04-06-2022, 01:38 PM
If so, tencent is going struggle in growing profits. Its margins have been reduced due to policies. What is propping its net income are asset sales and revaluation gains from such sales.
Without asset sales, Tencent is about 60 times P/E. It is an expensive stock with little growth
Without asset sales, Tencent is about 60 times P/E. It is an expensive stock with little growth