Tencent Music Entertainment Group (TME) — Net Asset Quality Index
Tencent Music Entertainment Group (TME) has a Net Asset Quality Index of 81.5% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $104.87 Billion minus total liabilities of $19.44 Billion yields net assets of $85.43 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read Tencent Music Entertainment Group (TME) financial obligations for a breakdown of total debt and financial obligations.
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Net Assets
Total Assets
Total Liabilities
Tencent Music Entertainment Group Net Asset Quality Index Over Time (2016–2024)
This chart shows how Tencent Music Entertainment Group's Net Asset Quality Index has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the index stands at 81.5%, representing net assets of $85.43 Billion against total assets of $104.87 Billion USD. For live market cap and overall valuation, see Tencent Music Entertainment Group stock valuation.
Annual Net Asset Quality Index for Tencent Music Entertainment Group (2016–2024)
The table below presents the year-by-year Net Asset Quality Index for Tencent Music Entertainment Group from 2016 to 2024, covering 9 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check TME PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 77.1% | $69.73 Billion | $90.44 Billion | $20.72 Billion | ▲ +1.4 pp |
| 2023 | 75.7% | $57.20 Billion | $75.54 Billion | $18.33 Billion | ▲ +2.4 pp |
| 2022 | 73.3% | $49.13 Billion | $67.01 Billion | $17.88 Billion | ▼ -2.6 pp |
| 2021 | 75.9% | $51.05 Billion | $67.25 Billion | $16.20 Billion | ▼ -1.3 pp |
| 2020 | 77.2% | $52.73 Billion | $68.27 Billion | $15.54 Billion | ▼ -5.7 pp |
| 2019 | 82.9% | $6.27 Billion | $7.56 Billion | $1.29 Billion | ▼ -1.8 pp |
| 2018 | 84.7% | $37.77 Billion | $44.60 Billion | $6.83 Billion | ▼ -2.5 pp |
| 2017 | 87.2% | $26.15 Billion | $30.00 Billion | $3.85 Billion | ▼ -0.5 pp |
| 2016 | 87.7% | $20.63 Billion | $23.54 Billion | $2.90 Billion | — |