Tencent Music Entertainment Group Tangible Net Worth Ratio
Tencent Music Entertainment Group tangible net worth ratio. Tencent Music Entertainment Group (TME) has a Tangible Net Worth Ratio of 96.6% as of September 2025. This metric is calculated by deducting intangible assets ($2.94 Billion) from net assets ($85.43 Billion) 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. Check Tencent Music Entertainment Group PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Tencent Music Entertainment Group (2016–2024)
Tangible net worth ratio of Tencent Music Entertainment Group from 2016 to 2024. This chart shows how Tencent Music Entertainment Group's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 96.6%, reflecting net assets of $85.43 Billion with intangible assets of $2.94 Billion USD. See Tencent Music Entertainment Group working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tencent Music Entertainment Group Tangible Net Worth Ratio by Year (2016–2024)
Tencent Music Entertainment Group tangible net worth ratio by year from 2016 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Tencent Music Entertainment Group from 2016 to 2024, covering 9 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 live market cap and overall valuation, see Tencent Music Entertainment Group market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 93.7% | $69.73 Billion | $4.41 Billion | $90.44 Billion | ▲ +1.5 pp |
| 2023 | 92.2% | $57.20 Billion | $4.47 Billion | $75.54 Billion | ▲ +2.1 pp |
| 2022 | 90.1% | $49.13 Billion | $4.85 Billion | $67.01 Billion | ▼ -1.4 pp |
| 2021 | 91.5% | $51.05 Billion | $4.32 Billion | $67.25 Billion | ▼ -4.6 pp |
| 2020 | 96.2% | $52.73 Billion | $2.02 Billion | $68.27 Billion | ▼ -0.1 pp |
| 2019 | 96.3% | $6.27 Billion | $232.86 Million | $7.56 Billion | ▲ +1.0 pp |
| 2018 | 95.3% | $37.77 Billion | $1.76 Billion | $44.60 Billion | ▲ +1.9 pp |
| 2017 | 93.4% | $26.15 Billion | $1.72 Billion | $30.00 Billion | ▲ +3.2 pp |
| 2016 | 90.3% | $20.63 Billion | $2.01 Billion | $23.54 Billion | — |