ten years (40 quarters), TME's ROE was at its highest in in the March 2025 quarter at 5.86%. The ROE was at its lowest in in the December 2018 quarter at -2.32%.

Quarterly (TTM)
Annual

Average

7.31%

Median

7.80%

Minimum

0.40%

Maximum

13.41%

Tencent Music Entertainment Group (TME) ROE by Quarter and Year

Discovering the peaks and valleys of Tencent Music Entertainment Group ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.18%

Maximum Annual ROE = 13.41%

Minimum Annual Increase = -24.31%

Minimum Annual ROE = 0.40%

Quarterly (TTM)
Annual
YearROEChange
202513.41%36.96%
20249.79%11.25%
20238.80%15.12%
20227.64%26.99%
20216.02%-24.31%
20207.95%-12.94%
20199.14%87.99%
20184.86%-4.20%
20175.07%1.18%

Tencent Music Entertainment Group (TME) Average ROE

How has TME ROE performed in the past?

The current ROE of Tencent Music Entertainment Group (TME) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

10.67%

5-year avg

9.13%

10-year avg

7.31%

Tencent Music Entertainment Group (TME) ROE vs. Peers

How is TME’s ROE compared to its peers?

Tencent Music Entertainment Group’s ROE is less than Reddit, Inc. (25.48%), less than Baidu, Inc. (0.13%), less than Chunghwa Telecom Co., Ltd. (10.23%), less than Charter Communications, Inc. (30.84%), less than Live Nation Entertainment, Inc. (33.04%), less than Nebius Group N.V. (16.37%), greater than Liberty Live Group (-7.65%), less than Pinterest, Inc. (7.76%), greater than Vodafone Group Public Limited Company (-0.79%),

Build a custom stock screener for Tencent Music Entertainment Group (TME) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Tencent Music Entertainment Group using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Tencent Music Entertainment Group (TME) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Tencent Music Entertainment Group or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Tencent Music Entertainment Group's ROE?

How is the ROE calculated for Tencent Music Entertainment Group (TME)?

What is the highest ROE for Tencent Music Entertainment Group (TME)?

What is the 3-year average ROE for Tencent Music Entertainment Group (TME)?

What is the 5-year average ROE for Tencent Music Entertainment Group (TME)?

How does the current ROE for Tencent Music Entertainment Group (TME) compare to its historical average?