Tencent Music Entertainment (TCMEF) Receivables - Net (2017 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Receivables - Net came in at $617.0 million in Q2 2026, up 18.43% year-over-year from $521.0 million in Q2 2025, and up 11.17% quarter-over-quarter from $555.0 million in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Receivables - Net (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Receivables - Net across 10 years of filings, most recently posting $617.0 million for Q2 2026.
- In Q2 2026, Receivables - Net rose 18.43% year-over-year to $617.0 million; the TTM figure through Jun 2026 stood at $617.0 million (up 18.43% YoY), while the FY2025 annual figure was $558.0 million, up 16.01% from the prior year.
- Receivables - Net came in at $617.0 million for Q2 2026 at Tencent Music Entertainment, up from $555.0 million in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $617.0 million in Q2 2026 to a low of $339.0 million in Q2 2023.
- Average Receivables - Net over 5 years is $447.9 million, with a median of $416.0 million recorded in 2024.
- Year-over-year, Receivables - Net plunged 32.37% in 2022 and grew 25.85% in 2026.
- Over 5 years, Receivables - Net stood at $384.0 million in 2022, then gained by 8.33% to $416.0 million in 2023, then rose by 18.14% to $491.4 million in 2024, then increased by 11.98% to $550.3 million in 2025, then increased by 12.12% to $617.0 million in 2026.
- Per Business Quant data, the three most recent Receivables - Net figures were $617.0 million in Q2 2026, $555.0 million in Q1 2026, and $550.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 320.19 Bn | 311.06 Bn | 6.52 Bn |
| 2 | Spotify Technology | 108.64 Bn | 97.73 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn |
| 4 | Huya | 471.18 Mn | 110.92 Mn | 37.58 Mn |
| 5 | iQIYI | 405.33 Mn | -65.56 Mn | 152.37 Mn |
| 6 | FuboTV | 313.61 Mn | -138.81 Mn | 399.10 Mn |
| 7 | Kaltura | 216.95 Mn | 185.65 Mn | 34.54 Mn |
| 8 | CuriosityStream | 153.89 Mn | 105.50 Mn | 16.93 Mn |
| 9 | LiveOne | 52.71 Mn | 44.05 Mn | 3.94 Mn |
| 10 | Cineverse | 46.61 Mn | 42.29 Mn | 10.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 617.00 Mn |
| Mar 31, 2026 | 555.00 Mn |
| Dec 31, 2025 | 550.29 Mn |
| Sep 30, 2025 | 517.00 Mn |
| Jun 30, 2025 | 521.00 Mn |
| Mar 31, 2025 | 441.00 Mn |
| Dec 31, 2024 | 491.43 Mn |
| Jun 30, 2024 | 416.00 Mn |
| Mar 31, 2024 | 389.00 Mn |
| Dec 31, 2023 | 415.97 Mn |
| Sep 30, 2023 | 343.00 Mn |
| Jun 30, 2023 | 339.00 Mn |
| Mar 31, 2023 | 396.00 Mn |
| Dec 31, 2022 | 383.99 Mn |
| Sep 30, 2022 | 410.00 Mn |
| Jun 30, 2022 | 433.00 Mn |
| Mar 31, 2022 | 396.00 Mn |
| Dec 31, 2021 | 567.77 Mn |
| Sep 30, 2021 | 417.00 Mn |
| Jun 30, 2021 | 403.00 Mn |