Balance Sheet Data

Tencent Music Entertainment Group (TME)

$10.23

-0.06 (-0.58%)

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Total Cash 17,43722,47026,02320,42620,88325,843.8928,846.0432,196.9235,937.0640,111.67
Total Cash (%)
Account Receivables 1,4832,1982,8003,6102,6702,975.453,321.093,706.884,137.494,618.12
Account Receivables (%)
Inventories 352618241430.0233.5137.4041.7446.59
Inventories (%)
Accounts Payable 1,8302,5593,5654,3294,9984,012.144,478.214,998.425,579.066,227.14
Accounts Payable (%)
Capital Expenditure -144-286-501-2,758-1,053-1,021.33-1,139.98-1,272.40-1,420.21-1,585.19
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.