Tencent Music Entertainment (TCMEF) Minority Interest (2017 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Minority Interest came in at $413.0 million in Q2 2026, up 18.34% year-over-year from $349.0 million in Q2 2025, and up 2.23% quarter-over-quarter from $404.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Minority Interest (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Minority Interest across 10 years of filings, most recently posting $413.0 million for Q2 2026.
- In Q2 2026, Minority Interest rose 18.34% year-over-year to $413.0 million; the TTM figure through Jun 2026 stood at $413.0 million (up 18.34% YoY), while the FY2025 annual figure was $395.0 million, up 54.9% from the prior year.
- Minority Interest came in at $413.0 million for Q2 2026 at Tencent Music Entertainment, up from $404.0 million in the prior quarter.
- In the past five years, Minority Interest ranged from a high of $413.0 million in Q2 2026 to a low of $124.0 million in Q1 2022.
- Average Minority Interest over 5 years is $242.8 million, with a median of $199.0 million recorded in 2024.
- Year-over-year, Minority Interest jumped 72.22% in 2022 and climbed 1.29% in 2023.
- Over 5 years, Minority Interest stood at $144.5 million in 2022, then increased by 24.43% to $179.9 million in 2023, then surged by 44.2% to $259.4 million in 2024, then jumped by 50.2% to $389.6 million in 2025, then rose by 6.02% to $413.0 million in 2026.
- Per Business Quant data, the three most recent Minority Interest figures were $413.0 million in Q2 2026, $404.0 million in Q1 2026, and $389.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 320.44 Bn | 311.31 Bn | 6.52 Bn |
| 2 | Spotify Technology | 109.52 Bn | 98.60 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn |
| 4 | Huya | 470.63 Mn | 110.37 Mn | 37.58 Mn |
| 5 | iQIYI | 405.47 Mn | -65.43 Mn | 152.37 Mn |
| 6 | FuboTV | 315.32 Mn | -137.09 Mn | 399.10 Mn |
| 7 | Kaltura | 218.42 Mn | 187.12 Mn | 34.54 Mn |
| 8 | CuriosityStream | 154.78 Mn | 106.39 Mn | 16.93 Mn |
| 9 | LiveOne | 53.64 Mn | 44.98 Mn | 3.94 Mn |
| 10 | Cineverse | 46.51 Mn | 42.19 Mn | 10.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 413.00 Mn |
| Mar 31, 2026 | 404.00 Mn |
| Dec 31, 2025 | 389.56 Mn |
| Sep 30, 2025 | 377.00 Mn |
| Jun 30, 2025 | 349.00 Mn |
| Mar 31, 2025 | 270.00 Mn |
| Dec 31, 2024 | 259.36 Mn |
| Jun 30, 2024 | 230.00 Mn |
| Mar 31, 2024 | 199.00 Mn |
| Dec 31, 2023 | 179.86 Mn |
| Sep 30, 2023 | 169.00 Mn |
| Jun 30, 2023 | 157.00 Mn |
| Mar 31, 2023 | 158.00 Mn |
| Dec 31, 2022 | 144.54 Mn |
| Sep 30, 2022 | 150.00 Mn |
| Jun 30, 2022 | 155.00 Mn |
| Mar 31, 2022 | 124.00 Mn |
| Dec 31, 2021 | 115.43 Mn |
| Sep 30, 2021 | 103.00 Mn |
| Jun 30, 2021 | 90.00 Mn |