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 | 33.71 Bn | 30.94 Bn | 511.94 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn |
| 6 | 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| Date | Value |
|---|---|
| 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 |