Description
Overview of Tencent Holdings Limited Q3FY24 Report
Goals and Objectives of the Research
Research Objective: To perform a comparative analysis of the Q3FY24 quarterly report and those of previous periods.
Research Tasks:
- Gather comprehensive financial and corporate information pertaining to the company for Q3FY24;
- Analyze the collected information;
- Conduct a comparative assessment of the report for the Q3FY24 with reports for previous quarters up to the Q3FY23;
- Formulate conclusions based on the analyzed data.
Disclaimers
The information collected in this report reflects data from the company's public reports and is not questioned or verified via other sources. In other words, information from the company's public reports is taken and used as is.
If additional information from other sources is used or if the data used is reflective of the researcher's personal opinion, this will be labeled accordingly.
The provided public company quarterly reports are unaudited.
Document Markup
- FY - Financial Year;
- Q - Quarter;
- QoQ - Quarter-over-Quarter;
- Tencent - Tencent Holdings Limited;
- This report uses the American number format: a period is used as the decimal separator, while commas separate thousands;
- Year-over-year (YoY) calculations of relative values were not performed in cases where last year's profit changed to a loss in the current year and vice versa within the scope of the current report;
- Tencent Holdings Limited Q3FY24 Report Period is from July 1 to September 30, 2024.
Short Insights
- Total revenues were 167,193 million RMB, an increase of 8.13% compared to the Q3FY23 results of 154,625 million RMB;
- Operating profit was 53,333 million RMB, an increase of 5.13% compared to the Q2FY24 results of 50,732 million RMB;
- Basic and Diluted earnings per share were 5.76 RMB and 5.64 RMB respectively;
- In international markets, VALORANT expanded from PC to PlayStation and Xbox with the launch of its console version in five key international markets, contributing to the game growing gross receipts by over 30% year-on-year during the third quarter of 2024.
