Tencent Music (TME) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹726.02 B

According to Tencent Music's latest financial reports the company has ₹726.02 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	$₹589.43 B	-1.28%
2021-12-31	$₹597.09 B	1.15%
2020-12-31	$₹590.28 B	32.63%
2019-12-31	$₹445.05 B	16.49%
2018-12-31	$₹382.04 B	48.87%
2017-12-31	$₹256.63 B	27.09%
2016-12-31	$₹201.93 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Perion Network PERI	₹60.90 B	-91.61%	🇮🇱 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 : ₹726.02 B