Tencent Music
TME
$11.36
Share price
-1.90%
Change (1 day)
43.98%
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 September 2023 : $7.70 B
According to Tencent Music's latest financial reports the company has $7.70 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 2023)
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 | $0.67 B | -91.26% | 🇮🇱 Israel |