Tencent Music (TME) - Net Assets

Net assets on the balance sheet as of June 2024 : C$12.16 Billion

According to Tencent Music's latest financial reports the company has C$12.16 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	$C$9.66 B	-5.34%
2021-12-31	$C$10.21 B	-0.95%
2020-12-31	$C$10.30 B	26.24%
2019-12-31	$C$8.16 B	9.15%
2018-12-31	$C$7.48 B	48.06%
2017-12-31	$C$5.05 B	26.54%
2016-12-31	$C$3.99 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Perion Network PERI	C$1.01 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 : C$12.16 Billion