Tencent Music Entertainment (TME) Total Liabilities (2017 - 2026)
Tencent Music Entertainment's Total Liabilities came in at $5.29 billion for Q2 2026, up 76.2% from $3 billion a year earlier and up 61.2% from the prior quarter.
Tencent Music Entertainment (TME) Total Liabilities (2017 - 2026) Analysis & Trends
At the end of FY2025, Tencent Music Entertainment's Total Liabilities was $2.78 billion, down 1.9% from FY2024.
- Total Liabilities carries a five-year compound annual growth rate of 3.2% (FY2020 to FY2025).
- Going back by year, Total Liabilities was $2.84 billion in FY2024 (+10.0%), $2.58 billion in FY2023 (-0.4%), $2.59 billion in FY2022 (+2.0%) and $2.54 billion in FY2021 (+6.7%).
- The Q2 2026 figure represents the highest quarterly Total Liabilities in data going back to Q4 2017.
- Year-over-year, Total Liabilities increased in five of the last six quarters, with growth averaging 20.4%.
- The fastest year-over-year change in Total Liabilities over five years came in Q2 2026 (growth of 76.2%), and the weakest in Q3 2023 (a decline of 8.9%).
- Business Quant data shows TME's Total Liabilities at $3.28 billion (Q1 2026), $2.75 billion (Q4 2025) and $2.72 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 281.50 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 188.74 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 28.30 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 125.97 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 1.79 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 37.58 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 40.47 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 31.74 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 6.13 Bn |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | 5.69 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.69 Bn |
| Mar 31, 2026 | 3.29 Bn |
| Dec 31, 2025 | 3.18 Bn |
| Sep 30, 2025 | 2.73 Bn |
| Jun 30, 2025 | 3.00 Bn |
| Mar 31, 2025 | 3.15 Bn |
| Dec 31, 2024 | 2.84 Bn |
| Jun 30, 2024 | 2.69 Bn |
| Mar 31, 2024 | 2.55 Bn |
| Dec 31, 2023 | 2.58 Bn |
| Sep 30, 2023 | 2.44 Bn |
| Jun 30, 2023 | 2.45 Bn |
| Mar 31, 2023 | 2.48 Bn |
| Dec 31, 2022 | 2.57 Bn |
| Sep 30, 2022 | 2.59 Bn |
| Jun 30, 2022 | 2.69 Bn |
| Mar 31, 2022 | 2.64 Bn |
| Dec 31, 2021 | 2.54 Bn |
| Sep 30, 2021 | 2.44 Bn |
| Jun 30, 2021 | 2.43 Bn |
Tencent Music Entertainment Total Liabilities 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=total-liabilities&ticker=TME&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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=total-liabilities&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();