Anuncio • Jul 23
HUYA Inc. to Report Q2, 2026 Results on Aug 11, 2026 HUYA Inc. announced that they will report Q2, 2026 results Pre-Market on Aug 11, 2026 Upcoming Dividend • Jun 10
Upcoming dividend of US$0.13 per share Eligible shareholders must have bought the stock before 17 June 2026. Payment date: 30 June 2026. Trailing yield: 58%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (2.8%). Reported Earnings • May 13
First quarter 2026 earnings released: CN¥0.02 loss per share (vs CN¥0.004 profit in 1Q 2025) First quarter 2026 results: CN¥0.02 loss per share (down from CN¥0.004 profit in 1Q 2025). Revenue: CN¥1.73b (up 15% from 1Q 2025). Net loss: CN¥4.07m (down CN¥4.99m from profit in 1Q 2025). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Anuncio • Apr 21
HUYA Inc. to Report Q1, 2026 Results on May 12, 2026 HUYA Inc. announced that they will report Q1, 2026 results Pre-Market on May 12, 2026 Anuncio • Mar 18
HUYA Inc. (NYSE:HUYA) announces an Equity Buyback for $50 million worth of its shares. HUYA Inc. (NYSE:HUYA) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its ADSs or ordinary shares. The company expects to fund repurchases made under this program from its existing funds. The program will be valid for a period of 24 months on March 18, 2028. Reported Earnings • Mar 18
Full year 2025 earnings released: CN¥0.49 loss per share (vs CN¥0.21 loss in FY 2024) Full year 2025 results: CN¥0.49 loss per share (further deteriorated from CN¥0.21 loss in FY 2024). Revenue: CN¥6.50b (up 7.0% from FY 2024). Net loss: CN¥112.6m (loss widened 135% from FY 2024). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Anuncio • Mar 17
Huya Inc. Announces Special Cash Dividend for the Year 2026, Payable on or Around June 30, 2026 HUYA Inc. has approved a special cash dividend for the year 2026 (the 2026 Cash Dividend). The 2026 Cash Dividend will be paid to holders of ordinary shares and holders of ADSs of record as of the close of business on June 17, 2026, in U.S. dollars, in an amount of USD 0.135 per ordinary share or USD 0.135 per ADS. The total amount of cash to be distributed for the 2026 Cash Dividend is expected to be approximately USD 31 million, which will be funded by surplus cash on the Company's balance sheet. The payment date for holders of ordinary shares and holders of ADSs is expected to be on or around June 30, 2026. The dividend to be paid to the Company's ADS holders through the depositary bank will be subject to the terms of the deposit agreement. New Risk • Mar 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Anuncio • Feb 24
HUYA Inc. to Report Q4, 2025 Results on Mar 17, 2026 HUYA Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 17, 2026 New Risk • Jan 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2026 The 12 analysts covering HUYA previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of CN¥153.0m in 2026. Average annual earnings growth of 64% is required to achieve expected profit on schedule. Anuncio • Dec 09
Huya Inc. Announces Open Beta Launch for Goose Goose Duck Mobile in Chinese Mainland HUYA Inc. announced that the popular social deduction game Goose Goose Duck mobile, co-published by Huya and Kingsoft Shiyou in the Chinese mainland, is scheduled to enter open beta on January 7, 2026. The launch represents a significant step in Huya's strategic expansion into game publishing, broadening its role in the gaming value chain. The title has attracted more than 10 million pre-registrations as of November 2025, bolstered by Huya's streamer influence and content-driven marketing capabilities. Huya will continue to advance the game's rollout and expand its exposure through a variety of streamer activities, tournaments, and other content and operational initiatives. The upcoming launch of Goose Goose Duck mobile underscores Huya's growing momentum in game publishing. It showcases how the Company is leveraging its robust content ecosystem, platform scale and industry partnerships to deliver new experiences to users and strengthen its position in the broader gaming sector. Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: CN¥0.042 (vs CN¥0.10 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.042 (down from CN¥0.10 in 3Q 2024). Revenue: CN¥1.69b (up 9.8% from 3Q 2024). Net income: CN¥9.56m (down 60% from 3Q 2024). Profit margin: 0.6% (down from 1.5% in 3Q 2024). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Anuncio • Oct 22
HUYA Inc. to Report Q3, 2025 Results on Nov 12, 2025 HUYA Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 12, 2025 Reported Earnings • Aug 13
Second quarter 2025 earnings released: CN¥0.024 loss per share (vs CN¥0.13 profit in 2Q 2024) Second quarter 2025 results: CN¥0.024 loss per share (down from CN¥0.13 profit in 2Q 2024). Revenue: CN¥1.57b (up 1.7% from 2Q 2024). Net loss: CN¥5.49m (down 119% from profit in 2Q 2024). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Anuncio • Jul 22
HUYA Inc. to Report Q2, 2025 Results on Aug 12, 2025 HUYA Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 12, 2025 New Risk • Jul 05
New major risk - Revenue and earnings growth Earnings have declined by 56% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 56% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Buy Or Sell Opportunity • Jul 01
Now 30% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to US$2.40. The fair value is estimated to be US$3.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company became loss making. Upcoming Dividend • Jun 24
Upcoming dividend of US$1.43 per share Eligible shareholders must have bought the stock before 01 July 2025. Payment date: 30 June 2025. Trailing yield: 29%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (1.8%). Buy Or Sell Opportunity • Jun 02
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at US$3.83. The fair value is estimated to be US$3.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • May 14
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.2% to US$3.77. The fair value is estimated to be US$3.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company became loss making. Breakeven Date Change • May 13 The 11 analysts covering HUYA previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of CN¥157.0m in 2025. Earnings growth of 20% is required to achieve expected profit on schedule.
Buy Or Sell Opportunity • Apr 24
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at US$3.44. The fair value is estimated to be US$2.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years. Meanwhile, the company became loss making. Anuncio • Apr 22
HUYA Inc. to Report Q1, 2025 Results on May 13, 2025 HUYA Inc. announced that they will report Q1, 2025 results Pre-Market on May 13, 2025 Reported Earnings • Apr 18
Full year 2024 earnings released: CN¥0.21 loss per share (vs CN¥0.84 loss in FY 2023) Full year 2024 results: CN¥0.21 loss per share (improved from CN¥0.84 loss in FY 2023). Revenue: CN¥6.08b (down 13% from FY 2023). Net loss: CN¥48.0m (loss narrowed 77% from FY 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Anuncio • Mar 20
HUYA Inc. Approves Cash Dividend for 2025, Payable on or Around June 30, 2025; Approves Cash Dividend Plan for 2026 and 2027 The board of directors of HUYA Inc. has approved a cash dividend plan for the years 2025, 2026, and 2027 (the "2025-2027 Dividend Plan") for the purpose of enhancing shareholder returns and optimizing the Company's capital structure. The 2025-2027 Dividend Plan consists of a cash dividend to be paid in 2025 (the "2025 Cash Dividend") and cash dividends currently expected to be paid in 2026 and 2027 (the "Expected 2026 and 2027 Dividends"). The 2025 Cash Dividend will be paid to holders of ordinary shares and holders of ADSs of record as of the close of business on June 17, 2025, in U.S. dollars, in an amount of $1.47 per ordinary share or $1.47 per ADS. The total amount of cash to be distributed for the 2025 Cash Dividend is expected to be approximately $340 million, which will be funded by surplus cash on the Company's balance sheet. The payment date for holders of ordinary shares and holders of ADSs is expected to be on or around June 30, 2025. The New York Stock Exchange ("NYSE") has set July 1, 2025 as the ex-dividend date for the Company's cash dividend to be paid in 2025.
The Expected 2026 and 2027 Dividends consist of dividends in cash in the aggregate amount expected to be no less than USD 30 million in 2026 and no less than USD 30 million in 2027, to be paid to the holders of ordinary shares and ADSs of the Company. With respect to the Expected 2026 and 2027 Dividends, the Board reserves full discretion relating to the determination to make such dividend distributions and the amount, timing, and other specifics of such distributions, depending on the Company's operations and earnings, cash flow, financial condition, capital requirements and applicable foreign exchange laws and regulations in China, and other factors that the Board may deem relevant. The dividends to be paid under the 2025-2027 Dividend Plan to the Company's ADS holders through the depositary bank will be subject to the terms of the deposit agreement. New Risk • Mar 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 18
Full year 2024 earnings released: CN¥0.21 loss per share (vs CN¥0.84 loss in FY 2023) Full year 2024 results: CN¥0.21 loss per share (improved from CN¥0.84 loss in FY 2023). Revenue: CN¥6.08b (down 13% from FY 2023). Net loss: CN¥48.0m (loss narrowed 77% from FY 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Mar 14
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 42% to US$4.40. The fair value is estimated to be US$3.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company became loss making. Anuncio • Feb 25
HUYA Inc. to Report Q4, 2024 Results on Mar 18, 2025 HUYA Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 18, 2025 Buy Or Sell Opportunity • Jan 03
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 52% to US$2.94. The fair value is estimated to be US$3.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Dec 18
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 29% to US$3.07. The fair value is estimated to be US$3.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.049 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.049 in 3Q 2023). Revenue: CN¥1.54b (down 6.7% from 3Q 2023). Net income: CN¥23.6m (up 95% from 3Q 2023). Profit margin: 1.5% (up from 0.7% in 3Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Nov 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 35% to US$3.08. The fair value is estimated to be US$3.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 22% over the last 3 years. Meanwhile, the company became loss making. Anuncio • Oct 22
HUYA Inc. to Report Q3, 2024 Results on Nov 12, 2024 HUYA Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 12, 2024 Upcoming Dividend • Oct 02
Upcoming dividend of US$1.06 per share Eligible shareholders must have bought the stock before 09 October 2024. Payment date: 25 October 2024. The average dividend yield among industry peers is 1.8%. Buy Or Sell Opportunity • Sep 27
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 29% to US$5.08. The fair value is estimated to be US$4.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 22% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.095 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.095 in 2Q 2023). Revenue: CN¥1.54b (down 15% from 2Q 2023). Net income: CN¥29.6m (up 28% from 2Q 2023). Profit margin: 1.9% (up from 1.3% in 2Q 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. New Risk • Aug 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Aug 14
Now 22% overvalued Over the last 90 days, the stock has fallen 3.8% to US$5.15. The fair value is estimated to be US$4.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Meanwhile, the company became loss making. Anuncio • Aug 13
HUYA Inc. Declares Special Cash Dividend, Payable on or Around October 25, 2024 The board of directors of HUYA Inc. has declared a special cash dividend of USD 1.08 per ordinary share to holders of ordinary shares of record as of the close of business on October 9, 2024, payable in U.S. dollars. The total amount of cash to be distributed for the special cash dividend is expected to be approximately USD 250 million, which will be funded by surplus cash on the Company's balance sheet. The payment date for holders of ordinary shares is expected to be on or around October 25, 2024. Anuncio • Jul 23
HUYA Inc. to Report Q2, 2024 Results on Aug 13, 2024 HUYA Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 13, 2024 Buy Or Sell Opportunity • Jul 08
Now 20% overvalued Over the last 90 days, the stock has fallen 9.0% to US$4.54. The fair value is estimated to be US$3.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 29
Full year 2023 earnings released: CN¥0.84 loss per share (vs CN¥2.27 loss in FY 2022) Full year 2023 results: CN¥0.84 loss per share (improved from CN¥2.27 loss in FY 2022). Revenue: CN¥6.99b (down 25% from FY 2022). Net loss: CN¥204.5m (loss narrowed 63% from FY 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Apr 25
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 42% to US$4.55. The fair value is estimated to be US$3.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making. Anuncio • Apr 24
HUYA Inc. to Report Q1, 2024 Results on May 13, 2024 HUYA Inc. announced that they will report Q1, 2024 results Pre-Market on May 13, 2024 Buy Or Sell Opportunity • Apr 04
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 34% to US$4.70. The fair value is estimated to be US$3.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Mar 20
Full year 2023 earnings released: CN¥0.84 loss per share (vs CN¥2.02 loss in FY 2022) Full year 2023 results: CN¥0.84 loss per share (improved from CN¥2.02 loss in FY 2022). Revenue: CN¥6.99b (down 24% from FY 2022). Net loss: CN¥204.5m (loss narrowed 58% from FY 2022). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Anuncio • Feb 28
HUYA Inc. to Report Q4, 2023 Results on Mar 19, 2024 HUYA Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 19, 2024 Buy Or Sell Opportunity • Feb 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.5% to US$3.05. The fair value is estimated to be US$3.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 9.1% in a year. Earnings are forecast to grow by 95% in the next year. Buying Opportunity • Nov 28
Now 21% undervalued Over the last 90 days, the stock is up 26%. The fair value is estimated to be US$4.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 7.7% in a year. Earnings is forecast to grow by 96% in the next year. Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.25 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.05 (down from CN¥0.25 in 3Q 2022). Revenue: CN¥1.65b (down 31% from 3Q 2022). Net income: CN¥12.1m (down 80% from 3Q 2022). Profit margin: 0.7% (down from 2.5% in 3Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Anuncio • Oct 25
HUYA Inc. to Report Q3, 2023 Results on Nov 14, 2023 HUYA Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 14, 2023 Anuncio • Aug 17
HUYA Inc. (NYSE:HUYA) announces an Equity Buyback for $100 million worth of its shares. HUYA Inc. (NYSE:HUYA) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its ADSs or ordinary shares. The company expects to fund repurchases made under this program from its existing funds. The program will be valid for a period of 12 months. Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: CN¥0.095 (vs CN¥0.08 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.095 (up from CN¥0.08 loss in 2Q 2022). Revenue: CN¥1.82b (down 20% from 2Q 2022). Net income: CN¥23.2m (up CN¥42.6m from 2Q 2022). Profit margin: 1.3% (up from net loss in 2Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 32 percentage points per year, which is a significant difference in performance. Anuncio • Jul 26
HUYA Inc. to Report Q2, 2023 Results on Aug 15, 2023 HUYA Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 15, 2023 Buying Opportunity • Jul 14
Now 23% undervalued Over the last 90 days, the stock is up 9.0%. The fair value is estimated to be US$4.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 0.5% in 2 years. Earnings is forecast to grow by 100% in the next 2 years. Buying Opportunity • May 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be US$3.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 0.5% in 2 years. Earnings is forecast to grow by 100% in the next 2 years. Anuncio • May 24
HUYA Inc. Announces Board Changes HUYA Inc. announced that Mr. Songtao Lin has been appointed by Linen Investment Limited, as a successor director to serve on Huya's board of directors, replacing Mr. Lingdong Huang, effective May 23, 2023. Mr. Lingdong Huang no longer serves as a director and the chairman of the Board or as a member of any Board committees of Huya following this substitution. In addition, Huya's Board has approved the appointment of Mr. Songtao Lin as the chairman of the Board and a member of the Board's nominating and corporate governance committee, effective immediately. Mr. Songtao Lin joined Tencent in 2003 and currently serves as the corporate vice president of Tencent. Mr. Lin has held management positions within various Tencent business lines, including QQ, Qzone, Open Platform, GuangDianTong, YingYongBao, and the On-line Video Business Unit. Mr. Lin received a master's degree in computer application technology from Tianjin University in 2003 and an executive MBA degree from CEIBS (China European International Business School) in 2014. Reported Earnings • May 17
First quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.014 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.18 (up from CN¥0.014 loss in 1Q 2022). Revenue: CN¥1.95b (down 21% from 1Q 2022). Net income: CN¥44.8m (up CN¥48.1m from 1Q 2022). Profit margin: 2.3% (up from net loss in 1Q 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 25 percentage points per year, which is a significant difference in performance. Anuncio • May 06
HUYA Inc. Announces Resignation of David Xueling Li as Board of Directors HUYA Inc. announced that Mr. David Xueling Li tendered his resignation letter to the board of directors to resign as a director from the Board, effective immediately. Buying Opportunity • Apr 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 42%. The fair value is estimated to be US$3.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 11% in a year. Earnings is forecast to grow by 62% in the next year. Reported Earnings • Mar 22
Full year 2022 earnings released: CN¥2.02 loss per share (vs CN¥2.45 profit in FY 2021) Full year 2022 results: CN¥2.02 loss per share (down from CN¥2.45 profit in FY 2021). Revenue: CN¥9.22b (down 19% from FY 2021). Net loss: CN¥486.7m (down 183% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 17
Third quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥2.20 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.25 (down from CN¥2.20 in 3Q 2021). Revenue: CN¥2.38b (down 20% from 3Q 2021). Net income: CN¥60.4m (down 89% from 3Q 2021). Profit margin: 2.5% (down from 18% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Director WK Tsang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improved over the past week After last week's 16% share price gain to US$2.10, the stock trades at a trailing P/E ratio of 19.5x. Average forward P/E is 14x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 91% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$1.94 per share. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$2.14, the stock trades at a trailing P/E ratio of 19.1x. Average forward P/E is 15x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 92% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$2.19 per share. Reported Earnings • Aug 17
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: CN¥2.28b (down 23% from 2Q 2021). Net loss: CN¥19.4m (down 110% from profit in 2Q 2021). Over the next year, revenue is expected to shrink by 8.7% compared to a 29% growth forecast for the Entertainment industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Buying Opportunity • Aug 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be US$4.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings is also forecast to grow by 35% per annum over the same time period. Buying Opportunity • Jul 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be US$4.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings is also forecast to grow by 34% per annum over the same time period. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$3.53, the stock trades at a trailing P/E ratio of 14.5x. Average forward P/E is 20x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 86% over the past three years. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 16% share price gain to US$4.75, the stock trades at a trailing P/E ratio of 18.3x. Average forward P/E is 25x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 80% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$7.00 per share. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 22% share price gain to US$4.00, the stock trades at a trailing P/E ratio of 11x. Average forward P/E is 24x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 80% over the past three years. Reported Earnings • May 01
Full year 2021 earnings released: EPS: CN¥2.45 (vs CN¥3.89 in FY 2020) Full year 2021 results: EPS: CN¥2.45 (down from CN¥3.89 in FY 2020). Revenue: CN¥11.4b (up 4.0% from FY 2020). Net income: CN¥583.5m (down 34% from FY 2020). Profit margin: 5.1% (down from 8.1% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 6.0% compared to a 33% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Director WK Tsang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$3.74, the stock trades at a trailing P/E ratio of 4.8x. Average forward P/E is 29x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 87% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$4.86, the stock trades at a trailing P/E ratio of 7.1x. Average forward P/E is 36x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 83% over the past year. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment deteriorated over the past week After last week's 19% share price decline to US$6.43, the stock trades at a trailing P/E ratio of 9.7x. Average forward P/E is 40x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 66% over the past year. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS CN¥2.20 (vs CN¥1.10 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.98b (up 5.7% from 3Q 2020). Net income: CN¥524.4m (up 107% from 3Q 2020). Profit margin: 18% (up from 9.0% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improved over the past week After last week's 19% share price gain to US$9.52, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 43x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 63% over the past year. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.79 (vs CN¥0.93 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥2.96b (up 9.8% from 2Q 2020). Net income: CN¥186.3m (down 9.9% from 2Q 2020). Profit margin: 6.3% (down from 7.7% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥9.71, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 47x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$16.84 per share. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥11.99, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 46x in the Entertainment industry in the United Kingdom. Total loss to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$16.34 per share. Reported Earnings • May 19
First quarter 2021 earnings released: EPS CN¥0.78 (vs CN¥0.78 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥2.60b (up 8.0% from 1Q 2020). Net income: CN¥185.5m (up 8.4% from 1Q 2020). Profit margin: 7.1% (in line with 1Q 2020). Reported Earnings • Apr 30
Full year 2020 earnings released: EPS CN¥3.89 (vs CN¥2.18 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥10.9b (up 30% from FY 2019). Net income: CN¥884.2m (up 89% from FY 2019). Profit margin: 8.1% (up from 5.6% in FY 2019). The increase in margin was driven by higher revenue. Reported Earnings • Mar 25
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥10.9b (up 30% from FY 2019). Net income: CN¥884.2m (up 89% from FY 2019). Profit margin: 8.1% (up from 5.6% in FY 2019). The increase in margin was driven by higher revenue. Executive Departure • Feb 27
Director has left the company On the 25th of February, Zhi Cheng's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Zhi's name. A total of 3 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥33.34, the stock is trading at a trailing P/E ratio of 60.6x, up from the previous P/E ratio of 50x. This compares to an average P/E of 52x in the Entertainment industry in the United Kingdom. Total returns to shareholders over the past year are 65%. Is New 90 Day High Low • Feb 06
New 90-day high: US$27.54 The company is up 22% from its price of US$22.60 on 06 November 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$35.54 per share. Is New 90 Day High Low • Jan 15
New 90-day high: US$22.84 The company is up 4.0% from its price of US$21.96 on 16 October 2020. The British market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$32.75 per share. Reported Earnings • Nov 12
Third quarter 2020 earnings released: EPS CN¥1.10 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥2.81b (up 24% from 3Q 2019). Net income: CN¥253.0m (up 105% from 3Q 2019). Profit margin: 9.0% (up from 5.4% in 3Q 2019). The increase in margin was driven by higher revenue. Analyst Estimate Surprise Post Earnings • Nov 12
Revenue misses expectations Revenue missed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 24%, compared to a 23% growth forecast for the Entertainment industry in the United Kingdom. 
