Tencent Holdings Ratios and Metrics

Market cap in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 26, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	4,717,092	3,808,430	2,745,989	3,142,538	4,357,876	5,371,043
Market Cap Growth	24.12%	38.69%	-12.62%	-27.89%	-18.86%	50.59%
Enterprise Value	4,799,147	3,871,857	2,824,188	3,293,965	4,541,524	5,492,203
Last Close Price	518.00	413.39	288.57	309.59	409.04	503.66
PE Ratio	20.29	18.44	21.63	14.77	15.79	28.29
Forward PE	15.10	16.17	13.78	22.10	24.98	30.83
PS Ratio	5.91	5.42	4.09	5.01	6.34	9.38
PB Ratio	3.42	3.40	2.85	3.55	4.05	5.81
P/TBV Ratio	4.61	4.74	4.06	5.13	5.75	8.56
P/FCF Ratio	20.72	18.30	12.40	22.52	24.34	28.26
P/OCF Ratio	14.85	13.84	11.23	19.03	20.27	23.30
PEG Ratio	0.91	0.73	1.67	2.15	1.44	1.22
EV/Sales Ratio	6.02	5.51	4.21	5.25	6.61	9.59
EV/EBITDA Ratio	15.12	15.81	13.94	21.70	25.17	31.97
EV/EBIT Ratio	16.97	17.50	15.73	26.28	29.87	36.88
EV/FCF Ratio	21.08	18.60	12.76	23.61	25.36	28.90
Debt / Equity Ratio	0.33	0.34	0.43	0.46	0.37	0.34
Debt / EBITDA Ratio	1.55	1.52	1.95	2.55	2.14	1.78
Debt / FCF Ratio	1.97	1.83	1.85	2.91	2.22	1.65
Net Debt / Equity Ratio	-0.01	0.01	-0.01	0.09	0.07	0.05
Net Debt / EBITDA Ratio	-0.05	0.07	-0.04	0.51	0.41	0.25
Net Debt / FCF Ratio	-0.06	0.08	-0.04	0.55	0.41	0.22
Asset Turnover	0.38	0.39	0.39	0.35	0.38	0.42
Inventory Turnover	62.63	694.11	226.54	185.90	334.78	340.00
Quick Ratio	1.11	1.07	1.30	0.83	0.82	1.05
Current Ratio	1.36	1.25	1.47	1.30	1.20	1.18
Return on Equity (ROE)	19.83%	20.39%	14.25%	22.74%	27.53%	25.28%
Return on Assets (ROA)	7.66%	7.74%	6.46%	4.34%	5.25%	6.85%
Return on Invested Capital (ROIC)	15.49%	17.49%	13.89%	11.13%	13.00%	16.55%
Return on Capital Employed (ROCE)	14.10%	15.00%	13.30%	9.70%	10.20%	11.80%
Earnings Yield	5.05%	5.42%	4.62%	6.77%	6.33%	3.53%
FCF Yield	4.83%	5.46%	8.06%	4.44%	4.11%	3.54%
Dividend Yield	0.87%	1.09%	1.18%	0.78%	0.39%	0.32%
Payout Ratio	17.48%	14.87%	18.21%	6.88%	5.56%	6.47%
Buyback Yield / Dilution	2.07%	2.10%	0.88%	0.01%	-0.48%	-0.49%
Total Shareholder Return	2.95%	3.19%	2.05%	0.78%	-0.09%	-0.17%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.