← Tencent: all publicationsTencent · 0700.HK · Full Financial Analysis · 2026
Tencent: Full Financial Analysis
A line-by-line review of the financial statements: what lies behind every figure in the balance sheet, the income statement and the cash flow statement. The report is divided into six parts — read them in order or go straight to the one that interests you.
DK · 2026 · Reporting currency: Chinese yuan (RMB)
Sources of information
Annual and quarterly reports, proxy statements and verified news from reputable sources. These are the most reliable sources: first, the company is legally obliged to disclose all material and current information, including all business risks, under threat of prosecution; second, annual reports include independent auditors’ opinions.
1EquityShareholders’ equity of RMB 1,127 bn: retained earnings, share buybacks, share-based compensation, reserves, non-controlling interests.2AssetsCash and deposits, receivables, property, plant and equipment, intangible assets and the three buckets of the investment portfolio.3LiabilitiesBorrowings and notes payable, accounts payable, deferred revenue, tax liabilities and leases.4Revenue, Expenses and ProfitBusiness segments, revenue of RMB 751.8 bn, cost of revenues, gross and operating profit, investment income, taxes.5Cash FlowsOperating, investing and financing cash flows: where the money comes from and where it goes.6Ratios and StrategyFinancial ratios, shareholder structure, management statements, AI strategy, portfolio performance and peer companies for comparison. This material is for analytical and educational purposes only and does not constitute investment advice.
