Tencent Holdings Limited (TCTZF)
OTCMKTS · Delayed Price · Currency is USD
56.87
+1.78 (3.23%)
Aug 19, 2026, 4:00 PM EST
Tencent Holdings Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 235,508 | 224,842 | 194,073 | 115,216 | 188,243 | 224,822 |
Depreciation & Amortization | 40,816 | 33,988 | 28,323 | 27,387 | 30,137 | 27,794 |
Other Amortization | 30,735 | 32,040 | 27,890 | 31,621 | 31,079 | 29,876 |
Loss (Gain) From Sale of Assets | -211 | -211 | -194 | -126 | -108 | -35 |
Asset Writedown & Restructuring Costs | 2,436 | 2,436 | 1,563 | 134 | 17,428 | 8,704 |
Loss (Gain) From Sale of Investments | -12,579 | -12,579 | -7,031 | 3,931 | -137,419 | -149,453 |
Loss (Gain) on Equity Investments | -23,740 | -23,740 | -25,176 | -5,800 | 16,129 | 16,444 |
Stock-Based Compensation | 25,660 | 25,660 | 20,702 | 21,073 | 24,949 | 21,625 |
Other Operating Activities | -9,261 | 4,132 | -3,510 | 9,293 | -5,875 | -5,482 |
Change in Accounts Receivable | -1,242 | -1,242 | -1,048 | -1,010 | 4,336 | -4,026 |
Change in Inventory | -89 | -89 | 20 | 1,882 | -1,201 | 1,297 |
Change in Accounts Payable | 13,741 | 13,741 | 10,872 | 8,044 | -6,518 | 20,598 |
Change in Unearned Revenue | 6,143 | 6,143 | 16,533 | 3,821 | -6,637 | 2,293 |
Change in Other Net Operating Assets | -2,069 | -2,069 | -4,496 | 6,496 | -8,452 | -19,271 |
Operating Cash Flow | 305,848 | 303,052 | 258,521 | 221,962 | 146,091 | 175,186 |
Operating Cash Flow Growth | 7.95% | 17.22% | 16.47% | 51.93% | -16.61% | -9.75% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -125,619 | -87,482 | -62,927 | -21,008 | -22,679 | -29,302 |
Sale of Property, Plant & Equipment | 152 | 152 | 203 | 257 | 376 | 191 |
Cash Acquisitions | -11,638 | -11,638 | -7,847 | -7,633 | -12,267 | -21,944 |
Divestitures | - | - | 1 | 14 | 33 | - |
Sale (Purchase) of Intangibles | -25,393 | -25,393 | -33,121 | -26,399 | -28,171 | -32,863 |
Investment in Securities | -102,675 | -102,675 | -36,785 | -83,407 | -50,413 | -92,754 |
Other Investing Activities | 57,124 | 21,304 | 18,289 | 13,015 | 8,250 | -1,877 |
Investing Cash Flow | -208,049 | -205,732 | -122,187 | -125,161 | -104,871 | -178,549 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Short-Term Debt Issued | - | 113,557 | 62,563 | 29,809 | 7,701 | 23,103 |
Long-Term Debt Issued | - | 117,651 | 52,021 | 33,641 | 22,535 | 60,408 |
Total Debt Issued | 231,208 | 231,208 | 114,584 | 63,450 | 30,236 | 83,511 |
Short-Term Debt Repaid | - | -121,385 | -40,049 | -9,889 | -15,378 | -22,944 |
Long-Term Debt Repaid | - | -63,900 | -95,224 | -50,909 | -14,420 | -5,200 |
Total Debt Repaid | -185,285 | -185,285 | -135,273 | -60,798 | -29,798 | -28,144 |
Net Debt Issued (Repaid) | 45,923 | 45,923 | -20,689 | 2,652 | 438 | 55,367 |
Issuance of Common Stock | 1,602 | 2,721 | 1,932 | 1,070 | 995 | 1,043 |
Repurchase of Common Stock | -67,926 | -79,135 | -105,856 | -48,387 | -32,189 | -4,997 |
Common Dividends Paid | -37,535 | -37,535 | -28,859 | -20,983 | -12,952 | -12,503 |
Other Financing Activities | -8,577 | -19,129 | -23,022 | -16,925 | -16,245 | -17,290 |
Financing Cash Flow | -66,513 | -87,155 | -176,494 | -82,573 | -59,953 | 21,620 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | -6,413 | -1,643 | 359 | 1,353 | 7,506 | -3,089 |
Net Cash Flow | 24,873 | 8,522 | -39,801 | 15,581 | -11,227 | 15,168 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 180,229 | 215,570 | 195,594 | 200,954 | 123,412 | 145,884 |
Free Cash Flow Growth | -3.82% | 10.21% | -2.67% | 62.83% | -15.40% | -8.85% |
Free Cash Flow Margin | 22.86% | 28.68% | 29.62% | 33.00% | 22.25% | 26.05% |
Free Cash Flow Per Share | 19.59 | 23.32 | 20.79 | 20.91 | 12.73 | 15.05 |
Levered Free Cash Flow | 130,100 | 139,387 | 126,799 | 149,230 | 71,027 | 94,338 |
Unlevered Free Cash Flow | 138,147 | 147,797 | 134,578 | 156,659 | 77,268 | 99,286 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 Interest Paid | 13,180 | 13,180 | 12,417 | 11,478 | 9,342 | 7,525 |
Cash Income Tax Paid | 44,699 | 44,699 | 46,184 | 34,729 | 27,669 | 28,526 |
Change in Working Capital | 16,484 | 16,484 | 21,881 | 19,233 | -18,472 | 891 |