Growth Metrics

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

Tencent Music Entertainment recorded quarterly Non-Current Deferred Tax Liability of $85.0 million in Q1 2026, up 19.62% quarter-over-quarter from $71.1 million in Q4 2025, and up 174.19% year-over-year from $31.0 million in Q1 2025.

Tencent Music Entertainment's Non-Current Deferred Tax Liability history runs 11 years deep, the most recent figure standing at $85.0 million for Q1 2026.

  • In Q1 2026, Non-Current Deferred Tax Liability rose 174.19% year-over-year to $85.0 million; the TTM figure through Mar 2026 stood at $85.0 million (up 174.19% 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 $85.0 million for Q1 2026 at Tencent Music Entertainment, up from $71.1 million in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $95.0 million in Q3 2025 to a low of $10.4 million in Q4 2023.
  • A 5-year average of $44.0 million and a median of $36.1 million in 2024 frame the typical range for Non-Current Deferred Tax Liability.
  • Across the five-year window, Non-Current Deferred Tax Liability slumped 45.95% in 2023 and surged 246.15% in 2024, its largest moves.
  • Tencent Music Entertainment's Non-Current Deferred Tax Liability stood at $31.0 million in 2022, then slumped by 66.4% to $10.4 million in 2023, then soared by 246.15% to $36.1 million in 2024, then soared by 97.08% to $71.1 million in 2025, then advanced by 19.62% to $85.0 million in 2026.
  • According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $85.0 million, $71.1 million, and $95.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
3 Spotify Technology 119.86 Bn 109.62 Bn 1.75 Bn
4 Reddit 33.71 Bn 30.94 Bn 511.94 Mn
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn
6 Pinterest 12.76 Bn 11.46 Bn 768.96 Mn
7 Kanzhun 12.59 Bn 10.49 Bn 255.62 Bn
8 Snap 9.64 Bn 6.81 Bn 1.29 Bn
9 Match 8.43 Bn 7.41 Bn 653.28 Mn
10 Tencent Music Entertainment - - 514.00 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 85.00 Mn
Mar 31, 2026 85.00 Mn
Dec 31, 2025 71.06 Mn
Dec 31, 2025 71.06 Mn
Sep 30, 2025 95.00 Mn
Sep 30, 2025 95.00 Mn
Jun 30, 2025 86.00 Mn
Jun 30, 2025 86.00 Mn
Mar 31, 2025 31.00 Mn
Mar 31, 2025 31.00 Mn
Dec 31, 2024 36.06 Mn
Dec 31, 2024 36.06 Mn
Jun 30, 2024 37.00 Mn
Jun 30, 2024 37.00 Mn
Mar 31, 2024 24.00 Mn
Mar 31, 2024 24.00 Mn
Dec 31, 2023 10.42 Mn
Dec 31, 2023 10.42 Mn
Sep 30, 2023 28.00 Mn
Sep 30, 2023 28.00 Mn
Jun 30, 2023 20.00 Mn
Jun 30, 2023 20.00 Mn
Mar 31, 2023 28.00 Mn
Mar 31, 2023 28.00 Mn
Sep 30, 2022 31.00 Mn
Sep 30, 2022 31.00 Mn
Jun 30, 2022 37.00 Mn
Jun 30, 2022 37.00 Mn
Mar 31, 2022 40.00 Mn
Mar 31, 2022 40.00 Mn
Dec 31, 2021 43.01 Mn
Dec 31, 2021 43.01 Mn
Sep 30, 2021 39.00 Mn
Sep 30, 2021 39.00 Mn
Jun 30, 2021 44.00 Mn
Jun 30, 2021 44.00 Mn
Mar 31, 2021 32.00 Mn
Mar 31, 2021 32.00 Mn
Dec 31, 2020 40.74 Mn
Dec 31, 2020 40.74 Mn
Jun 30, 2020 33.00 Mn
Jun 30, 2020 33.00 Mn
Mar 31, 2020 34.00 Mn
Mar 31, 2020 34.00 Mn
Dec 31, 2019 42.14 Mn
Dec 31, 2019 42.14 Mn
Sep 30, 2019 34.00 Mn
Sep 30, 2019 34.00 Mn
Jun 30, 2019 38.00 Mn
Jun 30, 2019 38.00 Mn
Mar 31, 2019 51.00 Mn
Mar 31, 2019 51.00 Mn
Dec 31, 2018 52.36 Mn
Dec 31, 2018 52.36 Mn
Dec 31, 2017 46.10 Mn
Dec 31, 2017 46.10 Mn
Dec 31, 2016 439,694.30
Dec 31, 2016 439,694.30