Tencent Music Entertainment (TME) Long-Term Deferred Tax (2016 - 2026)
Tencent Music Entertainment's Long-Term Deferred Tax was $93 million in Q2 2026, up 55.0% from $60 million a year earlier and up 19.2% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) Long-Term Deferred Tax (2016 - 2026) Analysis & Trends
At the end of FY2025, Long-Term Deferred Tax at Tencent Music Entertainment came in at $71 million, up 22.4% from FY2024.
- Long-Term Deferred Tax shows a five-year compound annual growth rate of 9.1% (FY2020 to FY2025).
- In earlier years, Long-Term Deferred Tax was $58 million in FY2024 (+16.0%), $50 million in FY2023 (unchanged), $50 million in FY2022 (-7.4%) and $54 million in FY2021 (+17.4%).
- The Q2 2026 figure marks the highest quarterly Long-Term Deferred Tax in data going back to Q4 2016.
- Compared with a year earlier, Long-Term Deferred Tax has increased for three straight quarters, with growth averaging 27.5% over the last six quarters.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q2 2026 (growth of 55.0%); the worst was Q2 2023 (a decline of 21.7%).
- Per Business Quant data, TME's Long-Term Deferred Tax in the three quarters before Q2 2026 was $78 million (Q1 2026), $70.21 million (Q4 2025) and $76 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 93.18 Mn |
| Mar 31, 2026 | 77.41 Mn |
| Dec 31, 2025 | 71.18 Mn |
| Sep 30, 2025 | 75.57 Mn |
| Jun 30, 2025 | 60.09 Mn |
| Mar 31, 2025 | 54.11 Mn |
| Dec 31, 2024 | 66.18 Mn |
| Jun 30, 2024 | 50.78 Mn |
| Mar 31, 2024 | 49.82 Mn |
| Dec 31, 2023 | 60.08 Mn |
| Sep 30, 2023 | 51.37 Mn |
| Jun 30, 2023 | 47.30 Mn |
| Mar 31, 2023 | 51.23 Mn |
| Dec 31, 2022 | 62.18 Mn |
| Sep 30, 2022 | 55.03 Mn |
| Jun 30, 2022 | 59.55 Mn |
| Mar 31, 2022 | 56.25 Mn |
| Dec 31, 2021 | 54.30 Mn |
| Sep 30, 2021 | 52.55 Mn |
| Jun 30, 2021 | 52.45 Mn |
API Access
Tencent Music Entertainment Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();