Tencent Holdings (TENCHN) Ratios
Tencent Holdings Ratios
MX:TENCHN's free cash flow for Q2 2026 was $4.99B. For the 2026 fiscal year, MX:TENCHN's free cash flow was decreased by $-47.72B and operating cash flow was $52.71B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.44 | 1.28 | 1.50 | 1.33 | 1.23 |
| Quick Ratio | 1.44 | 1.27 | 1.50 | 1.32 | 1.23 |
| Cash Ratio | 0.36 | 0.34 | 0.50 | 0.37 | 0.42 |
| Solvency Ratio | 0.36 | 0.34 | 0.19 | 0.27 | 0.38 |
| Operating Cash Flow Ratio | 0.73 | 0.65 | 0.63 | 0.34 | 0.43 |
| Short-Term Operating Cash Flow Coverage | 5.17 | 3.85 | 3.60 | 5.22 | 7.18 |
| Net Current Asset Value | $ -202.55B | $ -225.64B | $ -178.67B | $ -218.89B | $ -238.58B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.20 | 0.20 | 0.23 | 0.23 | 0.20 |
| Debt-to-Equity Ratio | 0.35 | 0.37 | 0.46 | 0.50 | 0.40 |
| Debt-to-Capital Ratio | 0.26 | 0.27 | 0.31 | 0.33 | 0.29 |
| Long-Term Debt-to-Capital Ratio | 0.22 | 0.22 | 0.27 | 0.30 | 0.26 |
| Financial Leverage Ratio | 1.77 | 1.84 | 1.96 | 2.19 | 2.00 |
| Debt Service Coverage Ratio | 3.60 | 3.33 | 1.91 | 2.97 | 9.08 |
| Interest Coverage Ratio | 16.39 | 16.72 | 13.47 | 11.10 | 34.30 |
| Debt to Market Cap | 0.08 | 0.09 | 0.14 | 0.13 | 0.09 |
| Interest Debt Per Share | 46.37 | 39.96 | 39.75 | 38.21 | 34.72 |
| Net Debt to EBITDA | 0.83 | 0.72 | 1.06 | 1.47 | 0.49 |
| Profitability Margins | |||||
| Gross Profit Margin | 56.25% | 52.90% | 48.13% | 43.05% | 43.91% |
| EBIT Margin | 32.67% | 38.46% | 26.76% | 19.99% | 45.70% |
| EBITDA Margin | 41.46% | 46.97% | 30.20% | 24.22% | 56.00% |
| Operating Profit Margin | 32.13% | 31.52% | 26.28% | 19.98% | 48.49% |
| Pretax Profit Margin | 36.88% | 36.57% | 26.49% | 37.91% | 44.29% |
| Net Profit Margin | 29.91% | 29.39% | 18.92% | 33.95% | 40.14% |
| Continuous Operations Profit Margin | 30.57% | 29.76% | 19.38% | 34.03% | 40.67% |
| Net Income Per EBT | 81.10% | 80.37% | 71.42% | 89.54% | 90.63% |
| EBT Per EBIT | 114.77% | 116.04% | 100.78% | 189.69% | 91.33% |
| Return on Assets (ROA) | 11.02% | 10.86% | 7.30% | 12.06% | 13.96% |
| Return on Equity (ROE) | 19.47% | 19.94% | 14.29% | 26.47% | 27.93% |
| Return on Capital Employed (ROCE) | 14.85% | 14.98% | 13.05% | 9.79% | 22.51% |
| Return on Invested Capital (ROIC) | 11.88% | 11.63% | 9.09% | 8.58% | 20.26% |
| Return on Tangible Assets | 12.26% | 12.30% | 8.30% | 13.60% | 15.82% |
| Earnings Yield | 4.60% | 5.35% | 4.46% | 7.05% | 6.88% |
| Efficiency Ratios | |||||
| Receivables Turnover | 15.05 | 6.49 | 6.33 | 6.44 | 6.64 |
| Payables Turnover | 2.71 | 2.62 | 3.14 | 3.47 | 2.88 |
| Inventory Turnover | 620.29 | 707.19 | 694.83 | 137.30 | 296.09 |
| Fixed Asset Turnover | 4.25 | 6.00 | 7.00 | 6.56 | 6.35 |
| Asset Turnover | 0.37 | 0.37 | 0.39 | 0.36 | 0.35 |
| Working Capital Turnover Ratio | 5.14 | 4.61 | 3.83 | 4.74 | 7.38 |
| Cash Conversion Cycle | -109.64 | -82.48 | -58.13 | -45.95 | -70.75 |
| Days of Sales Outstanding | 24.25 | 56.25 | 57.63 | 56.65 | 54.97 |
| Days of Inventory Outstanding | 0.59 | 0.52 | 0.53 | 2.66 | 1.23 |
| Days of Payables Outstanding | 134.48 | 139.25 | 116.29 | 105.26 | 126.95 |
| Operating Cycle | 24.84 | 56.77 | 58.16 | 59.31 | 56.20 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 33.36 | 27.89 | 23.10 | 15.33 | 18.39 |
| Free Cash Flow Per Share | 20.93 | 19.61 | 18.16 | 10.00 | 11.86 |
| Dividend Paid and CapEx Coverage Ratio | 2.01 | 2.45 | 3.25 | 2.29 | 2.35 |
| Capital Expenditure Coverage Ratio | 2.68 | 3.37 | 4.68 | 2.87 | 2.82 |
| Operating Cash Flow Coverage Ratio | 0.75 | 0.72 | 0.60 | 0.41 | 0.54 |
| Operating Cash Flow to Sales Ratio | 0.40 | 0.39 | 0.36 | 0.26 | 0.31 |
| Free Cash Flow Yield | 3.89% | 5.01% | 6.76% | 3.57% | 3.46% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 22.32 | 18.70 | 22.42 | 14.18 | 14.53 |
| Price-to-Sales (P/S) Ratio | 6.50 | 5.50 | 4.24 | 4.81 | 5.83 |
| Price-to-Book (P/B) Ratio | 4.23 | 3.73 | 3.20 | 3.75 | 4.06 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 25.70 | 19.97 | 14.80 | 28.02 | 28.91 |
| Price-to-Operating Cash Flow Ratio | 16.13 | 14.04 | 11.64 | 18.27 | 18.65 |
| Price-to-Earnings Growth (PEG) Ratio | 1.47 | 0.26 | -0.59 | -0.87 | 0.36 |
| Enterprise Value Multiple | 16.51 | 12.42 | 15.10 | 21.34 | 10.90 |
| Enterprise Value | 5.15T | 3.85T | 2.78T | 2.87T | 3.42T |
| EV to EBITDA | 16.51 | 12.42 | 15.10 | 21.34 | 10.90 |
| EV to Sales | 6.85 | 5.83 | 4.56 | 5.17 | 6.11 |
| EV to Free Cash Flow | 27.06 | 21.19 | 15.91 | 30.09 | 30.26 |
| EV to Operating Cash Flow | 16.98 | 14.90 | 12.51 | 19.62 | 19.52 |
| Tangible Book Value Per Share | 113.98 | 91.16 | 70.77 | 62.48 | 71.95 |
| Shareholders’ Equity Per Share | 127.09 | 104.98 | 83.89 | 74.64 | 84.47 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.17 | 0.19 | 0.27 | 0.10 | 0.08 |
| Revenue Per Share | 82.75 | 71.23 | 63.37 | 58.20 | 58.79 |
| Net Income Per Share | 24.75 | 20.94 | 11.99 | 19.76 | 23.60 |
| Tax Burden | 0.81 | 0.80 | 0.71 | 0.90 | 0.91 |
| Interest Burden | 1.13 | 0.95 | 0.99 | 1.90 | 0.97 |
| Research & Development to Revenue | 0.11 | 0.11 | 0.11 | 0.11 | 0.09 |
| SG&A to Revenue | 0.24 | 0.12 | 0.17 | 0.19 | 0.16 |
| Stock-Based Compensation to Revenue | 0.03 | 0.04 | 0.04 | 0.04 | 0.06 |
| Income Quality | 1.32 | 1.33 | 1.93 | 0.78 | 0.78 |
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