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) Non-Current Deferred Tax Liability (2016 - 2026)

Tencent Music Entertainment's (TCMEF) quarterly Non-Current Deferred Tax Liability came in at $215.0 million in Q2 2026, up 150.0% year-over-year from $86.0 million in Q2 2025, and up 152.94% quarter-over-quarter from $85.0 million in Q1 2026.

Analysis

Tencent Music Entertainment (TCMEF) Non-Current Deferred Tax Liability (2016 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed Non-Current Deferred Tax Liability across 11 years of filings, most recently posting $215.0 million for Q2 2026.

  • In Q2 2026, Non-Current Deferred Tax Liability rose 150.0% year-over-year to $215.0 million; the TTM figure through Jun 2026 stood at $215.0 million (up 150.0% YoY), while the FY2025 annual figure was $72.0 million, up 166.67% from the prior year.
  • Non-Current Deferred Tax Liability came in at $215.0 million for Q2 2026 at Tencent Music Entertainment, up from $85.0 million in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $215.0 million in Q2 2026 to a low of $20.0 million in Q2 2023.
  • Average Non-Current Deferred Tax Liability over 5 years is $54.0 million, with a median of $33.2 million recorded in 2023.
  • Year-over-year, Non-Current Deferred Tax Liability slumped 45.95% in 2023 and jumped 174.19% in 2026.
  • Over 5 years, Non-Current Deferred Tax Liability stood at $29.7 million in 2022, then gained by 11.89% to $33.2 million in 2023, then fell by 16.96% to $27.6 million in 2024, then soared by 157.79% to $71.1 million in 2025, then jumped by 202.56% to $215.0 million in 2026.
  • Per Business Quant data, the three most recent Non-Current Deferred Tax Liability figures were $215.0 million in Q2 2026, $85.0 million in Q1 2026, and $71.1 million in Q4 2025.
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

Historic Data

Download Data
DateValue
Jun 30, 2026 215.00 Mn
Mar 31, 2026 85.00 Mn
Dec 31, 2025 71.06 Mn
Sep 30, 2025 95.00 Mn
Jun 30, 2025 86.00 Mn
Mar 31, 2025 31.00 Mn
Dec 31, 2024 27.56 Mn
Jun 30, 2024 37.00 Mn
Mar 31, 2024 24.00 Mn
Dec 31, 2023 33.19 Mn
Sep 30, 2023 28.00 Mn
Jun 30, 2023 20.00 Mn
Mar 31, 2023 28.00 Mn
Dec 31, 2022 29.67 Mn
Sep 30, 2022 31.00 Mn
Jun 30, 2022 37.00 Mn
Mar 31, 2022 40.00 Mn
Dec 31, 2021 42.39 Mn
Sep 30, 2021 39.00 Mn
Jun 30, 2021 44.00 Mn