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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	4,106,073	5,410,660	3,808,430	2,745,989	3,142,538	4,357,876
Market Cap Growth	-5.72%	42.07%	38.69%	-12.62%	-27.89%	-18.86%
Enterprise Value	4,139,913	5,492,715	3,871,857	2,824,188	3,293,965	4,541,524
Last Close Price	455.20	592.10	408.63	285.24	306.02	404.33
PE Ratio	15.81	21.63	18.44	21.63	14.77	15.79
Forward PE	13.04	17.77	16.17	13.78	22.10	24.98
PS Ratio	4.70	6.47	5.42	4.09	5.01	6.34
PB Ratio	2.98	3.92	3.40	2.85	3.55	4.05
P/TBV Ratio	3.98	5.25	4.74	4.06	5.13	5.75
P/FCF Ratio	15.67	22.56	18.30	12.40	22.52	24.34
P/OCF Ratio	11.03	16.04	13.84	11.23	19.03	20.27
PEG Ratio	1.34	1.15	0.73	1.67	2.15	1.44
EV/Sales Ratio	4.74	6.57	5.51	4.21	5.25	6.61
EV/EBITDA Ratio	11.70	18.05	15.81	13.94	21.70	25.17
EV/EBIT Ratio	13.28	20.10	17.50	15.73	26.28	29.87
EV/FCF Ratio	15.80	22.90	18.60	12.76	23.61	25.36
Debt / Equity Ratio	0.34	0.33	0.34	0.43	0.46	0.37
Debt / EBITDA Ratio	1.40	1.45	1.52	1.95	2.55	2.14
Debt / FCF Ratio	1.76	1.89	1.83	1.85	2.91	2.22
Net Debt / Equity Ratio	-0.04	-0.01	0.02	-0.01	0.09	0.07
Net Debt / EBITDA Ratio	-0.19	-0.06	0.09	-0.04	0.51	0.41
Net Debt / FCF Ratio	-0.23	-0.07	0.10	-0.04	0.55	0.41
Asset Turnover	0.39	0.39	0.39	0.39	0.35	0.38
Inventory Turnover	663.15	678.14	694.11	226.54	185.90	334.78
Quick Ratio	1.14	1.24	1.05	1.30	0.83	0.82
Current Ratio	1.43	1.44	1.25	1.47	1.30	1.20
Return on Equity (ROE)	20.52%	20.03%	20.39%	14.25%	22.74%	27.53%
Return on Assets (ROA)	7.92%	8.04%	7.74%	6.46%	4.34%	5.25%
Return on Invested Capital (ROIC)	17.57%	17.71%	17.45%	13.89%	11.13%	13.00%
Return on Capital Employed (ROCE)	15.70%	15.10%	15.00%	13.30%	9.70%	10.20%
Earnings Yield	6.51%	4.62%	5.42%	4.62%	6.77%	6.33%
FCF Yield	6.38%	4.43%	5.46%	8.06%	4.44%	4.11%
Dividend Yield	1.17%	0.90%	1.10%	1.19%	0.78%	0.40%
Payout Ratio	15.96%	16.69%	14.87%	18.21%	6.88%	5.56%
Buyback Yield / Dilution	1.39%	1.74%	2.10%	0.88%	0.01%	-0.48%
Total Shareholder Return	2.56%	2.64%	3.20%	2.07%	0.79%	-0.08%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.