Tencent Music Entertainment (TME) Prepaid Assets (2017 - 2026)
Tencent Music Entertainment (TME) reported Prepaid Assets of $699 million for Q2 2026, up 2.2% from $684 million a year earlier and up 19.5% from the prior quarter.
Powered by 
Analysis
Tencent Music Entertainment (TME) Prepaid Assets (2017 - 2026) Analysis & Trends
At the end of FY2025, Tencent Music Entertainment posted Prepaid Assets of $598 million, up 15.0% from FY2024.
- Prepaid Assets has increased for three consecutive years, with a five-year compound annual growth rate of 6.5% (FY2020 to FY2025).
- By year, Prepaid Assets came in at $520 million in FY2024 (+7.4%), $484 million in FY2023 (+12.8%), $429 million in FY2022 (unchanged) and $429 million in FY2021 (-1.6%).
- The Q2 2026 figure ranks as the highest quarterly Prepaid Assets in data going back to Q4 2017.
- Year over year, Prepaid Assets gained in five of the last six quarters, with growth averaging 19.6%.
- The high point for year-over-year Prepaid Assets in five years was Q2 2025 (growth of 55.5%); the low point was Q3 2023 (a decline of 22.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $585 million (Q1 2026), $589.77 million (Q4 2025) and $540 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 | 698.45 Mn |
| Mar 31, 2026 | 60.48 Mn |
| Dec 31, 2025 | 597.90 Mn |
| Sep 30, 2025 | 52.39 Mn |
| Jun 30, 2025 | 36.67 Mn |
| Mar 31, 2025 | 42.96 Mn |
| Dec 31, 2024 | 519.72 Mn |
| Jun 30, 2024 | 57.66 Mn |
| Mar 31, 2024 | 60.47 Mn |
| Dec 31, 2023 | 483.75 Mn |
| Sep 30, 2023 | 79.45 Mn |
| Jun 30, 2023 | 88.53 Mn |
| Mar 31, 2023 | 87.19 Mn |
| Dec 31, 2022 | 424.81 Mn |
| Sep 30, 2022 | 92.51 Mn |
| Jun 30, 2022 | 92.84 Mn |
| Mar 31, 2022 | 106.36 Mn |
| Dec 31, 2021 | 428.59 Mn |
| Sep 30, 2021 | 355.05 Mn |
| Jun 30, 2021 | 175.61 Mn |
API Access
Tencent Music Entertainment Prepaid Assets 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=prepaid-assets&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();