Tencent Holdings Limited (TCEHY) balance sheet

OTC · Communication Services · Internet Content & Information · 115,849 employees · CEO Huateng Ma

Price: $49.05 +0.84%
Market cap: $444B
Enterprise value: CN¥3.18T
Last report: Q2 '26 filed 2026-06-30
Next report: 2026-11-18

At the end of Q2 '26 Tencent Holdings Limited (TCEHY) held CN¥470B in cash and short-term investments against CN¥472B of debt incl. leases. Total assets CN¥2.16T, total liabilities CN¥937B, shareholders' equity CN¥1.14T.

Balance sheet

Balance sheet	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Assets
Cash & equivalents	CN¥146B	CN¥172B	CN¥161B	CN¥154B	CN¥145B	CN¥133B	CN¥205B	CN¥182B	CN¥164B	CN¥148B	CN¥225B	CN¥215B
Short-term investments	CN¥216B	CN¥192B	CN¥247B	CN¥215B	CN¥205B	CN¥211B	CN¥142B	CN¥198B	CN¥258B	CN¥286B	CN¥241B	CN¥255B
Receivables	CN¥47.3B	CN¥46.6B	CN¥52.4B	CN¥81.7B	CN¥47.3B	CN¥82.2B	CN¥49.3B	CN¥86.2B	CN¥52.4B	CN¥50B	CN¥57.9B	CN¥55.6B
Inventory	CN¥1.68B	CN¥456M	CN¥1.06B	CN¥4.39B	CN¥9.82B	CN¥440M	CN¥427M	CN¥435M	CN¥550M	CN¥530M	CN¥580M	CN¥685M
Other current assets	CN¥94.5B	CN¥76.1B	CN¥91.2B	CN¥37.7B	CN¥107B	CN¥39.1B	CN¥106B	CN¥51.5B	CN¥108B	CN¥111B	CN¥120B	CN¥137B
Current assets	CN¥506B	CN¥518B	CN¥564B	CN¥522B	CN¥524B	CN¥496B	CN¥533B	CN¥545B	CN¥582B	CN¥596B	CN¥645B	CN¥664B
Property, plant & equipment (net)	CN¥83.8B	CN¥87.3B	CN¥86.2B	CN¥89.5B	CN¥100B	CN¥130B	CN¥122B	CN¥160B	CN¥167B	CN¥177B	CN¥188B	CN¥224B
Long-term investments	CN¥483B	CN¥719B	CN¥736B	CN¥783B	CN¥837B	CN¥883B	CN¥952B	CN¥1.02T	CN¥1.04T	CN¥986B	CN¥916B	CN¥922B
Goodwill	CN¥0	CN¥126B	CN¥0	CN¥0	CN¥0	CN¥142B	CN¥0	CN¥0	CN¥0	CN¥154B	CN¥0	CN¥0
Intangible assets	CN¥193B	CN¥68.7B	CN¥202B	CN¥201B	CN¥202B	CN¥77.1B	CN¥231B	CN¥239B	CN¥213B	CN¥83.9B	CN¥198B	CN¥228B
Deferred tax assets	CN¥29.8B	CN¥3.26B	CN¥4.23B	CN¥31.3B	CN¥4.45B	CN¥28.3B	CN¥4.07B	CN¥30B	CN¥30B	CN¥28.6B	CN¥29.6B	CN¥31.6B
Other non-current assets	CN¥245B	CN¥58B	CN¥58.9B	CN¥28.4B	CN¥59.9B	CN¥23.4B	CN¥80.3B	CN¥22.4B	CN¥47.1B	CN¥15.3B	CN¥67.3B	CN¥91.3B
Non-current assets	CN¥1.04T	CN¥1.06T	CN¥1.08T	CN¥1.13T	CN¥1.2T	CN¥1.28T	CN¥1.39T	CN¥1.47T	CN¥1.49T	CN¥1.44T	CN¥1.4T	CN¥1.5T
Total assets	CN¥1.54T	CN¥1.58T	CN¥1.65T	CN¥1.65T	CN¥1.72T	CN¥1.78T	CN¥1.92T	CN¥2.01T	CN¥2.07T	CN¥2.04T	CN¥2.04T	CN¥2.16T
Liabilities
Accounts payable	CN¥112B	CN¥101B	CN¥113B	CN¥121B	CN¥143B	CN¥119B	CN¥125B	CN¥131B	CN¥129B	CN¥121B	CN¥141B	CN¥176B
Accrued expenses	CN¥5.54B	CN¥48.5B	CN¥4.62B	CN¥3.13B	CN¥4.87B	CN¥4.57B	CN¥5.12B	CN¥3.45B	CN¥0	CN¥5.81B	CN¥0	CN¥0
Short-term debt	CN¥60.5B	CN¥55.7B	CN¥68.6B	CN¥58.9B	CN¥51.2B	CN¥61.5B	CN¥53.5B	CN¥71.5B	CN¥68.2B	CN¥58.6B	CN¥60B	CN¥91.8B
Taxes payable	CN¥22.4B	CN¥0	CN¥0	CN¥21.3B	CN¥0	CN¥20.6B	CN¥0	CN¥23.7B	CN¥0	CN¥0	CN¥0	CN¥0
Deferred revenue	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥122B	CN¥110B	CN¥141B	CN¥134B
Other current liabilities	CN¥179B	CN¥141B	CN¥197B	CN¥148B	CN¥203B	CN¥186B	CN¥219B	CN¥200B	CN¥93.1B	CN¥104B	CN¥90.3B	CN¥97.6B
Current liabilities	CN¥362B	CN¥352B	CN¥389B	CN¥388B	CN¥408B	CN¥397B	CN¥409B	CN¥435B	CN¥429B	CN¥413B	CN¥452B	CN¥516B
Long-term debt	CN¥291B	CN¥293B	CN¥284B	CN¥285B	CN¥279B	CN¥277B	CN¥332B	CN¥322B	CN¥328B	CN¥335B	CN¥331B	CN¥367B
Lease obligations (non-current)	CN¥16.2B	CN¥16.5B	CN¥15.2B	CN¥15B	CN¥14B	CN¥13.9B	CN¥13.4B	CN¥13.3B	CN¥13.1B	CN¥13.3B	CN¥13B	CN¥13.4B
Deferred revenue (non-current)	CN¥3.36B	CN¥3.44B	CN¥606M	CN¥4.83B	CN¥923M	CN¥6.24B	CN¥618M	CN¥4.4B	CN¥3.85B	CN¥2.21B	CN¥2.55B	CN¥2.13B
Deferred tax liabilities	CN¥16.5B	CN¥17.6B	CN¥2.32B	CN¥14.2B	CN¥2.22B	CN¥18.5B	CN¥2.77B	CN¥16.9B	CN¥21.4B	CN¥21.7B	CN¥23.5B	CN¥22.6B
Other non-current liabilities	CN¥21.4B	CN¥21B	CN¥41.9B	CN¥21B	CN¥42.2B	CN¥14.4B	CN¥40.9B	CN¥18.4B	CN¥17.1B	CN¥13.4B	CN¥14.4B	CN¥16.7B
Non-current liabilities	CN¥348B	CN¥351B	CN¥341B	CN¥340B	CN¥335B	CN¥330B	CN¥387B	CN¥375B	CN¥384B	CN¥385B	CN¥384B	CN¥422B
Total liabilities	CN¥710B	CN¥704B	CN¥730B	CN¥727B	CN¥743B	CN¥727B	CN¥795B	CN¥810B	CN¥813B	CN¥798B	CN¥837B	CN¥937B
Equity
Retained earnings	CN¥787B	CN¥821B	CN¥857B	CN¥842B	CN¥862B	CN¥892B	CN¥921B	CN¥920B	CN¥966B	CN¥1.01T	CN¥1.06T	CN¥1.07T
Accumulated other comprehensive income	-CN¥63.3B	-CN¥45.5B	-CN¥32.9B	-CN¥10.7B	CN¥16.1B	CN¥3.07B	CN¥74.9B	CN¥144B	CN¥159B	CN¥8.89B	CN¥7.61B	-CN¥2.42B
Shareholders' equity	CN¥769B	CN¥809B	CN¥849B	CN¥861B	CN¥913B	CN¥974B	CN¥1.04T	CN¥1.11T	CN¥1.17T	CN¥1.15T	CN¥1.12T	CN¥1.14T
Debt
Total debt (incl. leases)	CN¥373B	CN¥371B	CN¥374B	CN¥364B	CN¥350B	CN¥358B	CN¥405B	CN¥412B	CN¥409B	CN¥407B	CN¥404B	CN¥472B
Net debt (debt - cash)	CN¥226B	CN¥193B	CN¥213B	CN¥211B	CN¥204B	CN¥226B	CN¥199B	CN¥230B	CN¥246B	CN¥259B	CN¥179B	CN¥257B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	CN¥71.9B	CN¥106B	CN¥97.8B	CN¥133B	CN¥153B	CN¥168B	CN¥157B	CN¥172B	CN¥133B	CN¥148B
Short-term investments	CN¥50.3B	CN¥36.7B	CN¥69.1B	CN¥54B	CN¥75.1B	CN¥94.4B	CN¥133B	CN¥192B	CN¥211B	CN¥286B
Receivables	CN¥10.2B	CN¥16.5B	CN¥28.4B	CN¥35.8B	CN¥45B	CN¥49.3B	CN¥45.5B	CN¥46.6B	CN¥82.2B	CN¥50B
Inventory	CN¥263M	CN¥295M	CN¥324M	CN¥718M	CN¥814M	CN¥1.06B	CN¥2.33B	CN¥456M	CN¥440M	CN¥530M
Other current assets	CN¥14B	CN¥15.1B	CN¥15.9B	CN¥19.5B	CN¥29.5B	CN¥156B	CN¥213B	CN¥76.1B	CN¥39.1B	CN¥111B
Current assets	CN¥149B	CN¥178B	CN¥217B	CN¥254B	CN¥318B	CN¥485B	CN¥566B	CN¥518B	CN¥496B	CN¥596B
Property, plant & equipment (net)	CN¥18.6B	CN¥26.8B	CN¥40B	CN¥61.6B	CN¥77.7B	CN¥88.3B	CN¥85.7B	CN¥87.3B	CN¥130B	CN¥177B
Long-term investments	CN¥116B	CN¥240B	CN¥296B	CN¥378B	CN¥609B	CN¥671B	CN¥511B	CN¥719B	CN¥883B	CN¥986B
Goodwill	CN¥22.9B	CN¥23.6B	CN¥32.6B	CN¥93.5B	CN¥109B	CN¥112B	CN¥117B	CN¥126B	CN¥142B	CN¥154B
Intangible assets	CN¥22.7B	CN¥28.8B	CN¥44.8B	CN¥66.7B	CN¥82.3B	CN¥95.4B	CN¥80.4B	CN¥68.7B	CN¥77.1B	CN¥83.9B
Deferred tax assets	CN¥7.03B	CN¥9.79B	CN¥15.8B	CN¥18.2B	CN¥21.3B	CN¥26.1B	CN¥29.9B	CN¥29B	CN¥28.3B	CN¥28.6B
Other non-current assets	CN¥60B	CN¥47B	CN¥77.7B	CN¥81.6B	CN¥117B	CN¥134B	CN¥188B	CN¥58B	CN¥23.4B	CN¥15.3B
Non-current assets	CN¥247B	CN¥376B	CN¥506B	CN¥700B	CN¥1.02T	CN¥1.13T	CN¥1.01T	CN¥1.06T	CN¥1.28T	CN¥1.44T
Total assets	CN¥396B	CN¥555B	CN¥724B	CN¥954B	CN¥1.33T	CN¥1.61T	CN¥1.58T	CN¥1.58T	CN¥1.78T	CN¥2.04T
Liabilities
Accounts payable	CN¥27.4B	CN¥50.1B	CN¥73.7B	CN¥80.7B	CN¥94B	CN¥109B	CN¥92.4B	CN¥101B	CN¥119B	CN¥121B
Accrued expenses	CN¥13.8B	CN¥20.4B	CN¥22.6B	CN¥29.3B	CN¥38.6B	CN¥43.3B	CN¥42.8B	CN¥48.5B	CN¥4.57B	CN¥40.6B
Short-term debt	CN¥15.7B	CN¥20.4B	CN¥40.6B	CN¥33.2B	CN¥14.2B	CN¥19B	CN¥22B	CN¥55.7B	CN¥61.5B	CN¥53.2B
Taxes payable	CN¥5.96B	CN¥9.64B	CN¥11.3B	CN¥11B	CN¥14.3B	CN¥14.7B	CN¥18.2B	CN¥22B	CN¥20.6B	CN¥0
Deferred revenue	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥0	CN¥111B
Other current liabilities	CN¥44.2B	CN¥60.8B	CN¥65.5B	CN¥93.7B	CN¥118B	CN¥226B	CN¥271B	CN¥141B	CN¥186B	CN¥53.8B
Current liabilities	CN¥101B	CN¥152B	CN¥202B	CN¥240B	CN¥269B	CN¥403B	CN¥434B	CN¥352B	CN¥397B	CN¥413B
Long-term debt	CN¥93.8B	CN¥111B	CN¥139B	CN¥188B	CN¥236B	CN¥283B	CN¥312B	CN¥293B	CN¥277B	CN¥335B
Lease obligations (non-current)	CN¥0	CN¥0	CN¥0	CN¥8.43B	CN¥10.2B	CN¥16.5B	CN¥18.4B	CN¥16.5B	CN¥13.9B	CN¥13.3B
Deferred revenue (non-current)	CN¥2.04B	CN¥2.39B	CN¥7.08B	CN¥7.33B	CN¥0	CN¥4.53B	CN¥3.5B	CN¥3.44B	CN¥6.24B	CN¥2.21B
Deferred tax liabilities	CN¥5.15B	CN¥5.98B	CN¥11B	CN¥12.8B	CN¥0	CN¥13.1B	CN¥12.2B	CN¥17.6B	CN¥18.5B	CN¥21.7B
Other non-current liabilities	CN¥14.7B	CN¥14.4B	CN¥26.1B	CN¥8.82B	CN¥40B	CN¥15.9B	CN¥14.6B	CN¥21B	CN¥14.4B	CN¥13.4B
Non-current liabilities	CN¥108B	CN¥126B	CN¥165B	CN¥225B	CN¥286B	CN¥333B	CN¥361B	CN¥351B	CN¥330B	CN¥385B
Total liabilities	CN¥210B	CN¥278B	CN¥367B	CN¥465B	CN¥555B	CN¥736B	CN¥795B	CN¥704B	CN¥727B	CN¥798B
Equity
Retained earnings	CN¥137B	CN¥203B	CN¥300B	CN¥385B	CN¥538B	CN¥675B	CN¥712B	CN¥821B	CN¥892B	CN¥1.04T
Accumulated other comprehensive income	-CN¥13.8B	-CN¥17.1B	-CN¥6.23B	CN¥0	CN¥0	CN¥64.1B	-CN¥51.2B	-CN¥45.5B	CN¥3.07B	CN¥62.2B
Shareholders' equity	CN¥175B	CN¥256B	CN¥324B	CN¥433B	CN¥704B	CN¥806B	CN¥721B	CN¥809B	CN¥974B	CN¥1.15T
Debt
Total debt (incl. leases)	CN¥109B	CN¥132B	CN¥179B	CN¥233B	CN¥264B	CN¥323B	CN¥359B	CN¥371B	CN¥358B	CN¥407B
Net debt (debt - cash)	CN¥37.6B	CN¥26.2B	CN¥81.5B	CN¥99.5B	CN¥112B	CN¥156B	CN¥202B	CN¥199B	CN¥226B	CN¥259B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates: Financial Modeling Prep.

Not updated in the last refresh (older data or none shown): SEC reported lines.

Data as of 2026-11-01 · Amounts in CNY as reported; price and market cap in USD.