Stock TCEHY TENCENT HOLDINGS LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Tencent Holdings Limited OTC Markets

Equities

TCEHY

US88032Q1094

Internet Services

Market Closed - OTC Markets
Other stock markets
 04:00:00 2024-07-12 pm EDT 		5-day change 1st Jan Change
50.45 USD +1.92% Intraday chart for Tencent Holdings Limited +4.15% +33.50%
Jul. 12 Tencent Holdings To Spread Year-End Bonuses, Housing Allowance Monthly MT
Jul. 11 Tencent-Backed WeBank Establishes Tech Headquarters in Hong Kong MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,187,363 4,520,554 3,550,845 2,775,430 2,495,851 3,386,105 - -
Enterprise Value (EV) 1 3,171,811 4,531,617 3,530,602 2,760,598 2,550,591 3,230,903 3,095,648 2,923,204
P/E ratio 34.8 x 28.7 x 16.1 x 15.3 x 22.4 x 20.9 x 18.1 x 15.7 x
Yield 0.32% 0.28% 0.35% 0.81% 1.17% 1.01% 1.2% 1.37%
Capitalization / Revenue 8.45 x 9.38 x 6.34 x 5 x 4.1 x 5.1 x 4.64 x 4.24 x
EV / Revenue 8.41 x 9.4 x 6.3 x 4.98 x 4.19 x 4.87 x 4.24 x 3.66 x
EV / EBITDA 23.1 x 26.6 x 20.4 x 16.8 x 10.8 x 12.2 x 10.7 x 8.98 x
EV / FCF 27.3 x 28.3 x 24.9 x 21.6 x 12.9 x 17.8 x 13.7 x 12.4 x
FCF Yield 3.66% 3.53% 4.02% 4.64% 7.77% 5.62% 7.31% 8.07%
Price to Book 7.45 x 6.4 x 4.4 x 3.9 x 3.12 x 3.62 x 3.11 x 2.72 x
Nbr of stocks (in thousands) 9,495,729 9,523,125 9,540,009 9,408,797 9,352,822 9,185,410 - -
Reference price 2 335.7 474.7 372.2 295.0 266.9 368.6 368.6 368.6
Announcement Date 3/18/20 3/24/21 3/23/22 3/22/23 3/20/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 377,289 482,064 560,118 554,552 609,015 664,036 730,081 797,758
EBITDA 1 137,268 170,680 173,173 164,037 235,454 264,522 289,832 325,346
EBIT 1 118,694 184,237 271,620 235,706 160,074 213,497 239,655 268,591
Operating Margin 31.46% 38.22% 48.49% 42.5% 26.28% 32.15% 32.83% 33.67%
Earnings before Tax (EBT) 1 109,400 180,022 248,062 210,225 161,324 219,290 247,516 280,788
Net income 1 93,310 159,847 224,822 188,243 115,216 164,616 188,793 214,953
Net margin 24.73% 33.16% 40.14% 33.95% 18.92% 24.79% 25.86% 26.94%
EPS 2 9.643 16.52 23.16 19.34 11.89 17.64 20.37 23.51
Free Cash Flow 1 116,221 160,159 141,794 128,077 198,069 181,478 226,360 235,771
FCF margin 30.8% 33.22% 25.32% 23.1% 32.52% 27.33% 31% 29.55%
FCF Conversion (EBITDA) 84.67% 93.84% 81.88% 78.08% 84.12% 68.61% 78.1% 72.47%
FCF Conversion (Net income) 124.55% 100.2% 63.07% 68.04% 171.91% 110.24% 119.9% 109.68%
Dividend per Share 2 1.089 1.344 1.298 2.400 3.129 3.741 4.414 5.047
Announcement Date 3/18/20 3/24/21 3/23/22 3/22/23 3/20/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 144,188 135,471 134,034 140,093 144,954 149,986 149,208 154,625 155,196 159,501 160,633 169,262 170,854 172,140 177,167
EBITDA 1 36,568 38,283 38,628 43,124 44,002 52,656 56,848 61,301 59,494 69,259 63,140 66,304 66,319 56,509 -
EBIT 1 109,723 37,217 30,067 51,593 116,829 40,429 40,300 48,475 41,401 58,619 53,946 56,543 56,133 57,758 -
Operating Margin 76.1% 27.47% 22.43% 36.83% 80.6% 26.96% 27.01% 31.35% 26.68% 36.75% 33.58% 33.41% 32.85% 33.55% -
Earnings before Tax (EBT) 1 99,593 29,002 23,798 45,946 111,479 37,859 38,168 47,789 37,508 56,820 53,868 59,633 60,678 55,400 -
Net income 1 94,958 23,413 18,619 39,943 106,268 25,838 26,171 36,182 27,025 41,889 40,306 44,009 45,137 - -
Net margin 65.86% 17.28% 13.89% 28.51% 73.31% 17.23% 17.54% 23.4% 17.41% 26.26% 25.09% 26% 26.42% - -
EPS 2 9.788 2.404 1.915 4.104 10.98 2.639 2.695 3.752 2.807 4.386 4.239 4.654 4.630 - -
Dividend per Share 2 1.600 - - - 2.400 - - - 3.129 - - - 3.962 - -
Announcement Date 3/23/22 5/18/22 8/17/22 11/16/22 3/22/23 5/17/23 8/16/23 11/15/23 3/20/24 5/14/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 11,063 - - 54,740 - - -
Net Cash position 1 15,552 - 20,243 14,832 - 155,202 290,456 462,901
Leverage (Debt/EBITDA) - 0.0648 x - - 0.2325 x - - -
Free Cash Flow 1 116,221 160,159 141,794 128,077 198,069 181,478 226,360 235,771
ROE (net income / shareholders' equity) 24.7% 28.1% 29.8% 24.6% 15.1% 20% 19.3% 19.3%
ROA (Net income/ Total Assets) 11.1% 14% 15.3% 11.8% 7.3% 10.6% 10.7% 11.3%
Assets 1 838,757 1,143,725 1,472,890 1,595,253 1,577,696 1,554,757 1,761,080 1,903,167
Book Value Per Share 2 45.10 74.20 84.60 75.70 85.50 102.0 119.0 136.0
Cash Flow per Share 2 15.50 20.10 18.10 15.10 23.10 24.10 26.30 31.60
Capex 1 32,369 33,960 33,392 18,014 23,893 33,479 36,881 36,831
Capex / Sales 8.58% 7.04% 5.96% 3.25% 3.92% 5.04% 5.05% 4.62%
Announcement Date 3/18/20 3/24/21 3/23/22 3/22/23 3/20/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Tencent Holdings Limited

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
47
Last Close Price
368.6 CNY
Average target price
430.3 CNY
Spread / Average Target
+16.72%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Internet Services

1st Jan change Capi.
NETFLIX, INC. Stock Netflix, Inc.
+33.01% 279B
UBER TECHNOLOGIES, INC. Stock Uber Technologies, Inc.
+17.65% 151B
AIRBNB, INC. Stock Airbnb, Inc.
+7.82% 93.18B
PROSUS N.V. Stock Prosus N.V.
+27.35% 91.61B
SPOTIFY TECHNOLOGY S.A. Stock Spotify Technology S.A.
+60.86% 60.17B
DOORDASH, INC. Stock DoorDash, Inc.
+6.18% 42.94B
NASPERS LIMITED Stock Naspers Limited
+17.43% 35.53B
COSTAR GROUP, INC. Stock CoStar Group, Inc.
-13.27% 30.96B
PINTEREST, INC. Stock Pinterest, Inc.
+11.47% 28.21B
Other Internet Services
  1. Stock Market
  2. Equities
  3. 700 Stock
  4. TCEHY Stock
  5. Financials Tencent Holdings Limited