Tag Archive: Tencent

Analysis of Tencent 2019 Annual Financial Statements

Tencent released 2019 financial statements this month. Since the beginning of the coronavirus epidemic, the App portfolio of Tencent played more and more important role for everyone’s daily life. So Tencent 2019 financial statedments is highly expected. From 4Q19 and Annual Results Presentation As we can see from above graph, the key performance indicators, such as revenue, profit, etc, grew by more than 20%. So Tencent still keeps high growing pace in the elephant size. The operating margin is 30%, more…
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Vanke, the Leading City and Town Developer and Service Provider in China

Vanke was established in shenzhen since 1984, and after 30 years of development, it has become a leading city and town developer and service provider in China. As I mentioned before, Shenzhen is an amazing city, which created great companies in its short history, for example, Tencent as the largest social and connecting platform, Ping An as the leading retail finance group in China, Huawei as the leading telecom infrastructure provider globally. The founder of Vanke is Wang Shi, like Jack Ma…
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Tencent, Fostering Connecting Ecosystem to Serve Enterprises and Consumers

Tencent was founded in Shenzhen, China, in 1998, and listed on the Main Board of the Stock Exchange of Hong Kong since June 2004. As I mentioned before, Shenzhen is an amazing city. Within 40 years history, numerous competitive companies were founded in Shenzhen, the most famous companies are Tencent, Huawei, Ping An, and China Merchants Bank Currently, Tencent and Alibaba is the Top 2 conglomerates by market capitalization. Alibaba aims to provide operating system for commerce and make business…
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Wuhan, Stay Strong! China, Stay Strong!

In this Chinese New Year, I was planned to travel to Wuhan for several days during my stay in my hometown. As we all know that the Noval Coronavirus epidemic has spread all over country from Wuhan. More than 80% infections was in Wuhan, and the city has been locked since Jan 23.  I have write a post about how the Noval Coronavirus affected Chinese daily life and the suggestions to cope with the unexpected disasters: Coronavirus Outbreak in China, and How…
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Coronavirus Outbreak in China, and How We Adapt to the Black Swan World

So far, as we all know, in Chinese New Year, a noval coronavirus is fastly spreading across China and abroad. The outbreak was firstly reported in Wuhan, central city of China. The rumor still need verfied is that the disease is caused by people eat bat.   Here is what we know about the coronavirus impact until Feb 14: There is no doubt that the Noval Coronavirus is hugely affecting everyone life in China. Normally, in Chinese new year, most of Chinese going back to there…
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Huaqiang North, the Center Hub of Electronics and a Glimpse of Shenzhen Past

Huaqiang North, is just a narrow street in Futian area of Shenzhen, however, it means a lot to the electronics industry just like the meaning as Wall street to finance. It is said, in the prime time, more than half of the foreign trade of electronics in China is from Huaqiang North. Especially, in the 2000, people are pouring into Huaqiang North, and dream to get rich by working here. Indeed, numerous of famous companies and billionaires are born here,…
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The Competitive Advantages and Moat Analysis of Ping An

Last week, I went to 4S shop to renew my car insurance, as the insurer sold different companies insurances, I asked which companie car insurance was sold most in her mind. The girl just give me a quick reply: Ping An, and around 70% of her customers adopts Ping An insurance. OK, that’s maybe just one special case, however, more and more people chooses Ping An as their insurer.  As I mentioned in my another post : Ping An, a World-Leading…
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Ping An, a World-Leading Technology-Powered Retail Financial Services Group

Ping An is an originated Shenzhen enterprise, and is as famous as Huawei, Tencent, and Vanke. All of them start from Shenzhen, and provide products or services in China and all over the world. In Shenzhen, the highest building is Ping An Mansion Ping An is founded in 1988 by Ma Mingzhe, at first, Ping an only provides Property & Casulty insurance in She Kou, Shenzhen. After serveral years of learning from abroad, Ping An launches Life & Health insurance…
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Alibaba, the Operating System for Commerce, Make Business Easy Anywhere

Alibaba is the largest enterprise in China by market capital right now, and it only has 20 years history, which aim to last at least 102 years. The most important founder, Jack Ma, is like a rock star. In China, Alibaba and Tencent provides the digital life and transformed everyone’s life. Alibaba aim to build the operating system for commerce, and buying items online is a basic lifestyle. Tencent has built infrastructure for social life online, everyone’s phone has Wechat or…
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Some Thoughts on Business from Maslow’s Hierarchy of Needs Perspective

Human has variety of needs and desires in all their life, and companies are set up to serve all these different needs. With the development of society, people pursue more than ever before, that’s why numerous new startups were built every year. Some companies are dedicated to develop continuous competitive strengths for satisfy a certain people needs for long term growth and profit, however, there are also many companies change from one area to another, always trying to pursue the most…
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