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    Tencent earns 900 million daily: employees earn 70,000 monthly salary. Financial technology "lights up"

    2019-05-15 20:42:51

    China Fund News

    Tencent Financial Technology made its debut with a sharp increase in image.

    Today evening, Internet giant Tencent released its first quarterly report for 2019. The first quarter revenue was 85.47 billion yuan, a year-on-year increase of 16%. According to non-GAAP, the profit attributable to shareholders was 20.930 billion yuan, a year-on-year increase of 14%.

    It is worth noting that Tencent's financial report disclosed financial technology sector for the first time. Financial technology and corporate services revenue increased by 44% year-on-year to RMB 21.8 billion, mainly due to commercial payments, other financial technology services (such as micro-credit) and cloud business. promote.

    Ma Huateng, Chairman and CEO of Tencent, is also a "like" to the financial technology sector. Ma Huateng said that the new division of financial technology and corporate services disclosed its performance and demonstrated the success of internally cultivating businesses with long-term growth potential.

    Tencent's first quarter revenue growth of 16%

    In the first quarter of 2019, Tencent's total revenue was RMB 85.565 billion (US$12.693 billion). In the first quarter of 90 days, the average daily income was 950 million, a year-on-year increase of 16%. During the period, the profit attributable to equity holders of the Company was RMB 27.21 billion (US$4.041 billion), an increase of 17% over the same period last year.

    According to non-GAAP, certain non-cash items and certain impacts of M&A transactions have been excluded. During the period, the profit attributable to equity holders of the Company was RMB 20.930 billion (US$ 3.108 billion), an increase of 14% over the same period last year.

    The growth of the financial technology sector is most obvious

    In the first quarter of financial analysis, the financial technology sector grew at the fastest rate.

    Value-added services revenue was 48.974 billion yuan, a year-on-year increase of 4%. Online game revenue was 28.513 billion yuan, down 1% year-on-year; social network revenue was 20.461 billion yuan, up 13%.

    The income from financial technology and corporate services was 21.789 billion yuan, a year-on-year increase of 44%. Mainly benefit from the growth of commercial payments and cloud service revenue.

    The revenue from online advertising business was 13.377 billion yuan, a year-on-year increase of 25%. Social and other advertising revenues were 9.988 billion yuan, an increase of 34%, mainly due to the increase in advertising revenue of WeChat friends circle, small programs and QQ. Media advertising revenue increased by 5% to 3.479 billion yuan, mainly reflecting the increase in the contribution of advertising in Tencent News Service.

    WeChat and WeChat monthly active users exceeded 1.1 billion

    According to a quarterly report, the number of monthly active accounts of WeChat and WeChat reached 1.112 billion, a year-on-year increase of 6.9%. In the first quarter, the number of monthly active accounts of QQ smart terminals increased slightly to over 700 million. Among them, the activity of young users on the QQ platform increased, and the number of monthly active accounts recorded double-digit growth year-on-year.

    Ma Huateng praised the success of financial technology

    Ma Huateng praised the success of the newly disclosed financial technology sector.

    Ma Huateng said:

    In the first quarter of 2019, the number of short videos uploaded and shared by QQ and WeChat users increased significantly.

    As we launch new popular games in China like "a perfect worldMobile Games, while "PUBG MOBILE" continues to grow in the international market, our game business re-energizes.

    Although payments, other financial technology services and cloud services are still at an early stage of development, they have now generated considerable revenue; therefore, we have disclosed their results in new segments of financial technology and corporate services, demonstrating that we have internal The success of the business with long-term growth potential.

    It is believed that the company is laying a solid foundation for future growth in the consumer and industrial Internet sectors.

    Monthly salary of 70,000 on hot search

    However, for the public, more attention is paid to Tencent’s employee income level, and Tencent’s monthly salary of 70,000 is on Weibo.

    Tencent's financial report shows that on March 31, 2019, Tencent had 54,600 employees. For the three months ended March 31, 2019, Tencent’s total remuneration cost was RMB 11.616 billion.

    Based on the number of employees and total compensation, in the first quarter of 2019, Tencent employees had an average monthly salary of 70,900 yuan. Compared with the first quarter of 2018, Tencent employees' average monthly salary in the first quarter of 2019 increased by 2.16% year-on-year.

    On March 31, 2018, Tencent had 46,000 employees, and for the three months ended March 31, 2018, Tencent's total compensation cost was RMB 9.575 billion. Based on this calculation, in the first quarter of 2018, Tencent employees had an average monthly salary of 69,400 yuan.

    And Tencent's monthly salary of 70,000, quickly boarded the hot search first.

    Hot searchTencent

    Editor in charge: Robot RF13015

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