Tencent Music Entertainment Group Balance Sheet Analysis

Assets, liabilities, and stockholders equity in billions CNY

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Balance sheet showing assets, liabilities, and shareholders' equity for Tencent Music Entertainment Group (TME) - Annual data in billions CNY
BreakdownFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Current Assets
Cash and Cash Equivalents13.1613.579.566.5911.13
Short-Term Investments14.059.9711.3313.8414.90
Cash & Short-Term Investments27.2123.5420.8820.4326.02
Accounts Receivable3.512.922.673.612.99
Inventory0.020.010.010.020.02
Other Current Assets3.800.060.050.062.12
Total Current Assets34.5429.9426.5626.7931.69
Non-Current Assets
Property, Plant & Equipment (Net)1.100.860.720.530.49
Long-Term Investments29.904.274.333.6015.33
Goodwill19.6519.5419.4919.1217.49
Intangible Assets4.414.474.854.322.02
Other Non-Current Assets0.430.110.110.740.96
Total Non-Current Assets55.9045.6040.4540.460.00
Total Assets90.4475.5467.0167.2568.27
Current Liabilities
Accounts Payable6.885.015.004.333.57
Short-Term Debt2.260.000.000.000.00
Accrued Liabilities2.302.182.833.132.85
Deferred Revenue3.443.052.311.951.64
Other Current Liabilities2.870.980.980.530.99
Total Current Liabilities16.5512.0111.7210.459.60
Non-Current Liabilities
Long-Term Debt3.795.645.545.065.18
Deferred Tax Liabilities0.200.240.210.270.27
Other Non-Current Liabilities0.000.000.000.090.14
Total Non-Current Liabilities4.176.326.175.750.00
Total Liabilities20.7218.3317.8816.2015.54
Stockholders' Equity
Common Stock0.000.000.000.000.00
Retained Earnings20.0516.9712.0514.1911.26
Accumulated Other Comprehensive Income19.859.666.143.736.08
Treasury Stock0.557.006.353.660.00
Additional Paid-in Capital29.0436.5836.4636.240.00
Minority Interest1.861.301.030.740.00
Shares Outstanding3.083.383.433.390.00
Total Stockholders' Equity67.8655.9148.1050.3252.73
Total Liabilities & Equity90.4475.5467.0167.250.00