Tencent Historical Balance Sheet

TME Stock

USD 14.24 0.17 1.21%

Trend analysis of Tencent Music Entertainment balance sheet accounts such as Total Current Liabilities of 8.9 B, Total Stockholder Equity of 46 B, Other Liabilities of 484.3 M or Net Tangible Assets of 21.7 B provides information on Tencent Music's total assets, liabilities, and equity, which is the actual value of Tencent Music Entert to its prevalent stockholders. By breaking down trends over time using Tencent Music balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Tencent Music Entert latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tencent Music Entert is a good buy for the upcoming year.

Tencent Music Inventory

7.6 Million

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tencent Music Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Tencent Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Tencent Music Entert at a specified time, usually calculated after every quarter, six months, or one year. Tencent Music Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tencent Music and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tencent currently owns. An asset can also be divided into two categories, current and non-current.

Tencent Music Balance Sheet Chart

At present, Tencent Music's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 9.2 B, whereas Short and Long Term Debt Total is forecasted to decline to about 3.2 B.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity

Add Fundamental

Total Assets

Total assets refers to the total amount of Tencent Music assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tencent Music Entert books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Tencent Music balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tencent Music Entertainment are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most accounts from Tencent Music's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Tencent Music Entert current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tencent Music Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	10.5B	11.7B	12.0B	8.9B
Other Current Liabilities	4.2B	4.4B	3.8B	3.5B

Total Current Liabilities Other Current Liab

Tencent Music balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.97	0.99	1.0	0.4	0.97	0.94	0.95	-0.3	0.98	0.97	0.74	0.97	0.82	0.69	0.97	0.97	0.93	-0.42	-0.2	0.93	0.91	0.98	0.02	0.35	0.87
Other Current Liab	0.97		0.97	0.97	0.43	0.98	0.87	0.89	-0.37	0.92	0.92	0.76	0.9	0.89	0.6	0.98	0.94	0.88	-0.32	-0.15	0.93	0.83	0.95	0.1	0.39	0.92
Total Current Liabilities	0.99	0.97		0.98	0.33	0.95	0.95	0.96	-0.3	0.98	0.98	0.73	0.97	0.8	0.72	0.95	0.96	0.95	-0.4	-0.2	0.91	0.9	0.97	0.01	0.43	0.86
Total Stockholder Equity	1.0	0.97	0.98		0.45	0.99	0.91	0.95	-0.37	0.96	0.94	0.78	0.95	0.85	0.67	0.98	0.97	0.92	-0.42	-0.21	0.91	0.88	0.98	0.07	0.29	0.91
Other Liab	0.4	0.43	0.33	0.45		0.53	0.11	0.27	-0.57	0.27	0.22	0.61	0.24	0.76	-0.02	0.54	0.37	0.26	-0.16	-0.2	0.34	0.21	0.45	0.42	-0.31	0.68
Net Tangible Assets	0.97	0.98	0.95	0.99	0.53		0.84	0.9	-0.43	0.92	0.89	0.81	0.89	0.91	0.55	0.99	0.94	0.84	-0.33	-0.14	0.91	0.82	0.96	0.18	0.26	0.95
Property Plant And Equipment Net	0.94	0.87	0.95	0.91	0.11	0.84		0.93	-0.11	0.97	0.98	0.58	0.97	0.61	0.81	0.84	0.9	0.93	-0.44	-0.2	0.87	0.94	0.89	-0.23	0.47	0.67
Current Deferred Revenue	0.95	0.89	0.96	0.95	0.27	0.9	0.93		-0.41	0.94	0.93	0.79	0.93	0.71	0.77	0.91	0.9	0.92	-0.48	-0.27	0.78	0.82	0.97	0.05	0.34	0.81
Net Debt	-0.3	-0.37	-0.3	-0.37	-0.57	-0.43	-0.11	-0.41		-0.16	-0.13	-0.86	-0.11	-0.61	-0.14	-0.49	-0.19	-0.2	0.17	0.22	-0.04	0.08	-0.48	-0.55	0.11	-0.63
Retained Earnings	0.98	0.92	0.98	0.96	0.27	0.92	0.97	0.94	-0.16		0.98	0.63	0.99	0.71	0.7	0.9	0.98	0.93	-0.42	-0.16	0.93	0.94	0.94	-0.08	0.33	0.77
Accounts Payable	0.97	0.92	0.98	0.94	0.22	0.89	0.98	0.93	-0.13	0.98		0.61	0.99	0.7	0.76	0.89	0.95	0.95	-0.4	-0.19	0.92	0.95	0.92	-0.12	0.49	0.75
Cash	0.74	0.76	0.73	0.78	0.61	0.81	0.58	0.79	-0.86	0.63	0.61		0.59	0.86	0.48	0.85	0.63	0.63	-0.34	-0.27	0.5	0.43	0.85	0.38	0.13	0.89
Non Current Assets Total	0.97	0.9	0.97	0.95	0.24	0.89	0.97	0.93	-0.11	0.99	0.99	0.59		0.67	0.75	0.88	0.96	0.95	-0.45	-0.22	0.91	0.96	0.92	-0.11	0.39	0.74
Non Currrent Assets Other	0.82	0.89	0.8	0.85	0.76	0.91	0.61	0.71	-0.61	0.71	0.7	0.86	0.67		0.37	0.92	0.76	0.68	-0.21	-0.16	0.75	0.61	0.85	0.34	0.22	0.96
Other Assets	0.69	0.6	0.72	0.67	-0.02	0.55	0.81	0.77	-0.14	0.7	0.76	0.48	0.75	0.37		0.59	0.61	0.85	-0.79	-0.68	0.54	0.68	0.69	-0.46	0.46	0.46
Cash And Short Term Investments	0.97	0.98	0.95	0.98	0.54	0.99	0.84	0.91	-0.49	0.9	0.89	0.85	0.88	0.92	0.59		0.92	0.85	-0.35	-0.18	0.88	0.8	0.97	0.16	0.28	0.95
Net Receivables	0.97	0.94	0.96	0.97	0.37	0.94	0.9	0.9	-0.19	0.98	0.95	0.63	0.96	0.76	0.61	0.92		0.92	-0.37	-0.14	0.95	0.91	0.93	0.05	0.28	0.84
Good Will	0.93	0.88	0.95	0.92	0.26	0.84	0.93	0.92	-0.2	0.93	0.95	0.63	0.95	0.68	0.85	0.85	0.92		-0.59	-0.44	0.83	0.88	0.91	-0.11	0.44	0.76
Common Stock Total Equity	-0.42	-0.32	-0.4	-0.42	-0.16	-0.33	-0.44	-0.48	0.17	-0.42	-0.4	-0.34	-0.45	-0.21	-0.79	-0.35	-0.37	-0.59		0.91	-0.28	-0.35	-0.43	0.47	0.09	-0.33
Common Stock Shares Outstanding	-0.2	-0.15	-0.2	-0.21	-0.2	-0.14	-0.2	-0.27	0.22	-0.16	-0.19	-0.27	-0.22	-0.16	-0.68	-0.18	-0.14	-0.44	0.91		-0.04	-0.13	-0.24	0.35	0.01	-0.24
Short Term Investments	0.93	0.93	0.91	0.91	0.34	0.91	0.87	0.78	-0.04	0.93	0.92	0.5	0.91	0.75	0.54	0.88	0.95	0.83	-0.28	-0.04		0.93	0.83	-0.08	0.34	0.77
Non Current Liabilities Total	0.91	0.83	0.9	0.88	0.21	0.82	0.94	0.82	0.08	0.94	0.95	0.43	0.96	0.61	0.68	0.8	0.91	0.88	-0.35	-0.13	0.93		0.82	-0.22	0.44	0.64
Capital Surpluse	0.98	0.95	0.97	0.98	0.45	0.96	0.89	0.97	-0.48	0.94	0.92	0.85	0.92	0.85	0.69	0.97	0.93	0.91	-0.43	-0.24	0.83	0.82		0.14	0.3	0.91
Inventory	0.02	0.1	0.01	0.07	0.42	0.18	-0.23	0.05	-0.55	-0.08	-0.12	0.38	-0.11	0.34	-0.46	0.16	0.05	-0.11	0.47	0.35	-0.08	-0.22	0.14		-0.11	0.37
Other Current Assets	0.35	0.39	0.43	0.29	-0.31	0.26	0.47	0.34	0.11	0.33	0.49	0.13	0.39	0.22	0.46	0.28	0.28	0.44	0.09	0.01	0.34	0.44	0.3	-0.11		0.18
Other Stockholder Equity	0.87	0.92	0.86	0.91	0.68	0.95	0.67	0.81	-0.63	0.77	0.75	0.89	0.74	0.96	0.46	0.95	0.84	0.76	-0.33	-0.24	0.77	0.64	0.91	0.37	0.18

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Tencent Music Account Relationship Matchups

Tencent Music balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	52.7B	68.3B	67.3B	67.0B	75.5B	59.0B
Short Long Term Debt Total	147M	5.5B	5.4B	6.0B	6.0B	3.2B
Other Current Liab	4.2B	4.3B	4.2B	4.4B	3.8B	3.5B
Total Current Liabilities	8.5B	9.6B	10.5B	11.7B	12.0B	8.9B
Total Stockholder Equity	43.6B	52.2B	50.3B	48.1B	55.9B	46.0B
Other Liab	432M	547M	482M	323M	371.5M	484.3M
Net Tangible Assets	24.8B	32.7B	26.9B	23.8B	27.3B	21.7B
Property Plant And Equipment Net	327M	487M	526M	721M	857M	456.6M
Current Deferred Revenue	1.7B	1.6B	1.8B	2.2B	3.1B	1.8B
Net Debt	(15.3B)	(5.6B)	(1.2B)	(3.6B)	(7.5B)	(7.9B)
Retained Earnings	7.0B	11.1B	14.2B	12.1B	17.0B	9.0B
Accounts Payable	2.6B	3.6B	4.3B	5.0B	5.0B	3.3B
Cash	15.4B	11.1B	6.6B	9.6B	13.6B	11.3B
Non Current Assets Total	25.8B	36.6B	40.5B	40.5B	45.6B	34.9B
Non Currrent Assets Other	816M	956M	743M	709M	540M	706.9M
Other Assets	1.0B	1.3B	1.1B	7.6B	8.7B	9.2B
Cash And Short Term Investments	22.5B	26.0B	20.4B	20.9B	23.5B	19.2B
Net Receivables	2.2B	2.8B	3.6B	2.7B	3.1B	2.5B
Good Will	17.1B	17.5B	19.1B	19.5B	19.5B	19.5B
Common Stock Shares Outstanding	1.7B	1.7B	1.7B	1.6B	1.6B	1.3B
Short Term Investments	7.0B	14.9B	13.8B	11.3B	10.0B	7.9B
Long Term Debt Total	78M	5.4B	5.3B	5.8B	6.7B	7.1B
Liabilities And Stockholders Equity	52.7B	68.3B	67.3B	67.0B	75.5B	59.0B
Non Current Liabilities Total	510M	5.9B	5.7B	6.2B	6.3B	3.6B
Capital Surpluse	34.4B	35.0B	36.2B	36.5B	41.9B	34.6B
Capital Lease Obligations	147M	321M	297M	429M	412M	220.8M
Inventory	35M	26M	18M	24M	8M	7.6M
Other Current Assets	85M	53M	56M	3.0B	57M	54.2M
Other Stockholder Equity	34.4B	34.8B	32.4B	29.9B	29.3B	32.8B
Total Liab	9B	15.5B	16.2B	17.9B	18.3B	12.4B
Long Term Investments	5.7B	15.3B	15.4B	14.3B	19.8B	10.8B
Property Plant And Equipment Gross	327M	487M	526M	721M	1.3B	1.4B
Total Current Assets	26.9B	31.7B	26.8B	26.6B	29.9B	24.1B
Accumulated Other Comprehensive Income	2.2B	6.3B	3.7B	6.1B	9.7B	10.1B
Cash And Equivalents	9.8B	6.5B	20M	9.6B	11.0B	11.5B
Short Term Debt	69M	103M	92M	123M	115M	114.3M
Intangible Assets	1.6B	2.0B	4.3B	4.8B	4.5B	3.1B
Property Plant Equipment	327M	487M	526M	3.2B	3.7B	3.9B

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Additional Information and Resources on Investing in Tencent Stock

When determining whether Tencent Music Entert is a strong investment it is important to analyze Tencent Music's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tencent Music's future performance. For an informed investment choice regarding Tencent Stock, refer to the following important reports:

How To Invest In Tencent

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Is Tencent Stock a good investment?

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What is Tencent Music's Net Worth?

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You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tencent Music. If investors know Tencent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tencent Music listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.278

Dividend Share

0.972

Earnings Share

0.46

Revenue Per Share

17.684

Quarterly Revenue Growth

(0.03)

The market value of Tencent Music Entert is measured differently than its book value, which is the value of Tencent that is recorded on the company's balance sheet. Investors also form their own opinion of Tencent Music's value that differs from its market value or its book value, called intrinsic value, which is Tencent Music's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tencent Music's market value can be influenced by many factors that don't directly affect Tencent Music's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Tencent Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tencent Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tencent Music's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Tencent Historical Balance Sheet

Tencent Music Inventory

7.6 Million

About Tencent Balance Sheet Analysis

Tencent Music Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Tencent Music balance sheet Correlations

Tencent Music Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tencent Music balance sheet Accounts

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Accumulated Amortization	Total Assets
Short Long Term Debt Total	Other Current Liab
Total Current Liabilities	Total Stockholder Equity
Other Liab	Net Tangible Assets
Property Plant And Equipment Net	Total Permanent Equity
Warrants	Current Deferred Revenue
Noncontrolling Interest In Consolidated Entity	Net Debt
Retained Earnings	Accounts Payable
Cash	Non Current Assets Total
Non Currrent Assets Other	Other Assets
Long Term Debt	Cash And Short Term Investments
Net Receivables	Good Will
Common Stock Total Equity	Retained Earnings Total Equity
Common Stock Shares Outstanding	Short Term Investments
Long Term Debt Total	Liabilities And Stockholders Equity
Non Current Liabilities Total	Capital Surpluse
Capital Lease Obligations	Negative Goodwill
Inventory	Other Current Assets
Other Stockholder Equity	Total Liab
Additional Paid In Capital	Deferred Long Term Liab
Preferred Stock Redeemable	Long Term Investments
Property Plant And Equipment Gross	Short Long Term Debt
Preferred Stock Total Equity	Total Current Assets
Accumulated Other Comprehensive Income	Treasury Stock
Non Current Liabilities Other	Cash And Equivalents
Accumulated Depreciation	Deferred Long Term Asset Charges
Short Term Debt	Intangible Assets
Common Stock	Temporary Equity Redeemable Noncontrolling Interests
Property Plant Equipment	Net Invested Capital
Net Working Capital	Capital Stock

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Net Tangible Assets
Non Current Assets Total	+ 0.99	Retained Earnings
Non Current Assets Total	+ 0.99	Accounts Payable

Cash	- 0.86	Net Debt
Common Stock Total Equity	- 0.79	Other Assets
Common Stock Shares Outstanding	- 0.68	Other Assets
Other Stockholder Equity	- 0.63	Net Debt
Non Currrent Assets Other	- 0.61	Net Debt
Common Stock Total Equity	- 0.59	Good Will