Pro company pages include CSV downloads for statements, ratios, chart data, and transcript indexes.
HKSE · CN
Operator of Tencent Cloud, a major China cloud platform offering GPU cloud servers, AI development, and model services.
China hyperscale AI cloud provider with GPU infrastructure, MaaS, and enterprise AI platform exposure.
Price
$440.20
Change
-5.20 (-1.17%)
Market cap
$3.97T
52w range
$420–$683
Exchange
HKSE
Country
CN
Jason's Chips
Subscribe or sign in with your Substack email for charts, exports, estimates, transcripts, filings, earnings, and news.
Daily close for Tencent Holdings Limited
Download statements, ratios, chart data, and transcript indexes.
Revenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.
Cash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.
Operating cash flow, capital expenditures, and free cash flow.
Enterprise value, valuation multiples, returns, yields, and cash conversion.
Margins, liquidity ratios, valuation ratios, leverage, and per-share metrics.
Five years of daily close and volume data powering the company chart.
Available earnings-call transcript dates by fiscal year and quarter.
Strong buy
0
Buy
1
Hold
1
Sell
0
Strong sell
0
| Period | Revenue avg | Revenue range | EPS avg | EPS range | EBITDA avg | EBIT avg | Net income avg | SG&A avg | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| 2026-12-31 | $842.22B | $793.52B - $856.95B | $30.20 | $26.84 - $33.96 | $326.37B | $275.55B | $279.15B | $178.48B | 44 rev / 35 EPS |
| 2027-12-31 | $922.56B | $806.68B - $961.02B | $33.54 | $27.84 - $37.98 | $357.50B | $301.83B | $310.04B | $195.50B | 42 rev / 33 EPS |
| 2028-12-31 | $1.01T | $917.92B - $1.04T | $37.60 | $33.04 - $39.07 | $392.28B | $331.20B | $347.55B | $214.52B | 20 rev / 25 EPS |
| 2029-12-31 | $1.11T | $1.01T - $1.15T | $46.38 | $40.76 - $48.20 | $431.06B | $363.93B | $428.73B | $235.72B | 23 rev / 25 EPS |
| 2030-12-31 | $1.10T | $1.00T - $1.14T | $0.00 | $0.00 - $0.00 | $427.89B | $361.26B | $0 | $233.99B | 27 rev / 26 EPS |
| Period | Revenue avg | Revenue range | EPS avg | EPS range | EBITDA avg | EBIT avg | Net income avg | SG&A avg | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $206.76B | $198.15B - $210.60B | $7.53 | $6.98 - $8.03 | $80.12B | $67.65B | $69.03B | $43.82B | 16 rev / 11 EPS |
| 2026-09-30 | $215.60B | $199.22B - $220.51B | $7.82 | $7.06 - $8.45 | $83.55B | $70.54B | $71.74B | $45.69B | 12 rev / 8 EPS |
| 2026-12-31 | $218.21B | $205.30B - $222.73B | $7.60 | $7.01 - $7.80 | $84.56B | $71.39B | $69.70B | $46.24B | 11 rev / 6 EPS |
| 2027-03-31 | $217.52B | $204.65B - $222.03B | $8.15 | $7.53 - $8.37 | $84.29B | $71.17B | $74.79B | $46.10B | 6 rev / 3 EPS |
| 2027-06-30 | $213.78B | $201.14B - $218.21B | $8.52 | $7.86 - $8.75 | $82.84B | $69.94B | $78.14B | $45.30B | 6 rev / 5 EPS |
| 2027-09-30 | $217.82B | $204.94B - $222.34B | $8.99 | $8.30 - $9.24 | $84.41B | $71.27B | $82.50B | $46.16B | 6 rev / 3 EPS |
| 2027-12-31 | $221.94B | $208.81B - $226.54B | $8.99 | $8.30 - $9.23 | $86.00B | $72.61B | $82.44B | $47.03B | 6 rev / 6 EPS |
No price target summary on file.
| Date | Firm | Action | Previous | New |
|---|---|---|---|---|
| 2023-01-24 | Barclays | Maintain | Equal Weight | Equal Weight |
| 2022-05-22 | Barclays | Downgrade | Overweight | Equal Weight |
| 2022-03-24 | Barclays | Maintain | Overweight | Overweight |
| 2021-02-15 | Barclays | Maintain | Overweight | Overweight |
| 2020-05-06 | Barclays | Maintain | Overweight | Overweight |
| 2019-11-22 | Macquarie | Maintain | Outperform | Outperform |
| 2019-11-14 | Barclays | Maintain | Overweight | Overweight |
| 2019-03-21 | Barclays | Maintain | Overweight | Overweight |
| Date | Strong buy | Buy | Hold | Sell | Strong sell |
|---|---|---|---|---|---|
| 2026-06-01 | 8 | 36 | 2 | 1 | 0 |
| 2026-05-01 | 8 | 35 | 2 | 1 | 0 |
| 2026-04-01 | 9 | 37 | 2 | 1 | 0 |
| 2026-03-01 | 9 | 38 | 3 | 1 | 0 |
| 2026-02-01 | 9 | 39 | 3 | 1 | 0 |
| 2026-01-01 | 9 | 40 | 2 | 1 | 0 |
| 2025-12-01 | 9 | 40 | 2 | 1 | 0 |
| 2025-11-01 | 9 | 40 | 2 | 1 | 0 |
| Period | Revenue | Gross profit | Gross margin | R&D | Operating income | EBITDA | Net income | EPS |
|---|---|---|---|---|---|---|---|---|
| FY 2025 | $751.77B | $422.87B | 56.3% | $85.75B | $241.56B | $273.40B | $224.84B | $24.11 |
| FY 2024 | $660.26B | $349.25B | 52.9% | $70.69B | $208.10B | $310.14B | $194.07B | $20.94 |
| FY 2023 | $609.01B | $293.11B | 48.1% | $64.08B | $160.07B | $183.94B | $115.22B | $12.19 |
| FY 2022 | $554.55B | $238.75B | 43.1% | $61.40B | $110.83B | $134.30B | $188.24B | $19.76 |
| FY 2021 | $560.12B | $245.94B | 43.9% | $51.88B | $271.62B | $313.65B | $224.82B | $23.60 |
| FY 2020 | $482.06B | $221.53B | 46.0% | $38.97B | $184.24B | $238.25B | $159.85B | $16.84 |
| FY 2019 | $377.29B | $167.53B | 44.4% | $30.39B | $118.69B | $161.76B | $93.31B | $9.86 |
| FY 2018 | $312.69B | $142.12B | 45.5% | $22.94B | $97.65B | $133.61B | $78.72B | $8.34 |
| FY 2017 | $237.76B | $116.92B | 49.2% | $17.46B | $90.30B | $114.89B | $71.51B | $7.60 |
| FY 2016 | $151.94B | $84.50B | 55.6% | $11.85B | $56.12B | $66.55B | $41.09B | $4.38 |
| FY 2015 | $102.86B | $61.23B | 59.5% | $9.04B | $40.63B | $44.40B | $28.81B | $3.10 |
| FY 2014 | $78.93B | $48.06B | 60.9% | $7.58B | $30.54B | $29.36B | $23.81B | $2.58 |
| Period | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|
| FY 2025 | $303.05B | $87.48B | $190.17B |
| FY 2024 | $258.52B | $62.93B | $181.76B |
| FY 2023 | $221.96B | $21.01B | $174.56B |
| FY 2022 | $146.09B | $23.20B | $95.24B |
| FY 2021 | $175.19B | $31.01B | $113.02B |
| FY 2020 | $194.12B | $34.07B | $127.52B |
| FY 2019 | $148.59B | $22.77B | $91.60B |
| FY 2018 | $110.94B | $19.74B | $52.38B |
| FY 2017 | $106.14B | $12.11B | $74.14B |
| FY 2016 | $65.52B | $8.40B | $46.76B |
| FY 2015 | $45.43B | $5.44B | $32.33B |
| FY 2014 | $32.71B | $4.30B | $26.07B |
| Period | Cash + ST inv. | Receivables | Inventory | PP&E | Assets | Debt | Net debt | Liabilities | Equity |
|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | $433.92B | $49.95B | $530.2M | $177.02B | $2.04T | $406.57B | $258.49B | $798.26B | $1.15T |
| FY 2024 | $341.57B | $101.75B | $439.8M | $110.11B | $1.79T | $357.94B | $222.15B | $733.37B | $973.07B |
| FY 2023 | $375.91B | $96.16B | $454.6M | $87.02B | $1.58T | $370.14B | $194.52B | $708.09B | $806.20B |
| FY 2022 | $288.13B | $86.07B | $2.30B | $84.52B | $1.56T | $354.07B | $196.80B | $788.90B | $711.20B |
| FY 2021 | $264.35B | $84.35B | $1.06B | $88.15B | $1.61T | $322.89B | $152.76B | $735.46B | $804.85B |
| FY 2020 | $229.83B | $67.27B | $812.0M | $77.52B | $1.33T | $261.82B | $106.88B | $555.50B | $702.25B |
| FY 2019 | $186.78B | $50.85B | $707.4M | $60.70B | $939.93B | $229.09B | $95.91B | $458.31B | $426.33B |
| FY 2018 | $169.93B | $36.85B | $324.2M | $39.99B | $723.92B | $180.80B | $80.34B | $367.52B | $323.69B |
| FY 2017 | $146.33B | $24.76B | $298.8M | $27.10B | $561.73B | $133.58B | $24.92B | $281.11B | $259.33B |
| FY 2016 | $124.53B | $14.37B | $262.8M | $18.56B | $395.60B | $109.41B | $36.82B | $209.49B | $174.49B |
| FY 2015 | $136.51B | $11.20B | $221.7M | $14.20B | $306.40B | $65.83B | -$32.21B | $184.47B | $119.87B |
| FY 2014 | $61.74B | $6.81B | $240.3M | $11.57B | $168.59B | $35.53B | -$15.58B | $87.70B | $78.81B |
| Period | Gross margin | Op margin | Net margin | Current | Quick | ROE | ROIC | EV / sales | EV / EBITDA | FCF yield | R&D / rev. | Cash cycle |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | 56.3% | 32.1% | 29.9% | 1.4x | 1.4x | 19.5% | 11.9% | 6.8x | 18.8x | 3.9% | 11.4% | -110d |
| FY 2024 | 52.9% | 31.5% | 29.4% | 1.3x | 1.3x | 19.9% | 11.6% | 5.8x | 12.4x | 5.0% | 10.7% | -82d |
| FY 2023 | 48.1% | 26.3% | 18.9% | 1.5x | 1.5x | 14.3% | 9.1% | 4.6x | 15.1x | 6.8% | 10.5% | -58d |
| FY 2022 | 43.1% | 20.0% | 33.9% | 1.3x | 1.3x | 26.5% | 8.6% | 5.2x | 21.3x | 3.6% | 11.1% | -46d |
| FY 2021 | 43.9% | 48.5% | 40.1% | 1.2x | 1.2x | 27.9% | 20.3% | 6.1x | 10.9x | 3.5% | 9.3% | -71d |
| FY 2020 | 46.0% | 38.2% | 33.2% | 1.2x | 1.2x | 22.8% | 15.2% | 8.8x | 17.9x | 3.1% | 8.1% | -79d |
| FY 2019 | 44.4% | 31.5% | 24.7% | 1.1x | 1.1x | 21.9% | 14.1% | 8.0x | 18.7x | 3.1% | 8.1% | -88d |
| FY 2018 | 45.5% | 31.2% | 25.2% | 1.1x | 1.1x | 24.3% | 14.7% | 7.9x | 18.6x | 2.2% | 7.3% | -114d |
| FY 2017 | 49.2% | 38.0% | 30.1% | 1.2x | 1.2x | 27.6% | 17.3% | 12.8x | 26.5x | 2.5% | 7.3% | -114d |
| FY 2016 | 55.6% | 36.9% | 27.0% | 1.5x | 1.5x | 23.6% | 14.5% | 9.9x | 22.6x | 3.2% | 7.8% | -112d |
| FY 2015 | 59.5% | 39.5% | 28.0% | 1.2x | 1.2x | 24.0% | 16.6% | 10.3x | 23.9x | 3.0% | 8.8% | -96d |
| FY 2014 | 60.9% | 38.7% | 30.2% | 1.5x | 1.5x | 30.2% | 20.4% | 9.5x | 25.5x | 3.4% | 9.6% | -67d |
| Period | Revenue | Gross profit | R&D | Op income | Net income | EPS | FCF | Capex | Cash + ST inv. | Inventory | Assets | Debt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | +13.9% | +21.1% | +21.3% | +16.1% | +15.9% | +15.1% | +4.6% | -47.1% | +27.0% | +20.6% | +14.2% | +13.6% |
| FY 2024 | +8.4% | +19.2% | +10.3% | +30.0% | +68.4% | +71.8% | +4.1% | -61.9% | -9.1% | -3.3% | +13.1% | -3.3% |
| FY 2023 | +9.8% | +22.8% | +4.4% | +44.4% | -38.8% | -38.3% | +83.3% | +6.8% | +30.5% | -80.2% | +1.2% | +4.5% |
| FY 2022 | -1.0% | -2.9% | +18.4% | -59.2% | -16.3% | -16.3% | -15.7% | +18.2% | +9.0% | +116.8% | -3.1% | +9.7% |
| FY 2021 | +16.2% | +11.0% | +33.1% | +47.4% | +40.6% | +40.1% | -11.4% | +6.7% | +15.0% | +30.7% | +20.9% | +23.3% |
| FY 2020 | +27.8% | +32.2% | +28.3% | +55.2% | +71.3% | +70.8% | +39.2% | -16.9% | +23.1% | +14.8% | +41.7% | +14.3% |
| FY 2019 | +20.7% | +17.9% | +32.5% | +21.6% | +18.5% | +18.2% | +74.9% | -5.4% | +9.9% | +118.2% | +29.8% | +26.7% |
| FY 2018 | +31.5% | +21.5% | +31.4% | +8.1% | +10.1% | +9.7% | -29.3% | -68.9% | +16.1% | +8.5% | +28.9% | +35.3% |
| FY 2017 | +56.5% | +38.4% | +47.4% | +60.9% | +74.0% | +73.5% | +58.5% | -70.7% | +17.5% | +13.7% | +42.0% | +22.1% |
| FY 2016 | +47.7% | +38.0% | +31.0% | +38.1% | +42.7% | +41.3% | +44.7% | -43.1% | -8.8% | +18.5% | +29.1% | +66.2% |
| FY 2015 | +30.3% | +27.4% | +19.2% | +33.0% | +21.0% | +20.2% | +24.0% | -97.4% | +121.1% | -7.8% | +81.7% | +85.3% |
| FY 2014 | +30.6% | +47.2% | +48.8% | +59.1% | +53.6% | +52.7% | +42.5% | -9.2% | +37.5% | -83.0% | +54.0% | +131.3% |
Revenue segmentation data unavailable.
2026-08-19EPS est $8.57