Tencent Holdings Ltd ADR (NNN1) - Net Assets

Latest as of June 2025: €1.20 Trillion EUR ≈ $1.41 Trillion USD

Based on the latest financial reports, Tencent Holdings Ltd ADR (NNN1) has net assets worth €1.20 Trillion EUR (≈ $1.41 Trillion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.01 Trillion ≈ $2.35 Trillion USD) and total liabilities (€810.46 Billion ≈ $947.51 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check NNN1 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets €1.20 Trillion
% of Total Assets 59.74%
Annual Growth Rate 24.19%
5-Year Change 35.45%
10-Year Change N/A
Growth Volatility 20.95

Tencent Holdings Ltd ADR - Net Assets Trend (2016–2024)

This chart illustrates how Tencent Holdings Ltd ADR's net assets have evolved over time, based on quarterly financial data. Also explore Tencent Holdings Ltd ADR balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Tencent Holdings Ltd ADR (2016–2024)

The table below shows the annual net assets of Tencent Holdings Ltd ADR from 2016 to 2024. For live valuation and market cap data, see how much is Tencent Holdings Ltd ADR worth.

Year Net Assets Change
2024-12-31 €1.05 Trillion
≈ $1.23 Trillion		 +20.63%
2023-12-31 €873.68 Billion
≈ $1.02 Trillion		 +11.60%
2022-12-31 €782.86 Billion
≈ $915.25 Billion		 -10.70%
2021-12-31 €876.69 Billion
≈ $1.02 Trillion		 +12.68%
2020-12-31 €778.04 Billion
≈ $909.61 Billion		 +59.17%
2019-12-31 €488.82 Billion
≈ $571.49 Billion		 +37.23%
2018-12-31 €356.21 Billion
≈ $416.44 Billion		 +28.55%
2017-12-31 €277.09 Billion
≈ $323.95 Billion		 +48.78%
2016-12-31 €186.25 Billion
≈ $217.74 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to Tencent Holdings Ltd ADR's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 544.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €892.03 Billion 91.63%
Other Components €81.52 Billion 8.37%
Total Equity €973.55 Billion 100.00%

Tencent Holdings Ltd ADR Competitors by Market Cap

The table below lists competitors of Tencent Holdings Ltd ADR ranked by their market capitalization.

Company Market Cap
ASML Holding NV ADR
NASDAQ:ASML
 $546.45 Billion
Johnson & Johnson
NYSE:JNJ
 $547.37 Billion
Visa Inc. Class A
NYSE:V
 $551.45 Billion
Tencent Holdings Ltd
F:NNND
 $553.51 Billion
SK Hynix Inc
KO:000660
 $467.91 Billion
ASML Holding N.V.
AS:ASML
 $465.78 Billion
ASML HOLDING NY EO-09
F:ASMF
 $464.43 Billion
Micron Technology Inc
NASDAQ:MU
 $458.68 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tencent Holdings Ltd ADR's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 808,591,000,000 to 973,548,000,000, a change of 164,957,000,000 (20.4%).
  • Net income of 194,073,000,000 contributed positively to equity growth.
  • Dividend payments of 28,859,000,000 reduced retained earnings.
  • Share repurchases of 102,331,000,000 reduced equity.
  • Other factors increased equity by 103,562,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €194.07 Billion +19.93%
Dividends Paid €28.86 Billion -2.96%
Share Repurchases €102.33 Billion -10.51%
Other Changes €103.56 Billion +10.64%
Total Change €- 20.40%

Book Value vs Market Value Analysis

This analysis compares Tencent Holdings Ltd ADR's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.52x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 2.06x to 0.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 €26.96 €55.50 x
2018-12-31 €33.98 €55.50 x
2019-12-31 €45.30 €55.50 x
2020-12-31 €73.38 €55.50 x
2021-12-31 €83.92 €55.50 x
2022-12-31 €75.39 €55.50 x
2023-12-31 €85.27 €55.50 x
2024-12-31 €106.49 €55.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tencent Holdings Ltd ADR utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 19.93%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 29.39%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 1.83x
  • Recent ROE (19.93%) is below the historical average (23.14%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 23.53% 27.05% 0.38x 2.27x €23.63 Billion
2017 27.93% 30.08% 0.43x 2.17x €45.90 Billion
2018 24.33% 25.17% 0.43x 2.24x €46.37 Billion
2019 21.56% 24.73% 0.40x 2.20x €50.04 Billion
2020 22.71% 33.16% 0.36x 1.89x €89.45 Billion
2021 27.88% 40.14% 0.35x 2.00x €144.19 Billion
2022 26.09% 33.95% 0.35x 2.19x €116.10 Billion
2023 14.25% 18.92% 0.39x 1.95x €34.36 Billion
2024 19.93% 29.39% 0.37x 1.83x €96.72 Billion

Industry Comparison

This section compares Tencent Holdings Ltd ADR's net assets metrics with peer companies in the Internet Content & Information industry.

Industry Context

  • Industry: Internet Content & Information
  • Average net assets among peers: $5,831,326,700
  • Average return on equity (ROE) among peers: -3.94%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tencent Holdings Ltd ADR (NNN1) €1.20 Trillion 23.53% 0.67x $518.72 Billion
Fiverr International Ltd (11V) $345.40 Million -4.29% 1.49x $307.56 Million
PHOENIX NEW MED.ADR 1/48 (1PX) $1.16 Billion -8.81% 0.51x $9.09 Million
AUTO TRADER ADR 1/4 LS-01 (2UA0) $472.50 Million 51.79% 0.15x $4.85 Billion
Opera Limited (2V8) $912.21 Million 6.35% 0.16x $1.17 Billion
Weibo Corporation (2WBA) $3.52 Billion 9.74% 1.07x $1.30 Billion
Domain Holdings Australia Limited (3DH) $908.30 Million -25.07% 0.41x $1.53 Billion
INKEVERSE GROUP DL-001 (5IK) $3.93 Billion 10.57% 0.33x $144.47 Million
Bilibili Inc (71BA) $1.54 Billion -59.15% 0.41x $7.17 Billion
BILIBILI INC. DL -0001 (71BB) $21.72 Billion -31.26% 1.40x $6.96 Billion
AUTOHOME INC. A DL -01 (8AHA) $23.81 Billion 10.75% 0.19x $1.88 Billion

About Tencent Holdings Ltd ADR

F:NNN1 Germany Internet Content & Information
Market Cap
$585.34 Billion
€500.68 Billion EUR
Market Cap Rank
#25 Global
#2 in Germany
Share Price
€55.50
Change (1 day)
-0.89%
52-Week Range
€53.00 - €75.00
All Time High
€75.88
Categories
Companies in Germany Internet Content & Information Technology AI & Machine Learning
About

Tencent Holdings Limited, an investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally. The company's consumers business includes communications and social services, such as instant messaging and social networks; digital content, including online games, videos, live streaming, news, music, and literature; fi… Read more