Tencent Holdings Ltd. - ADR

Tencent Holdings Ltd. - ADR

TCEHY

Market Cap$556.85B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Tencent Holdings Ltd. - ADRTencent Holdings Ltd. - ADR24.10.77%19%0.90.4

Earnings Call Q3 2024

November 13, 2024 - AI Summary

Strong Revenue Growth: Tencent Holdings reported a total revenue of RMB 167.2 billion for Q3 2024, reflecting an 8% year-on-year growth. This growth was driven primarily by a 14% increase in domestic game revenues, thanks to successful titles like Honour of Kings and Peacekeeper Elite, as well as new games like DnF Mobile.
Improved Profit Margins: The company achieved a gross profit of RMB 88.8 billion, up 16% year-on-year, resulting in an overall gross margin of 53%. Value-added services (VAS) gross margin increased to 57%, attributed to a higher mix of high-margin game revenue and improved profitability in music and video segments.
Expansion in E-commerce through Weixin Mini Shops: Tencent is actively enhancing its Weixin Mini Shops to create a unified and trustworthy e-commerce platform, targeting improved consumer experience and better merchant support. The Mini Shops facilitated over RMB 2 trillion in transaction GMV this quarter, indicating strong traction.

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$72.62

Current Fair Value

12.7% upside

Undervalued by 12.7% based on the discounted cash flow analysis.

Share Statistics

Market cap$556.85 Billion
Enterprise Value$761.05 Billion
Dividend Yield$0.434 (0.767473324771642%)
Earnings per Share$11.89
Beta0.55
Outstanding Shares9,238,000,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio24.11
PEG51.16
Price to Sales0.93
Price to Book Ratio0.61
Enterprise Value to Revenue1.18
Enterprise Value to EBIT3.93
Enterprise Value to Net Income4
Total Debt to Enterprise0.46
Debt to Equity0.38

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Tencent Holdings Ltd.

CEO: Huateng Ma