TCTZF (Tencent Holdings) Tax Rate %: 19.71% (As of Mar. 2026)

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TCTZF Tencent Holdings Ltd TCTZF
80 GF Score
Price $58.81
GF Value $68.66
Valuation Modestly Undervalued
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What is Tencent Holdings Tax Rate %?

Tencent Holdings TCTZF 80 Tax Rate % is 19.71% as of Mar. 2026. GuruFocus rates TCTZF with a GF Score™ of 80/100 and a GF Value™ of $68.66 (Modestly Undervalued).

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tencent Holdings's Tax Expense for the three months ended in Mar. 2026 was $2,115 Mil. Tencent Holdings's Pre-Tax Income for the three months ended in Mar. 2026 was $10,732 Mil. Therefore, Tencent Holdings's Tax Rate % for the quarter that ended in Mar. 2026 was 19.71%.


Tencent Holdings Tax Rate % Related Terms


Tencent Holdings Tax Rate % Historical Data

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The historical data trend for Tencent Holdings's Tax Rate % 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 Tax Rate % Chart

Tencent Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.16 10.23 26.83 18.64 17.11

Tencent Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 21.62 16.84 13.09 17.57 19.71
TCTZF
80GF Score
Tencent Holdings Ltd TCTZF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tencent Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Tencent Holdings's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=6736.711/39364.067
=17.11 %

Tencent Holdings's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=2115.03/10732.433
=19.71 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 19.71% mean?
Tencent Holdings (TCTZF) has a Tax Rate % of 19.71% as of Mar. 2026.
Is Tencent Holdings' Tax Rate % too high?
Tencent Holdings' current Tax Rate % is 19.71%. 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' Tax Rate % compare to GOOGL and META?
Tencent Holdings' Tax Rate % of 19.71% 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 Tax Rate % for an Interactive Media company?
A good Tax Rate % depends on the Interactive Media industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Tencent Holdings's current Tax Rate % is 19.71%. 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 $68.66, compared to a current price of $58.81 — trading 14.3% below its estimated fair value. The current Tax Rate % is 19.71%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Tencent Holdings (TCTZF), the current Tax Rate % is 19.71% 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 $58.81 is trading 14.3% below its estimated GF Value™ of $68.66. GuruFocus considers Tencent Holdings to be Modestly Undervalued.

Key valuation signals for TCTZF:

  • Tax Rate %: 19.71%
  • GF Value™: $68.66 vs. price of $58.81 (14.3% 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

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

$58.81
Price
$68.66
GF Value