Annuncio • May 27
JOYY Inc. (NasdaqGS:JOYY) announces an Equity Buyback for $600 million worth of its shares. JOYY Inc. (NasdaqGS:YY) announces a share repurchase program. Under the program, the company will repurchase up to $600 million worth of its shares. The program is valid till end of 2028. Annuncio • May 15
JOYY Inc. to Report Q1, 2026 Results on May 25, 2026 JOYY Inc. announced that they will report Q1, 2026 results After-Market on May 25, 2026 Annuncio • Mar 03
JOYY Inc. to Report Q4, 2025 Results on Mar 10, 2026 JOYY Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 10, 2026 Annuncio • Nov 13
JOYY Inc. to Report Q3, 2025 Results on Nov 19, 2025 JOYY Inc. announced that they will report Q3, 2025 results After-Market on Nov 19, 2025 Upcoming Dividend • Sep 15
Upcoming dividend of US$0.94 per share Eligible shareholders must have bought the stock before 22 September 2025. Payment date: 10 October 2025. Trailing yield: 6.1%. Within top quartile of Mexican dividend payers (6.0%). Higher than average of industry peers (0.4%). Annuncio • Aug 19
JOYY Inc. to Report Q2, 2025 Results on Aug 26, 2025 JOYY Inc. announced that they will report Q2, 2025 results After-Market on Aug 26, 2025 Annuncio • May 16
JOYY Inc. to Report Q1, 2025 Results on May 26, 2025 JOYY Inc. announced that they will report Q1, 2025 results After-Market on May 26, 2025 Annuncio • Mar 12
JOYY Inc. to Report Q4, 2024 Results on Mar 19, 2025 JOYY Inc. announced that they will report Q4, 2024 results After-Market on Mar 19, 2025 Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to Mex$900, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Interactive Media and Services industry globally. Negligible returns to shareholders over past three years. Reported Earnings • Dec 03
Third quarter 2024 earnings released: EPS: US$1.06 (vs US$1.99 in 3Q 2023) Third quarter 2024 results: EPS: US$1.06 (down from US$1.99 in 3Q 2023). Revenue: US$558.7m (down 1.5% from 3Q 2023). Net income: US$60.2m (down 51% from 3Q 2023). Profit margin: 11% (down from 22% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Global Interactive Media and Services industry. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Annuncio • Nov 27
JOYY Inc. Provides Earnings Guidance for the Fourth Quarter of 2024 JOYY Inc. provided earnings guidance for the fourth quarter of 2024. For the period, the company expects net revenues to be between USD 546 million and USD 563 million. This forecast reflects the Company’s current and preliminary views on the market, operational conditions and business strategies, which are subject to changes, particularly as to the potential impact from increasing macroeconomic uncertainties. Annuncio • Nov 13
JOYY Inc. to Report Q3, 2024 Results on Nov 26, 2024 JOYY Inc. announced that they will report Q3, 2024 results After-Market on Nov 26, 2024 New Risk • Oct 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.4% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 3.4% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. New Risk • Aug 29
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 1.2% per year for the foreseeable future. Minor Risks Paying a dividend despite being loss-making. Large one-off items impacting financial results. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: US$0.87 (vs US$2.27 in 2Q 2023) Second quarter 2024 results: EPS: US$0.87 (down from US$2.27 in 2Q 2023). Revenue: US$565.1m (up 3.3% from 2Q 2023). Net income: US$51.7m (down 66% from 2Q 2023). Profit margin: 9.2% (down from 28% in 2Q 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Global Interactive Media and Services industry. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Annuncio • Aug 28
JOYY Inc. Provides Earnings Guidance Third Quarter of 2024 JOYY Inc. provided earnings guidance third quarter of 2024. For the period, the company expects net revenues to be between USD 555 million and USD 569 million. Annuncio • Aug 14
JOYY Inc. to Report Q2, 2024 Results on Aug 27, 2024 JOYY Inc. announced that they will report Q2, 2024 results After-Market on Aug 27, 2024 Annuncio • Aug 04
JOYY Inc. Announces CEO Changes JOYY Inc. announced that its board of directors has approved a carefully planned leadership succession. Ms. Ting Li, currently Director and Chief Operating Officer of the Company, will succeed Mr. David Xueling Li as Chief Executive Officer, effective immediately. Mr. David Xueling Li will continue serving as a member of the Board, ensuring continuity and supporting ongoing business momentum. Effective immediately, Ms. Ting Li will assume the roles of Chairperson and CEO. She has been with the Company since 2011, serving as Chief Operating Officer since 2016, and joined the Board in November 2023. Her contribution in developing JOYY’s ecosystem and enriching its content and product offerings has been pivotal. Prior to joining the Company, Ms. Li served as a product manager at Tencent from 2006 to 2011 after receiving a bachelor’s degree from South China University of Technology. Annuncio • May 31
Joyy Inc. Provides Earnings Guidance for the Second Quarter of 2024 JOYY Inc. provided earnings guidance second quarter of 2024. For the period, the company expects net revenues to be between USD 538 million and USD 569 million. Reported Earnings • May 29
First quarter 2024 earnings released: EPS: US$0.76 (vs US$0.36 in 1Q 2023) First quarter 2024 results: EPS: US$0.76 (up from US$0.36 in 1Q 2023). Revenue: US$564.6m (down 3.3% from 1Q 2023). Net income: US$44.9m (up 77% from 1Q 2023). Profit margin: 8.0% (up from 4.4% in 1Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Global Interactive Media and Services industry. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Annuncio • May 19
JOYY Inc. to Report Q1, 2024 Results on May 28, 2024 JOYY Inc. announced that they will report Q1, 2024 results After-Market on May 28, 2024 Annuncio • Mar 08
JOYY Inc. to Report Q4, 2023 Results on Mar 18, 2024 JOYY Inc. announced that they will report Q4, 2023 results After-Market on Mar 18, 2024 Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman & CEO David Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman & CEO David Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman & CEO David Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 30
JOYY Inc. Provides Earnings Guidance for the Fourth Quarter of 2023 JOYY Inc. provided earnings guidance for the fourth quarter of 2023. For the period, Company expects net revenues to be between USD 551 million and USD 579 million. Annuncio • Nov 21
JOYY Inc. to Report Q3, 2023 Results on Nov 29, 2023 JOYY Inc. announced that they will report Q3, 2023 results After-Market on Nov 29, 2023 Board Change • Sep 22
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman & CEO David Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman & CEO David Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Sep 01
JOYY Inc. Declares Dividend for the Second Quarter of 2023, Payable on October 13, 2023 The board of directors of JOYY Inc. declared a dividend of USD 0.20 per ADS, or USD 0.01 per common share, for the second quarter of 2023, which is expected to be paid on October 13, 2023 to shareholders of record as of the close of business on September 26, 2023. The ex-dividend date will be September 25, 2023. Annuncio • Aug 30
JOYY Inc. Provides Revenue Guidance for the Third Quarter of 2023 JOYY Inc. provided revenue guidance for the third quarter of 2023. For the period, the company expects net revenues to be between USD 537 million and USD 567 million. This forecast reflects the Company’s current and preliminary views on the market, operational conditions and business strategies, which are subject to changes, particularly as to the potential impact from increasing macroeconomic uncertainties. Annuncio • Aug 24
JOYY Inc. to Report Q2, 2023 Results on Aug 29, 2023 JOYY Inc. announced that they will report Q2, 2023 results After-Market on Aug 29, 2023 Board Change • Jun 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman & CEO David Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 13
Upcoming dividend of US$0.51 per share at 6.9% yield Eligible shareholders must have bought the stock before 20 June 2023. Payment date: 05 July 2023. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of Mexican dividend payers (6.7%). Higher than average of industry peers (0.9%). Reported Earnings • Jun 01
First quarter 2023 earnings released: EPS: US$7.22 (vs US$0.41 loss in 1Q 2022) First quarter 2023 results: EPS: US$7.22 (up from US$0.41 loss in 1Q 2022). Revenue: US$583.6m (down 6.4% from 1Q 2022). Net income: US$25.4m (up US$55.1m from 1Q 2022). Profit margin: 4.4% (up from net loss in 1Q 2022). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Global Interactive Media and Services industry. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Annuncio • May 25
JOYY Inc. to Report Q1, 2023 Results on May 30, 2023 JOYY Inc. announced that they will report Q1, 2023 results After-Market on May 30, 2023 Board Change • May 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman & CEO David Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: US$1.72 (vs US$1.60 loss in FY 2021) Full year 2022 results: EPS: US$1.72 (up from US$1.60 loss in FY 2021). Revenue: US$2.41b (down 7.9% from FY 2021). Net income: US$119.5m (up US$244.6m from FY 2021). Profit margin: 5.0% (up from net loss in FY 2021). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Global Interactive Media and Services industry. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Board Change • Mar 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman & CEO David Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman & CEO David Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Dec 15
Upcoming dividend of US$0.51 per share Eligible shareholders must have bought the stock before 22 December 2022. Payment date: 13 January 2023. Trailing yield: 6.0%. Lower than top quartile of Mexican dividend payers (6.5%). Higher than average of industry peers (0.7%). Board Change • Dec 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman & CEO David Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 30
Second quarter 2022 earnings released: EPS: US$0.23 (vs US$1.43 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.23 (up from US$1.43 loss in 2Q 2021). Revenue: US$596.1m (down 9.9% from 2Q 2021). Net income: US$16.4m (up US$128.1m from 2Q 2021). Profit margin: 2.8% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 5.6%, compared to a 10% growth forecast for the Interactive Media and Services industry in Mexico. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Board Change • Jul 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman & CEO David Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 15
Upcoming dividend of US$0.51 per share Eligible shareholders must have bought the stock before 22 June 2022. Payment date: 06 July 2022. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 6.6%. Within top quartile of Mexican dividend payers (6.2%). Higher than average of industry peers (0.6%). Reported Earnings • Jun 02
First quarter 2022 earnings released: US$0.41 loss per share (vs US$1.13 loss in 1Q 2021) First quarter 2022 results: US$0.41 loss per share (up from US$1.13 loss in 1Q 2021). Revenue: US$623.8m (down 3.0% from 1Q 2021). Net loss: US$29.7m (loss narrowed 67% from 1Q 2021). Over the next year, revenue is forecast to grow 4.6%, compared to a 17% growth forecast for the industry in Mexico. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Board Change • May 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Co-Founder, Chairman & CEO David Li was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
