• Tencent Music Entertainment Group average return on assets for 2023 was 6.67, a 45.95% increase from 2022.
• Tencent Music Entertainment Group average return on assets for 2022 was 4.57, a 19.12% increase from 2021.
• Tencent Music Entertainment Group average return on assets for 2021 was 5.65, a 21.53% decline from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.