Tencent Music (TME) - Net Assets

Net assets on the balance sheet as of June 2024 : $8.65 Billion USD

According to Tencent Music's latest financial reports the company has $8.65 Billion USD 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	$$7.12 B	-11.1%
2021-12-31	$$8.01 B	-0.9%
2020-12-31	$$8.08 B	29.31%
2019-12-31	$$6.25 B	13.84%
2018-12-31	$$5.49 B	36.65%
2017-12-31	$$4.01 B	35.26%
2016-12-31	$$2.97 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Perion Network PERI	$0.72 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 : $8.65 Billion USD