Balance Sheet Data

Tencent Music Entertainment Group (TME)

$8.67

-0.33 (-3.67%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 5,17417,43722,47026,02320,42631,543.7641,689.2755,097.9072,819.1996,240.24
Total Cash (%)
Account Receivables 1,2201,5112,2482,8393,6104,063.255,370.127,097.339,380.0612,397
Account Receivables (%)
Inventories 303526182457.6776.22100.74133.14175.96
Inventories (%)
Accounts Payable 1,0451,8302,5593,5654,3294,567.106,036.037,977.4110,543.2113,934.25
Accounts Payable (%)
Capital Expenditure -77-144-286-501-336.08-444.18-587.04-775.85-1,025.40-1,355.20
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.