Tencent Holdings Limited (TCEHY)
| Market Cap | 334.24B |
| Revenue (ttm) | 84.57B |
| Net Income (ttm) | n/a |
| Shares Out | 8.84B |
| EPS (ttm) | 2.99 |
| PE Ratio | 13.40 |
| Forward PE | 14.08 |
| Dividend | $1.95 (5.16%) |
| Ex-Dividend Date | May 18, 2023 |
| Volume | 2,171,810 |
| Open | 37.40 |
| Previous Close | 37.40 |
| Day's Range | 37.40 - 37.87 |
| 52-Week Range | 35.11 - 52.88 |
| Beta | 0.68 |
| Analysts | Hold |
| Price Target | 48.00 (+27.02%) |
| 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 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 StatementsAnalyst Forecast
According to one analyst, the rating for TCEHY stock is "Hold" and the 12-month stock price forecast is $48.0.
News
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.
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...
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...
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.
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. ...
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.
Tencent loses over $43 billion in market value after China proposes new online gaming rules
CNBC's Joe Kernen reports on the latest news.
Shares Of Tencent And NetEase Nosedive After China Proposes New Online Gaming Restrictions
A Chinese government regulator released new draft regulations targeting spending and engagement on online games on Friday, causing listed shares of major domestic gaming giants to crater amid fears of...
China's Gaming Curbs Prompt Tencent, Online Stocks Rout
China announced a surprise set of sweeping new gaming curbs Friday, leading to an $80 billion selloff of some of the country's largest online names, led by Tencent Holdings Ltd. Sofia Horta e Costa re...
China to curb gaming spend; Tencent, NetEase plunge
HONG KONG, Dec 22 (Reuters) - Chinese regulators announced on Friday a wide range of rules aimed at curbing spending and rewards that encourage video games, dealing a blow to the world's biggest games...
NetEase sinks 20%, Tencent 11% after China proposes new rules for online gaming companies
Shares of Chinese NetEase Inc. and Tencent Holdings Inc. fell sharply on Friday after authorities announced draft rules to crack down on spending and rewards in online gaming.
Tencent, Netease shares plummet on new China online gaming guidelines
Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending. NetEase, 80% of whose third...
Tencent shuts US video games studio Team Kaiju
Chinese tech giant Tencent has shut down one of its U.S. video games studios that has been considered a key part of its global expansion plan to become a competitive game developer for the Western mar...
Tencent turns to ByteDance in gaming showdown with NetEase
Tencent Holdings is relying on one-time bitter rival ByteDance to promote its most important video game release in years, in a sign of warming relations as well as intensifying competition as China's ...
Tencent launches party game 'DreamStar', analysts say poses a threat to NetEase
Chinese tech giant Tencent Holdings on Friday launched "DreamStar", a new party game that has been widely anticipated by users and pegged by analysts to pose a threat to domestic arch rival NetEase.
China Literature to Acquire Tencent Animation and Comics
HONG KONG , Dec. 11, 2023 /PRNewswire/ -- China Literature Limited ("China Literature" or "the Company", stock code: 0772), a leading online literature and intellectual property ("IP") incubation plat...
Looking for the right time to get back into Chinese tech like Alibaba, Tencent: Portfolio Manager
Adam Coons of Winthrop Capital Management says the cheap valuations of some Chinese tech companies cannot be ignored, and investors should look to go overweight China in an emerging markets portfolio.
Tencent-Backed AI Drug Discovery Startup Xtalpi Files For Hong Kong IPO
Xtalpi's last private fundraising was a $380 million Series D round in October 2021 that valued the company at about $2 billion.
Tencent, JD Beat Q3 Expectations in China Boost
Amid President Xi Jinping's visit to the U.S., two major Chinese firms saw exciting earnings beats. Both Tencent (TCEHY) and JD.com (JD) reported Q3 financial results that beat analysts' expectations.
Tencent shrugged off a new US AI chip ban, saying it's stockpiled enough Nvidia processors for 'a couple more generations'
Tencent president Martin Lau said on Wednesday the company is holding a vast stockpile of chips. Its inventory is enough to last its AI development a "couple more generations," Lau said.
Tencent's Profit Beats Estimates in Defiance of China Slowdown
Tencent Holdings Ltd.'s shares surged in US trading after the WeChat operator reported earnings that beat analysts' estimates.
TENCENT ANNOUNCES 2023 THIRD QUARTER RESULTS
HONG KONG, Nov. 15, 2023 /PRNewswire/ -- Tencent Holdings Limited ("Tencent" or the "Company", 00700.HK), a leading provider of Internet value-added services in China, today announced the unaudited co...
China's Tencent posts Q3 income slide despite revenue growth
Chinese internet giant Tencent announced on Wednesday a nine percent year-on-year dip in third-quarter net income, even as it posted growth in revenue over the same period.
Tencent posts strong revenue growth as games sales recover
China's Tencent Holdings said third-quarter revenue climbed 10%, as its games business staged a robust recovery from a regulatory crackdown on the country's tech sector.
Meta is returning to China 14 years after Facebook was blocked by striking a deal with Tencent to sell its VR headsets
Meta is making a comeback to China 14 years after Facebook was blocked from being accessed there. The company has struck a deal with Tencent to start selling its virtual reality headsets in 2024.