Tencent Music Entertainment (TME) Current Leases (2019)
Tencent Music Entertainment (TME) reported Current Leases of $20 million for Q2 2026, up 33.3% from $15 million a year earlier and up 25.0% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) Current Leases (2019) Analysis & Trends
At the end of FY2025, Tencent Music Entertainment posted Current Leases of $17 million, up 13.3% from FY2024.
- Current Leases has a five-year compound annual growth rate of 1.2% (FY2020 to FY2025).
- By year, Current Leases came in at $15 million in FY2024 (-6.1%), $15.97 million in FY2023 (-11.3%), $18 million in FY2022 (+28.6%) and $14 million in FY2021 (-12.5%).
- The Q2 2026 figure ranks as the highest quarterly Current Leases in data going back to Q1 2019.
- Year over year, Current Leases has now increased in each of the last three quarters, with growth averaging 9.8% over the last six quarters.
- The high point for year-over-year Current Leases in five years was Q2 2026 (growth of 33.3%); the low point was Q1 2024 (a decline of 23.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $16 million (Q1 2026), $16.36 million (Q4 2025) and $15 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | - |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | - |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | - |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | - |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | - |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | - |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2019 | 8.00 Mn |
| Jun 30, 2019 | 8.59 Mn |
| Mar 31, 2019 | 5.05 Mn |
API Access
Tencent Music Entertainment Current Leases 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=current-leases&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "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=current-leases&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();