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Tencent Holdings (HK:0700)
:0700
RESEARCH TOOLSreports
Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
6.83Last Year’s EPS
5.64Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 19, 2025
|% Change Since: -6.38%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Positive
Tencent demonstrated strong financial performance with double-digit revenue growth, significant advancements in AI initiatives, and robust growth in gaming and advertising. However, supply constraints in AI, pricing pressures in commercial payments, and high CapEx impacting free cash flow present challenges.Company Guidance
During the Tencent Holdings Limited 2024 Fourth Quarter and Annual Results Announcement Webinar, the management provided detailed guidance on their financial performance and future strategies. The company reported a total revenue of RMB172 billion, marking an 11% year-on-year increase, with a gross profit of RMB91 billion, up 17% year-on-year. Their non-IFRS operating profit rose to RMB59 billion, reflecting a 21% increase, while the non-IFRS net profit attributable to equity holders reached RMB55 billion, up 30% year-on-year. Tencent's strategic focus on AI was discussed extensively, highlighting advancements in their HunYuan capabilities and the integration of AI into various business segments. The company also emphasized its commitment to shareholder returns, distributing HKD32 billion in cash dividends and repurchasing HKD112 billion worth of shares. For 2025, Tencent plans a further HKD80 billion in buybacks. Additionally, the management outlined their investment in AI infrastructure, increasing annual CapEx to $10.7 billion, which is approximately 12% of their revenue, and they expect CapEx to remain in the low-teens percentage of revenue.Strong Financial Performance
Total revenue for Q4 2024 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.
AI Initiatives and Growth
Tencent has advanced its HunYuan AI capabilities, with significant investments in AI infrastructure, algorithm, and training. Yuanbao, an AI native application, increased its DAU 20-fold and became the third highest AI native mobile application in China by DAU.
Gaming and Content Leadership
Domestic games revenue grew 23% year-on-year. International games revenue increased 15% year-on-year. Tencent Music subscribers grew to 121 million, and several drama series ranked among the top five in the industry.
Advertising Revenue Growth
Marketing services revenue grew 17% to RMB35 billion in Q4, driven by AI enhancements in ad targeting and increased engagement in Video Accounts and Weixin Search.
Shareholder Returns
Tencent returned HKD32 billion in cash dividends and repurchased HKD112 billion worth of shares in 2024. They plan to pay HKD4.5 per share in dividends in 2025 and repurchase HKD80 billion worth of stock.
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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 |
|---|---|---|---|
| Mar 19, 2025 | HK$541.00 | HK$540.00 | -0.18% |
| 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% |
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 (HK:0700) report earnings?
Tencent Holdings (HK:0700) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is Tencent Holdings (HK:0700) earnings time?
Tencent Holdings (HK:0700) 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 the P/E ratio of Tencent Holdings 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 2025 (Q1) is 6.83.
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