Tencent Music Entertainment (TME) Inventory (2017 - 2026)
Tencent Music Entertainment (TME) posted Inventory of $14 million for Q2 2026, up 250.0% from $4 million a year earlier and up 100.0% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) Inventory (2017 - 2026) Analysis & Trends
At the end of FY2025, Tencent Music Entertainment's Inventory came in at $6 million, up 100.0% from FY2024.
- Annual Inventory shows a five-year compound annual growth rate of 14.9% (FY2020 to FY2025).
- In prior years, Tencent Music Entertainment's Inventory was $3 million in FY2024 (+200.0%), $1 million in FY2023 (-50.0%), $2 million in FY2022 (-50.0%) and $4 million in FY2021 (+33.3%).
- The Q2 2026 figure stands as the highest quarterly Inventory in data going back to Q4 2017.
- On a year-over-year basis, Inventory has increased in each of the last three quarters, with growth averaging 133.7% over the last six quarters.
- The strongest year-over-year quarter for Inventory in the past five years was Q2 2026, with growth of 250.0%; the weakest was Q2 2023, with a decline of 66.7%.
- According to Business Quant data, Inventory for the three prior quarters was $7 million (Q1 2026), $5.78 million (Q4 2025) and $8 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 9.99 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 | 14.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.43 Mn |
| Mar 31, 2026 | 6.94 Mn |
| Dec 31, 2025 | 5.86 Mn |
| Sep 30, 2025 | 8.01 Mn |
| Jun 30, 2025 | 4.46 Mn |
| Mar 31, 2025 | 2.48 Mn |
| Dec 31, 2024 | 3.15 Mn |
| Jun 30, 2024 | 1.93 Mn |
| Mar 31, 2024 | 1.52 Mn |
| Dec 31, 2023 | 1.13 Mn |
| Sep 30, 2023 | 684,940.89 |
| Jun 30, 2023 | 827,380.75 |
| Mar 31, 2023 | 1.75 Mn |
| Dec 31, 2022 | 2.01 Mn |
| Sep 30, 2022 | 2.81 Mn |
| Jun 30, 2022 | 3.43 Mn |
| Mar 31, 2022 | 3.62 Mn |
| Dec 31, 2021 | 3.77 Mn |
| Sep 30, 2021 | 4.17 Mn |
| Jun 30, 2021 | 3.25 Mn |
API Access
Tencent Music Entertainment Inventory 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=inventory&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();