Tencent HK

 

Fiscal year is January-December. 

All values HKD Millions.

2021 2020 2019 2018 2017 5-year trend 

INCOME STATEMENT

Sales/Revenue 675,060 541,692 427,814 370,372 274,158

 Sales Growth 24.62% 26.62% 15.51% 35.09% - 

Gross Income 290,106 244,184 188,023 165,629 134,825

 Gross Income Growth 18.81% 29.87% 13.52% 22.85% -

 Gross Profit Margin 42.97%

 Non Operating Income/Expense 153,763 32,819 14,303 5,642 21,664

 Non-Operating Interest Income 8,015 7,818 7,160 5,412 4,543

 Interest Expense 9,543 8,370 8,720 5,801 3,528

 Pretax Income 318,786 198,163 125,957 110,129 100,773

 Pretax Income Growth 60.87% 57.33% 14.37% 9.28% -

 Pretax Margin 47.22%

 Net Income 270,958 179,619 105,806 93,239 82,457

 Net Income Growth 50.85% 69.76% 13.48% 13.08% -

 Net Margin 40.14%

CASH FLOW STATEMENT

 Net Income before Extraordinaries 274,559 179,931 108,729 94,737 83,565

 Net Income Growth 52.59% 65.49% 14.77% 13.37% -

 Funds from Operations 210,932 188,087 152,073 127,573 101,489

 Net Operating Cash Flow 212,006 218,902 169,456 133,372 128,774

 Net Operating Cash Flow Growth -3.15% 29.18% 27.06% 3.57% -

 Net Operating Cash Flow / Sales 31.41% 40.41% 39.61% 36.01% 46.97% 

 Capital Expenditures (74,922) (74,837) (64,620) (64,033) (36,903) 

Capital Expenditures Growth -0.11% -15.81% -0.92% -73.51% -

 Capital Expenditures / Sales -11.10% -13.82% -15.10% -17.29% -13.46% 

Free Cash Flow 176,691 180,618 143,641 109,987 114,813

 Free Cash Flow Growth -2.17% 25.74% 30.60% -4.20% -

 Free Cash Flow Yield 3.65% - - - -

 Cash Dividends Paid - Total (15,069) (11,618) (9,429) (8,026) (5,825)

BALANCE SHEET

 Cash & Short Term Investments 323,955 273,169 212,053 193,674 173,455 

 ST Debt & Current Portion LT Debt 29,908 21,417 40,838 46,246 24,547

 Long-Term Debt 365,789 289,770 219,258 159,821 133,798 

 Total Accounts Receivable 103,373 79,951 57,732 42,002 29,347 

Accounts Payable 133,911 111,486 90,259 84,084 60,124 

 Total Current Assets 608,915 390,692 284,087 257,286 220,557 

Total Current Liabilities 494,685 321,078 268,637 232,137 182,626

 Current Ratio 1.23 1.22 1.06 1.11 1.21

 Quick Ratio 1.23 1.21 1.05 1.11 1.21

 Cash Ratio 0.65 0.85 0.79 0.83 0.95 

 Net Property, Plant & Equipment 108,020 92,137 68,912 45,580 32,124

 Intangible Assets 232,291 207,312 144,142 64,601 48,337 

Total Assets 1,972,349 1,580,962 1,067,124 825,072 665,853

 Assets - Total - Growth 24.76% 48.15% 29.34% 23.91% -

 Asset Turnover 0.38 - - - -

 Return On Average Assets 15.25%

 Total Liabilities 899,921 658,483 520,328 418,869 333,218

 Total Liabilities / Total Assets 45.63% 41.65% 48.76% 50.77% 50.04%

 Common Equity (Total) 986,318 834,672 484,023 368,917 307,403

 Additional Paid-In Capital/Capital Surplus 82,362 57,851 39,454 31,125 26,655

 Retained Earnings 837,514 638,425 430,269 341,719 243,309

 Common Equity / Total Assets 50.01% 52.80% 45.36% 44.71% 46.17%

 Total Shareholders' Equity 986,318 834,672 484,023 368,917 307,403

 Total Shareholders' Equity / Total Assets 50.01% 52.80% 45.36% 44.71% 46.17%

 Accumulated Minority Interest 86,111 87,807 62,773 37,286 25,232

 Total Equity 1,072,428 922,479 546,796 406,203 332,635

 Liabilities & Shareholders' Equity 1,972,349 1,580,962 1,067,124 825,072 665,853

 Average Growth Rates 

Tencent Holdings Ltd. 

Past Five Years Ending 12/31/2021 (Fiscal Year) 

Revenue +29.25%

 Net Income +45.72%

 Earnings Per Share +44.57% 

Capital Spending +20.60%

 Gross Margin +55.85%

 Cash Flow +10.78% 

 KEY STOCK DATA

 P/E Ratio (TTM) 14.50(12/16/22) 

EPS (TTM) HK$21.85 

Market Cap HK$3.01 T 

Shares Outstanding 9.57 B 

Public Float 5.97 B 

Yield 0.51%(12/16/22) 

Latest Dividend HK$1.60000002(06/06/22) 

Ex-Dividend Date 05/20/22 ? 

SHORT INTEREST ()