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Tencent Holdings Limited (HK:0700)
:0700
Holding HK:0700?
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Earnings Data
Report Date
Mar 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
6.1Last Year’s EPS
4.72Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 14, 2018
|% Change Since: -5.30%
|Next Earnings Date:Aug 15, 2018
Earnings Call Sentiment|Positive
The earnings call showed strong performance in the games sector and advancements in e-commerce and AI, contributing to overall revenue and profit growth. Despite challenges in payment revenue and increased operating costs, the company's strategic focus and investment in technology indicate a positive outlook.Company Guidance
During the third quarter of 2024, Tencent reported robust financial performance across various metrics, reflecting strong growth in its core businesses. Total revenue increased by 8% year-on-year to RMB 167 million, with gross profit up 16% year-on-year to RMB 89 billion. Non-IFRS operating profit rose by 19% year-on-year to RMB 61 billion. Key segments contributed significantly, with Value-Added Services (VAS) representing 49% of total revenue and FinTech and Business Services accounting for 32%. VAS revenue grew 9% year-on-year to RMB 83 billion, while social networks revenue increased by 4% year-on-year to RMB 31 billion. The company's domestic games revenue saw a 14% year-on-year increase to RMB 37 billion, and international games revenue grew by 9% year-on-year to RMB 15 billion. Tencent's cloud services also saw improved traction internationally, leveraging competitive pricing and domain expertise, while communication and social networks, including WeChat and QQ, experienced MAU growth. The company continues to invest in AI technologies, enhancing its product offerings and operational efficiencies.Robust Revenue Growth in Games
Games business delivered robust revenue growth with the success of evergreen games and new games like DnF Mobile and Delta Force with potential for long-term success.
E-commerce Strategy Upgrade
Upgraded e-commerce strategy with Mini Shops in the Weixin ecosystem to create a unified and trustworthy transaction experience.
AI Integration and Investment
Significant benefits from AI deployment across products and operations, including marketing services and cloud, with continued investment in AI technology.
Overall Revenue and Profit Growth
Total revenue increased by 8% year-on-year to RMB 167 million, with gross profit up 16% year-on-year to RMB 89 billion.
Social Networks and Music Growth
MAU for WeChat grew to 1.38 billion, and music subscription revenue increased by 20% year-on-year.
International Cloud Revenue Increase
Significant growth in international cloud revenue, leveraging domain expertise and competitive pricing.
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HK:0700 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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HK:0700 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | HK$403.80 | HK$403.80 | 0.00% |
| Aug 14, 2024 | HK$378.60 | HK$373.80 | -1.27% |
| May 14, 2024 | HK$374.96 | HK$378.53 | +0.95% |
| Mar 20, 2024 | HK$282.56 | HK$286.33 | +1.33% |
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 Holdings Limited (HK:0700) report earnings?
Tencent Holdings Limited (HK:0700) is schdueled to report earning on Mar 19, 2025, TBA Not Confirmed.
What is Tencent Holdings Limited (HK:0700) earnings time?
Tencent Holdings Limited (HK:0700) earnings time is at Mar 19, 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 the P/E ratio of Tencent Holdings Limited stock?
The P/E ratio of Tencent Holdings Limited is N/A.
What is HK:0700 EPS forecast?
HK:0700 EPS forecast for the fiscal quarter 2024 (Q4) is 6.1.
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