Tencent Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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
Cash & Equivalents	159,982	132,519	172,320	156,739	167,966	152,798
Short-Term Investments	238,927	201,072	191,932	106,054	85,562	69,620
Trading Asset Securities	23,742	9,568	14,903	27,963	10,573	6,593
Cash & Short-Term Investments	422,651	343,159	379,155	290,756	264,101	229,011
Cash Growth	17.30%	-9.49%	30.40%	10.09%	15.32%	22.21%
Accounts Receivable	52,357	48,203	46,606	45,467	49,331	44,981
Other Receivables	-	33,092	30,554	24,667	18,226	7,695
Receivables	52,357	84,470	80,273	71,367	68,711	52,934
Inventory	550	440	456	2,333	1,063	814
Prepaid Expenses	-	17,335	16,172	15,939	15,795	14,499
Restricted Cash	3,579	3,334	3,818	2,783	2,476	2,520
Other Current Assets	103,016	47,442	38,572	182,811	132,666	17,869
Total Current Assets	582,153	496,180	518,446	565,989	484,812	317,647
Property, Plant & Equipment	166,685	110,166	87,279	85,731	88,305	77,711
Long-Term Investments	1,034,032	883,451	718,589	679,370	786,381	715,978
Goodwill	-	142,126	126,220	116,731	112,173	108,623
Other Intangible Assets	234,948	77,118	68,686	63,117	76,931	66,905
Long-Term Deferred Tax Assets	29,943	28,325	29,017	29,882	26,068	21,348
Other Long-Term Assets	25,511	40,255	25,342	32,515	33,636	24,135
Total Assets	2,073,272	1,780,995	1,577,246	1,578,131	1,612,364	1,333,425
Accounts Payable	128,749	118,712	100,948	92,381	109,470	94,030
Accrued Expenses	4,601	48,313	48,507	42,758	43,271	38,574
Short-Term Debt	50,376	48,526	25,561	5,981	13,540	13,458
Current Portion of Long-Term Debt	12,472	12,982	30,137	16,045	5,463	784
Current Portion of Leases	5,300	5,600	6,154	6,354	5,446	3,822
Current Income Taxes Payable	17,222	16,586	17,664	13,488	12,506	12,134
Current Unearned Revenue	122,039	100,097	86,168	82,216	87,846	82,827
Other Current Liabilities	88,475	46,093	37,018	174,981	125,556	23,450
Total Current Liabilities	429,234	396,909	352,157	434,204	403,098	269,079
Long-Term Debt	328,078	277,107	292,920	312,337	282,884	236,139
Long-Term Leases	13,069	13,897	16,468	18,424	16,501	10,198
Long-Term Unearned Revenue	3,852	6,236	3,435	3,503	4,526	6,678
Long-Term Deferred Tax Liabilities	21,416	18,546	17,635	12,162	13,142	16,061
Other Long-Term Liabilities	17,108	14,404	20,950	14,641	15,520	17,227
Total Liabilities	812,757	727,099	703,565	795,271	735,671	555,382
Additional Paid-In Capital	57,750	43,079	37,989	62,418	67,330	48,793
Retained Earnings	965,307	900,396	820,834	711,992	674,840	542,724
Treasury Stock	-2,514	-3,597	-4,740	-1,868	-	-
Comprehensive Income & Other	151,537	33,670	-45,492	-51,151	64,129	112,467
Total Common Equity	1,172,080	973,548	808,591	721,391	806,299	703,984
Minority Interest	88,435	80,348	65,090	61,469	70,394	74,059
Shareholders' Equity	1,260,515	1,053,896	873,681	782,860	876,693	778,043
Total Liabilities & Equity	2,073,272	1,780,995	1,577,246	1,578,131	1,612,364	1,333,425
Total Debt	409,295	358,112	371,240	359,141	323,834	264,401
Net Cash (Debt)	13,356	-14,953	7,915	-68,385	-59,733	-35,390
Net Cash Growth	25.33%	-	-	-	-	-
Net Cash Per Share	1.44	-1.59	0.82	-7.05	-6.16	-3.67
Filing Date Shares Outstanding	9,081	9,133	9,373	9,483	9,538	9,512
Total Common Shares Outstanding	9,081	9,133	9,373	9,483	9,538	9,512
Working Capital	152,919	99,271	166,289	131,785	81,714	48,568
Book Value Per Share	129.07	106.60	86.26	76.07	84.53	74.01
Tangible Book Value	937,132	754,304	613,685	541,543	617,195	528,456
Tangible Book Value Per Share	103.20	82.59	65.47	57.11	64.71	55.55
Buildings	-	27,287	22,139	20,184	17,709	14,739
Machinery	-	152,055	114,116	106,508	104,664	89,173
Construction In Progress	-	12,302	13,583	9,229	5,923	4,939
Leasehold Improvements	-	5,426	4,384	5,039	3,859	3,209

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