Tencent Music (TME) - Net Assets

Net assets on the balance sheet as of June 2024 : £6.87 Billion

According to Tencent Music's latest financial reports the company has £6.87 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	$£5.88 B	-0.81%
2021-12-31	$£5.93 B	0.07%
2020-12-31	$£5.93 B	24.4%
2019-12-31	$£4.76 B	10.2%
2018-12-31	$£4.32 B	45.49%
2017-12-31	$£2.97 B	23.49%
2016-12-31	$£2.40 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Perion Network PERI	£0.57 B	-91.66%	🇮🇱 Israel

What is the market capitalization of a company?

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 : £6.87 Billion