Tencent Music Entertainment (TME) Land & Improvements (2021 - 2026)
Tencent Music Entertainment's Land & Improvements came in at $332 million for Q2 2026, up 2.2% from $325 million a year earlier and up 0.9% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) Land & Improvements (2021 - 2026) Analysis & Trends
At the end of FY2025, Tencent Music Entertainment's Land & Improvements was $327 million, up 0.9% from FY2024.
- Land & Improvements carries a four-year compound annual growth rate of 8.6% (FY2021 to FY2025).
- Going back by year, Land & Improvements was $324 million in FY2024 (-5.5%), $343 million in FY2023 (-4.7%), $360 million in FY2022 (+53.2%) and $235 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Land & Improvements since Q1 2024.
- Year-over-year, Land & Improvements increased in two of the last six quarters, with an average decline of 1.0%.
- The fastest year-over-year change in Land & Improvements over five years came in Q4 2022 (growth of 49.1%), and the weakest in Q1 2023 (a decline of 10.5%).
- Business Quant data shows TME's Land & Improvements at $329 million (Q1 2026), $322.87 million (Q4 2025) and $324 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (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 | 331.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 331.78 Mn |
| Mar 31, 2026 | 328.72 Mn |
| Dec 31, 2025 | 327.33 Mn |
| Sep 30, 2025 | 324.18 Mn |
| Jun 30, 2025 | 324.45 Mn |
| Mar 31, 2025 | 322.88 Mn |
| Dec 31, 2024 | 323.92 Mn |
| Jun 30, 2024 | 330.39 Mn |
| Mar 31, 2024 | 334.74 Mn |
| Dec 31, 2023 | 342.90 Mn |
| Sep 30, 2023 | 336.44 Mn |
| Jun 30, 2023 | 337.02 Mn |
| Mar 31, 2023 | 358.35 Mn |
| Dec 31, 2022 | 356.16 Mn |
| Sep 30, 2022 | 350.79 Mn |
| Jun 30, 2022 | 375.68 Mn |
| Mar 31, 2022 | 399.45 Mn |
| Dec 31, 2021 | 234.62 Mn |
API Access
Tencent Music Entertainment Land & Improvements 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=land-and-improvements&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "land-and-improvements", "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=land-and-improvements&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();