Tencent Holdings Limited (HKG: 0700)

Tencent Holdings Income Statement

Financials in millions CNY. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	609,015	554,552	560,118	482,064	377,289
Revenue Growth (YoY)	9.82%	-0.99%	16.19%	27.77%	20.66%
Cost of Revenue	315,906	315,806	314,174	260,532	209,756
Gross Profit	293,109	238,746	245,944	221,532	167,533
Selling, General & Admin	137,736	135,925	130,441	101,383	74,842
Research & Development	64,078	61,401	51,880	38,972	30,387
Other Operating Expenses	-5,541	-11,119	-8,888	-7,922	-3,881
Operating Expenses	127,451	124,806	121,553	93,461	70,961
Operating Income	160,074	87,915	108,577	133,414	118,694
Interest Income	13,808	8,592	6,650	6,957	6,314
Interest Expense	11,885	9,985	7,918	7,449	7,690
Other Expense / Income	3,505	-123,237	-137,765	-46,822	10,496
Pretax Income	161,324	210,225	248,062	180,022	109,400
Income Tax	43,276	21,516	20,252	19,897	13,512
Net Income	115,216	188,243	224,822	159,847	93,310
Net Income Growth	-38.79%	-16.27%	40.65%	71.31%	18.54%
Shares Outstanding (Basic)	9,455	9,528	9,528	9,490	9,468
Shares Outstanding (Diluted)	9,610	9,695	9,696	9,650	9,603
Shares Change	-0.88%	-0.01%	0.48%	0.49%	0.37%
EPS (Basic)	12.19	19.76	23.60	16.84	9.86
EPS (Diluted)	11.89	19.34	23.16	16.52	9.72
EPS Growth	-38.52%	-16.49%	40.19%	69.96%	18.10%
Free Cash Flow	174,555	95,241	113,021	127,520	91,602
Free Cash Flow Per Share	18.16	9.82	11.66	13.21	9.54
Gross Margin	48.13%	43.05%	43.91%	45.95%	44.40%
Operating Margin	26.28%	15.85%	19.38%	27.68%	31.46%
Profit Margin	18.92%	33.95%	40.14%	33.16%	24.73%
Free Cash Flow Margin	28.66%	17.17%	20.18%	26.45%	24.28%
Effective Tax Rate	26.83%	10.23%	8.16%	11.05%	12.35%
EBITDA	239,238	149,131	166,247	184,188	146,969
EBITDA Margin	39.28%	26.89%	29.68%	38.21%	38.95%
Depreciation & Amortization	59,008	61,216	57,670	50,774	44,673
EBIT	180,230	87,915	108,577	133,414	102,296
EBIT Margin	29.59%	15.85%	19.38%	27.68%	27.11%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.