TENCENT(HK:00700) Bei Jing Shang Bao·2025-11-13 10:01Core Insights - Tencent's Q3 2025 financial report shows a revenue of 192.87 billion yuan, representing a year-on-year growth of 15% [1] - The operating profit, based on non-IFRS standards, reached 72.57 billion yuan, marking an 18% increase year-on-year [1] Revenue Breakdown - Value-added services revenue grew by 16% year-on-year to 95.86 billion yuan, with the gaming segment experiencing a growth rate of 22.8% [1] - Marketing services revenue increased by 21% year-on-year to 36.24 billion yuan [1] - Financial technology and enterprise services revenue rose by 10% year-on-year to 58.17 billion yuan [1] AI and International Growth - Tencent's AI application ecosystem has fully integrated its products, including WeChat, QQ, and Tencent Meeting, covering key scenarios in social, office, and consumer sectors [1] - The international business showed strong growth, with international gaming revenue increasing by 43% to 20.8 billion yuan [1] R&D and Capital Expenditure - Tencent's R&D expenditure for the quarter was 22.82 billion yuan, while capital expenditure amounted to 12.98 billion yuan [1]