Tencent Music Entertainment (TCMEF) Receivables - Net (2017 - 2026)
Tencent Music Entertainment recorded quarterly Receivables - Net of $555.0 million in Q1 2026, up 0.86% quarter-over-quarter from $550.3 million in Q4 2025, and up 25.85% year-over-year from $441.0 million in Q1 2025.
Tencent Music Entertainment's Receivables - Net history runs 10 years deep, the most recent figure standing at $555.0 million for Q1 2026.
- In Q1 2026, Receivables - Net rose 25.85% year-over-year to $555.0 million; the TTM figure through Mar 2026 stood at $555.0 million (up 25.85% YoY), while the FY2025 annual figure was $558.0 million, up 16.01% from the prior year.
- Receivables - Net came in at $555.0 million for Q1 2026 at Tencent Music Entertainment, up from $550.3 million in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $555.0 million in Q1 2026 to a low of $339.0 million in Q2 2023.
- A 5-year average of $436.8 million and a median of $416.0 million in 2023 frame the typical range for Receivables - Net.
- Across the five-year window, Receivables - Net plunged 33.88% in 2022 and grew 25.85% in 2026, its largest moves.
- Tencent Music Entertainment's Receivables - Net stood at $375.4 million in 2022, then gained by 10.8% to $416.0 million in 2023, then gained by 18.14% to $491.4 million in 2024, then rose by 11.98% to $550.3 million in 2025, then climbed by 0.86% to $555.0 million in 2026.
- According to Business Quant data, Receivables - Net over the past three periods registered $555.0 million, $550.3 million, and $517.0 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 | 555.00 Mn |
| Mar 31, 2026 | 555.00 Mn |
| Dec 31, 2025 | 550.29 Mn |
| Dec 31, 2025 | 550.29 Mn |
| Sep 30, 2025 | 517.00 Mn |
| Sep 30, 2025 | 517.00 Mn |
| Jun 30, 2025 | 521.00 Mn |
| Jun 30, 2025 | 521.00 Mn |
| Mar 31, 2025 | 441.00 Mn |
| Mar 31, 2025 | 441.00 Mn |
| Dec 31, 2024 | 491.43 Mn |
| Dec 31, 2024 | 491.43 Mn |
| Jun 30, 2024 | 416.00 Mn |
| Jun 30, 2024 | 416.00 Mn |
| Mar 31, 2024 | 389.00 Mn |
| Mar 31, 2024 | 389.00 Mn |
| Dec 31, 2023 | 415.97 Mn |
| Dec 31, 2023 | 415.97 Mn |
| Sep 30, 2023 | 343.00 Mn |
| Sep 30, 2023 | 343.00 Mn |
| Jun 30, 2023 | 339.00 Mn |
| Jun 30, 2023 | 339.00 Mn |
| Mar 31, 2023 | 396.00 Mn |
| Mar 31, 2023 | 396.00 Mn |
| Dec 31, 2022 | 383.99 Mn |
| Dec 31, 2022 | 383.99 Mn |
| Sep 30, 2022 | 410.00 Mn |
| Sep 30, 2022 | 410.00 Mn |
| Jun 30, 2022 | 433.00 Mn |
| Jun 30, 2022 | 433.00 Mn |
| Mar 31, 2022 | 396.00 Mn |
| Mar 31, 2022 | 396.00 Mn |
| Dec 31, 2021 | 564.64 Mn |
| Dec 31, 2021 | 564.64 Mn |
| Sep 30, 2021 | 417.00 Mn |
| Sep 30, 2021 | 417.00 Mn |
| Jun 30, 2021 | 403.00 Mn |
| Jun 30, 2021 | 403.00 Mn |
| Mar 31, 2021 | 430.00 Mn |
| Mar 31, 2021 | 430.00 Mn |
| Dec 31, 2020 | 422.50 Mn |
| Dec 31, 2020 | 422.50 Mn |
| Jun 30, 2020 | 282.00 Mn |
| Jun 30, 2020 | 282.00 Mn |
| Mar 31, 2020 | 294.00 Mn |
| Mar 31, 2020 | 294.00 Mn |
| Dec 31, 2019 | 311.85 Mn |
| Dec 31, 2019 | 311.85 Mn |
| Sep 30, 2019 | 243.00 Mn |
| Sep 30, 2019 | 243.00 Mn |
| Jun 30, 2019 | 245.00 Mn |
| Jun 30, 2019 | 245.00 Mn |
| Mar 31, 2019 | 274.00 Mn |
| Mar 31, 2019 | 274.00 Mn |
| Dec 31, 2018 | 214.49 Mn |
| Dec 31, 2018 | 214.49 Mn |
| Dec 31, 2017 | 175.48 Mn |
| Dec 31, 2017 | 175.48 Mn |