Growth Metrics

Tencent Music Entertainment (TCMEF) Payables (2017 - 2026)

Tencent Music Entertainment recorded quarterly Payables of $1.4 billion in Q1 2026, up 0.7% quarter-over-quarter from $1.4 billion in Q4 2025, and down 7.23% year-over-year from $1.5 billion in Q1 2025.

Tencent Music Entertainment's Payables history runs 10 years deep, the most recent figure standing at $1.4 billion for Q1 2026.

  • In Q1 2026, Payables fell 7.23% year-over-year to $1.4 billion; the TTM figure through Mar 2026 stood at $1.4 billion (down 7.23% YoY), while the FY2025 annual figure was $1.4 billion, down 2.24% from the prior year.
  • Payables came in at $1.4 billion for Q1 2026 at Tencent Music Entertainment, up from $1.4 billion in the prior quarter.
  • In the past five years, Payables ranged from a high of $1.7 billion in Q2 2022 to a low of $1.4 billion in Q4 2025.
  • A 5-year average of $1.5 billion and a median of $1.5 billion in 2023 frame the typical range for Payables.
  • Across the five-year window, Payables advanced 15.64% in 2022 and declined 11.5% in 2025, its largest moves.
  • Tencent Music Entertainment's Payables stood at $1.5 billion in 2022, then decreased by 0.21% to $1.5 billion in 2023, then decreased by 1.56% to $1.5 billion in 2024, then retreated by 5.22% to $1.4 billion in 2025, then rose by 0.7% to $1.4 billion in 2026.
  • According to Business Quant data, Payables over the past three periods registered $1.4 billion, $1.4 billion, and $1.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Alphabet 4,554.43 Bn 4,338.81 Bn 102.29 Bn 16.85 Bn
2 Meta Platforms 1,602.78 Bn 1,521.60 Bn 46.09 Bn 13.33 Bn
3 Spotify Technology 119.86 Bn 109.62 Bn 1.75 Bn 1.46 Bn
4 Reddit 33.71 Bn 30.94 Bn 511.94 Mn 51.74 Mn
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn 621.70 Mn
6 Pinterest 12.76 Bn 11.46 Bn 768.96 Mn 74.98 Mn
7 Kanzhun 12.59 Bn 10.49 Bn 255.62 Bn 1.59 Bn
8 Snap 9.64 Bn 6.81 Bn 1.29 Bn 285.31 Mn
9 Match 8.43 Bn 7.41 Bn 653.28 Mn 9.31 Mn
10 Tencent Music Entertainment - - 514.00 Mn 1.39 Bn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 1.39 Bn
Dec 31, 2025 1.38 Bn
Sep 30, 2025 1.42 Bn
Jun 30, 2025 1.45 Bn
Mar 31, 2025 1.50 Bn
Dec 31, 2024 1.45 Bn
Jun 30, 2024 1.64 Bn
Mar 31, 2024 1.56 Bn
Dec 31, 2023 1.48 Bn
Sep 30, 2023 1.49 Bn
Jun 30, 2023 1.57 Bn
Mar 31, 2023 1.58 Bn
Dec 31, 2022 1.48 Bn
Sep 30, 2022 1.53 Bn
Jun 30, 2022 1.65 Bn
Mar 31, 2022 1.61 Bn
Dec 31, 2021 1.47 Bn
Sep 30, 2021 1.49 Bn
Jun 30, 2021 1.48 Bn
Mar 31, 2021 1.39 Bn
Dec 31, 2020 1.32 Bn
Jun 30, 2020 434.00 Mn
Mar 31, 2020 373.00 Mn
Dec 31, 2019 363.07 Mn
Sep 30, 2019 356.10 Mn
Jun 30, 2019 359.89 Mn
Mar 31, 2019 316.00 Mn
Dec 31, 2018 264.67 Mn
Dec 31, 2017 157.94 Mn