Tencent Music Entertainment (TCMEF) Current Leases (2019 - 2026)
Tencent Music Entertainment recorded quarterly Current Leases of $27.0 million in Q1 2026, down 4.25% quarter-over-quarter from $28.2 million in Q4 2025, and down 22.86% year-over-year from $35.0 million in Q1 2025.
Tencent Music Entertainment's Current Leases history runs 8 years deep, the most recent figure standing at $27.0 million for Q1 2026.
- In Q1 2026, Current Leases fell 22.86% year-over-year to $27.0 million; the TTM figure through Mar 2026 stood at $27.0 million (down 22.86% YoY), while the FY2025 annual figure was $29.0 million, down 3.33% from the prior year.
- Current Leases came in at $27.0 million for Q1 2026 at Tencent Music Entertainment, down from $28.2 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $56.0 million in Q2 2022 to a low of $14.8 million in Q4 2024.
- A 5-year average of $33.0 million and a median of $32.5 million in 2024 frame the typical range for Current Leases.
- Across the five-year window, Current Leases sank 37.5% in 2023 and soared 91.09% in 2025, its largest moves.
- Tencent Music Entertainment's Current Leases stood at $17.3 million in 2022, then retreated by 7.65% to $16.0 million in 2023, then decreased by 7.61% to $14.8 million in 2024, then jumped by 91.09% to $28.2 million in 2025, then declined by 4.25% to $27.0 million in 2026.
- According to Business Quant data, Current Leases over the past three periods registered $27.0 million, $28.2 million, and $32.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | - |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 2.41 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 10.54 Mn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 7.17 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | - |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | - | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 9.93 Mn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 33.34 Mn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | - |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | 27.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.00 Mn |
| Dec 31, 2025 | 28.20 Mn |
| Sep 30, 2025 | 32.00 Mn |
| Jun 30, 2025 | 32.00 Mn |
| Mar 31, 2025 | 35.00 Mn |
| Dec 31, 2024 | 14.76 Mn |
| Jun 30, 2024 | 33.00 Mn |
| Mar 31, 2024 | 36.00 Mn |
| Dec 31, 2023 | 15.97 Mn |
| Sep 30, 2023 | 44.00 Mn |
| Jun 30, 2023 | 35.00 Mn |
| Mar 31, 2023 | 41.00 Mn |
| Dec 31, 2022 | 17.29 Mn |
| Sep 30, 2022 | 49.00 Mn |
| Jun 30, 2022 | 56.00 Mn |
| Mar 31, 2022 | 31.00 Mn |
| Dec 31, 2021 | 14.39 Mn |
| Sep 30, 2021 | 32.00 Mn |
| Jun 30, 2021 | 33.00 Mn |
| Mar 31, 2021 | 31.00 Mn |
| Dec 31, 2020 | 32.89 Mn |
| Jun 30, 2020 | 10.00 Mn |
| Mar 31, 2020 | 9.00 Mn |
| Dec 31, 2019 | 11.07 Mn |