Tencent Holdings Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Cash & Equivalents	217,770	141,041	132,519	172,320	156,739	167,966
Short-Term Investments	214,318	245,582	196,322	191,932	106,054	85,562
Trading Asset Securities	27,627	35,929	9,568	14,903	27,963	10,573
Cash & Short-Term Investments	459,715	422,552	338,409	379,155	290,756	264,101
Cash Growth	21.64%	24.86%	-10.75%	30.40%	10.09%	15.32%
Accounts Receivable	58,116	49,930	48,203	46,606	45,467	49,331
Other Receivables	-	40,305	30,864	30,554	24,667	18,226
Receivables	58,116	95,080	82,242	80,273	71,367	68,711
Inventory	582	530	440	456	2,333	1,063
Prepaid Expenses	-	18,228	17,335	16,172	15,939	15,795
Restricted Cash	7,597	6,977	3,334	3,818	2,783	2,476
Other Current Assets	120,926	52,093	54,420	38,572	182,811	132,666
Total Current Assets	646,936	595,460	496,180	518,446	565,989	484,812
Property, Plant & Equipment	188,738	176,942	110,166	87,279	85,731	88,305
Long-Term Investments	917,249	982,811	882,375	718,589	679,370	786,381
Goodwill	-	153,789	142,126	126,220	116,731	112,173
Other Intangible Assets	221,130	74,549	77,118	68,686	63,117	76,931
Long-Term Deferred Tax Assets	29,698	28,618	28,325	29,017	29,882	26,068
Other Long-Term Assets	47,639	22,949	41,331	25,342	32,515	33,636
Total Assets	2,051,390	2,038,986	1,780,995	1,577,246	1,578,131	1,612,364
Accounts Payable	141,748	121,127	118,712	100,948	92,381	109,470
Accrued Expenses	6,130	56,561	48,313	48,507	42,758	43,271
Short-Term Debt	49,348	40,821	48,526	25,561	5,981	13,540
Current Portion of Long-Term Debt	5,226	12,339	12,982	30,137	16,045	5,463
Current Portion of Leases	5,632	5,386	5,600	6,154	6,354	5,446
Current Income Taxes Payable	19,961	18,558	16,586	17,664	13,488	12,506
Current Unearned Revenue	141,319	110,309	100,097	86,168	82,216	87,846
Other Current Liabilities	84,508	47,650	46,093	37,018	174,981	125,556
Total Current Liabilities	453,872	412,751	396,909	352,157	434,204	403,098
Long-Term Debt	332,231	334,573	277,107	292,920	312,337	282,884
Long-Term Leases	13,074	13,280	13,897	16,468	18,424	16,501
Long-Term Unearned Revenue	2,564	2,210	6,236	3,435	3,503	4,526
Long-Term Deferred Tax Liabilities	23,591	21,684	18,546	17,635	12,162	13,142
Other Long-Term Liabilities	14,431	13,423	14,404	20,950	14,641	15,520
Total Liabilities	839,763	797,921	727,099	703,565	795,271	735,671
Additional Paid-In Capital	68,575	63,796	43,079	37,989	62,418	67,330
Retained Earnings	1,061,102	1,020,535	900,396	820,834	711,992	674,840
Treasury Stock	-1,060	-3,450	-3,597	-4,740	-1,868	-
Comprehensive Income & Other	-965	73,271	33,670	-45,492	-51,151	64,129
Total Common Equity	1,127,652	1,154,152	973,548	808,591	721,391	806,299
Minority Interest	83,975	86,913	80,348	65,090	61,469	70,394
Shareholders' Equity	1,211,627	1,241,065	1,053,896	873,681	782,860	876,693
Total Liabilities & Equity	2,051,390	2,038,986	1,780,995	1,577,246	1,578,131	1,612,364
Total Debt	405,511	406,399	358,112	371,240	359,141	323,834
Net Cash (Debt)	54,204	16,153	-19,703	7,915	-68,385	-59,733
Net Cash Per Share	5.88	1.75	-2.09	0.82	-7.05	-6.16
Filing Date Shares Outstanding	9,033	9,033	9,133	9,373	9,483	9,538
Total Common Shares Outstanding	9,033	9,033	9,133	9,373	9,483	9,538
Working Capital	193,064	182,709	99,271	166,289	131,785	81,714
Book Value Per Share	124.84	127.77	106.60	86.26	76.07	84.53
Tangible Book Value	906,522	925,814	754,304	613,685	541,543	617,195
Tangible Book Value Per Share	100.36	102.49	82.59	65.47	57.11	64.71
Buildings	-	35,396	27,287	22,139	20,184	17,709
Machinery	-	234,570	152,055	114,116	106,508	104,664
Construction In Progress	-	9,670	12,302	13,583	9,229	5,923
Leasehold Improvements	-	5,474	5,426	4,384	5,039	3,859

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