China's National Press and Publication Administration issued 621 game licenses in the third quarter of 2026, up 34% year on year and roughly twice the quarterly average over the past six years.
Several Tencent products remain early in their monetization cycles, offering meaningful long-term growth optionality.
Chinese regulators have become more assertive. There is always the possibility that the government may want more control over Tencent's internet businesses by curbing monetization, limiting the collection of user data, or restricting acquisitions.
|
Metric
|
TCEHY
|
BABA
|
BIDU
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.05 | 36.52 | 14.86 |
Price/Book Value | 2.89 | 1.67 | 0.73 |
Price/Sales | 4.41 | 1.73 | 1.62 |
Price/Cash Flow | 11.85 | 23.09 | 20.65 |
|
Metric
|
TCEHY
|
BABA
|
BIDU
|
|---|---|---|---|
Quick Ratio | 1.09 | 1.28 | 2.06 |
Current Ratio | 1.29 | 1.36 | 2.33 |
Interest Coverage | 22.19 | 3.31 | −3.36 |
|
Metric
|
TCEHY
|
BABA
|
BIDU
|
|---|---|---|---|
Return on Assets (Normalized) | 13.12% | 2.62% | 2.67% |
Return on Equity (Normalized) | 23.79% | 4.78% | 4.48% |
Return on Invested Capital (Normalized) | 16.13% | 0.25% | 1.78% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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GOOGL
| LOCK|l&?DRW^D | LOCK|?q@ | $4T | |||
| Alphabet Inc Class C
GOOG
| LOCK|k^Mxxdz | LOCK|kL# | $4T | |||
| Meta Platforms Inc Class A
META
| LOCK|t%g$f^ | LOCK|>V | $2T | |||
| Spotify Technology SA
SPOT
| LOCK|^zt!?R^ | LOCK|^#z@ | $101B | |||
| Nebius Group NV Shs Class-A-
NBIS
| LOCK|s>$zz@L | LOCK|jmd | $63B | |||
| Baidu Inc ADR
BIDU
| LOCK|&%r<^m% | LOCK|fc$ | $30B | |||
| Reddit Inc Class A Shares
RDDT
| LOCK|Df$>ssQ | LOCK|b&Y@ | $29B | |||
| Tencent Music Entertainment Group ADR
TME
| LOCK|QXT<rw | LOCK|$#V>? | $13B | |||
| Pinterest Inc Class A
PINS
| LOCK|yZ<^?h | LOCK|@Btv< | $11B |
United States