Tencent Music Entertainment (TME) Total Non-Current Liabilities (2016 - 2026)
Tencent Music Entertainment (TME) recorded Total Non-Current Liabilities of $1.94 billion in Q2 2026, up 177.2% from $698 million a year earlier and up 118.9% from the prior quarter.
Tencent Music Entertainment (TME) Total Non-Current Liabilities (2016 - 2026) Analysis & Trends
At the end of FY2025, Tencent Music Entertainment reported Total Non-Current Liabilities of $698 million, up 22.2% from FY2024.
- Annual Total Non-Current Liabilities has a five-year compound annual growth rate of -5.2% (FY2020 to FY2025).
- Across earlier years, Total Non-Current Liabilities came in at $571 million in FY2024 (-66.3%), $1.69 billion in FY2023 (+89.3%), $894 million in FY2022 (-0.9%) and $902 million in FY2021 (-0.9%).
- The Q2 2026 figure is the highest quarterly Total Non-Current Liabilities in data going back to Q4 2016.
- On a year-over-year basis, Total Non-Current Liabilities has increased for three consecutive quarters, with growth averaging 26.8% over the last six quarters.
- Peak year-over-year performance for Total Non-Current Liabilities in the last five years was growth of 177.2% in Q2 2026, against a decline of 33.9% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $884 million (Q1 2026), $688.47 million (Q4 2025) and $714 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 261.69 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 166.27 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 25.59 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 122.05 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 326.00 Mn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 37.14 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 39.77 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 428.00 Mn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 6.10 Bn |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | 1.93 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.93 Bn |
| Mar 31, 2026 | 882.57 Mn |
| Dec 31, 2025 | 697.96 Mn |
| Sep 30, 2025 | 714.25 Mn |
| Jun 30, 2025 | 697.42 Mn |
| Mar 31, 2025 | 585.86 Mn |
| Dec 31, 2024 | 571.11 Mn |
| Jun 30, 2024 | 873.38 Mn |
| Mar 31, 2024 | 862.66 Mn |
| Dec 31, 2023 | 889.26 Mn |
| Sep 30, 2023 | 873.30 Mn |
| Jun 30, 2023 | 870.54 Mn |
| Mar 31, 2023 | 883.50 Mn |
| Dec 31, 2022 | 885.38 Mn |
| Sep 30, 2022 | 887.58 Mn |
| Jun 30, 2022 | 915.10 Mn |
| Mar 31, 2022 | 900.38 Mn |
| Dec 31, 2021 | 902.21 Mn |
| Sep 30, 2021 | 899.13 Mn |
| Jun 30, 2021 | 902.51 Mn |
Tencent Music Entertainment Total Non-Current 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-non-current-liabilities&ticker=TME&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-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-non-current-liabilities&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();