• Tencent Music Entertainment Group average return on equity for 2023 was 8.95, a 45.77% increase from 2022.
• Tencent Music Entertainment Group average return on equity for 2022 was 6.14, a 15.66% increase from 2021.
• Tencent Music Entertainment Group average return on equity for 2021 was 7.28, a 16.7% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.