Tencent Holdings Limited

SEHK-700

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Operating Revenues						369,723	474,569	552,433	547,358	603,620	623,339
Other Revenues, Total						7,566	7,495	7,685	7,194	5,395	7,100
Total Revenues						377,289	482,064	560,118	554,552	609,015	630,439
Total Revenues % Chg.						20.7%	27.8%	16.2%	-1%	9.8%	7.9%
Cost of Goods Sold, Total						209,705	260,440	314,187	315,665	315,903	306,584
Gross Profit						167,584	221,624	245,931	238,887	293,112	323,855
Selling General & Admin Expenses, Total						74,842	101,383	130,441	135,925	137,736	141,353
Other Operating Expenses						-4,678	-5,141	-8,360	-7,918	-7,571	-9,394
Other Operating Expenses, Total						70,164	96,242	122,081	128,007	130,165	131,959
Operating Income						97,420	125,382	123,850	110,880	162,947	191,896
Interest Expense, Total						-7,690	-7,449	-7,918	-9,985	-11,885	-12,038
Interest And Investment Income						7,328	8,722	7,310	8,592	13,808	15,621
Net Interest Expenses						-362	1,273	-608	-1,393	1,923	3,583
Income (Loss) On Equity Invest.						-1,681	3,672	-16,444	-16,129	5,800	14,465
Currency Exchange Gains (Loss)						77	-438	804	633	-383	-227
Other Non Operating Income (Expenses)	—	—	—	—	—	—	—	—	—	—	-1,959
EBT, Excl. Unusual Items						95,454	129,889	107,602	93,991	170,287	207,758
Impairment of Goodwill						-20	-4,205	-8,702	—	—	—
Gain (Loss) On Sale Of Investments						14,180	55,005	149,160	116,287	-6,090	-4,178
Gain (Loss) On Sale Of Assets	—	—	—	—	—	—	—	—	108	126	126
Asset Writedown						-214	-667	2	-141	-3	-73
Other Unusual Items	—	—	—	—	—	—	—	—	-20	-2,996	-2,982
EBT, Incl. Unusual Items						109,400	180,022	248,062	210,225	161,324	200,651
Income Tax Expense						13,512	19,897	20,252	21,516	43,276	45,003
Earnings From Continuing Operations						95,888	160,125	227,810	188,709	118,048	155,648
Minority Interest						-2,578	-278	-2,988	-466	-2,832	-2,922
Net Income						93,310	159,847	224,822	188,243	115,216	152,726
Net Income to Common Incl Extra Items						93,310	159,847	224,822	188,243	115,216	152,726
Net Income to Common Excl. Extra Items						93,310	159,847	224,822	188,243	115,216	152,726
Total Shares Outstanding						9,474.6	9,512.4	9,538.5	9,482.8	9,373.4	9,261.1
Weighted Avg. Shares Outstanding						9,468	9,490	9,528	9,528	9,455	9,382
Weighted Avg. Shares Outstanding Dil						9,603	9,650	9,696	9,695	9,610	9,526
EPS						9.9	16.8	23.6	19.8	12.2	16.3
EPS Diluted						9.6	16.5	23.2	19.3	11.9	15.9
EBITDA						110,605	144,667	146,995	134,297	183,937	213,072
Effective Tax Rate						12.4%	11.1%	8.2%	10.2%	26.8%	22.4%