Tencent Music (TME) - Net Assets

Net assets on the balance sheet as of June 2024 : €8.34 Billion

According to Tencent Music's latest financial reports the company has €8.34 Billion 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	-6.14%
2021-12-31	$€7.07 B	7.63%
2020-12-31	$€6.57 B	17.77%
2019-12-31	$€5.58 B	16.25%
2018-12-31	$€4.80 B	43.32%
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	€0.69 B	-91.66%	🇮🇱 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 : €8.34 Billion