Tencent Music Entertainment (TCMEF) Total Liabilities (2017 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Total Liabilities came in at $5.3 billion in Q2 2026, up 76.17% year-over-year from $3.0 billion in Q2 2025, and up 60.5% quarter-over-quarter from $3.3 billion in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Total Liabilities (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Total Liabilities across 10 years of filings, most recently posting $5.3 billion for Q2 2026.
- In Q2 2026, Total Liabilities rose 76.17% year-over-year to $5.3 billion; the TTM figure through Jun 2026 stood at $5.3 billion (up 76.17% YoY), while the FY2025 annual figure was $2.8 billion, down 1.9% from the prior year.
- Total Liabilities came in at $5.3 billion for Q2 2026 at Tencent Music Entertainment, up from $3.3 billion in the prior quarter.
- In the past five years, Total Liabilities ranged from a high of $5.3 billion in Q2 2026 to a low of $2.4 billion in Q3 2023.
- Average Total Liabilities over 5 years is $2.9 billion, with a median of $2.7 billion recorded in 2024.
- Year-over-year, Total Liabilities declined 9.06% in 2023 and jumped 76.17% in 2026.
- Over 5 years, Total Liabilities stood at $2.5 billion in 2022, then grew by 1.28% to $2.5 billion in 2023, then increased by 13.27% to $2.9 billion in 2024, then fell by 4.81% to $2.7 billion in 2025, then soared by 92.58% to $5.3 billion in 2026.
- Per Business Quant data, the three most recent Total Liabilities figures were $5.3 billion in Q2 2026, $3.3 billion in Q1 2026, and $2.7 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 320.19 Bn | 311.06 Bn | 6.52 Bn | 28.30 Bn |
| 2 | Spotify Technology | 108.64 Bn | 97.73 Bn | 1.86 Bn | 6.23 Bn |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | 5.29 Bn |
| 4 | Huya | 471.18 Mn | 110.92 Mn | 37.58 Mn | 241.18 Mn |
| 5 | iQIYI | 405.33 Mn | -65.56 Mn | 152.37 Mn | 4.82 Bn |
| 6 | FuboTV | 313.61 Mn | -138.81 Mn | 399.10 Mn | 1.44 Bn |
| 7 | Kaltura | 216.95 Mn | 185.65 Mn | 34.54 Mn | 167.13 Mn |
| 8 | CuriosityStream | 153.89 Mn | 105.50 Mn | 16.93 Mn | 26.00 Mn |
| 9 | LiveOne | 52.71 Mn | 44.05 Mn | 3.94 Mn | 53.77 Mn |
| 10 | Cineverse | 46.61 Mn | 42.29 Mn | 10.66 Mn | 95.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.29 Bn |
| Mar 31, 2026 | 3.29 Bn |
| Dec 31, 2025 | 2.75 Bn |
| Sep 30, 2025 | 2.73 Bn |
| Jun 30, 2025 | 3.00 Bn |
| Mar 31, 2025 | 3.15 Bn |
| Dec 31, 2024 | 2.88 Bn |
| Jun 30, 2024 | 2.69 Bn |
| Mar 31, 2024 | 2.55 Bn |
| Dec 31, 2023 | 2.55 Bn |
| Sep 30, 2023 | 2.44 Bn |
| Jun 30, 2023 | 2.45 Bn |
| Mar 31, 2023 | 2.48 Bn |
| Dec 31, 2022 | 2.51 Bn |
| Sep 30, 2022 | 2.60 Bn |
| Jun 30, 2022 | 2.69 Bn |
| Mar 31, 2022 | 2.65 Bn |
| Dec 31, 2021 | 2.53 Bn |
| Sep 30, 2021 | 2.45 Bn |
| Jun 30, 2021 | 2.43 Bn |