Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

Financial Statements and Analysis, Taking Tencent as an Example

Authors
Sijia Cai1, *, , Yuxuan Che2, *, , Dingyu Duan3, *, , Haoyang Liu4, *, , Yabei Yang5,
1City University of Hong Kong, Hong Kong 999077, China.
2Dongbei University of Finance and Economics, Dalian, Liao Ning 116025, China;
3Xi’an International Studies University, Xi’an, Shan Xi 710128, China;
4Auburn University, Auburn, AL 36832, United States of America
5Arizona State University, Tempe, AZ 85281, United States of America;

These authors contributed equally.

*Corresponding author’s email: a sijiacai2-c@my.cityu.edu.hk
Corresponding Authors
Sijia Cai, Yuxuan Che, Dingyu Duan, Haoyang Liu, Yabei Yang
Available Online 15 December 2021.
DOI
10.2991/assehr.k.211209.460How to use a DOI?
Keywords
Financial analysis; Corporation; Assets and Liabilities
Abstract

It is important to figure out a company’s financial situation in order to analysis investment, borrowing, mergers and acquisitions, fraud surveys, and competitive intelligence. This is also beneficial when assessing the corporation financial situation itself. This paper studies a typical enterprise in the Internet industry, Tencent. By analyzing financial statements of Tencent in recent years, as well as business performance of Alibaba and Sina as they are the direct competitor of Tencent, the conclusion could be drawn that Tencent has greater potential in future as the main business income comes from value-added services. The second chart mainly analyzes the content and conclusion and the third chart provides the feasible strategy and suggestions linked to certain issues identified. Through this study, it is possible to make a role in Tencent or other Internet enterprise as well as making contribution on healthier industry development.

Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
978-94-6239-483-4
ISSN
2352-5428
DOI
10.2991/assehr.k.211209.460How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Sijia Cai
AU  - Yuxuan Che
AU  - Dingyu Duan
AU  - Haoyang Liu
AU  - Yabei Yang
PY  - 2021
DA  - 2021/12/15
TI  - Financial Statements and Analysis, Taking Tencent as an Example
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 2833
EP  - 2838
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.460
DO  - 10.2991/assehr.k.211209.460
ID  - Cai2021
ER  -