Tencent Music Entertainment TCMEF
NYSE TCMEF
$4.45 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Tencent Music Entertainment (TCMEF) Invested Capital (2020 - 2026)

Tencent Music Entertainment's (TCMEF) quarterly Invested Capital came in at $14.8 billion in Q2 2026, up 17.63% year-over-year from $12.6 billion in Q2 2025, and up 30.75% quarter-over-quarter from $11.3 billion in Q1 2026.

Analysis

Tencent Music Entertainment (TCMEF) Invested Capital (2020 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed Invested Capital across 7 years of filings, most recently posting $14.8 billion for Q2 2026.

  • In Q2 2026, Invested Capital rose 17.63% year-over-year to $14.8 billion; the TTM figure through Jun 2026 stood at $14.8 billion (up 17.63% YoY), while the FY2025 annual figure was $12.4 billion, up 23.25% from the prior year.
  • Invested Capital came in at $14.8 billion for Q2 2026 at Tencent Music Entertainment, up from $11.3 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $14.8 billion in Q2 2026 to a low of $7.7 billion in Q4 2022.
  • Average Invested Capital over 5 years is $10.0 billion, with a median of $9.3 billion recorded in 2024.
  • Year-over-year, Invested Capital declined 12.43% in 2022 and soared 32.57% in 2025.
  • Over 5 years, Invested Capital stood at $7.7 billion in 2022, then increased by 13.55% to $8.7 billion in 2023, then grew by 16.92% to $10.2 billion in 2024, then increased by 19.58% to $12.2 billion in 2025, then grew by 21.01% to $14.8 billion in 2026.
  • Per Business Quant data, the three most recent Invested Capital figures were $14.8 billion in Q2 2026, $11.3 billion in Q1 2026, and $12.2 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Netflix 320.42 Bn 311.29 Bn 6.52 Bn 46.95 Bn
2 Spotify Technology 108.76 Bn 97.85 Bn 1.86 Bn 9.77 Bn
3 Tencent Music Entertainment 7.00 Bn 3.91 Bn 582.00 Mn 14.77 Bn
4 Huya 471.41 Mn 111.15 Mn 37.58 Mn 697.02 Mn
5 iQIYI 405.20 Mn -65.69 Mn 152.37 Mn 2.90 Bn
6 FuboTV 314.19 Mn -138.22 Mn 399.10 Mn 420.25 Mn
7 Kaltura 216.95 Mn 185.65 Mn 34.54 Mn 54.95 Mn
8 CuriosityStream 153.89 Mn 105.50 Mn 16.93 Mn -
9 LiveOne 52.71 Mn 44.05 Mn 3.94 Mn -10.43 Mn
10 Cineverse 46.61 Mn 42.29 Mn 10.66 Mn 51.43 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 14.77 Bn
Mar 31, 2026 11.29 Bn
Dec 31, 2025 12.20 Bn
Sep 30, 2025 12.43 Bn
Jun 30, 2025 12.55 Bn
Mar 31, 2025 10.86 Bn
Dec 31, 2024 10.20 Bn
Jun 30, 2024 9.47 Bn
Mar 31, 2024 9.29 Bn
Dec 31, 2023 8.73 Bn
Sep 30, 2023 8.42 Bn
Jun 30, 2023 8.63 Bn
Mar 31, 2023 8.41 Bn
Dec 31, 2022 7.69 Bn
Sep 30, 2022 7.89 Bn
Jun 30, 2022 8.00 Bn
Mar 31, 2022 8.56 Bn
Dec 31, 2021 8.78 Bn
Sep 30, 2021 8.62 Bn
Jun 30, 2021 8.90 Bn