Tencent Music Entertainment Group annual net debt
2018
2019
2020
2021
2022
2023
2024
2025
Tencent Music Entertainment Group Net Debt Growth & History (TME)
Tencent Music Entertainment Group's net debt was −¥4.66B for fiscal 2025.
View full Tencent Music Entertainment Group company overviewTencent Music Entertainment Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −¥4.66B | ¥8.18B | — |
| 2024 | 2024-12-31 | −¥12.84B | −¥5.32B | — |
| 2023 | 2023-12-31 | −¥7.52B | −¥3.93B | — |
| 2022 | 2022-12-31 | −¥3.59B | −¥2.36B | — |
| 2021 | 2021-12-31 | −¥1.23B | ¥4.40B | — |
| 2020 | 2020-12-31 | −¥5.63B | ¥9.65B | — |
| 2019 | 2019-12-31 | −¥15.28B | ¥1.98B | — |
| 2018 | 2018-12-31 | −¥17.26B | — | — |
Tencent Music Entertainment Group quarterly net debt
Q4.18
Q4.19
Q2.20
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −¥6.81B | −¥1.86B | — |
| Q1 2026 | 2026-03-31 | −¥13.57B | −¥7.63B | — |
| Q4 2025 | 2025-12-31 | −¥4.66B | ¥8.18B | — |
| Q3 2025 | 2025-09-30 | −¥7.39B | — | — |
| Q2 2025 | 2025-06-30 | −¥4.96B | — | — |
| Q1 2025 | 2025-03-31 | −¥5.95B | — | — |
| Q4 2024 | 2024-12-31 | −¥12.84B | −¥5.32B | — |
| Q4 2023 | 2023-12-31 | −¥7.52B | −¥3.93B | — |
| Q4 2022 | 2022-12-31 | −¥3.59B | −¥2.36B | — |
| Q4 2021 | 2021-12-31 | −¥1.23B | ¥4.40B | — |
| Q4 2020 | 2020-12-31 | −¥5.63B | ¥9.65B | — |
| Q2 2020 | 2020-06-30 | −¥11.64B | — | — |
| Q4 2019 | 2019-12-31 | −¥15.28B | ¥1.98B | — |
| Q4 2018 | 2018-12-31 | −¥17.26B | — | — |
Tencent Music Entertainment Group net debt trends
Over the last five fiscal years, Tencent Music Entertainment Group's net debt increased from −¥5.63B to −¥4.66B, a change of ¥975.0M. The latest reported quarter, Q2 2026, shows −¥6.81B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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