Tencent Holdings Limited

0700
Failed

Company Overview

Tencent enriches the lives of internet users with technology. The company's social networking and communication platforms WeChat and QQ connect users to diverse digital content, including games, videos, music, and literature. Tencent's self-developed target user targeting technology helps advertisers reach hundreds of millions of Chinese consumers. In terms of infrastructure services, Tencent provides unique products in the fields of mobile payments, network security, cloud services, and artificial intelligence to promote business growth for partners. Tencent invests heavily in talents and promotes scientific and technological innovation in order to develop together with the Internet industry. Tencent was founded in 1998 in Shenzhen, China. Tencent Holdings (00700.HK) is listed on the main board of the Hong Kong Stock Exchange.

Country
HK
Market Cap
$347.05B
Last Fiscal Year
2023
Final Shariah Status
Failed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
25.85% failed
5% Threshold
25.8%
Liabilities Compliance
14.07% passed
33% Threshold
14.1%
Final Shariah Status
Failed

This stock does not meet all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Tencent Holdings Limited
Ticker 0700
Main Business Internet Content & Information
Type Common Stock
Industry Internet Content & Information
Country HK
Market Cap $347.05 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Value-added Services $287,565.0 $115,026.0 gaming
Online Advertising $82,729.0 $0.0 -
FinTech and Business Services $177,064.0 $53,119.2 Financial services
Others $7,194.0 $0.0 -
Interest income $8,592.0 $8,592.0 -
Other gains $124,293.0 $948.0 Dividend income
Total $687,437.0 $177,685.2 25.85% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
bank loans and overdrafts $5,817,927,170.9 1.68%
notes payable $1,983,193,277.3 0.57%
long term bank loan $21,823,529,411.8 6.29%
convertible notes and bonds $19,201,680,672.3 5.53%
Total Interest-Bearing Debt $48,826,330,532.2 14.07%
Market Capitalization $347,050,256,410.3 100.00%
Compliance Status Threshold: 33% passed