Tencent, the stock king. $TENCENT (00700.HK)$This year's Q1 performance has been released. As the largest holding of Hong Kong stocks, I naturally cannot ignore the tracking of Tencent. The current online interpretations are mostly bullish, but I will focus on detailed analysis!
1. Company Profile
Tencent was established in November 1998. It is currently one of the largest comprehensive internet service providers in China, and one of the companies with the largest number of users in China. For more than ten years, Tencent has always adhered to the operating philosophy of 'everything based on user value' and has been in a steady development state. On June 16, 2004, Tencent was listed on the main board of the Hong Kong Stock Exchange (stock code 700).
According to business divisions, the income is divided from largest to smallest as follows:Value-added services, Kimco and cloud computing services, online advertising, and other
Tencent's return on investment for shareholders is quite substantial. If you invest through dividends reinvestment,Since its IPO, Tencent has achieved an annualized return of 38%, and an annualized return of 19.8% in the past ten years.A solid bull stock, deserving of the title "stock king"
II. Overall performance: Income has returned to double-digit growth, and business has fully recovered
After the Hong Kong stock market closed on May 17, and before the US stock market opened, Tencent Holdings released the financial report for the first quarter of 2023. The report showed that in terms of revenue, revenue was 150 billion, an 11% year-on-year increase, and a 3.45% increase month-on-month, marking a significant step into 2022...