TCTZF (Tencent Holdings) Marketable Securities: $35,653 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TCTZF Tencent Holdings Ltd TCTZF
80 GF Score
Price $60.06
GF Value $68.57
Valuation Modestly Undervalued
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What is Tencent Holdings Marketable Securities?

Tencent Holdings TCTZF -1.40% 80 Marketable Securities is $35,653 Mil as of Mar. 2026. GuruFocus rates TCTZF with a GF Score™ of 80/100 and a GF Value™ of $68.57 (Modestly Undervalued).

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Tencent Holdings's Marketable Securities for the quarter that ended in Mar. 2026 was $35,653 Mil.

Tencent Holdings's annual Marketable Securities declined from Dec. 2023 ($28,968 Mil) to Dec. 2024 ($28,931 Mil) but then increased from Dec. 2024 ($28,931 Mil) to Dec. 2025 ($40,566 Mil).

Tencent Holdings  (OTCPK:TCTZF) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Tencent Holdings Marketable Securities Related Terms

Tencent Holdings Marketable Securities Historical Data

* Premium members only.

The historical data trend for Tencent Holdings's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tencent Holdings Marketable Securities Chart

Tencent Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,818.90 19,223.00 28,967.68 28,931.28 40,565.65

Tencent Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23,820.92 27,628.96 36,873.59 40,565.65 35,652.99
TCTZF
80GF Score
Tencent Holdings Ltd TCTZF
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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Tencent Holdings Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of $35,653 Mil mean?
Tencent Holdings (TCTZF) has a Marketable Securities of $35,653 Mil as of Mar. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Tencent Holdings and its competitors.
Is Tencent Holdings' Marketable Securities too high?
Tencent Holdings' current Marketable Securities is $35,653 Mil. Overall, Tencent Holdings has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tencent Holdings' Marketable Securities compare to GOOGL and META?
Tencent Holdings' Marketable Securities of $35,653 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for an Interactive Media company?
A good Marketable Securities depends on the Interactive Media industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Tencent Holdings and its competitors. Tencent Holdings's current Marketable Securities is $35,653 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tencent Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tencent Holdings (TCTZF) is currently considered Modestly Undervalued. The stock's GF Value™ is $68.57, compared to a current price of $60.06 — trading 12.4% below its estimated fair value. The current Marketable Securities is $35,653 Mil. Tencent Holdings' overall GF Score™ is 80/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Tencent Holdings (TCTZF), the current Marketable Securities is $35,653 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tencent Holdings (TCTZF) Overvalued in 2026?

Based on GuruFocus' analysis, Tencent Holdings stock appears to be undervalued. The current stock price of $60.06 is trading 12.4% below its estimated GF Value™ of $68.57. GuruFocus considers Tencent Holdings to be Modestly Undervalued.

Key valuation signals for TCTZF:

  • Marketable Securities: $35,653 Mil
  • GF Value™: $68.57 vs. price of $60.06 (12.4% below fair value)
  • GF Score™: 80/100

No single metric tells the full story. See the TCTZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tencent Holdings Business Description

Address No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, CHN, 518054
Tencent is the world's largest game publisher, with top-grossing mobile hits like Honor of Kings and Peacekeeper Elite and a steady pipeline of new titles. It also operates WeChat-China's super-app with roughly 1.3 billion users-embedded in daily life for messaging, short video, mini programs, payments, and shopping. Beyond its own platforms, Tencent is a prolific strategic investor, holding stakes in leading internet companies such as PDD, Kuaishou, and Xiaohongshu.
80GF Score

Get the complete analysis for TCTZF

Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$60.06
Price
$68.57
GF Value