Tencent Music Entertainment Group (TME) — Net Asset Momentum
Tencent Music Entertainment Group (TME) recorded a net asset momentum of 21.9% as of December 2024, with net assets of $69.73 Billion USD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See Tencent Music Entertainment Group defensive interval ratio to measure how many days the company can operate on defensive assets alone.
YoY Momentum
Current Net Assets
Years of Data
Country
Tencent Music Entertainment Group Net Asset Momentum (2016–2024)
This chart tracks Tencent Music Entertainment Group's year-over-year net asset growth across 9 annual reporting periods from 2016 to 2024. The most recent momentum reading is +21.9%, with net assets of $69.73 Billion USD as of December 2024. Read TME total liabilities for a breakdown of total debt and financial obligations.
Annual Net Asset History for Tencent Music Entertainment Group (2016–2024)
The table below shows the complete annual net asset history for Tencent Music Entertainment Group from 2016 to 2024, covering 9 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see market cap of Tencent Music Entertainment Group.
| Year | Net Assets (USD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2024 | $69.73 Billion | $90.44 Billion | $20.72 Billion | ▲ +21.9% |
| 2023 | $57.20 Billion | $75.54 Billion | $18.33 Billion | ▲ +16.4% |
| 2022 | $49.13 Billion | $67.01 Billion | $17.88 Billion | ▼ -3.8% |
| 2021 | $51.05 Billion | $67.25 Billion | $16.20 Billion | ▼ -3.2% |
| 2020 | $52.73 Billion | $68.27 Billion | $15.54 Billion | ▲ +740.9% |
| 2019 | $6.27 Billion | $7.56 Billion | $1.29 Billion | ▼ -83.4% |
| 2018 | $37.77 Billion | $44.60 Billion | $6.83 Billion | ▲ +44.5% |
| 2017 | $26.15 Billion | $30.00 Billion | $3.85 Billion | ▲ +26.7% |
| 2016 | $20.63 Billion | $23.54 Billion | $2.90 Billion | — |