TENCENT(HK:00700) Di Yi Cai Jing·2025-11-13 09:36Core Insights - Tencent Holdings reported third-quarter revenue of RMB 192.87 billion, a year-on-year increase of 15% [1][2] - Non-IFRS operating profit reached RMB 72.57 billion, up 18% year-on-year [1][2] Financial Performance - Total revenue for the third quarter was RMB 192.87 billion, compared to RMB 167.19 billion in the same period last year, reflecting a 15% growth [2] - Gross profit increased to RMB 108.80 billion, a 22% rise from RMB 88.83 billion year-on-year [2] - Operating profit was RMB 63.55 billion, up 19% from RMB 53.33 billion year-on-year [2] - Net profit attributable to equity holders was RMB 63.13 billion, a 19% increase from RMB 53.23 billion year-on-year [2] - Basic earnings per share rose to RMB 6.95, a 21% increase from RMB 5.76 year-on-year [2] Business Segments - Online gaming revenue totaled RMB 63.6 billion, with international market game revenue growing 43% year-on-year, surpassing RMB 20.8 billion [2] - ToB (Technology and Business) segment, including fintech and enterprise services, showed strong performance with a 10% increase to RMB 58.2 billion [3] - Research and development expenditure reached a record high of RMB 22.8 billion, up 28% year-on-year [4] User Metrics - As of September 30, 2025, the combined monthly active accounts for WeChat and Weixin reached 1.414 billion, a 2% increase year-on-year [4] - Monthly active accounts for QQ on mobile terminals were 517 million, reflecting an 8% year-on-year decline [4] - The number of paid value-added service subscribers remained stable at 265 million [4]