Tencent Music Entertainment Group (TME) Book Value

Price: $14
Market Cap: $9.80B
Avg Volume: 8.16M
Country: CN
Industry: Internet Content & Information
Sector: Communication Services
Beta: 0.69
52W Range: $9.41-15.77
Website: Tencent Music Entertainment Group

What is Tencent Music Entertainment Group's Book Value?

  • Tencent Music Entertainment Group's annual Book Value is $67.86B.
  • Tencent Music Entertainment Group's quarterly Book Value is $67.86B.

What is Book Value?

Book Value represents the total value of a company's assets that shareholders would theoretically receive if a company were liquidated. It is calculated as the total assets minus intangible assets and total liabilities.

How is Book Value calculated?

Book Value is calculated using the following formula:

Book Value = Total Assets - Intangible Assets - Total Liabilities

Related Metrics

Other important metrics to assess Tencent Music Entertainment Group's financial health include:

  • Book Value per Share - measures the per-share value of a company based on its equity:
    • Annual: $22.25
    • Quarterly: $22.45
  • Tangible Book Value per Share - measures the per-share value of a company's tangible assets:
    • Annual: $14.57
    • Quarterly: $14.70

These metrics provide insights into Tencent Music Entertainment Group's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Book Value

$67.86B

Quarterly Book Value

$67.86B

Tencent Music Entertainment Group Historical Book Value
$80.00B$80.00B$60.00B$60.00B$40.00B$40.00B$20.00B$20.00B$0.00$0.00Book Value201720172018201820192019202020202021202120222022202320232024202420252025
Historical Book Value per Share
$24.00$24.00$18.00$18.00$12.00$12.00$6.00$6.00$0.00$0.00Book Value per Share201720172018201820192019202020202021202120222022202320232024202420252025
Historical Tangible Book Value per Share
$16.00$16.00$12.00$12.00$8.00$8.00$4.00$4.00$0.00$0.00Tangible Book Value per Share201720172018201820192019202020202021202120222022202320232024202420252025

Tencent Music Entertainment Group Historical Financial Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Book Value Book Value Change Book Value per Share Tangible Book Value per Share
2024 $67.86B 21.39% 22.25 14.57
2023 $55.91B 16.23% 18.02 10.46
2022 $48.10B -4.41% 15.33 7.74
2021 $50.32B -3.69% 15.37 8.31
2020 $52.24B 19.86% 15.91 10.03
2019 $43.59B 15.56% 13.35 7.61
2018 $37.72B 44.30% 12.28 6.15
2017 $26.14B 26.74% 8.05 2.51
2016 $20.62B N/A 6.35 0.88

Related Metrics

Explore detailed financial metrics and analysis for TME.