TME vs SOLS

Comparison between Tencent Music Entertainment Group (TME, Company) and Solstice Advanced Materials Inc (SOLS, Company).

TME is from the Communication Services sector, while SOLS is from the Basic Materials sector.

TME vs SOLS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TME(COMPANY)	SOLS(COMPANY)
Market Cap	$14B	$14B
Max Drawdown	90.19%	17.14%
Sharpe Ratio	-1.35	1.84
5Y Beta	0.71	1.51
Industry	Internet Content & Information	Specialty Chemicals
P/E Ratio	11.20	57.32
Forward P/E	9.13	33.00
Dividend Yield	2.69%	0.09%
5Y EPS CAGR	24.42%	N/A
Debt to Equity	6.51%	132.64%
Free Cash Flow Yield	5.49%	4.63%

Market Cap

TME

$14B

Winner

SOLS

$14B

Max Drawdown

TME

90.19%

Winner

SOLS

17.14%

Sharpe Ratio

TME

-1.35

Winner

SOLS

1.84

5Y Beta

Winner

TME

0.71

SOLS

1.51

Industry

TME

Internet Content & Information

SOLS

Specialty Chemicals

P/E Ratio

Winner

TME

11.20

SOLS

57.32

Forward P/E

Winner

TME

9.13

SOLS

33.00

Dividend Yield

Winner

TME

2.69%

SOLS

0.09%

5Y EPS CAGR

TME

24.42%

SOLS

N/A

Debt to Equity

Winner

TME

6.51%

SOLS

132.64%

Free Cash Flow Yield

Winner

TME

5.49%

SOLS

4.63%

TME vs SOLS - Historical Returns

Returns include dividend reinvestment.

Period	TME	SOLS
1 month	-3.64%	+4.36%
3 months	-13.02%	+15.10%
6 months	-49.87%	+76.46%
1 year	-51.86%	N/A
5 years(CAGR)	-9.51%	N/A
Max(CAGR)	-5.49%	+139.31%

TME

-3.64%

Winner

SOLS

+4.36%

TME

-13.02%

Winner

SOLS

+15.10%

TME

-49.87%

Winner

SOLS

+76.46%

TME

-51.86%

SOLS

N/A

5Y(CAGR)

TME

-9.51%

SOLS

N/A

Max(CAGR)

TME

-5.49%

Winner

SOLS

+139.31%

TME vs SOLS - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	TME	SOLS
2026	-49.84%	+73.96%
2025	+56.81%	-1.36%
2024	+31.24%	N/A
2023	+4.77%	N/A
2022	+20.88%	N/A
2021	-64.64%	N/A
2020	+53.18%	N/A
2019	-9.69%	N/A
2018	-5.57%	N/A

TME vs SOLS Drawdown Comparison

The maximum drawdown for TME was -90.19%, occurring on Mar 14, 2022. This drawdown has not yet recovered.

The maximum drawdown for SOLS was -17.06%, occurring on Mar 20, 2026. Recovery took 34 trading sessions.

The current TME drawdown is -71.20%. The current SOLS drawdown is -3.30%.

Rank	TME	SOLS
#1	-90.19% Mar 23, 2021 - Mar 14, 2022	-17.06% Feb 18, 2026 - Apr 8, 2026
#2	-50.55% Mar 18, 2019 - Dec 30, 2020	-15.88% Oct 29, 2025 - Dec 11, 2025
#3	-14.29% Dec 12, 2018 - Jan 18, 2019	-12.21% May 13, 2026 - Jun 10, 2026
#4	-12.38% Jan 24, 2019 - Feb 12, 2019	-7.67% Apr 8, 2026 - May 5, 2026
#5	-12.12% Feb 16, 2021 - Mar 18, 2021	-6.94% May 5, 2026 - May 11, 2026
#6	-8.79% Feb 2, 2021 - Feb 16, 2021	-5.80% Jan 28, 2026 - Feb 3, 2026
#7	-8.69% Feb 25, 2019 - Mar 18, 2019	-4.59% Dec 11, 2025 - Dec 19, 2025
#8	-4.83% Feb 14, 2019 - Feb 19, 2019	-4.29% Feb 3, 2026 - Feb 11, 2026
#9	-3.16% Jan 19, 2021 - Jan 22, 2021	-3.52% Dec 19, 2025 - Jan 7, 2026
#10	-2.24% Jan 25, 2021 - Feb 2, 2021	-3.06% Jan 21, 2026 - Jan 28, 2026
#11	-1.67% Jan 6, 2021 - Jan 8, 2021	-1.92% Jan 9, 2026 - Jan 13, 2026
#12	-1.63% Feb 20, 2019 - Feb 22, 2019	N/A
#13	-1.44% Jan 12, 2021 - Jan 14, 2021	N/A
#14	-0.87% Feb 12, 2019 - Feb 14, 2019	N/A
#15	-0.33% Jan 8, 2021 - Jan 12, 2021	N/A

Correlation

Correlation between TME and SOLS is -0.93 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.93

-101