[ { "id": 4, "label": "收入 · 2024", "reported_value": 660257.0, "unit": "", "raw_text": "| 收入 | 560,118.00 | 554,552.00 | 609,015.00 | 660,257.00 | 751,766.00 |", "line_number": 24, "fetched_value": 660257, "fetched_source": "https://annualreports.ai/wp-content/uploads/annual-report-tencent-holdings-2025.pdf", "fetched_value2": 660257, "fetched_source2": "https://stockanalysis.com/quote/hkg/0700/financials/", "verification_type": "historical_fact_or_derived", "coverage": "two_independent_publishers", "retrieved_at": "2026-10-02 Asia/Shanghai" }, { "id": 5, "label": "收入 · 2025", "reported_value": 751766.0, "unit": "", "raw_text": "| 收入 | 560,118.00 | 554,552.00 | 609,015.00 | 660,257.00 | 751,766.00 |", "line_number": 24, "fetched_value": 751766, "fetched_source": "https://annualreports.ai/wp-content/uploads/annual-report-tencent-holdings-2025.pdf", "fetched_value2": 751766, "fetched_source2": "https://stockanalysis.com/quote/hkg/0700/financials/", "verification_type": "historical_fact_or_derived", "coverage": "two_independent_publishers", "retrieved_at": "2026-10-02 Asia/Shanghai" }, { "id": 15, "label": "经营现金流 · 2025", "reported_value": 303052.0, "unit": "", "raw_text": "| 经营现金流 | 175,186.00 | 146,091.00 | 221,962.00 | 258,521.00 | 303,052.00 |", "line_number": 26, "fetched_value": 303052, "fetched_source": "https://annualreports.ai/wp-content/uploads/annual-report-tencent-holdings-2025.pdf", "fetched_value2": 303052, "fetched_source2": "https://stockanalysis.com/quote/hkg/0700/financials/cash-flow-statement/", "verification_type": "historical_fact_or_derived", "coverage": "two_independent_publishers", "retrieved_at": "2026-10-02 Asia/Shanghai" }, { "id": 14, "label": "经营现金流 · 2024", "reported_value": 258521.0, "unit": "", "raw_text": "| 经营现金流 | 175,186.00 | 146,091.00 | 221,962.00 | 258,521.00 | 303,052.00 |", "line_number": 26, "fetched_value": 258521, "fetched_source": "https://annualreports.ai/wp-content/uploads/annual-report-tencent-holdings-2025.pdf", "fetched_value2": 258521, "fetched_source2": "https://stockanalysis.com/quote/hkg/0700/financials/cash-flow-statement/", "verification_type": "historical_fact_or_derived", "coverage": "two_independent_publishers", "retrieved_at": "2026-10-02 Asia/Shanghai" }, { "id": 12, "label": "经营现金流 · 2022", "reported_value": 146091.0, "unit": "", "raw_text": "| 经营现金流 | 175,186.00 | 146,091.00 | 221,962.00 | 258,521.00 | 303,052.00 |", "line_number": 26, "fetched_value": 146091, "fetched_source": "https://annualreports.ai/wp-content/uploads/annual-report-tencent-holdings-2023.pdf", "fetched_value2": 146091, "fetched_source2": "https://stockanalysis.com/quote/hkg/0700/financials/cash-flow-statement/", "verification_type": "historical_fact_or_derived", "coverage": "two_independent_publishers", "retrieved_at": "2026-10-02 Asia/Shanghai" }, { "id": 18, "label": "购置设备等现金支出 · 2023", "reported_value": 21008.0, "unit": "", "raw_text": "| 购置设备等现金支出 | 29,302.00 | 22,679.00 | 21,008.00 | 62,927.00 | 87,482.00 |", "line_number": 27, "fetched_value": 21008, "fetched_source": "https://annualreports.ai/wp-content/uploads/annual-report-tencent-holdings-2023.pdf", "fetched_value2": 21008, "fetched_source2": "https://stockanalysis.com/quote/hkg/0700/financials/cash-flow-statement/", "verification_type": "historical_fact_or_derived", "coverage": "two_independent_publishers", "retrieved_at": "2026-10-02 Asia/Shanghai" }, { "id": 29, "label": "毛利率 · 2024", "reported_value": 52.9, "unit": "%", "raw_text": "| 毛利率 | 43.91% | 43.05% | 48.13% | 52.90% | 56.21% |", "line_number": 29, "fetched_value": 52.89546343317829, "fetched_source": "https://annualreports.ai/wp-content/uploads/annual-report-tencent-holdings-2025.pdf", "fetched_value2": 52.903339154299005, "fetched_source2": "https://stockanalysis.com/quote/hkg/0700/financials/", "verification_type": "historical_fact_or_derived", "coverage": "two_independent_publishers", "retrieved_at": "2026-10-02 Asia/Shanghai", "note": "比率/差值按对应来源原始项计算；不是该网页逐字引用" }, { "id": 28, "label": "毛利率 · 2023", "reported_value": 48.13, "unit": "%", "raw_text": "| 毛利率 | 43.91% | 43.05% | 48.13% | 52.90% | 56.21% |", "line_number": 29, "fetched_value": 48.128371222383684, "fetched_source": "https://annualreports.ai/wp-content/uploads/annual-report-tencent-holdings-2025.pdf", "fetched_value2": 48.12886382108815, "fetched_source2": "https://stockanalysis.com/quote/hkg/0700/financials/", "verification_type": "historical_fact_or_derived", "coverage": "two_independent_publishers", "retrieved_at": "2026-10-02 Asia/Shanghai", "note": "比率/差值按对应来源原始项计算；不是该网页逐字引用" }, { "id": 30, "label": "毛利率 · 2025", "reported_value": 56.21, "unit": "%", "raw_text": "| 毛利率 | 43.91% | 43.05% | 48.13% | 52.90% | 56.21% |", "line_number": 29, "fetched_value": 56.21336958574876, "fetched_source": "https://annualreports.ai/wp-content/uploads/annual-report-tencent-holdings-2025.pdf", "fetched_value2": 56.25021615768737, "fetched_source2": "https://stockanalysis.com/quote/hkg/0700/financials/", "verification_type": "historical_fact_or_derived", "coverage": "two_independent_publishers", "retrieved_at": "2026-10-02 Asia/Shanghai", "note": "比率/差值按对应来源原始项计算；不是该网页逐字引用" }, { "id": 32, "label": "经营利润率 · 2022", "reported_value": 19.98, "unit": "%", "raw_text": "| 经营利润率 | 22.26% | 19.98% | 26.28% | 31.52% | 32.13% |", "line_number": 30, "fetched_value": 19.984960833249183, "fetched_source": "https://annualreports.ai/wp-content/uploads/annual-report-tencent-holdings-2025.pdf", "fetched_value2": 19.99451809749131, "fetched_source2": "https://stockanalysis.com/quote/hkg/0700/financials/", "verification_type": "historical_fact_or_derived", "coverage": "two_independent_publishers", "retrieved_at": "2026-10-02 Asia/Shanghai", "note": "比率/差值按对应来源原始项计算；不是该网页逐字引用" }, { "id": 36, "label": "简单自由现金流 · 2021", "reported_value": 145884.0, "unit": "", "raw_text": "| 简单自由现金流 | 145,884.00 | 123,412.00 | 200,954.00 | 195,594.00 | 215,570.00 |", "line_number": 31, "fetched_value": 145884, "fetched_source": "https://stockanalysis.com/quote/hkg/0700/financials/cash-flow-statement/", "fetched_value2": null, "fetched_source2": "", "verification_type": "historical_fact_or_derived", "coverage": "single_source_or_formula_only", "retrieved_at": "2026-10-02 Asia/Shanghai", "note": "比率/差值按对应来源原始项计算；不是该网页逐字引用" }, { "id": 55, "label": "增值服务 · 2025Q3", "reported_value": 95860.0, "unit": "", "raw_text": "| 增值服务 | 95,860 | 89,920 | 96,110 | 98,414 |", "line_number": 43, "fetched_value": 95860, "fetched_source": "https://en.prnasia.com/releases/apac/tencent-announces-2025-third-quarter-results-511815.shtml", "fetched_value2": null, "fetched_source2": "", "verification_type": "historical_fact_or_derived", "coverage": "single_source_or_formula_only", "retrieved_at": "2026-10-02 Asia/Shanghai" }, { "id": 70, "label": "其他 · 2026Q2", "reported_value": 2520.0, "unit": "", "raw_text": "| 其他 | 2,593 | 2,517 | 2,292 | 2,520 |", "line_number": 46, "fetched_value": 2520, "fetched_source": "https://www.tencent.com/wp-content/uploads/2026/08/E700_IR.pdf", "fetched_value2": null, "fetched_source2": "", "verification_type": "historical_fact_or_derived", "coverage": "single_source_or_formula_only", "retrieved_at": "2026-10-02 Asia/Shanghai" }, { "id": 76, "label": "Non-IFRS归母净利润 · 2025Q4", "reported_value": 64694.0, "unit": "", "raw_text": "| Non-IFRS归母净利润 | 70,551 | 64,694 | 67,905 | 68,415 |", "line_number": 48, "fetched_value": 64694, "fetched_source": "https://en.prnasia.com/releases/apac/tencent-announces-2025-annual-and-fourth-quarter-results-525781.shtml", "fetched_value2": null, "fetched_source2": "", "verification_type": "historical_fact_or_derived", "coverage": "single_source_or_formula_only", "retrieved_at": "2026-10-02 Asia/Shanghai" }, { "id": 82, "label": "毛利率（公告取整） · 2026Q2", "reported_value": 58.0, "unit": "%", "raw_text": "| 毛利率（公告取整） | 56% | 56% | 57% | 58% |", "line_number": 49, "fetched_value": 58, "fetched_source": "https://www.tencent.com/wp-content/uploads/2026/08/E700_IR.pdf", "fetched_value2": null, "fetched_source2": "", "verification_type": "historical_fact_or_derived", "coverage": "single_source_or_formula_only", "retrieved_at": "2026-10-02 Asia/Shanghai", "note": "比率/差值按对应来源原始项计算；不是该网页逐字引用" }, { "id": 87, "label": "中性 · 初始现金流（十亿元）", "reported_value": 170.0, "unit": "", "raw_text": "| 中性 | 170 | 8% / 5% | 10% / 2.5% | 500 | 468.97 |", "line_number": 165, "fetched_value": null, "fetched_source": "估值假设，不是外部事实", "fetched_value2": null, "fetched_source2": "", "verification_type": "assumption_excluded", "coverage": "excluded", "retrieved_at": "2026-10-02 Asia/Shanghai" }, { "id": 95, "label": "乐观 · 净资产调整（十亿元）", "reported_value": 650.0, "unit": "", "raw_text": "| 乐观 | 200 | 12% / 7% | 9% / 3.0% | 650 | 820.51 |", "line_number": 166, "fetched_value": null, "fetched_source": "估值假设，不是外部事实", "fetched_value2": null, "fetched_source2": "", "verification_type": "assumption_excluded", "coverage": "excluded", "retrieved_at": "2026-10-02 Asia/Shanghai" }, { "id": 115, "label": "价格 · 结论", "reported_value": 469.0, "unit": "", "raw_text": "| 价格 | 主值469港元，现价安全边际有限 | 中低 |", "line_number": 203, "fetched_value": 468.97113311910516, "fetched_source": "独立公式复算：10年两阶段DCF；此项是模型计算检查，非信源验证", "fetched_value2": null, "fetched_source2": "", "verification_type": "model_formula_check", "coverage": "single_source_or_formula_only", "retrieved_at": "2026-10-02 Asia/Shanghai" } ]