Tencent Holdings Limited (TCEHY)

OTCMKTS: TCEHY · Delayed Price · USD
-0.42 (-1.14%)
Feb 26, 2024, 3:59 PM EST - Market closed
Market Cap 348.06B
Revenue (ttm) 83.19B
Net Income (ttm) 27.02B
Shares Out 9.43B
EPS (ttm) 2.94
PE Ratio 13.19
Forward PE 13.91
Dividend $1.95 (5.34%)
Ex-Dividend Date May 18, 2023
Volume 2,673,483
Open 36.63
Previous Close 36.95
Day's Range 36.51 - 36.84
52-Week Range 33.00 - 50.18
Beta 0.63
Analysts Buy
Price Target 46.00 (+25.92%)
Earnings Date n/a


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 105,309
Stock Exchange OTCMKTS
Ticker Symbol TCEHY
Full Company Profile

Financial Performance

In 2022, TCEHY's revenue was 554.55 billion, a decrease of -0.99% compared to the previous year's 560.12 billion. Earnings were 188.24 billion, a decrease of -16.27%.

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
(25.92% upside)
Analyst Consensus: Buy


Tencent working on mobile version of hit console game 'Elden Ring', sources say

China's Tencent Holdings has been working to adapt acclaimed action role-playing console game "Elden Ring" into a mobile version, three people familiar with the matter said, as it searches for a new h...

21 days ago - Reuters

China's Tencent fires more than 120 workers for fraud

Chinese tech giant Tencent said it last year dismissed more than 120 employees for violating its anti-fraud rules, including for corruption and embezzlement.

22 days ago - TechXplore

Tencent axes Square Enix 'Nier' mobile game as it hunts for a new hit -sources

Tencent halted the development of a highly anticipated mobile game based on Square Enix's "Nier" franchise in December, according to three people with knowledge of the matter, marking a setback in the...

25 days ago - Reuters

Tencent chief says gaming business under threat, catching up in AI

Pony Ma, chief executive and co-founder of Tencent Holdings , has said that the company's video games business faces great challenges from competitors but is catching up in artificial intelligence (AI...

4 weeks ago - Reuters

Riot Games cuts 530 jobs, shuts down publishing arm Riot Forge

Riot Games is laying off about 530 employees, which represents 11% of its workforce, the Tencent-owned company announced on Monday. The League of Legends maker is also sunsetting its five-year-old pub...

4 weeks ago - TechCrunch

Tencent announces layoffs, plus what the labor market is signaling about the economy

Tencent (TCEHY, 0700.HK) — the parent company of social media app TikTok — shares are trading higher after announcing layoffs at video game developer Riot Games, joining the ranks of companies rolling...

4 weeks ago - Yahoo Finance

China's Stocks Leap on Stimulus Report. Baby Bust, Other Woes, May Mean Aid Falls Short.

As the S&P 500 hits new highs, Chinese stocks are closing in on lows reached more than a decade ago.

Other symbols: BABAMCHI
4 weeks ago - Barrons

Alibaba and China Stocks Rebound on Stimulus Report and Tech Rule Moves

Chinese stocks surged on Tuesday amid reports of mooted stimulus plans and a sign that tough draft tech rules could be eased.

Other symbols: BABAJDNTES
4 weeks ago - Barrons

Tencent's 'League of Legends' developer Riot Games announces layoffs of 530 staff

Riot Games, the developer of the popular "League of Legends" multiplayer battle game, is joining other tech companies that have been trimming their payrolls with a layoff of 11% of its staff.

4 weeks ago - TechXplore

China quietly pulls draft gaming rules from website

Beijing has quietly pulled the proposed curbs on the video game industry from the official website, weeks after the draft guidelines wiped tens of billions of dollars off the market value of local tit...

Other symbols: NTES
5 weeks ago - TechCrunch

China regulator removes draft video game rules from website; shares jump

China's gaming regulator has removed from its website rules it proposed last month aimed at curbing spending and rewards that encourage playing video games, checks by Reuters on Tuesday showed, in a m...

Other symbols: NTES
5 weeks ago - Reuters

Tencent's Riot Games division cuts 11% of staff to 'create focus'

Riot said it's cutting headcount for Legends of Runeterra and giving up on an initiative to publish games from indie developers.

5 weeks ago - CNBC

Tencent's Riot Games to cut around 530 jobs, or 11% of its workforce

Videogame maker Riot Games on Monday said it would lay off around 530 employees globally, or around 11% of its total staff, as it tries to narrow its focus after making what executives said were sever...

5 weeks ago - Market Watch

Tencent's Riot Games to lay off about 11% of staff

Tencent Holdings' Riot Games plans to lay off 530 employees, or about 11% of staff globally, the online gaming company said on Monday in a blog that included a letter to staff from CEO Dylan Jadeja.

5 weeks ago - Reuters

PUMA and Tencent Forge Partnership to Pioneer an Innovative Comprehensive E-commerce Business Model

SHENZHEN, China--(BUSINESS WIRE)--The globally renowned sports brand PUMA has officially signed a strategic partnership agreement with Tencent for the 2024 GGP (GMV Growth Plan), leveraging each other...

5 weeks ago - Business Wire

TikTok owner ByteDance in talks with Tencent, others to sell gaming assets

TikTok owner ByteDance said on Tuesday it is in talks with multiple prospective buyers of its gaming assets, including the world's largest video games company, Tencent , as the Chinese social media fi...

7 weeks ago - Reuters

Tencent And NetEase Stocks Continue To Rebound As China Reportedly Ousts Official Who Proposed New Gaming Restrictions

The Chinese government has ousted a top official in charge of regulating the country's gaming industry, according to reports, in a likely effort to stem the damage from a stock market rout over propos...

Other symbols: NTES
7 weeks ago - Forbes

China's gaming stocks climb on report regulatory official removed

Chinese gaming stocks rose on Wednesday to outperform a weak broader market, after Reuters reported China removed a gaming regulatory official.

Other symbols: NTES
7 weeks ago - Reuters

NetEase, Tencent shares rebound after China voices support for gaming industry

Recently beaten-down China online gaming stocks rebounded on Wednesday in Hong Kong on news of a more conciliatory tone on the sector by the country's top gaming regulator.

Other symbols: NTES
2 months ago - Market Watch

Tencent shares regain some ground after regulator appears to soften gaming stance

SHANGHAI, Dec 27 (Reuters) - China's Tencent Holdings (0700.HK) saw its shares stage a partial rebound on Wednesday, the first day of trade after authorities vowed to make improvements to proposed rul...

2 months ago - Reuters

Tencent, NetEase shares rebound after China regulator's assurance on new rules

Chinese online gaming stocks rose Wednesday, recovering some losses from the previous session after the country's top gaming regulator said it will “carefully study” the concerns of all stakeholders o...

Other symbols: NTES
2 months ago - CNBC

China's potential new gaming rules will hit smaller developers more, analyst says

China's proposed gaming rules would hit smaller developers more than large ones, while also reducing overall online advertising revenue, according to UBS.

Other symbols: BILINTES
2 months ago - CNBC

Tencent leads China selloff amid new gaming restrictions

Shares of tech conglomerate Tencent (0700.HK) were down more than 12% Friday morning amid an $80 billion market selloff in Chinese gaming stocks, sparked by new, unexpected restrictions from Beijing. ...

2 months ago - Yahoo Finance

Tencent Rocked by China's New Boss Level

Beijing's internet clampdown isn't done yet, wiping tens of billions of dollars off the value of games companies, but the damage is hard to quantify.

2 months ago - WSJ

Tencent loses over $43 billion in market value after China proposes new online gaming rules

CNBC's Joe Kernen reports on the latest news.

2 months ago - CNBC Television