Tencent Music Entertainment (TME) Liabilities and Shareholders Equity (2017 - 2026)
Tencent Music Entertainment's Liabilities and Shareholders Equity was $17.24 billion in Q2 2026, up 14.5% from $15.06 billion a year earlier and up 19.6% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) Liabilities and Shareholders Equity (2017 - 2026) Analysis & Trends
At the end of FY2025, Liabilities and Shareholders Equity at Tencent Music Entertainment came in at $14.66 billion, up 18.3% from FY2024.
- Liabilities and Shareholders Equity has now increased for three consecutive years, with a five-year compound annual growth rate of 7.0% (FY2020 to FY2025).
- In earlier years, Liabilities and Shareholders Equity was $12.39 billion in FY2024 (+16.5%), $10.64 billion in FY2023 (+9.5%), $9.72 billion in FY2022 (-7.9%) and $10.55 billion in FY2021 (+0.9%).
- The Q2 2026 figure marks the highest quarterly Liabilities and Shareholders Equity in data going back to Q4 2017.
- Compared with a year earlier, Liabilities and Shareholders Equity has increased for three straight quarters, with growth averaging 18.4% over the last six quarters.
- The best year-over-year quarter for Liabilities and Shareholders Equity over five years was Q2 2025 (growth of 32.3%); the worst was Q4 2022 (a decline of 10.4%).
- Per Business Quant data, TME's Liabilities and Shareholders Equity in the three quarters before Q2 2026 was $14.42 billion (Q1 2026), $14.45 billion (Q4 2025) and $14.65 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 921.98 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 449.96 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 58.45 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 288.82 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 14.47 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 65.80 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 29.68 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 97.65 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 15.70 Bn |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | 17.21 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.21 Bn |
| Mar 31, 2026 | 14.45 Bn |
| Dec 31, 2025 | 14.65 Bn |
| Sep 30, 2025 | 14.73 Bn |
| Jun 30, 2025 | 15.04 Bn |
| Mar 31, 2025 | 13.50 Bn |
| Dec 31, 2024 | 12.39 Bn |
| Jun 30, 2024 | 11.34 Bn |
| Mar 31, 2024 | 10.96 Bn |
| Dec 31, 2023 | 10.63 Bn |
| Sep 30, 2023 | 9.99 Bn |
| Jun 30, 2023 | 9.99 Bn |
| Mar 31, 2023 | 10.06 Bn |
| Dec 31, 2022 | 9.62 Bn |
| Sep 30, 2022 | 9.37 Bn |
| Jun 30, 2022 | 9.90 Bn |
| Mar 31, 2022 | 10.40 Bn |
| Dec 31, 2021 | 10.55 Bn |
| Sep 30, 2021 | 10.26 Bn |
| Jun 30, 2021 | 10.53 Bn |
API Access
Tencent Music Entertainment Liabilities and Shareholders Equity 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=liabilities-and-shareholders-equity&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "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=liabilities-and-shareholders-equity&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();