Tencent Music (TME) - Net Assets

Net assets on the balance sheet as of June 2024 : €7.80 B

According to Tencent Music's latest financial reports the company has €7.80 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tencent Music - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$€6.64 B	-5.71%
2021-12-31	$€7.04 B	6.48%
2020-12-31	$€6.61 B	18.77%
2019-12-31	$€5.56 B	16.14%
2018-12-31	$€4.79 B	43.13%
2017-12-31	$€3.34 B	18.57%
2016-12-31	$€2.82 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Perion Network PERI	€0.65 B	-91.61%	🇮🇱 Israel

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The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Tencent Music (TME) - Net assets

Net assets on the balance sheet as of June 2024 : €7.80 B