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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,170.83 Bn | 3,741.79 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,525.91 Bn | 1,435.65 Bn | 49.47 Bn | - |
| 3 | Taboola.com | 1,144.63 Bn | 1,144.50 Bn | 139.48 Mn | - |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | - |
| 5 | Spotify Technology | 102.92 Bn | 92.68 Bn | 1.75 Bn | - |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.34 Bn | 39.71 Bn | 295.20 Mn | - |
| 9 | 30.23 Bn | 27.44 Bn | 734.60 Mn | - | |
| 10 | Tencent Music Entertainment | 26.88 Bn | 24.18 Bn | 514.00 Mn | 6.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2020 | 4.00 Mn |