Full history for every metric is available with a Kvantra account
Key financial summary
Financials in CNY| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | CNY bn | 482 | 560 | 555 | 609 | 660 | 752 | 787 | 826 |
| Operating profit | CNY bn | 242 | 257 | ||||||
| Net profit | CNY bn | 160 | 225 | 188 | 115 | 194 | 225 | 235 | 268 |
| EPS reported | CNY | 23.52 | 25.28 | ||||||
| Operating cashflow per share | CNY | 33.36 | 33.89 | ||||||
| Capex per share | CNY | 12.42 | 14.03 | ||||||
| FCF per share | CNY | 20.93 | 19.86 | ||||||
| Free cash flow | CNY bn | 190 | 179 | ||||||
| Net debt | CNY bn | -40.6 | -16.7 | ||||||
| Book value equity | CNY bn | 1,155 | 1,136 | ||||||
| Book value per share | CNY | 124.9 | 124.1 | ||||||
| Number of shares | m | 9,244 | 9,153 | ||||||
| DPS (TTM paid) | CNY | 4.61 | 4.61 |
Financial summary
Financials in CNY| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 22.88 | 14.48 | ||||||
| P/B LTM | x | 4.23 | 2.83 | ||||||
| P/S LTM | x | 6.50 | 4.09 | ||||||
| P/FCF LTM | x | 25.70 | 17.96 | ||||||
| EV/EBITDA LTM | x | 18.82 | 8.95 | ||||||
| EV/Sales LTM | x | 6.85 | 4.07 | ||||||
| Earnings Yield LTM | % | 4.37% | 6.91% | ||||||
| FCF Yield | % | 3.89% | 5.57% | ||||||
| Quality | |||||||||
| ROE | % | 19.47% | 20.47% | ||||||
| ROIC | % | 11.88% | 12.32% | ||||||
| Operating margin | % | 32.13% | 32.65% | ||||||
| Gross margin | % | 56.25% | 56.19% | ||||||
| FCF/Sales | % | 25.30% | 22.78% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +14.79% | +13.31% | ||||||
| Sales Growth YoY | % | +13.86% | +11.72% | ||||||
| Net Income Growth YoY | % | +15.85% | +12.86% | ||||||
| FCF Growth | % | +4.63% | +3.25% | ||||||
| Operating Profit Growth | % | +16.08% | +15.46% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.77% | 1.31% | ||||||
| Dividend Growth | % | +11.03% | +11.03% | ||||||
| Payout Ratio | % | 17.26% | 23.52% | ||||||
| FCF/Debt | x | 0.47 | 0.38 | ||||||
| Net Debt/EBITDA | x | 0.83 | 0.72 | ||||||
| EBIT/Net interest | x | 16.39 | 19.47 | ||||||
| Net debt/market cap | % | -0.83% | -0.52% | ||||||
| Net debt/Equity | x | -0.04 | -0.01 | ||||||
| Gross debt/equity | x | 0.35 | 0.42 | ||||||
ETFs that hold Tencent Holdings
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| Vanguard Total International Stock ETF | VXUS | 6 | 0.78% |
| Vanguard FTSE Emerging Markets ETF | VWO | 3 | 2.90% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 4 | 2.45% |
| Vanguard FTSE All-World ex-US ETF | VEU | 5 | 0.86% |
| iShares Core MSCI Total International Stock ETF | IXUS | 6 | 0.80% |
| iShares Core MSCI EM IMI UCITS ETF | EIMI.L | 4 | 2.45% |
| iShares MSCI Emerging Markets ETF | EEM | 4 | 2.79% |
| Avantis Emerging Markets Equity ETF | AVEM | 5 | 1.55% |
| State Street SPDR Portfolio Emerging Markets ETF | SPEM | 2 | 2.71% |
| iShares MSCI ACWI ex U.S. ETF | ACWX | 5 | 0.94% |
Funds with Tencent Holdings among their ten largest holdings, largest fund first.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
Company overview
Tencent Holdings Limited functions as an investment holding enterprise, delivering a broad spectrum of value-added services (VAS) and digital advertising solutions to markets in both Mainland China and internationally. Its operations are structured across key segments, including Value-Added Services, Online Advertising, FinTech and Business Services, and various other ventures. The company's core offerings encompass online gaming, social networking platforms, financial technology solutions, cloud computing services, and digital advertising. Beyond these, Tencent is actively involved in the production, funding, and distribution of films and television content for external entities, alongside managing copyright licensing, merchandising, and other related activities. Its extensive portfolio also includes software development, the creation and operation of online games, comprehensive information technology services, system integration, asset management, online literature platforms, and digital music entertainment. Established in 1998, Tencent Holdings Limited maintains its corporate headquarters in Shenzhen, People's Republic of China.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Tencent Holdings Limited (0700.HK)
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| Vanguard Total International Stock ETF | VXUS | 6 | 0.78% |
| Vanguard FTSE Emerging Markets ETF | VWO | 3 | 2.90% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 4 | 2.45% |
| Vanguard FTSE All-World ex-US ETF | VEU | 5 | 0.86% |
| iShares Core MSCI Total International Stock ETF | IXUS | 6 | 0.80% |
| iShares Core MSCI EM IMI UCITS ETF | EIMI.L | 4 | 2.45% |
| iShares MSCI Emerging Markets ETF | EEM | 4 | 2.79% |
| Avantis Emerging Markets Equity ETF | AVEM | 5 | 1.55% |
| State Street SPDR Portfolio Emerging Markets ETF | SPEM | 2 | 2.71% |
| iShares MSCI ACWI ex U.S. ETF | ACWX | 5 | 0.94% |
Funds with Tencent Holdings among their ten largest holdings, largest fund first.
Based on consensus from external analysts. Not Kvantra's opinion.
Tencent Holdings Limited functions as an investment holding enterprise, delivering a broad spectrum of value-added services (VAS) and digital advertising solutions to markets in both Mainland China and internationally. Its operations are structured across key segments, including Value-Added Services, Online Advertising, FinTech and Business Services, and various other ventures. The company's core offerings encompass online gaming, social networking platforms, financial technology solutions, cloud computing services, and digital advertising. Beyond these, Tencent is actively involved in the production, funding, and distribution of films and television content for external entities, alongside managing copyright licensing, merchandising, and other related activities. Its extensive portfolio also includes software development, the creation and operation of online games, comprehensive information technology services, system integration, asset management, online literature platforms, and digital music entertainment. Established in 1998, Tencent Holdings Limited maintains its corporate headquarters in Shenzhen, People's Republic of China.
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