Tencent Holdings Limited (TCEHY)
| Market Cap | 439.89B |
| Revenue (ttm) | 85.06B |
| Net Income (ttm) | 18.05B |
| Shares Out | 9.26B |
| EPS (ttm) | 1.88 |
| PE Ratio | 28.73 |
| Forward PE | 14.31 |
| Dividend | $0.43 (0.91%) |
| Ex-Dividend Date | May 17, 2024 |
| Volume | 309,679 |
| Open | 47.11 |
| Previous Close | 47.44 |
| Day's Range | 47.09 - 47.49 |
| 52-Week Range | 33.00 - 52.10 |
| Beta | 0.56 |
| Analysts | Buy |
| Price Target | 46.00 (-3.14%) |
| Earnings Date | n/a |
About TCEHY
Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile paymen... [Read more]
Financial Performance
In 2023, TCEHY's revenue was 609.02 billion, an increase of 9.82% compared to the previous year's 554.55 billion. Earnings were 115.22 billion, a decrease of -38.79%.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to one analyst, the rating for TCEHY stock is "Buy" and the 12-month stock price forecast is $46.0.
News
Alibaba Stock Has Languished While Tencent Has Soared. One Reason Why.
Shares in Tencent, like much of the rest of Chinese tech, have been slammed since Beijing began a crackdown on technology companies in late 2020.
Tencent-backed Shift Up may price IPO at top end of band, source says
South Korean gaming company Shift Up is set to price its initial public offering (IPO) at the top end of its price band and raise $313 million, according to a source with direct knowledge of the matte...
Tencent's 'Dungeon & Fighter' game dominates China's mobile download charts
Tencent Holdings Ltd's newly launched "Dungeon & Fighter" (DnF Mobile) has got off to a strong start, dominating top-grossing charts on Apple's iOS platform in China for nearly a month, industry data ...
TENCENT E-SPORTS launches “Empower Esports Worldwide Series” to help the globalization of the esports industry
Mars Hou announced the first batch of overseas sites for the "Empower Esports Worldwide Series" - Saudi Arabia, France, and Japan Mars Hou announced the first batch of overseas sites for the "Empower ...
S.Africa's Naspers profit doubles on Tencent, e-commerce performance
South Africa's Naspers said on Monday its full-year earnings more than doubled, buoyed by improved performance of its e-commerce businesses and contribution from China's Tencent , which accounts for t...
Tencent removes hit game ‘Dungeon & Fighter' from Huawei, Oppo, and Vivo app stores
Tencent, China's largest game developer by revenue, announced that it is removing its popular mobile game “Dungeon & Fighter” (DnF Mobile) from certain Android app stores starting Thursday.
Tencent's 'Dungeon & Fighter' game pulled from some Android app stores
Tencent is removing from Thursday its hit mobile game "Dungeon & Fighter" (DnF Mobile) from selected Android app stores as its contracts have expired, the company said.
Tencent finds new hit in 'Dungeon and Fighter' mobile game after dry spell
Chinese internet giant Tencent Holdings' mobile game "Dungeon and Fighter" was the top-selling app on Apple's App Store in China this week, surpassing the company's existing flagship games after it sp...
Tencent Deploys AI to Help Researchers Decipher Hidden Meanings in Oracle Bone Scripts
Online research platform Oracle Bones Corpus welcomes contributions from researchers and enthusiasts SHENZHEN, China , May 28, 2024 /PRNewswire/ -- Tencent (00700.HK) today announced the launch of Ora...
Mizuho Securities analyst names 3 bright spots in China's internet sector
James Lee, U.S. and China internet analyst at Mizuho Securities, says travel, e-commerce and cloud computing are "very encouraging" segments within the sector.
Tencent Announces Winners of Flagship CarbonX Program to Combat Climate Change
SHENZHEN, China , May 23, 2024 /PRNewswire/ -- Tencent (00700.HK) is awarding 13 exceptional teams that won the first phase of its groundbreaking CarbonX Program, which is aimed at boosting promising ...
CE 100 Up 1.6%, Led by Tencent's Rally After Earnings
The CE 100 Index gathered 1.6% in a week that saw nine of the 10 pillars gain ground. The lone pillar to decline was the Move segment, which gave up 0.9%.
Tencent Builds on Recovery as Alibaba Falters Again
Tencent Holdings Ltd.'s revenue and earnings beat estimates while rival Alibaba Group Holding Ltd.'s profit plunged. Bloomberg Intelligence's Catherine Lim shares her take on the results of the two Ch...
Tencent Profit Jumps as High-Margin Businesses Grow
Chinese technology giant Tencent reported a sharp rise in profit for the first quarter, buoyed by rapid growth in its high-margin businesses.
Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming
Tencent saw slightly better performance in its core gaming business as well as improved profitability in its advertising and business services division.
China's Tencent posts strong revenue growth as ad sales and business services shine
China's Tencent Holdings posted a 6% rise in first-quarter revenue on Tuesday, beating analyst expectations, as business services and advertising sales deliver strong revenue growth.
Goldman Sachs discusses its divergent expectations for Tencent and Alibaba earnings
Ronald Keung, head of Asia internet research at Goldman Sachs, says it forecasts 20% earnings growth for Tencent but a mid to high single-digit decline in earnings for Alibaba.
Toyota and Nissan partner with Tencent and Baidu for AI tech
On Thursday, Toyota Motor of Japan announced partnering with China's Tencent, whereas Nissan will partner with Baidu. These cross-border collaborations signify the importance of artificial intelligenc...
Toyota says to partner with Tencent in China
Toyota Motor will partner with tech giant Tencent in China, it said on Thursday, as it looks to expand its position in the competitive auto market.
Tencent shares soar on early release of hotly anticipated mobile game
Shares of Tencent Holdings Ltd. saw their biggest one-day gain in nearly a year on news the Chinese tech giant plans an earlier release of a hotly anticipated mobile video game.
Tencent to release 'Dungeon and Fighter' mobile game in May after seven years
Chinese tech giant Tencent Holdings said on Monday that it will release its much-anticipated "Dungeon and Fighter" mobile game on May 21 after seven years of development.
Tencent Simplifies Process of Linking International Cards With Weixin Pay
Tencent has made it easier for visitors to mainland China to register for a WeChat account and to link international cards to Weixin Pay. In addition, Weixin Pay is exploring interoperability with mo...
10 Companies To Watch In Q2 2024
Following our list of 50 Companies to Watch in January, we're back with 10 specifically for the second quarter based on scenarios from Bloomberg Intelligence. Catherine Lim explains why Chow Tai Fook ...
Tencent gaming revenue: 'Massive correction' unlikely, KraneShares says
Xiaolin Chen, head of international at KraneShares, discusses the Chinese tech company's earnings and says it has "plenty of room" to diversify.