Joyy Inc. - Understand $yy stock

$YY Market Cap: $2.079 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$2.268B

TTM

Gross Margin

35.86%

TTM

Net Earnings

$347.3M

TTM

Current Assets

$4.073B

Q4 2023

Current Liabilities

$3.086B

Q4 2023

Current Ratio

131.95%

Q4 2023

Total Assets

$8.484B

Q4 2023

Total Liabilities

$3.305B

Q4 2023

Book Value

$5.179B

Q4 2023

Cash

$1.064B

Q4 2023

P/E

5.986

Nov 15, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$2.268B	$2.412B	$2.619B	$1.918B	$903.3M	$125.4M	$1.716B	$1.235B	$938.6M	$597.0M	$296.6M	$130.0M	$49.50M	$19.00M	$4.800M
YoY Change	-5.96%	-7.92%	36.58%	112.29%	620.33%	-92.69%	38.94%	31.61%	57.22%	101.28%	128.15%	162.63%	160.53%	295.83%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$2.268B	$2.412B	$2.619B	$1.918B	$903.3M	$125.4M	$1.716B	$1.235B	$938.6M	$597.0M	$296.6M	$130.0M	$49.50M	$19.00M	$4.800M
Cost Of Revenue	$1.455B	$1.559B	$1.781B	$1.378B	$659.1M	$109.7M	$1.040B	$768.4M	$569.7M	$300.1M	$143.5M	$66.00M	$28.30M	$16.30M	$4.200M
Gross Profit	$813.0M	$852.1M	$837.9M	$539.3M	$244.2M	$15.70M	$676.2M	$466.9M	$368.8M	$296.9M	$153.1M	$64.00M	$21.20M	$2.700M	$600.0K
Gross Profit Margin	35.85%	35.34%	31.99%	28.12%	27.03%	12.52%	39.4%	37.8%	39.29%	49.73%	51.62%	49.23%	42.83%	14.21%	12.5%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Selling, General & Admin	$492.2M	$542.3M	$596.5M	$646.0M	$530.2M	$124.0M	$182.9M	$131.0M	$106.8M	$52.80M	$36.70M	$20.10M	$20.40M	$30.20M	$5.500M
YoY Change	-9.22%	-9.09%	-7.66%	21.84%	327.58%	-32.2%	39.62%	22.66%	102.27%	43.87%	82.59%	-1.47%	-32.45%	449.09%
% of Gross Profit	60.54%	63.64%	71.19%	119.78%	217.12%	789.81%	27.05%	28.06%	28.96%	17.78%	23.97%	31.41%	96.23%	1118.52%	916.67%
Research & Development	$295.5M	$261.8M	$279.8M	$303.9M	$236.5M	$77.80M	$115.7M	$101.7M	$87.30M	$70.00M	$43.40M	$28.00M	$16.50M	$7.300M	$1.800M
YoY Change	12.87%	-6.42%	-7.94%	28.5%	203.98%	-32.76%	13.77%	16.49%	24.71%	61.29%	55.0%	69.7%	126.03%	305.56%
% of Gross Profit	36.35%	30.72%	33.39%	56.35%	96.85%	495.54%	17.11%	21.78%	23.67%	23.58%	28.35%	43.75%	77.83%	270.37%	300.0%
Depreciation & Amortization	$46.58M	$83.40M	$175.9M	$187.2M	$156.4M	$33.20M	$35.40M	$41.30M	$29.60M	$13.00M	$8.100M	$5.100M	$2.200M	$800.0K	$400.0K
YoY Change	-44.15%	-52.59%	-6.03%	19.69%	371.08%	-6.21%	-14.29%	39.53%	127.69%	60.49%	58.82%	131.82%	175.0%	100.0%
% of Gross Profit	5.73%	9.79%	21.0%	34.71%	64.05%	211.46%	5.24%	8.85%	8.03%	4.38%	5.29%	7.97%	10.38%	29.63%	66.67%
Operating Expenses	$778.0M	$786.6M	$872.9M	$941.7M	$760.9M	$200.1M	$281.8M	$213.2M	$134.6M	$121.8M	$75.70M	$47.70M	$36.60M	$37.50M	$7.400M
YoY Change	-1.08%	-9.89%	-7.31%	23.76%	280.26%	-28.99%	32.18%	58.4%	10.51%	60.9%	58.7%	30.33%	-2.4%	406.76%
Operating Profit	$34.99M	$65.57M	-$34.96M	-$402.4M	-$516.7M	-$184.4M	$394.4M	$253.7M	$234.2M	$175.1M	$77.40M	$16.30M	-$15.40M	-$34.80M	-$6.800M
YoY Change	-46.63%	-287.56%	-91.31%	-22.12%	180.21%	-146.75%	55.46%	8.33%	33.75%	126.23%	374.85%	-205.84%	-55.75%	411.76%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$259.2M	$520.5M	$24.18M	$428.4M	$410.0M	$275.4M	$28.40M	$1.900M	$400.0K	$16.10M	$14.60M	$2.400M	$2.900M	-$100.0K	$0.00
YoY Change	-50.21%	2052.09%	-94.35%	4.49%	48.87%	869.72%	1394.74%	375.0%	-97.52%	10.27%	508.33%	-17.24%	-3000.0%
% of Operating Profit	740.63%	793.81%					7.2%	0.75%	0.17%	9.19%	18.86%	14.72%
Other Income/Expense, Net		$0.00	-$381.0K	-$2.500M	$0.00	-$300.0K	$0.00	$0.00	-$300.0K	$6.000M
YoY Change		-100.0%	-84.76%		-100.0%			-100.0%	-105.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Pretax Income	$288.0M	$634.6M	-$77.59M	$17.10M	-$105.1M	$85.40M	$428.0M	$268.6M	$185.0M	$197.1M	$92.00M	$18.70M	-$12.50M	-$34.90M	-$6.800M
YoY Change	-54.62%	-917.87%	-553.74%	-116.27%	-223.07%	-80.05%	59.34%	45.19%	-6.14%	114.24%	391.98%	-249.6%	-64.18%	413.24%
Income Tax	$18.86M	$34.58M	$25.75M	$27.90M	-$20.40M	$10.30M	$61.50M	$42.20M	$28.40M	$25.00M	$14.60M	$4.600M	$200.0K	$300.0K	$100.0K
% Of Pretax Income	6.55%	5.45%		163.16%		12.06%	14.37%	15.71%	15.35%	12.68%	15.87%	24.6%
Net Earnings	$347.4M	$119.5M	-$80.29M	$1.402B	$498.8M	$334.0M	$369.1M	$229.5M	$164.4M	$172.8M	$77.70M	$14.10M	-$12.90M	-$35.30M	-$6.900M
YoY Change	190.76%	-248.79%	-105.73%	181.11%	49.34%	-9.51%	60.83%	39.6%	-4.86%	122.39%	451.06%	-209.3%	-63.46%	411.59%
Net Earnings / Revenue	15.32%	4.95%	-3.07%	73.12%	55.22%	266.35%	21.51%	18.58%	17.52%	28.94%	26.2%	10.85%	-26.06%	-185.79%	-143.75%
Basic Earnings Per Share	$0.27	$0.08	-$0.06	$0.85
Diluted Earnings Per Share	$0.29	$0.09	-$51.40K	$876.3K	$323.0K	$258.1K	$303.4K	$188.7K	$142.9K	$144.2K	$65.79K	$14.21K	-$26.55K	-$86.88K	-$16.93K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments	$3.309B	$3.938B	$4.374B	$3.557B	$3.776B	$2.081B	$1.344B	$767.9M	$435.0M	$755.8M	$357.2M	$225.1M	$95.60M	$12.70M
YoY Change	-15.96%	-9.98%	22.98%	-5.8%	81.42%	54.9%	74.97%	76.53%	-42.45%	111.59%	58.69%	135.46%	652.76%
Cash & Equivalents	$1.064B	$1.214B	$1.823B	$1.743B	$559.3M	$873.3M	$402.3M	$227.5M	$143.1M	$76.60M	$120.5M	$81.00M	$20.50M	$12.70M
Short-Term Investments	$2.245B	$2.723B	$2.551B	$1.814B	$3.217B	$1.208B	$941.3M	$540.3M	$291.9M	$679.3M	$236.7M	$144.1M	$75.10M	$0.00
Other Short-Term Assets	$632.0M	$587.3M	$489.1M	$200.6M	$233.9M	$148.2M	$187.8M	$32.40M	$100.8M	$67.00M	$22.30M	$9.100M	$3.500M	$900.0K
YoY Change	7.61%	20.08%	143.81%	-14.24%	57.83%	-21.09%	479.63%	-67.86%	50.45%	200.45%	145.05%	160.0%	288.89%
Inventory						$0.00	$0.00	$300.0K	$2.200M	$200.0K
Prepaid Expenses
Receivables	$130.7M	$117.9M	$114.4M	$143.2M	$124.6M	$140.6M	$23.70M	$24.40M	$20.40M	$41.50M	$16.50M	$18.90M	$7.500M	$3.900M
Other Receivables	$810.0K	$1.794M	$92.68M	$600.0K	$2.500M	$28.20M	$1.700M	$19.50M	$800.0K	$9.800M	$0.00	$200.0K	$300.0K	$200.0K
Total Short-Term Assets	$4.073B	$4.645B	$5.070B	$3.901B	$4.137B	$2.398B	$1.557B	$844.5M	$559.1M	$874.4M	$396.0M	$253.3M	$106.9M	$17.80M
YoY Change	-12.32%	-8.4%	29.96%	-5.7%	72.49%	54.04%	84.36%	51.05%	-36.06%	120.81%	56.34%	136.95%	500.56%
Property, Plant & Equipment	$420.9M	$376.4M	$382.0M	$423.2M	$363.7M	$188.5M	$156.3M	$120.8M	$129.9M	$37.80M	$17.00M	$14.50M	$8.500M	$3.900M
YoY Change	11.81%	-1.46%	-9.75%	16.36%	92.94%	20.6%	29.39%	-7.01%	243.65%	122.35%	17.24%	70.59%	117.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$674.5M	$660.4M	$1.022B	$1.265B	$339.4M	$813.3M	$177.2M	$132.3M	$87.40M	$30.10M	$10.20M	$500.0K	$800.0K	$500.0K
YoY Change	2.14%	-35.41%	-19.16%	272.66%	-58.27%	358.97%	33.94%	51.37%	190.37%	195.1%	1940.0%	-37.5%	60.0%
Other Assets	$332.8M	$342.6M	$374.9M	$10.80M	$74.90M	$42.90M	$42.60M	$31.60M	$302.5M	$90.60M	$900.0K	$700.0K	$400.0K	$0.00
YoY Change	-2.85%	-8.62%	3371.6%	-85.58%	74.59%	0.7%	34.81%	-89.55%	233.89%	9966.67%	28.57%	75.0%
Total Long-Term Assets	$4.411B	$4.427B	$4.050B	$4.194B	$3.363B	$1.350B	$665.4M	$564.9M	$565.8M	$231.7M	$33.10M	$19.00M	$11.50M	$6.300M
YoY Change	-0.36%	9.32%	-3.43%	24.71%	149.17%	102.81%	17.79%	-0.16%	144.2%	600.0%	74.21%	65.22%	82.54%
Total Assets	$8.484B	$9.072B	$9.120B	$8.095B	$7.499B	$3.748B	$2.222B	$1.409B	$1.125B	$1.106B	$429.1M	$272.3M	$118.4M	$24.10M
YoY Change
Accounts Payable	$66.75M	$56.00M	$18.01M	$21.00M	$17.90M	$16.70M	$11.70M	$19.70M	$20.00M	$16.40M	$9.300M	$4.500M	$2.600M	$1.600M
YoY Change	19.21%	210.92%	-14.23%	17.32%	7.19%	42.74%	-40.61%	-1.5%	21.95%	76.34%	106.67%	73.08%	62.5%
Accrued Expenses	$2.394B	$2.372B	$377.6M	$497.1M	$676.9M	$346.7M	$199.1M	$153.5M	$105.0M	$75.90M	$41.40M	$19.00M	$6.800M	$2.100M
YoY Change	0.89%	528.26%	-24.03%	-26.56%	95.24%	74.13%	29.71%	46.19%	38.34%	83.33%	117.89%	179.41%	223.81%
Deferred Revenue
YoY Change
Short-Term Debt	$52.12M	$37.27M	$0.00	$112.5M	$80.00M	$1.000M	$90.40M	$398.7M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	39.84%		-100.0%	40.63%	7900.0%	-98.89%	-77.33%
Long-Term Debt Due	$405.6M	$435.1M
YoY Change	-6.78%
Total Short-Term Liabilities	$3.086B	$3.072B	$2.512B	$944.1M	$1.097B	$560.4M	$483.5M	$675.6M	$213.2M	$175.8M	$115.8M	$58.80M	$20.00M	$38.40M
YoY Change	0.48%	22.29%	166.06%	-13.95%	95.77%	15.9%	-28.43%	216.89%	21.27%	51.81%	96.94%	194.0%	-47.92%
Long-Term Debt	$0.00	$401.6M	$931.4M	$779.2M	$719.4M	$0.00	$1.000M	$0.00	$396.2M	$394.5M	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%	-56.88%	19.54%	8.31%		-100.0%		-100.0%	0.43%
Other Long-Term Liabilities	$31.35M	$31.37M	$12.16M	$15.70M	$59.60M	$13.30M	$8.900M	$3.700M	$3.200M	$33.40M	$1.600M	$1.000M	$100.0K	$0.00
YoY Change	-0.04%	158.03%	-22.57%	-73.66%	348.12%	49.44%	140.54%	15.63%	-90.42%	1987.5%	60.0%	900.0%
Total Long-Term Liabilities	$31.35M	$433.0M	$943.6M	$794.9M	$779.0M	$13.30M	$9.900M	$3.700M	$399.4M	$427.9M	$1.600M	$1.000M	$100.0K	$0.00
YoY Change	-92.76%	-54.11%	18.71%	2.04%	5757.14%	34.34%	167.57%	-99.07%	-6.66%	26643.75%	60.0%	900.0%
Total Liabilities	$3.305B	$3.802B	$3.526B	$1.787B	$2.683B	$993.2M	$510.7M	$681.3M	$616.4M	$608.0M	$117.4M	$59.90M	$20.00M	$38.40M
YoY Change	-13.07%	7.83%	97.32%	-33.4%	170.13%	94.48%	-25.04%	10.53%	1.38%	417.89%	95.99%	199.5%	-47.92%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	1.309B	1.439B	1.562B	1.600B
Diluted Shares Outstanding	1.463B	1.645B	1.562B	1.600B
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.0788 Billion

About JOYY Inc.

JOYY, Inc. engages in managing a communication social platform, which enables users to join real-time online group activities through voice, text, and video. The company employs 7,449 full-time employees The company went IPO on 2012-11-21. The firm operates several social products, including Bigo Live for live streaming, Likee for short-form videos, Hago for multiplayer social networking, an instant messaging product, and others. The firm operates through two segments: BIGO and All other. The BIGO segment primarily consists of several social entertainment platforms, including Bigo Live, Likee, imo, and others. The All other segment primarily consist of Hago, Shopline, and certain audio live streaming platforms. Bigo Live enables its users to share their life moments, showcase their talents, socialize, and connect with other users. Likee enables users to easily discover, create and share short-form videos, with all-in-one video creation tools, such as filters and special effects, and AI-backed personalized feed. Hago provides casual games, integrating social features, such as audio and video multiuser chatrooms and 3D virtual interactive party games.

Industry: Services-Computer Processing & Data Preparation Peers: PropertyGuru Group Ltd