Chinese multinational technology conglomerate specializing in internet services, mobile games, social networks, and digital payments including WeChat.
Profile & Fundamentals
Tencent: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Tencent Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Tencent Holdings Limited, an investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally. The company's consumers business includes communications and social services, such as instant messaging and social networks; digital content, including online games, videos, live streaming, news, music, and literature; fintech services, which include mobile payment, wealth management, consumer loans, and securities trading; and various tools comprising network security management, browsing, navigation, application management, email, etc. Its enterprise business comprises marketing solutions, which offer digital tools, including user insight, creative management, placement strategy, and digital assets management; and cloud services, such as cloud computing, big data analytics, artificial intelligence, Internet of Things, and security and other technologies for financial services, education, healthcare, retail, industry, transport, energy, and radio and television industries. The company also invests in, produces, and distributes films and television programs; offers copyrights licensing and merchandise sales and other services; provides internet advertisement services; and offers software development, and information technology and system integration services, as well as develops and operates mobile games. The company was formerly known as Tencent (BVI) Limited and changed its name to Tencent Holdings Limited in February 2004. Tencent Holdings Limited was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.
Company profile record
Tencent Holdings Ltd
Common Stock · Communication Services · Interactive Media & Services
Company
- Company / asset
- Tencent Holdings Ltd
- Security type
- Common Stock
- Sector
- Communication Services
- Industry
- Interactive Media & Services
- HQ
- 🇨🇳 China
- Head office
- Tencent Binhai Towers, Shenzhen, China, 518054
Leadership & scale
- Chief executive
- Mr. Huateng Ma
- CEO year born
- 1972
- Full-time employees
- 115.9K
- Fiscal year end
- December
- IPO date
- 2004-06-16
Fundamentals snapshot
- Market Cap
- HKD 3.92T
- P/E
- 14.8x
- Revenue (Q2 26)
- CNY 204.8B
- Profit (Q2 26)
- CNY 55.8B
- Dividend Yield
- 1.2%
- Revenue (FY 25)
- CNY 751.8B
- Shares in public float
- 6.2B
- Insider ownership
- 31.72%
Reporting & identifiers
- Symbol
- 0700.HKEX
- Listing
- 🇭🇰 Hong Kong | Dividend Tax: 0%
- Ticker Currency
- HKD
- Income Statement Currency
- CNY
- Balance Sheet Currency
- CNY
- Cash Flow Currency
- CNY
- EPS Currency
- CNY
- Contract Type
- SPOT
- ISIN
- KYG875721634
- Asset ID
- equity_c3de33a2-667e-51c8-9376-b9ab39fbbca0
Ownership
Shares Outstanding
Latest: 9.2B | Max: 9.7B | Min: 9.2B
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
67.86%
6.2B latest reported shares
Insider Ownership
31.72%
Latest reported insider stake
Short Float
--
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 9,418,000,000 |
| 2018-01-01 | 9,452,000,000 |
| 2019-01-01 | 9,475,000,000 |
| 2020-01-01 | 9,496,000,000 |
| 2021-01-01 | 9,676,000,000 |
| 2022-01-01 | 9,695,000,000 |
| 2023-01-01 | 9,627,716,000 |
| 2024-01-01 | 9,357,156,000 |
| 2025-01-01 | 9,282,939,000 |
| 2026-01-01 | 9,153,000,000 |
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The company's core financial engine continues to generate impressive results, even while broader consumer spending in China remains slow. Full-year 2025 revenue grew fourteen percent to 752 billion renminbi, while net income climbed sixteen percent. In mid-2026, revenue maintained double-digit growth, driven by strong gains in video advertising and domestic gaming. Headline profit growth temporarily flattened due to heavy accounting charges for new computing equipment. However, the recurring business without experimental tech projects expanded operating profit by nineteen percent. The underlying cash generation remains exceptionally healthy, easily funding technological investments and ongoing shareholder cash distributions.
The company's core financial engine continues to generate impressive results, even while broader consumer spending in China remains slow. Full-year 2025 revenue grew fourteen percent to 752 billion renminbi, while net income climbed sixteen percent. In mid-2026, revenue maintained double-digit growth, driven by strong gains in video advertising and domestic gaming. Headline profit growth temporarily flattened due to heavy accounting charges for new computing equipment. However, the recurring business without experimental tech projects expanded operating profit by nineteen percent. The underlying cash generation remains exceptionally healthy, easily funding technological investments and ongoing shareholder cash distributions.
Revenue, Net Income, and Free Cash Flow
Latest: CNY 751.8B | Max: CNY 751.8B | Min: CNY 41.1B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 23x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profit margins have expanded steadily thanks to a deliberate shift toward more lucrative digital services. Gross margins climbed from forty-three percent in 2022 to over fifty-six percent in 2025, reaching nearly fifty-eight percent in mid-2026. This improvement happened because high-margin video ads and mini-game commissions grew rapidly, displacing lower-margin payment and hardware activities. While recent depreciation on new computer clusters created minor headline pressure on net margins, the underlying business economics remain elite. The software platform costs very little to run for each additional user, meaning future revenue will naturally flow straight into operating profits as computer spending levels out.
Profit margins have expanded steadily thanks to a deliberate shift toward more lucrative digital services. Gross margins climbed from forty-three percent in 2022 to over fifty-six percent in 2025, reaching nearly fifty-eight percent in mid-2026. This improvement happened because high-margin video ads and mini-game commissions grew rapidly, displacing lower-margin payment and hardware activities. While recent depreciation on new computer clusters created minor headline pressure on net margins, the underlying business economics remain elite. The software platform costs very little to run for each additional user, meaning future revenue will naturally flow straight into operating profits as computer spending levels out.
Profitability Margins
Latest: 56.3% | Max: 56.3% | Min: 18.9%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
56.3%
Gross profit / revenue
Operating Margin
32.1%
Operating income / revenue
Net Margin
29.9%
Net income / revenue
FCF Margin
25.3%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 21,861,582,733.81 | 5,912,949,640.29 | 6,728,633,093.53 |
| 2017-12-31 | 36,522,273,425.5 | 10,984,639,016.9 | 11,388,018,433.18 |
| 2018-12-31 | 45,449,709,302.33 | 11,441,715,116.28 | 7,613,662,790.7 |
| 2019-12-31 | 54,208,189,655.17 | 13,406,609,195.4 | 13,161,206,896.55 |
| 2020-12-31 | 73,822,970,903.52 | 24,478,866,768.76 | 19,528,330,781.01 |
| 2021-12-31 | 88,068,867,924.53 | 35,349,371,069.18 | 17,770,597,484.28 |
| 2022-12-31 | 80,369,855,072.46 | 27,281,594,202.9 | 13,803,043,478.26 |
| 2023-12-31 | 85,776,760,563.38 | 16,227,605,633.8 | 24,585,211,267.61 |
| 2024-12-31 | 90,446,164,383.56 | 26,585,342,465.75 | 24,898,767,123.29 |
| 2025-12-31 | 107,548,783,977.11 | 32,166,237,482.12 | 27,206,151,645.21 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 22.65 | Trailing four quarters |
| 2024-12-31 | 18.62 | Trailing four quarters |
| 2023-12-31 | 22.43 | Trailing four quarters |
| 2022-12-31 | 15.2 | Annual net income |
| 2021-12-31 | 16.03 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 55.61 | 36.93 | 27.05 | 30.78 |
| 2017-12-31 | 49.18 | 37.98 | 30.08 | 31.18 |
| 2018-12-31 | 45.45 | 31.23 | 25.17 | 16.75 |
| 2019-12-31 | 44.4 | 31.46 | 24.73 | 24.28 |
| 2020-12-31 | 45.95 | 38.22 | 33.16 | 26.45 |
| 2021-12-31 | 43.91 | 48.49 | 40.14 | 20.18 |
| 2022-12-31 | 43.05 | 19.98 | 33.95 | 17.17 |
| 2023-12-31 | 48.13 | 26.28 | 18.92 | 28.66 |
| 2024-12-31 | 52.9 | 31.52 | 29.39 | 27.53 |
| 2025-12-31 | 56.25 | 32.13 | 29.91 | 25.3 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-22.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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