腾讯控股：24Q4季报点评：AI驱动广告高速增长，Q1春节档游戏强劲-20250326

腾讯控股 00700.HK 公司研究 | 季报点评 AI 驱动广告高速增长，Q1 春节档游戏强劲 | | 2022A | 2023A | 2024E | 2025E | 2026E | | --- | --- | --- | --- | --- | --- | | 营业收入(百万元) | 554,552 | 609,015 | 660,257 | 737,770 | 807,370 | | 同比增长 (%) | -1.21% | 9.82% | 8.41% | 11.74% | 9.43% | | 营业利润(百万元) | 100,017 | 152,784 | 200,097 | 229,061 | 257,041 | | 同比增长 (%) | -14.32% | 52.76% | 30.97% | 14.47% | 12.22% | | 归属母公司净利润(百万元) | 188,243 | 115,216 | 194,073 | 226,083 | 250,091 | | 同比增长 (%) | -16.27% | -38.79% | 68.44% | 16.49% | 10.62% | | 每股收益（元） | ...