Tencent Music Entertainment (TCMEF) Receivables (2017 - 2026)
Tencent Music Entertainment recorded quarterly Receivables of $552.2 million in Q1 2026, down 1.17% quarter-over-quarter from $558.8 million in Q4 2025, and up 25.22% year-over-year from $441.0 million in Q1 2025.
Tencent Music Entertainment's Receivables history runs 10 years deep, the most recent figure standing at $552.2 million for Q1 2026.
- In Q1 2026, Receivables rose 25.22% year-over-year to $552.2 million; the TTM figure through Mar 2026 stood at $552.2 million (up 25.22% YoY), while the FY2025 annual figure was $566.5 million, up 16.02% from the prior year.
- Receivables came in at $552.2 million for Q1 2026 at Tencent Music Entertainment, down from $558.8 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $558.8 million in Q4 2025 to a low of $345.9 million in Q3 2023.
- A 5-year average of $441.6 million and a median of $429.7 million in 2022 frame the typical range for Receivables.
- Across the five-year window, Receivables tumbled 59.68% in 2022 and rose 25.22% in 2026, its largest moves.
- Tencent Music Entertainment's Receivables stood at $387.2 million in 2022, then grew by 12.73% to $436.5 million in 2023, then gained by 14.24% to $498.7 million in 2024, then grew by 12.05% to $558.8 million in 2025, then slipped by 1.17% to $552.2 million in 2026.
- According to Business Quant data, Receivables over the past three periods registered $552.2 million, $558.8 million, and $514.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 63.00 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 17.47 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 799.62 Mn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 522.91 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -758.90 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 830.38 Mn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 6.91 Mn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 1.19 Bn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 293.19 Mn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | 552.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 555.00 Mn |
| Dec 31, 2025 | 578.21 Mn |
| Sep 30, 2025 | 514.44 Mn |
| Jun 30, 2025 | 515.54 Mn |
| Mar 31, 2025 | 441.00 Mn |
| Dec 31, 2024 | 498.67 Mn |
| Jun 30, 2024 | 417.72 Mn |
| Mar 31, 2024 | 392.69 Mn |
| Dec 31, 2023 | 418.88 Mn |
| Sep 30, 2023 | 345.90 Mn |
| Jun 30, 2023 | 351.08 Mn |
| Mar 31, 2023 | 397.88 Mn |
| Dec 31, 2022 | 395.80 Mn |
| Sep 30, 2022 | 426.32 Mn |
| Jun 30, 2022 | 433.00 Mn |
| Mar 31, 2022 | 396.00 Mn |
| Dec 31, 2021 | 957.23 Mn |
| Sep 30, 2021 | 415.20 Mn |
| Jun 30, 2021 | 403.00 Mn |
| Mar 31, 2021 | 430.00 Mn |
| Dec 31, 2020 | 430.50 Mn |
| Jun 30, 2020 | 282.00 Mn |
| Mar 31, 2020 | 294.00 Mn |
| Dec 31, 2019 | 546.38 Mn |
| Sep 30, 2019 | 247.39 Mn |
| Jun 30, 2019 | 247.22 Mn |
| Mar 31, 2019 | 274.00 Mn |
| Dec 31, 2018 | 220.13 Mn |
| Dec 31, 2017 | 181.37 Mn |