Tencent Holdings Limited (TCEHY)
| Market Cap | 469.93B |
| Revenue (ttm) | 87.15B |
| Net Income (ttm) | 18.49B |
| Shares Out | 9.33B |
| EPS (ttm) | 1.93 |
| PE Ratio | 31.15 |
| Forward PE | 14.31 |
| Dividend | $0.43 (0.86%) |
| Ex-Dividend Date | May 17, 2024 |
| Volume | 1,082,040 |
| Open | 50.70 |
| Previous Close | 51.08 |
| Day's Range | n/a |
| 52-Week Range | 33.00 - 52.10 |
| Beta | 0.60 |
| Analysts | Buy |
| Price Target | 46.00 (-8.69%) |
| 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
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.
Focus: Tencent's next level up: fewer big foreign franchise games, more in-house
In a sea change at China's Tencent , an easy-to-play game of cute characters tackling obstacle courses has taken precedence over developing a big-budget sophisticated foreign franchise for smartphones...
Chinese internet giant Tencent posts lowest annual profit since 2019
Chinese internet giant Tencent on Wednesday posted its lowest annual profit since 2019, despite slight improvements recently in China's economy and a more lenient attitude taken by regulators towards ...
Tencent's Results Disappoint Amid Slowing Chinese Economy, But Outlook Is Brighter
Tencent Holdings reported worse-than-expected results in the fourth quarter as the Chinese technology giant navigated a slowing economy.
China's Tencent posts weaker than expected revenue growth
China's Tencent Holdings posted a 7% rise in fourth-quarter revenue on Wednesday, trailing analysts' expectations, as China's economic slowdown takes a toll.
China: Stocks to consider as the economy rebounds
As concerns over China's economic trajectory linger, there are signs that a gradual recovery may be underway. KraneShares CIO Brendan Ahern joins Yahoo Finance Live to discuss the outlook for the Chin...
China c.bank approves Tencent's Tenpay capital boost
China's central bank has approved Tencent Holdings' online payment platform Tenpay boosting its registered capital to 15.3 billion yuan ($2.13 billion), according to a central bank statement on Friday...
China's Tencent takes over two ByteDance video game teams - source
China's Tencent has taken over two ByteDance video games units after ByteDance retreated from the gaming business last year, according to a person familiar with the matter.
Key competitors to Baidu's cloud business are not Alibaba or Tencent: Analyst
Shawn Yang of Arete Research says that Baidu is "still doing better" than Alibaba or Tencent when it comes to AI development.
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...
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.
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...
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...