Tencent reported 2010 consolidated revenue of RMB 19.65 billion, a 58% increase over 2009, with net profit rising 56% to RMB 8.05 billion.

According to "Annual Report 2010: Tencent Holdings Limited": Tencent reported 2010 consolidated revenue of RMB 19.65 billion, a 58% increase over 2009, with net profit rising 56% to RMB 8.05 billion.

Online gaming served as the primary growth engine, generating RMB 15.48 billion in revenue, representing a 62% year-on-year increase.

According to "Annual Report 2010: Tencent Holdings Limited": Online gaming served as the primary growth engine, generating RMB 15.48 billion in revenue, representing a 62% year-on-year increase.

User engagement scaled significantly, with instant-messaging accounts reaching 647.6 million and Qzone users totaling 492 million.

According to "Annual Report 2010: Tencent Holdings Limited": User engagement scaled significantly, with instant-messaging accounts reaching 647.6 million and Qzone users totaling 492 million.

The company maintained strong liquidity with RMB 22.1 billion in total financial resources, including RMB 10.4 billion in cash and equivalents.

According to "Annual Report 2010: Tencent Holdings Limited": The company maintained strong liquidity with RMB 22.1 billion in total financial resources, including RMB 10.4 billion in cash and equivalents.

Capital expenditures doubled to RMB 2.01 billion in 2010, reflecting strategic investments in infrastructure and new platform development.

According to "Annual Report 2010: Tencent Holdings Limited": Capital expenditures doubled to RMB 2.01 billion in 2010, reflecting strategic investments in infrastructure and new platform development.

Operating margins reached 50% of earnings, supported by a diversified revenue mix including mobile services, telecom offerings, and advertising.

According to "Annual Report 2010: Tencent Holdings Limited": Operating margins reached 50% of earnings, supported by a diversified revenue mix including mobile services, telecom offerings, and advertising.

Financial risk management focused on market sensitivities, where a 5% currency fluctuation was estimated to impact profit by RMB 83 million.

According to "Annual Report 2010: Tencent Holdings Limited": Financial risk management focused on market sensitivities, where a 5% currency fluctuation was estimated to impact profit by RMB 83 million.

Back to report

Key Insights

Annual Report 2010: Tencent Holdings Limited

Tencent~304 min full read

01
Tencent reported 2010 consolidated revenue of RMB 19.65 billion, a 58% increase over 2009, with net profit rising 56% to RMB 8.05 billion.
See it on page 20
02
Online gaming served as the primary growth engine, generating RMB 15.48 billion in revenue, representing a 62% year-on-year increase.
See it on page 10
03
User engagement scaled significantly, with instant-messaging accounts reaching 647.6 million and Qzone users totaling 492 million.
See it on page 14
04
The company maintained strong liquidity with RMB 22.1 billion in total financial resources, including RMB 10.4 billion in cash and equivalents.
See it on page 24
05
Capital expenditures doubled to RMB 2.01 billion in 2010, reflecting strategic investments in infrastructure and new platform development.
See it on page 189
06
Operating margins reached 50% of earnings, supported by a diversified revenue mix including mobile services, telecom offerings, and advertising.
See it on page 119
07
Financial risk management focused on market sensitivities, where a 5% currency fluctuation was estimated to impact profit by RMB 83 million.
See it on page 105

That's the gist.

Dive into the full report for the data, charts, and sources behind these takeaways.

Read the full report