
Tencent Music Entertainment Group (TME) Book Value
Market Cap: $9.80B
Avg Volume: 8.16M
Industry: Internet Content & Information
Sector: Communication Services
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
Historical Book Value per Share
Historical Tangible Book Value per Share
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.