Tencent Music Entertainment (TCMEF) Invested Capital (2016 - 2026)
Tencent Music Entertainment recorded quarterly Invested Capital of $10.7 billion in Q1 2026, down 6.6% quarter-over-quarter from $11.5 billion in Q4 2025, and up 6.35% year-over-year from $10.1 billion in Q1 2025.
Tencent Music Entertainment's Invested Capital history runs 11 years deep, the most recent figure standing at $10.7 billion for Q1 2026.
- In Q1 2026, Invested Capital rose 6.35% year-over-year to $10.7 billion; the TTM figure through Mar 2026 stood at $10.7 billion (up 6.35% YoY), while the FY2025 annual figure was $11.7 billion, up 23.18% from the prior year.
- Invested Capital came in at $10.7 billion for Q1 2026 at Tencent Music Entertainment, down from $11.5 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $11.6 billion in Q2 2025 to a low of $6.9 billion in Q3 2022.
- A 5-year average of $8.8 billion and a median of $8.1 billion in 2023 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital slipped 13.44% in 2022 and soared 37.15% in 2025, its largest moves.
- Tencent Music Entertainment's Invested Capital stood at $6.9 billion in 2022, then grew by 15.01% to $7.9 billion in 2023, then increased by 20.88% to $9.6 billion in 2024, then gained by 19.58% to $11.5 billion in 2025, then slipped by 6.6% to $10.7 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $10.7 billion, $11.5 billion, and $11.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 478.75 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 243.68 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 9.40 Bn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 3.18 Bn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 18.40 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 2.85 Bn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | - |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 5.62 Bn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 3.33 Bn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | 10.73 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.78 Bn |
| Dec 31, 2025 | 11.49 Bn |
| Sep 30, 2025 | 11.56 Bn |
| Jun 30, 2025 | 11.60 Bn |
| Mar 31, 2025 | 10.09 Bn |
| Dec 31, 2024 | 9.61 Bn |
| Jun 30, 2024 | 8.46 Bn |
| Mar 31, 2024 | 8.30 Bn |
| Dec 31, 2023 | 7.95 Bn |
| Sep 30, 2023 | 7.46 Bn |
| Jun 30, 2023 | 7.65 Bn |
| Mar 31, 2023 | 7.45 Bn |
| Dec 31, 2022 | 6.91 Bn |
| Sep 30, 2022 | 6.90 Bn |
| Jun 30, 2022 | 7.05 Bn |
| Mar 31, 2022 | 7.64 Bn |
| Dec 31, 2021 | 7.99 Bn |
| Sep 30, 2021 | 7.72 Bn |
| Jun 30, 2021 | 8.02 Bn |
| Mar 31, 2021 | 7.97 Bn |
| Dec 31, 2020 | 7.96 Bn |
| Jun 30, 2020 | 6.97 Bn |
| Mar 31, 2020 | 6.20 Bn |
| Dec 31, 2019 | 6.20 Bn |
| Sep 30, 2019 | 5.93 Bn |
| Jun 30, 2019 | 6.00 Bn |
| Mar 31, 2019 | 5.86 Bn |
| Dec 31, 2018 | 5.46 Bn |
| Dec 31, 2017 | 3.95 Bn |
| Dec 31, 2016 | 3.02 Bn |