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Tencent Hldgs (TCEHY)
:TCEHY
Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.88Last Year’s EPS
0.73Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 19, 2025
|% Change Since: -5.50%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Positive
Tencent demonstrated strong financial performance with significant growth in revenue, profit, and AI initiatives. Notable achievements were seen in games, music, and marketing services. However, increased CapEx impacted free cash flow, and there were challenges in fully capturing AI service demand due to supply constraints. Despite these challenges, the overall sentiment remains positive due to the company's robust growth and strategic advancements.Company Guidance
During Tencent Holdings Limited's 2024 Fourth Quarter and Annual Results Announcement Webinar, several key financial metrics and strategic insights were highlighted. The company reported a total revenue of RMB172 billion for the fourth quarter, marking an 11% year-on-year increase. Gross profit reached RMB91 billion, up 17% year-on-year, while non-IFRS operating profit increased by 21% year-on-year to RMB59 billion. Non-IFRS net profit attributable to equity holders rose by 30% year-on-year, totaling RMB55 billion. For the full year, Tencent's marketing services revenue grew by 20%, and they paid out HKD32 billion in cash dividends while repurchasing HKD112 billion worth of shares. Additionally, Tencent's AI initiatives were highlighted, with investments leading to a threefold increase in annual CapEx to $10.7 billion, equivalent to approximately 12% of their revenue. The company plans to continue investing in AI, aiming for further growth and innovation while balancing shareholder returns.Strong Financial Performance in Q4 2024
Total revenue was RMB172 billion, up 11% year-on-year. Gross profit was RMB91 billion, up 17% year-on-year. Non-IFRS operating profit was RMB59 billion, up 21% year-on-year, and non-IFRS net profit attributable to equity holders was RMB55 billion, up 30% year-on-year.
Successful AI Initiatives and Growth
Tencent advanced HunYuan capabilities, integrated AI across businesses, and achieved significant growth in Yuanbao, which became the third highest AI native mobile application in China by DAU.
Record-Breaking Achievements in Games and Music
Domestic Games revenue grew 23% year-on-year. International Games revenue increased 15%. Tencent Music subscribers grew to 121 million with an 18% increase in music subscription revenue.
Marketing Services Revenue Growth
Marketing Services revenue grew 17% to RMB35 billion in Q4 2024, driven by AI enhancements, with Video Accounts marketing services revenue growing over 60% year-on-year.
Significant Shareholder Returns
Tencent paid HKD32 billion in cash dividends and repurchased HKD112 billion worth of shares during the year.
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TCEHY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TCEHY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 19, 2025 | $69.63 | $69.50 | -0.19% |
| Nov 13, 2024 | $51.91 | $51.90 | -0.02% |
| Aug 14, 2024 | $48.61 | $47.97 | -1.32% |
| May 14, 2024 | $48.04 | $48.50 | +0.96% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Tencent Hldgs (TCEHY) report earnings?
Tencent Hldgs (TCEHY) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is Tencent Hldgs (TCEHY) earnings time?
Tencent Hldgs (TCEHY) earnings time is at May 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TCEHY EPS forecast?
TCEHY EPS forecast for the fiscal quarter 2025 (Q1) is 0.88.
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