Tencent Music Entertainment (TCMEF) Beginning Cash Balance (2017 - 2025)
Tencent Music Entertainment's (TCMEF) quarterly Beginning Cash Balance came in at $1.9 billion in Q4 2025, down 1.73% year-over-year from $1.9 billion in Q4 2024, and down 1.73% quarter-over-quarter from $1.9 billion in Q4 2024.
Analysis
Tencent Music Entertainment (TCMEF) Beginning Cash Balance (2017 - 2025) Analysis & Trends
Tencent Music Entertainment has disclosed Beginning Cash Balance across 9 years of filings, most recently posting $1.9 billion for Q4 2025.
- In Q4 2025, Beginning Cash Balance fell 1.73% year-over-year to $1.9 billion; the TTM figure through Dec 2025 stood at $1.9 billion (down 1.73% YoY), while the FY2025 annual figure was $1.9 billion, up 1.24% from the prior year.
- Beginning Cash Balance came in at $1.9 billion for Q4 2025 at Tencent Music Entertainment, down from $1.9 billion in the prior quarter.
- In the past five years, Beginning Cash Balance ranged from a high of $1.9 billion in Q4 2024 to a low of $926.7 million in Q4 2022.
- Average Beginning Cash Balance over 5 years is $1.6 billion, with a median of $1.7 billion recorded in 2021.
- Year-over-year, Beginning Cash Balance slumped 46.76% in 2022 and surged 85.55% in 2023.
- Over 5 years, Beginning Cash Balance stood at $1.7 billion in 2021, then tumbled by 46.76% to $926.7 million in 2022, then surged by 85.55% to $1.7 billion in 2023, then increased by 9.84% to $1.9 billion in 2024, then fell by 1.73% to $1.9 billion in 2025.
- Per Business Quant data, the three most recent Beginning Cash Balance figures were $1.9 billion in Q4 2025, $1.9 billion in Q4 2024, and $1.7 billion in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 320.63 Bn | 311.50 Bn | 6.52 Bn |
| 2 | Spotify Technology | 109.40 Bn | 98.49 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn |
| 4 | Huya | 478.05 Mn | 117.79 Mn | 37.58 Mn |
| 5 | iQIYI | 408.77 Mn | -62.13 Mn | 152.37 Mn |
| 6 | FuboTV | 315.64 Mn | -136.77 Mn | 399.10 Mn |
| 7 | Kaltura | 219.16 Mn | 187.86 Mn | 34.54 Mn |
| 8 | CuriosityStream | 154.78 Mn | 106.39 Mn | 16.93 Mn |
| 9 | LiveOne | 53.11 Mn | 44.45 Mn | 3.94 Mn |
| 10 | Cineverse | 46.92 Mn | 42.60 Mn | 10.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.86 Bn |
| Dec 31, 2024 | 1.89 Bn |
| Dec 31, 2023 | 1.72 Bn |
| Dec 31, 2022 | 926.72 Mn |
| Dec 31, 2021 | 1.74 Bn |
| Dec 31, 2020 | 2.33 Bn |
| Dec 31, 2019 | 2.84 Bn |
| Dec 31, 2018 | 1.67 Bn |
| Dec 31, 2017 | 783.52 Mn |