Tencent Music
TME
#797
Rank
$24.79 B
Marketcap
$14.45
Share price
-3.88%
Change (1 day)
97.14%
Change (1 year)
Categories
Tencent Music Entertainment Group (TME) is joint venture between Tencent and Spotify. The company provides music streaming services for the Chinese market.

Tencent Music (TME) - Net assets

Net assets on the balance sheet as of March 2024 : $8.41 B

According to Tencent Music's latest financial reports the company has $8.41 B in net assets.
A companyโ€™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 B29.31%
2019-12-31$6.25 B13.84%
2018-12-31$5.49 B36.65%
2017-12-31$4.01 B35.26%
2016-12-31$2.97 B

Net assets for similar companies or competitors

Company Net assets differencediff. Country
$0.73 B-91.27%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel