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Tencent Holdings Limited (HKG:0700)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
412.00
-5.80 (-1.39%)
Oct 20, 2026, 11:22 AM HKT

Tencent Holdings Cash Flow Statement

Millions CNY. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Income
56,02258,09358,26063,13355,62847,82151,32453,23047,63041,88927,02536,18226,17125,838106,26839,94318,61923,41394,95839,510
Depreciation & Amortization
11,84710,7028,5739,6368,2977,4826,3487,4957,1917,2895,8087,3056,9447,3305,5918,2627,9868,2986,2907,478
Other Amortization
6,4097,4029,5307,3957,7437,3728,6046,2676,7396,2808,7576,1977,8638,80410,0186,4836,9407,6388,4576,755
Loss (Gain) From Sale of Assets
---211----194----126----108----35-
Asset Writedown & Restructuring Costs
--2,436---1,563---134---17,428---8,704-
Loss (Gain) From Sale of Investments
---12,579----7,031---3,931----137,419----149,453-
Loss (Gain) on Equity Investments
---23,740----25,176----5,800---16,129---16,444-
Stock-Based Compensation
--25,660---20,702---21,073---24,949---21,625-
Other Operating Activities
-21,56825,154-17,9385,1482,70814,214-23,97511,025-7,45216,892-26,08115,341-29220,32511,219-13,7232,156-5,52743,370-12,764
Change in Accounts Receivable
---1,242----1,048----1,010---4,336----4,026-
Change in Inventory
---89---20---1,882----1,201---1,297-
Change in Accounts Payable
--13,741---10,872---8,044----6,518---20,598-
Change in Unearned Revenue
--6,143---16,533---3,821----6,637---2,293-
Change in Other Net Operating Assets
---2,069----4,496---6,496----8,452----19,271-
Operating Cash Flow
52,710101,35166,47585,31274,37676,88954,04678,01754,10872,35053,95465,02540,68662,29735,60340,96535,70133,82251,25140,979
Operating Cash Flow Growth (YoY)
-29.13%31.81%23.00%9.35%37.46%6.27%0.17%19.98%32.99%16.14%51.54%58.73%13.96%84.19%-30.53%-0.03%11.73%-33.69%4.88%-11.93%

Investing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Capital Expenditures
-58,615-37,000-27,916-14,008-18,082-27,476-22,745-27,6301,807-14,359-4,639-10,014-1,944-4,411-10,316400-5,792-6,971-7,571-5,921
Sale of Property, Plant & Equipment
83-152-7878-203-100100-257-164164-376-162162-191-71
Cash Acquisitions
-6,978--11,63810,019-10,019--7,8471,388-1,388--7,633323-323--12,2679,618-9,618--21,9445,015
Divestitures
13-----1---14-1414-33-77---
Sale (Purchase) of Intangibles
-5,648-5,900-25,39911,899-11,899--33,12118,463-18,463--26,39911,933-11,933--28,17115,722-15,722--32,86314,306
Investment in Securities
25,284--102,67517,623-17,623--36,78524,167-24,167--83,40771,499-71,499--50,41313,669-13,669--92,75466,168
Other Investing Activities
-18,30332,340109,658-100,96214,637-2,02357,350-50,08264,586-53,565113,803-105,99665,996-60,78882,420-78,04217,006-13,134120,443-121,610
Investing Cash Flow
-64,164-10,560-57,818-75,507-42,908-29,499-42,944-33,79422,475-67,924-8,004-32,433-19,525-65,199-18,338-38,802-27,626-20,105-34,498-42,113

Financing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Total Debt Issued
96,325-231,208-176,398176,398-114,584-47,87647,876-63,450-51,74851,748-30,236-24,02124,021-83,511-43,319
Lease Payments
-3,636--6,7833,265-3,265--6,3692,777-2,777--6,6522,586-2,586--5,9692,885-2,885--4,4232,022
Total Debt Repaid
-28,056--185,285124,397-124,397--135,27357,740-57,740--60,79845,528-45,528--29,7987,263-7,263--28,14414,684
Net Debt Issued (Repaid)
68,269-45,923-52,00152,001--20,6899,864-9,864-2,652-6,2206,220-438-16,75816,758-55,367-28,635
Issuance of Common Stock
374-1,171-1,692-552261697422116734114707166052167100533
Repurchase of Common Stock
-16,253-8,489-21,572-21,485-19,554-16,666-22,338-34,704-35,324-13,490-14,925-17,199-12,226-4,037-11,574-13,790-3,804-3,021-194-3,535
Common Dividends Paid
-41,595---3,431-37,535---2,884-28,859---1,779-20,983--12,952--12,952--12,503-
Other Financing Activities
-8,147-3,628-51,92946,280-51,53341,48417,311-24,086-10,920-2,443-7,610-85-11,3773,9262,700420-16,86410,451-60,87461,777
Financing Cash Flow
2,648-12,117-26,407-30,637-54,92924,818-25,164-51,549-84,270-15,511-19,767-25,210-37,955359-20,672-30,068-16,8107,597-18,10430,140

Net Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Foreign Exchange Rate Adjustments
-2,034-1,945-1,191-1,2432655261,113-717175-212-339-5533,113-868-313,4244,567-454-1,556146
Net Cash Flow
-10,84076,729-18,941-22,075-23,19672,734-12,949-8,043-7,512-11,29725,8446,829-13,681-3,411-3,438-24,481-4,16820,860-2,90729,152

Free Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
-5,90564,35138,55971,30456,29449,41331,30150,38755,91557,99149,31555,01138,74257,88625,28741,36529,90926,85143,68035,058
Free Cash Flow Growth (YoY)
-30.23%23.19%41.51%0.68%-14.79%-36.53%-8.41%44.33%0.18%95.02%32.99%29.53%115.58%-42.11%17.99%25.27%-37.95%11.72%-11.96%
Free Cash Flow Margin
-2.88%32.76%19.84%36.97%30.51%27.45%18.15%30.14%34.71%36.36%31.78%35.58%25.96%38.59%17.45%29.53%22.31%19.82%30.29%24.63%
Free Cash Flow Per Share
-0.657.014.157.726.095.343.355.385.926.125.125.734.035.992.614.273.092.774.503.62
Levered Free Cash Flow
13,33747,037-10,11368,20827,45056,337-19,92359,45034,14753,12513,44459,52025,11453,929-6,06247,9558,37823,72918,39444,019
Unlevered Free Cash Flow
15,34548,995-8,03770,21129,66358,453-17,83561,41535,97155,02815,32861,43426,99555,679-4,29649,6619,83225,04419,76145,326
Free Cash Flow After Leases
-9,54164,35131,77674,56953,02949,41324,93253,16453,13857,99142,66357,59736,15657,88619,31844,25027,02426,85139,25737,080

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash Interest Paid
6,408-13,180-7,003-12,417-6,070-11,478-5,567-9,342-4,252-7,525-
Cash Income Tax Paid
32,863-44,699-29,006-46,184-30,306-34,729-19,884-27,669-17,377-28,526-
Change in Working Capital
--16,484---21,881---19,233----18,472---891-