Tencent Music Entertainment (TME) Inventory Average (2019 - 2026)
Tencent Music Entertainment (TME) posted Inventory Average of $6.4 million for Q1 2026, down 7.26% sequentially from $6.9 million in Q4 2025, and up 106.08% YoY from $3.1 million in Q1 2025.
Analysis
Tencent Music Entertainment (TME) Inventory Average (2019 - 2026) Analysis & Trends
Tencent Music Entertainment has reported Inventory Average for 8 years, with the latest figure at $6.4 million in Q1 2026.
- Quarterly Inventory Average rose 106.08% year-over-year to $6.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.4 million (up 106.08% YoY) and the FY2025 annual result came in at $4.5 million, up 125.0% from the prior year.
- Inventory Average eased to $6.4 million in Q1 2026 per TME's latest filing, from $6.9 million in the prior quarter.
- Over five years, Inventory Average peaked at $6.9 million in Q4 2025 and troughed at $1.0 million in Q3 2023.
- A 5-year average of $3.2 million and a median of $3.0 million in 2022 frame the typical range for Inventory Average.
- The sharpest annual moves came in 2023 and 2026: Inventory Average sank 66.67% in 2023, then soared 106.08% in 2026.
- Over 5 years, Inventory Average stood at $2.5 million in 2022, then tumbled by 57.51% to $1.1 million in 2023, then jumped by 89.47% to $2.0 million in 2024, then jumped by 244.52% to $6.9 million in 2025, then slipped by 7.26% to $6.4 million in 2026.
- According to Business Quant data, Inventory Average over the past three periods registered $6.4 million, $6.9 million, and $6.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | - |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | - |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | - |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | - | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | - |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 10.50 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | - | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | - |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.50 Mn |
| Mar 31, 2026 | 6.39 Mn |
| Dec 31, 2025 | 6.89 Mn |
| Sep 30, 2025 | 6.00 Mn |
| Jun 30, 2025 | 3.50 Mn |
| Mar 31, 2025 | 3.10 Mn |
| Jun 30, 2024 | 2.00 Mn |
| Mar 31, 2024 | 1.56 Mn |
| Dec 31, 2023 | 1.06 Mn |
| Sep 30, 2023 | 1.00 Mn |
| Jun 30, 2023 | 1.50 Mn |
| Mar 31, 2023 | 1.98 Mn |
| Dec 31, 2022 | 2.48 Mn |
| Sep 30, 2022 | 3.00 Mn |
| Jun 30, 2022 | 3.50 Mn |
| Mar 31, 2022 | 3.88 Mn |
| Dec 31, 2021 | 3.88 Mn |
| Sep 30, 2021 | 3.50 Mn |
| Jun 30, 2021 | 3.00 Mn |
| Mar 31, 2021 | 2.86 Mn |