Professional
Added to YB: 2024-09-12
Pitch date: 2024-06-30
0700.HK [bullish]
Tencent Holdings Limited
+69.31%
current return
Author Info
No bio for this author
Company Info
Tencent Holdings Limited, an investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally.
Market Cap
HKD 5.1T
Pitch Price
HKD 363.82
Price Target
N/A
Dividend
0.73%
EV/EBITDA
17.71
P/E
23.99
EV/Sales
7.05
Sector
Interactive Media and Services
Category
value
Loomis Sayles Global Growth Fund Portfolio Holding: Tencent Holdings Limited
0700.HK: Q4 strong: Rev +6% YoY, Op profit +30%. Gaming rebounding post-reg concerns. VAS -1%, Fintech +7%, Ads +26%. 37% margin (+700bps). FCF 32% of rev. 1.36B WeChat users (+3%). Long-term growth in gaming, media, ads, payments, cloud. Undervalued vs intrinsic value est.
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