Tencent Holdings Ltd (NNND) — Tangible Net Worth Ratio

Latest as of June 2025: 80.2%

Tencent Holdings Ltd (NNND) has a Tangible Net Worth Ratio of 80.2% as of June 2025. This metric is calculated by deducting intangible assets (€238.53 Billion) from net assets (€1.20 Trillion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital position of Tencent Holdings Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

80.2%
Tangible equity / total equity

Net Assets (Equity)

€1.20 Trillion
EUR

Intangible Assets

€238.53 Billion
Goodwill, patents, brand value

Total Assets

€2.01 Trillion
EUR

Tencent Holdings Ltd Tangible Net Worth Ratio (2013–2025)

This chart shows how Tencent Holdings Ltd's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of June 2025, the ratio stands at 80.2%, reflecting net assets of €1.20 Trillion with intangible assets of €238.53 Billion EUR. See Tencent Holdings Ltd (NNND) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Tencent Holdings Ltd (2013–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Tencent Holdings Ltd from 2013 to 2025, covering 13 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Tencent Holdings Ltd market cap and net worth.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 93.2% €1.24 Trillion €83.94 Billion €2.04 Trillion ▲ +0.6 pp
2024 92.7% €1.05 Trillion €77.12 Billion €1.78 Trillion ▲ +2.1 pp
2023 90.6% €873.68 Billion €82.56 Billion €1.58 Trillion ▲ +0.8 pp
2022 89.7% €782.86 Billion €80.38 Billion €1.58 Trillion ▲ +11.3 pp
2021 78.4% €876.69 Billion €189.10 Billion €1.61 Trillion ▲ +1.0 pp
2020 77.4% €778.04 Billion €175.53 Billion €1.33 Trillion ▼ -12.1 pp
2019 89.6% €488.82 Billion €51.01 Billion €953.99 Billion ▼ -1.7 pp
2018 91.3% €356.21 Billion €31.15 Billion €723.52 Billion ▼ -0.9 pp
2017 92.1% €277.09 Billion €21.77 Billion €554.67 Billion ▲ +2.2 pp
2016 90.0% €186.25 Billion €18.71 Billion €395.90 Billion ▼ -3.0 pp
2015 93.0% €122.10 Billion €8.58 Billion €306.82 Billion ▼ -2.5 pp
2014 95.5% €82.12 Billion €3.70 Billion €171.17 Billion ▼ -0.4 pp
2013 95.9% €58.46 Billion €2.42 Billion €107.23 Billion
pp = percentage points