Tencent Music (TME) - Net Assets

Net assets on the balance sheet as of June 2024 : S$11.64 Billion

According to Tencent Music's latest financial reports the company has S$11.64 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	$S$9.54 B	-11.84%
2021-12-31	$S$10.83 B	1.27%
2020-12-31	$S$10.69 B	26.89%
2019-12-31	$S$8.42 B	12.34%
2018-12-31	$S$7.50 B	39.58%
2017-12-31	$S$5.37 B	25%
2016-12-31	$S$4.30 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Perion Network PERI	S$0.97 B	-91.66%	🇮🇱 Israel

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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 : S$11.64 Billion