腾讯控股：游戏企稳回升，利润释放加速

腾讯控股（00700.HK） 证券研究报告 业绩简评 | --- | --- | --- | --- | --- | --- | |------------------------------|---------|---------|---------|---------|---------| | | | | | | | | 主要财务指标 | | | | | | | 项目 | 2022A | 2023A | 2024E | 2025E | 2026E | | 营业收入(百万元) | 554,552 | 609,015 | 667,475 | 737,488 | 806,212 | | 营业收入增长率 | -0.99% | 9.82% | 9.60% | 10.49% | 9.32% | | Non-IFRS 归母净利润 | | | | | | | (百万元) | 115,649 | 157,688 | 220,501 | 252,126 | 277,304 | | Non-IFRS 归母净利润 增长率 | 258.56% | 36.35% | 39.83% | 14.34% | 9.99% | | Non-I ...