腾讯控股2025 年报

Incorporated in the Cayman Islands with limited liability 70080700 23472682120129130131134138140273 Ian Charles StoneCharles St Leger Searle 129 Jacobus Petrus (Koos) BekkerCharles St Leger Searle Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana BayGrand Cayman, KY1-1100Cayman Islands Ian Charles Stone Ian Charles StoneJacobus Petrus (Koos) Bekker Ian Charles StoneCharles St Leger Searle 183171712-17 16 Charles St Leger SearleIan Charles Stone Cricket SquareHutchins Drive, P.O. Box 2681Grand Cayman KY1-1111Cayman Islands www.tencent.com 70080700 33518054 Charles St Leger Searle 2,248.4216%24.74924.153 2,596.2617%28.57727.877 AIAIAIAI3.0WorkBuddyQClawAIAIAI 1100AIAIM+20%ARPUAIPaaSSaaS3DAIAI 5.3 430 ESGESGMSCIBBBAESG 5.304.50 AI 14%7,518 16%3,6931,64218%77433%32%SupercellPUBG MOBILE5%1,277 19%1,450AIAI 8%2,29420%AI 21%4,22653%56% 22%2,22357%60% 24%834AI55%58% 17%1,16647%51% 15%417AI 21%1,361AI40 6%169 151120 237252316335 5%475 16%2,24817%2,596 194,371172,446(86,082)(81,793)108,28990,653(12,983)(10,285)(36,283)(31,403)1,3152,51360,33851,4783,3031,1194,7843,910(3,573)(2,512)6,8329,25371,68463,248(12,595)(11,781)59,08951,46758,26051,32482914359,08951,46769,51859,47564,69455,312 13%1,944 14%89938215%21132%31%SupercellPUBG MOBILE3%306 41117%AI 8%60822%AI 19%1,08353%56% 21%53556%60% 22%246AI60%58% 17%30947%51% 26%130AI 16%363AI 22%48 3625 68939177 7%125 14%58317%647 194,371192,869(86,082)(84,071)108,289108,798(12,983)(11,468)(36,283)(34,259)1,31548360,33863,5543,3032,8204,7844,256(3,573)(3,756)6,8327,85471,68474,728(12,595)(9,785)59,08964,94358,26063,1338291,81059,08964,94369,51872,57064,69470,551 0.8%1,944 6%89938211%2111%3065% 13%411AI 5%608 1,08356% 9%53560%61% 20%246AI57%60% 6%30951%50% 13%130 6%363AI 687891103 8%5838%647 (a)EBITDAEBITDAEBITDA (b)EBITDAEBITDA (c) (d)IT EBITDAEBITDA (a)(b)(c)(d)(e)SSVCPP(f)(g) 9,572.198,176.87 AI 26,7275,6983,6313,3565% D232 297.3813% 1,0711,02419669 340665224AI8120 4.1 3637 4.1 EBITDA4.2 33 1.39 3 48 6 130 5.305.30 1,678.731,253.10 134137333446 17 4647725202520258211982119 33 48 3637 22.60 3 800153,415,000 18,400,00018,400,000A13,600,0004,800,00024.003.1382.688 262,443,505255,165,461958,794 1.50%50%2.33.33%33.33%3.25%25%4.25%25%5.25%25%6.100%7.25%25%8.25%25%9.50%50%10.33.33%33.33% 11.100%12.54013.58614.65615.556.0116.174.8517.192.1718.202.8819.20.1%21.352.2022.23. 1.2.3.287,638,3073%4.121%5.106.22727.288.(i)(ii)(iii)9.72 326,481,2673.59% 35 121% 6. ( i )1 3 . 0 9XIVA( i i )( i i i )6 03 0( 1 )( 2 )( i v ) 7. 84 8. 320,660,039276,931,573236,715,591194,435,343958,794 43,862,44259,28035 51,664,046 323,702,6013.55% 0.55% 191,209 1.540 2.519.5 3.476.77 4. 5. 1.2.3.483.524.535.885. 7.1%120.1% Jacobus Petrus (Koos) BekkerCharles St Leger Searle Ian Charles Stone 87Jacobus Petrus (Koos) BekkerIan Charles Stone 54Advance Data Services LimitedXV23 JacobusPetrus(Koos)Bekker 73KoosM-Net/MultiChoiceMTNKoosMIHNaspersProsus N.V. Charles St Leger Searle62SearleNaspers Internet ListedAssetsNaspersNaspersSearleSearleSearle 68TCLTCLTCL IanCharles Stone 75StoneCSLStoneStone 70 70100 6240 52 54 50EMBA 56QQQQFoxmail JamesGordon Mitchell 52MitchellMitchellMitchellMitchell 52IMAQQQQQQ 51 52EMBA 53 57EMBA 53 50IT 64700 XV(a)XV78(b)352(c) (A) 1.Advance Data Services Limited709,859,70095,000,0002.54,03728,3133.257,32956,6224.36050,3305.36,40628,3136.6,65027,6317.9,120,235,999*+ A 13 13 4,300270 1.1,758.465.48263.9521.32154.5319.4038.4837.8629.800.7012.4764.764.490.921.500.3161.48 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.623.81533.7823.5111.362.948.3156.852.140.660.19 14(a)14(b)1527354514A.76(1)14A.95A XV23336 1.MIH Internet Holdings B.V.Naspers LimitedProsus N.V.MIH Internet Holdings B.V.Prosus N.V.XVNaspers LimitedProsus N.V.MIH Internet HoldingsB.V.2,079,512,000 2.AdvanceData Services Limited709,859,70095,000,000AdvanceData Services Limited 3.9,120,235,999 336 6.5%3.4%18.8%4.4% 5% 2025 115,849110,558 1,3071,128 (A) (B) 183171712-1716 B.2.2C.2.1 2025 ESGESGESGESG 93101 1 Jacobus Petrus (Koos) BekkerCharles St Leger Searle √√ √Ian Charles Stone√√√√ 1 C.2.1 6164 B.2.2 B.2.2B.2.2 IanCharles StoneB.2.2IanCharles Stone15IanCharlesStone IanCharlesStoneCharlesSt Leger SearleCharlesSt LegerSearle 91 ESG Charles St Leger SearleIan Charles Stone 91 ESG ESGESG Charles St Leger Searle Ian Charles StoneCharles St Leger Searle 91 (i)(ii)(iii) (a) (b) (c) (d) (e) (f) (g) 25%30% 58,81228,60067.3%32.7%8.6%26.8%2025 GEM GEM IanCharles StoneJacobus Petrus (Koos) Bekker 91 (i)(ii)(iii) 14 ESG ESG 1. AI AICB 2. AIAIAIAIAI AIAIAIAI 3. 4. 5. 6. AI 7. 8. 9.ToB ToBToBAIToB ToBAIToBToB 10. ESGESG ESGESGESGESGESGESG2025 +AI AIESG AI01 11. AIAI 2025GB/T35770-2022ISO37001ISO37301 COSO COSO ESG 4503,400 118 CricketSquare, Hutchins Drive, P.O.