VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Saturday, January 10, 2026
Stock Comparison
Tencent Holdings Limited vs Air Liquide S.A.
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Tencent Holdings Limited
0700.HK · Hong Kong Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Tencent Holdings Limited's moat claims, evidence, and risks.
View 0700.HK analysisAir Liquide S.A.
AI · Euronext Paris
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Air Liquide S.A.'s moat claims, evidence, and risks.
View AI analysisComparison highlights
- Moat score gap: Tencent Holdings Limited leads (73 / 100 vs 58 / 100 for Air Liquide S.A.).
- Segment focus: Tencent Holdings Limited has 4 segments (48.3% in Value-Added Services (VAS)); Air Liquide S.A. has 6 segments (44% in Industrial Merchant).
- Primary market structure: Oligopoly vs Competitive. Pricing power: Moderate vs Moderate.
- Moat breadth: Tencent Holdings Limited has 6 moat types across 2 domains; Air Liquide S.A. has 12 across 3.
Primary market context
Tencent Holdings Limited
Value-Added Services (VAS)
Consumer social platforms and digital entertainment (online games, subscriptions, virtual items, digital content)
Mainland China (core) + Global (games)
Consumers
Platform/operator + content publisher
48.3%
Air Liquide S.A.
Industrial Merchant
Merchant industrial and medical gases distribution (cylinders, bulk liquids) plus related equipment and services
Global (local/regional distribution markets)
SMEs and mid-market industrial customers, contractors, labs, and public sector buyers
Distributor + producer (last-mile logistics, cylinder assets, bulk delivery)
44%
Side-by-side metrics
Moat coverage
Shared moat types
Tencent Holdings Limited strengths
Air Liquide S.A. strengths
Segment mix
Tencent Holdings Limited segments
Full profile >Value-Added Services (VAS)
Oligopoly
Marketing Services
Oligopoly
FinTech and Business Services
Oligopoly
Others
Competitive
Air Liquide S.A. segments
Full profile >Large Industries
Oligopoly
Industrial Merchant
Competitive
Healthcare
Competitive
Electronics
Oligopoly
Engineering & Construction
Competitive
Global Markets & Technologies
Competitive
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View expansion-stage stocksCuration & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.