Key insights
7 takeaways · ~3 min read- 01Tencent's revenues for Q4 2023 remained broadly stable quarter-on-quarter at RMB155.2 billion.See it on page 80
- 02International Games revenues increased by 5% quarter-on-quarter to RMB13.9 billion, driven by PUBG Mobile and Clash of Clans.See it on page 14
- 03Domestic Games revenues decreased by 18% quarter-on-quarter to RMB27.0 billion due to seasonally lower revenue accruals in Q4.See it on page 275
- 04Online Advertising revenues increased by 16% to RMB29.8 billion, attributed to advertising platform upgrades benefiting Video Accounts, the mobile ad network, and Weixin Moments.See it on page 14
- 05Social Networks revenues decreased by 5% to RMB28.2 billion due to lower revenue accruals from app-based game virtual item sales.See it on page 14
- 06The Board comprises eight directors, including one executive director, two non-executive directors, and five independent non-executive directors, with Mr. Lau Chi Ping Martin ceasing to be an executive director after the 2023 AGM.See it on page 92
- 07Tencent operates various share-based compensation plans, including share option and share award schemes, with the fair value of services recognized as an expense over the vesting period.See it on page 163
Summary
7 MANAGEMENT DISCUSSION AND ANALYSIS 85 CORPORATE GOVERNANCE REPORT 85 CORPORATE GOVERNANCE REPORT 119 INDEPENDENT AUDITOR'S REPORT 119 INDEPENDENT AUDITOR’S REPORT 128 CONSOLIDATED INCOME STATEMENT 128 CONSOLIDATED INCOME STATEMENT 129 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 130 CONSOLIDATED STATEMENT OF FINANCIAL POSITION 133 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 137 CONSOLIDATED STATEMENT OF CASH FLOWS 139 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 1...
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