Tencent Holdings Limited (TCEHY)

OTCMKTS: TCEHY · Delayed Price · USD
45.56
+0.49 (1.09%)
Jul 26, 2024, 3:59 PM EDT - Market closed
Market Cap 420.48B
Revenue (ttm) 85.31B
Net Income (ttm) 18.10B
Shares Out 9.23B
EPS (ttm) 1.89
PE Ratio 27.79
Forward PE 14.31
Dividend $0.43 (0.96%)
Ex-Dividend Date May 17, 2024
Volume 408,936
Open 45.50
Previous Close 45.07
Day's Range n/a
52-Week Range 33.00 - 52.10
Beta 0.54
Analysts Buy
Price Target 46.00 (+0.97%)
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]

IPO Date Jun 16, 2004
Employees 105,417
Stock Exchange OTCMKTS
Ticker Symbol TCEHY
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for TCEHY stock is "Buy" and the 12-month stock price forecast is $46.0.

Price Target
$46.0
(0.97% upside)
Analyst Consensus: Buy

News

Bahrain Data Center Market Investment Analysis Report 2024-2029 Featuring Key DC Investors - Batelco, Tencent Cloud, and Zain, & New Entrants, Gulf Data Hub

Dublin, July 23, 2024 (GLOBE NEWSWIRE) -- The "Bahrain Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Bahrai...

3 days ago - GlobeNewsWire

Alibaba, Tencent and Other Emerging Market Stocks on This Pro's Shopping List

Allspring's Alison Shimada favors companies with strong balance sheets and free cash flow. Why she likes China, India, and Turkey.

Other symbols: BABA
8 days ago - Barrons

Chinese Stocks Fall on Disappointing Economic Growth

Baidu, Alibaba, and Tencent were falling on Monday.

Other symbols: BABABIDU
11 days ago - Barrons

China leads the patents race for generative AI, with Tencent and Baidu topping the list

Geographically, China leads with 38,210 inventions from 2014 to 2023, far outpacing the U.S. (6,276), Republic of Korea (4,155), Japan (3,409) and India (1,350). Tencent, Ping An Insurance and Baidu a...

Other symbols: BIDU
22 days ago - CNBC

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.

Other symbols: BABA
4 weeks ago - Barrons

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...

4 weeks ago - Reuters

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 ...

4 weeks ago - Reuters

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 ...

4 weeks ago - GlobeNewsWire

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...

Other symbols: NPSNY
4 weeks ago - Reuters

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.

5 weeks ago - Invezz

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.

5 weeks ago - Reuters

‘The China equity trade is back' and here are the stocks to pick, says SocGen

Early futures action suggest the S&P 500 SPX will open a fraction shy of the fresh record close hit this week.

Other symbols: BABABEKEBIDUBZFXIGXCJD
6 weeks ago - Market Watch

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...

2 months ago - Reuters

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...

2 months ago - PRNewsWire

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.

Other symbols: BABABIDU
2 months ago - CNBC International TV

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 ...

2 months ago - PRNewsWire

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%.

2 months ago - PYMNTS

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...

2 months ago - Bloomberg Markets and Finance

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.

2 months ago - WSJ

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.

2 months ago - CNBC

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.

2 months ago - Reuters

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.

Other symbols: BABA
2 months ago - CNBC International TV

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...

Other symbols: BIDUNSANYTM
3 months ago - Invezz

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.

Other symbols: TM
3 months ago - Reuters

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.

3 months ago - Market Watch