Table of Contents

Financial Highlights

Total Revenue
73.5 billion RMB, 48% YoY
Net Profit attr. to Shareholders
Non-GAAP
18.3 billion RMB, 29% YoY
GAAP
23.3 billion RMB, 61% YoY
Diluted EPS
Non-GAAP
1.915 RMB, 28% YoY
GAAP
2.435 RMB, 60% YoY

Key Platforms Update

Weixin and WeChat
1.04 billion, 11% YoY
QQ
Total:
805 million
Smart Devices:
694 million, 2% YoY
Monthly Active Users as of 31 March 2018

Revenue Mix

Social
Networks
Online
Games
Online
Advertising
Others

Value Added Services Revenue

in billions, RMB
Online
Games
Social
Networks

Online Advertising Revenue

in billions, RMB
Media
Social and Others

Segment Gross Margin

VAS (%)
Online
Advertising (%)
Others (%)

Operating Expenses

S&M
in billions, RMB
R&D
in billions, RMB
G&A excl. R&D
in billions, RMB

Margins Ratios

GAAP
Gross Margin(%)
Non-GAAP
Operating Margin(%)
Non-GAAP
Net Margin(%)

CAPEX and Credit Metrics

Total CAPEX
6.3 billion RMB
Fair Market Value of
our listed investee companies*
212.6 billion RMB
Net Debt
14.5 billion RMB
Debt to (adj.) EBITDA ratio
1.49x (annualized)
*Excluding subsidiaries