Tencent Music Entertainment reported total assets of $17.24B and total liabilities of $5.29B for the quarter ended Jun 2026, up 14.5% year over year. This balance sheet covers 32 quarters of results from Dec 2016 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Dec2016 | Dec2017 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 1.06B | 0.79B | 1.03B | 1.32B | 1.50B | 1.21B | 1.34B | 1.77B | 1.79B | 1.70B | 1.88B | 1.42B | 1.69B | 1.83B | 1.66B | 1.53B | 1.58B | 1.19B | 2.67B | 3.49B | ||||||||||||
| Short-term InvestmentsInvestments (Current) | 0.36B | 0.18B | 2.49B | 0.17B | 0.17B | 1.45B | -4.77B | 0.01B | 0.00B | 0.00B | -1.90B | 0.00B | 0.14B | -3.40B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.02B | ||||||||||||
| Cash & Current Investments | 1.42B | 0.96B | 3.52B | 1.49B | 1.67B | 2.76B | -3.43B | 1.78B | 1.85B | 1.71B | -0.01B | 1.42B | 1.83B | -1.57B | 1.66B | 1.54B | 1.57B | 1.20B | 2.66B | 3.50B | ||||||||||||
| Receivables - NetNet Receivables | 0.40B | 0.42B | 0.57B | 0.40B | 0.43B | 0.41B | 0.38B | 0.40B | 0.34B | 0.34B | 0.42B | 0.39B | 0.42B | 0.49B | 0.44B | 0.52B | 0.52B | 0.55B | 0.56B | 0.62B | ||||||||||||
| Receivables - OtherOther Receivables | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | |||||||||||||||||||||||||||
| Receivables | 0.40B | 0.42B | 0.58B | 0.40B | 0.43B | 0.43B | 0.39B | 0.40B | 0.35B | 0.35B | 0.42B | 0.39B | 0.42B | 0.50B | 0.44B | 0.52B | 0.51B | 0.56B | 0.55B | 0.61B | ||||||||||||
| Inventory | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.01B | 0.01B | 0.01B | 0.01B | ||||||||||||
| Prepaid Assets | 0.53B | 0.49B | 0.43B | 0.42B | 0.51B | 0.59B | 0.42B | 0.38B | 0.43B | 0.46B | 0.48B | 0.42B | 0.44B | 0.53B | 0.59B | 0.68B | 0.54B | 0.59B | 0.58B | 0.70B | ||||||||||||
| Current Assets | 4.39B | 4.05B | 4.19B | 3.98B | 4.14B | 3.67B | 3.73B | 3.76B | 3.94B | 3.85B | 4.16B | 4.51B | 4.24B | 4.81B | 4.71B | 4.31B | 4.20B | 4.58B | 5.03B | 5.85B | ||||||||||||
| Non-Current Assets | ||||||||||||||||||||||||||||||||
| Land & Improvements | 0.23B | 0.40B | 0.38B | 0.35B | 0.35B | 0.36B | 0.34B | 0.34B | 0.34B | 0.34B | 0.33B | 0.33B | 0.32B | 0.33B | 0.32B | 0.32B | 0.33B | 0.33B | ||||||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 0.03B | 0.04B | 0.04B | 0.04B | 0.04B | 0.04B | 0.05B | 0.05B | 0.06B | 0.06B | 0.07B | 0.07B | 0.08B | 7.78B | 0.12B | 0.13B | 0.15B | 0.17B | 0.19B | 0.23B | ||||||||||||
| Long-Term Investments | 0.55B | 0.56B | 0.56B | 0.58B | 0.61B | 0.62B | 0.61B | 0.62B | 0.62B | 0.60B | 0.59B | 0.59B | 0.65B | 0.65B | 0.26B | 0.26B | 0.26B | 0.23B | 0.38B | 0.40B | ||||||||||||
| Goodwill | 2.95B | 2.96B | 2.99B | 3.02B | 2.91B | 2.74B | 2.74B | 2.85B | 2.69B | 2.68B | 2.71B | 2.71B | 2.70B | 2.74B | 2.71B | 2.86B | 2.88B | 2.89B | 2.98B | 4.39B | ||||||||||||
| Intangibles | 0.42B | 0.43B | 0.44B | 0.42B | 0.41B | 0.35B | 0.33B | 0.33B | 0.30B | 0.29B | 0.28B | 0.28B | 0.28B | 0.29B | 0.28B | 0.42B | 0.41B | 0.41B | 0.40B | 0.87B | ||||||||||||
| Goodwill & Intangibles | 3.38B | 3.38B | 3.43B | 3.44B | 3.32B | 3.21B | 3.07B | 3.19B | 3.10B | 3.00B | 3.00B | 2.99B | 2.99B | 3.02B | 2.99B | 3.28B | 3.28B | 3.30B | 3.36B | 5.24B | ||||||||||||
| Long-Term Deferred Tax | 0.05B | 0.05B | 0.06B | 0.06B | 0.06B | 0.06B | 0.06B | 0.05B | 0.05B | 0.05B | 0.06B | 0.05B | 0.05B | 0.06B | 0.05B | 0.06B | 0.08B | 0.07B | 0.08B | 0.09B | ||||||||||||
| Non-Current Assets | 6.15B | 6.23B | 6.33B | 6.43B | 5.76B | 5.95B | 5.69B | 6.32B | 6.26B | 6.20B | 6.33B | 6.46B | 7.13B | 7.78B | 8.81B | 10.75B | 10.47B | 9.88B | 9.41B | 11.35B | ||||||||||||
| Assets | 10.54B | 10.30B | 10.52B | 10.41B | 9.90B | 9.38B | 9.42B | 10.06B | 9.99B | 10.00B | 10.49B | 10.97B | 11.34B | 12.59B | 13.52B | 15.06B | 14.73B | 14.45B | 14.47B | 17.24B | ||||||||||||
| Liabilities | ||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||
| Accounts Payables | 0.68B | 0.69B | 0.68B | 0.82B | 0.86B | 0.68B | 0.70B | 0.78B | 0.72B | 0.69B | 0.70B | 0.76B | 0.86B | 0.96B | 1.00B | 0.97B | 0.93B | 0.89B | 0.90B | 0.99B | ||||||||||||
| Notes Payables | 0.80B | 0.79B | 0.79B | 0.81B | 0.78B | 0.78B | 0.50B | 0.49B | ||||||||||||||||||||||||
| Payables | 0.68B | 1.49B | 1.47B | 1.61B | 1.67B | 0.71B | 1.48B | 0.78B | 0.74B | 0.70B | 1.48B | 0.76B | 0.86B | 1.45B | 1.00B | 0.97B | 0.92B | 1.38B | 0.89B | 0.99B | ||||||||||||
| Accumulated Expenses | ||||||||||||||||||||||||||||||||
| Other Accumulated Expenses | ||||||||||||||||||||||||||||||||
| Current Taxes | 0.07B | 0.06B | 0.06B | 0.07B | 0.06B | 0.07B | 0.06B | 0.06B | 0.06B | 0.07B | 0.08B | 0.09B | 0.10B | 0.13B | 0.13B | 0.12B | 0.13B | 0.15B | 0.15B | 0.15B | ||||||||||||
| Current Deferred Revenue | 0.28B | 0.26B | 0.29B | 0.29B | 0.28B | 0.31B | 0.31B | 0.34B | 0.34B | 0.35B | 0.40B | 0.41B | 0.41B | 0.43B | 0.46B | 0.48B | 0.48B | 0.50B | 0.55B | 0.66B | ||||||||||||
| Total Current Liabilities | 1.53B | 1.55B | 1.63B | 1.75B | 1.78B | 1.71B | 1.65B | 1.60B | 1.58B | 1.56B | 1.67B | 1.69B | 1.81B | 2.30B | 2.57B | 2.30B | 2.02B | 2.06B | 2.41B | 3.35B | ||||||||||||
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||
| Non-Current Debt | 0.79B | 0.79B | 0.80B | 0.80B | 0.79B | 0.78B | 0.80B | 0.79B | 0.78B | 0.78B | 0.78B | 0.30B | 0.49B | 0.50B | 0.50B | 0.49B | 0.16B | 1.05B | ||||||||||||||
| Minority Interest | 0.09B | 0.10B | 0.12B | 0.12B | 0.15B | 0.15B | 0.14B | 0.16B | 0.16B | 0.17B | 0.18B | 0.20B | 0.23B | 0.26B | 0.27B | 0.35B | 0.38B | 0.39B | 0.40B | 0.41B | ||||||||||||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 0.04B | 0.04B | 0.05B | 0.04B | 0.04B | 0.03B | 0.04B | 0.03B | 0.02B | 0.03B | 0.04B | 0.02B | 0.04B | 0.03B | 0.03B | 0.09B | 0.10B | 0.07B | 0.09B | 0.21B | ||||||||||||
| Operating Leases | 0.03B | 0.03B | 0.03B | 0.03B | 0.06B | 0.05B | 0.04B | 0.04B | 0.04B | 0.04B | 0.04B | 0.04B | 0.03B | 0.03B | 0.04B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | ||||||||||||
| Other Non-Current Liabilities | 0.48B | 0.51B | 0.60B | 0.55B | 0.56B | 0.63B | 0.57B | 0.41B | 0.44B | 0.44B | 0.48B | 0.41B | 0.44B | 0.47B | 0.67B | 0.42B | 0.46B | 0.50B | 0.79B | 0.66B | ||||||||||||
| Total Non-Current Liabilities | 0.90B | 0.90B | 0.90B | 0.90B | 0.92B | 0.89B | 0.87B | 0.88B | 0.87B | 0.87B | 0.88B | 0.86B | 0.87B | 0.58B | 0.59B | 0.70B | 0.71B | 0.69B | 0.88B | 1.94B | ||||||||||||
| Total Liabilities | 2.43B | 2.45B | 2.53B | 2.65B | 2.69B | 2.60B | 2.51B | 2.48B | 2.45B | 2.44B | 2.55B | 2.55B | 2.69B | 2.88B | 3.15B | 3.00B | 2.73B | 2.75B | 3.29B | 5.29B | ||||||||||||
| Shareholder's Equity | ||||||||||||||||||||||||||||||||
| Total Debt | 0.79B | 0.79B | 0.80B | 0.80B | 0.82B | 0.78B | 0.80B | 0.82B | 0.79B | 0.78B | 0.78B | 0.30B | 0.49B | 0.50B | 0.49B | 0.49B | 0.16B | 1.05B | ||||||||||||||
| Common Equity | 8.11B | 7.86B | 7.99B | 7.76B | 7.21B | 6.79B | 6.91B | 7.58B | 7.54B | 7.56B | 7.94B | 8.41B | 8.65B | 9.71B | 10.36B | 12.06B | 12.00B | 11.71B | 11.18B | 11.95B | ||||||||||||
| Liabilities and Shareholders Equity | 10.54B | 10.26B | 10.52B | 10.41B | 9.90B | 9.76B | 9.42B | 10.10B | 10.35B | 10.09B | 10.49B | 10.97B | 11.38B | 12.59B | 13.52B | 15.06B | 14.65B | 14.45B | 14.42B | 17.17B | ||||||||||||
| Treasury Shares | -0.28B | -0.52B | -0.57B | -0.58B | -0.69B | -0.77B | -0.44B | -0.89B | -0.83B | -0.90B | -0.17B | -1.00B | -0.97B | -0.27B | -0.14B | -0.13B | -0.09B | -0.09B | -0.10B | -0.50B | ||||||||||||
| Retained Earnings | 5.60B | 5.62B | 5.67B | 5.71B | 5.43B | 5.13B | 5.13B | 5.31B | 5.04B | 5.02B | 5.08B | 5.06B | 5.04B | 4.04B | 4.02B | 4.11B | 4.20B | 4.22B | 4.35B | 5.15B |