Tencent Music Entertainment Group annual r&d spending
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Tencent Music Entertainment Group R&D Spending Growth & History (TME)
Tencent Music Entertainment Group's r&d spending was ¥2.32B for fiscal 2025.
View full Tencent Music Entertainment Group company overviewTencent Music Entertainment Group annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | ¥2.32B | ¥37.0M | +1.62% |
| 2024 | 2024-12-31 | ¥2.28B | −¥245.0M | −9.70% |
| 2023 | 2023-12-31 | ¥2.52B | −¥55.0M | −2.13% |
| 2022 | 2022-12-31 | ¥2.58B | ¥241.0M | +10.30% |
| 2021 | 2021-12-31 | ¥2.34B | ¥672.0M | +40.31% |
| 2020 | 2020-12-31 | ¥1.67B | ¥508.0M | +43.83% |
| 2019 | 2019-12-31 | ¥1.16B | ¥222.0M | +23.69% |
| 2018 | 2018-12-31 | ¥937.0M | ¥140.0M | +17.57% |
| 2017 | 2017-12-31 | ¥797.0M | ¥348.0M | +77.51% |
| 2016 | 2016-12-31 | ¥449.0M | — | — |
Tencent Music Entertainment Group r&d spending trends
Over the last five fiscal years, Tencent Music Entertainment Group's r&d spending increased from ¥1.67B to ¥2.32B, a change of ¥650.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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