Tencent released the financial unaudited results for second quarter and first half of 2013

By | August 14, 2013

Tencent released 2013 financial unaudited results

Today Tencent released the  financial unaudited results for second quarter and first half of 2013.

2013 first-half financial results summary:

– Total revenue 27,932,100,000 yuan ($ 4,520,700,000), an increase of 38.4% over last year.

– Value-added services revenue 21,418,200,000 yuan ($ 3,466,500,000), representing an increase of 25.9%.

– Online advertising revenues of 2.1468 billion yuan ($ 347.5 million), an increase of 51.2% over last year.

– E-commerce transaction revenues were 4.1128 billion yuan ($ 665.6 million), representing an increase of 155.4%.

– Gross profit was 15.388 billion yuan ($ 2,490,500,000), representing an increase of 27.9%; gross profit margin reduced from 59.6% in the first half of last year to 55.1 percent this year.

– Operating profit was 9.6276 billion yuan ($ 1,558,200,000), representing an increase of 26.2%; operating margin fell from 37.8% in the first half of last year to 34.5%.

– Non-GAAP operating profit of 10.1114 billion yuan ($ 1,636,500,000), representing an increase of 22.0%; non-GAAP operating margin fell from 41.1% in the first half of last year to 36.2%.

– Profit for the period was 7.7554 billion yuan ($ 1,255,200,000), representing an increase of 27.7%; net profit margin fell from 30.1% in the first half of last year to 27.8%.

– Non-GAAP profit for the period was 8.2788 billion yuan ($ 1,339,900,000), representing an increase of 23.2 percent; non-GAAP net margin fell from 33.3% in the first half of last year to 29.6%.

– Equity holders of the Company Profit attributable to 7.7242 billion yuan ($ 1,250,100,000), representing an increase of 27.7%.

– Non-GAAP to equity holders of the Company Profit attributable to two of 8.1897 billion yuan ($ 1,325,500,000), an increase of 22.8% over last year.

– Basic earnings per share was 4.213 yuan, diluted earnings per share 4.141 yuan.

2013 Second Quarter Financial Highlights of Tencent:

– Total revenue 14,384,500,000 yuan ($ 2,328,100,000), an increase of 6.2% compared to the previous quarter, an increase of 36.6% over last year.

– Value-added services revenue amounted 10,752,100,000 yuan ($ 1,740,200,000),growth of 0.8% compared with previous quarter, an increase of 23.4% over last year.

– Online advertising revenues of 1.2973 billion yuan ($ 210 million), an increase of 52.7% compared to the previous quarter, an increase of 47.5% over last year.

– E-commerce transaction revenues were 2.1994 billion yuan ($ 356 million), growth of 15.0% compared with the previous quarter, an increase of 156.5 percent over the same period last year.

– Gross profit was 7.7942 billion yuan ($ 1,261,500,000), growth of 2.6% compared with the previous quarter, an increase of 25.4% over the same period last year; gross margin fell from 56.1% in the previous quarter to 54.2%.

– Operating profit reached 4.5651 billion yuan ($ 738.8 million), down 9.8% compared with the previous quarter, an increase of 15.9% over the same period last year; operating margin fell from 37.4% in the previous quarter to 31.7%.

– Non-GAAP operating profit of 5.0505 billion yuan ($ 817.4 million), down 0.2% compared with the previous quarter, an increase of 19.6% over the same period last year; non-GAAP operating margin fell from 37.4% in the previous quarter to 35.1 %.

– Profit for the period was 3.6843 billion yuan ($ 596.3 million), down 9.5% compared with the last quarter, up 18.4 percent over the same period last year; net profit margin fell from the previous quarter’s 30.1% to 25.6%.

– Non-GAAP profit for the period was 4.1895 billion yuan ($ 678.1 million), an increase of 2.4% over the previous quarter, an increase of 22.8% over last year; non-GAAP net margin fell from 30.2% in the previous quarter fell to 29.1 %.

– Profit attributable to equity holders was 3.6804 billion yuan ($ 595.7 million), down 9.0% over the last quarter, an increase of 18.7% over the same period last year.

– Non-GAAP profit attributable to equity holders of the company amounted 4.152 billion yuan ($ 672 million), an increase of 2.8% over the previous quarter, an increase of 22.6% over last year.

– Basic earnings per share was 2.009 yuan, diluted earnings was per share 1.976 yuan.

 

Major business platforms performance data of Tencent:

– Instant messaging service monthly active accounts reached 818.5 million, down 0.8% QoQ, an increase of 4.5% over the same period last year.

– Simultaneous online instant messaging service accounts reached 173.2 million, up 0.1% QoQ, 4.0% more than the same period last year.

– “Micro-letters / WeChat” combined monthly active accounts reached 235.8 million, up 21.3 percent over the previous quarter, a growth of 176.8 percent over the same period last year.

– “QQ space” monthly active accounts reached 626.4 million, an increase of 2.5% over the previous quarter, an increase of 4.8% over the same period last year.

– “QQ game” platform Peak simultaneous online user accounts reached 8.4 million, down 8.7% QoQ, a drcrease of 4.5% over the same period last year.

– Value-added services registered accounts reached 98.7 million, fell 5.6% over the previous quarter, a decline of 9.7% year on year.

Category: IT

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