Tencent Music Entertainment (TME) Assets (2017 - 2026)
Tencent Music Entertainment's Assets came in at $17.24 billion for Q2 2026, up 14.5% from $15.06 billion a year earlier and up 19.1% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) Assets (2017 - 2026) Analysis & Trends
At the end of FY2025, Tencent Music Entertainment's Assets was $14.66 billion, up 18.3% from FY2024.
- Assets has increased in each of the last three years, with a five-year compound annual growth rate of 7.0% (FY2020 to FY2025).
- Going back by year, Assets was $12.39 billion in FY2024 (+16.5%), $10.64 billion in FY2023 (+9.5%), $9.72 billion in FY2022 (-7.9%) and $10.55 billion in FY2021 (+0.9%).
- The Q2 2026 figure represents the highest quarterly Assets in data going back to Q4 2017.
- Year-over-year, Assets has increased for three consecutive quarters, with growth averaging 18.7% over the last six quarters.
- The fastest year-over-year change in Assets over five years came in Q2 2025 (growth of 32.8%), and the weakest in Q4 2022 (a decline of 10.4%).
- Business Quant data shows TME's Assets at $14.48 billion (Q1 2026), $14.45 billion (Q4 2025) and $14.73 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 921.98 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 449.96 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 58.45 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 289.18 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 14.47 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 65.80 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 29.68 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 97.77 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 15.70 Bn |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | 17.21 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.21 Bn |
| Mar 31, 2026 | 14.45 Bn |
| Dec 31, 2025 | 14.65 Bn |
| Sep 30, 2025 | 14.73 Bn |
| Jun 30, 2025 | 15.04 Bn |
| Mar 31, 2025 | 13.50 Bn |
| Dec 31, 2024 | 12.39 Bn |
| Jun 30, 2024 | 11.34 Bn |
| Mar 31, 2024 | 10.96 Bn |
| Dec 31, 2023 | 10.63 Bn |
| Sep 30, 2023 | 9.99 Bn |
| Jun 30, 2023 | 9.99 Bn |
| Mar 31, 2023 | 10.06 Bn |
| Dec 31, 2022 | 9.62 Bn |
| Sep 30, 2022 | 9.37 Bn |
| Jun 30, 2022 | 9.90 Bn |
| Mar 31, 2022 | 10.40 Bn |
| Dec 31, 2021 | 10.55 Bn |
| Sep 30, 2021 | 10.26 Bn |
| Jun 30, 2021 | 10.53 Bn |
API Access
Tencent Music Entertainment Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets", "ticker": "TME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=assets&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();