Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services.
A late market 5 years after the emergence of Tencent installment product "split", will put Tencent's tactics on the desktop discussion, Tencent's financial evolution process in the past 15 years.
In the To B enterprise service circuit, capital is still an important means for Tencent to build a partnership ecosystem. Under the strategic thinking of tencent C2B, the layout of Tencent's industrial ecological investment will be carried out in three directions: industry solution ecology, technology platform ecology and underlying infrastructure.
It is estimated that the company's net profit attributable to parent in FY20-22 is 112.9 billion / 136.5 billion / 164 billion yuan, and the diluted EPS is 11.66/13.99/16.68 yuan. The current share price corresponds to P/E of 27/22/19X. The adjusted diluted EPS is 12.03/15.08/18.45 yuan, and the corresponding P/E of the current share price is 26/21/17X.
In the Spring Festival of 2020, due to the impact of an outbreak of epidemic, the user activity and usage time of most head games have been greatly improved. During the Spring Festival, Honor of King launched a number of activities to drive the user's ARPU value to increase month-on-month, making the monthly product flow record high.