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	Jan '26 Jan 30, 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	5,459,055	3,808,430	2,745,989	3,142,538	4,357,876	5,371,043
Market Cap Growth	60.38%	38.69%	-12.62%	-27.89%	-18.86%	50.59%
Enterprise Value	5,541,109	3,871,857	2,824,188	3,293,965	4,541,524	5,492,203
Last Close Price	606.00	413.39	288.57	309.59	409.04	503.66
PE Ratio	23.73	18.44	21.63	14.77	15.79	28.29
Forward PE	17.94	16.17	13.78	22.10	24.98	30.83
PS Ratio	6.84	5.42	4.09	5.01	6.34	9.38
PB Ratio	3.96	3.40	2.85	3.55	4.05	5.81
P/TBV Ratio	5.33	4.74	4.06	5.13	5.75	8.56
P/FCF Ratio	23.98	18.30	12.40	22.52	24.34	28.26
P/OCF Ratio	17.19	13.84	11.23	19.03	20.27	23.30
PEG Ratio	1.12	0.73	1.67	2.15	1.44	1.22
EV/Sales Ratio	6.95	5.51	4.21	5.25	6.61	9.59
EV/EBITDA Ratio	17.45	15.81	13.94	21.70	25.17	31.97
EV/EBIT Ratio	19.60	17.50	15.73	26.28	29.87	36.88
EV/FCF Ratio	24.34	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
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	4.36%	5.42%	4.62%	6.77%	6.33%	3.53%
FCF Yield	4.17%	5.46%	8.06%	4.44%	4.11%	3.54%
Dividend Yield	0.74%	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	2.81%	3.19%	2.05%	0.78%	-0.09%	-0.17%

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