JOYY（0VVY）株式概要JOYY株式会社は、その子会社とともに、ソーシャルプロダクツマトリックスとコミュニケーションテクノロジーの提供に従事している。 詳細0VVY ファンダメンタル分析スノーフレーク・スコア評価6/6将来の成長2/6過去の実績3/6財務の健全性6/6配当金2/6報酬当社が推定した公正価値より64%で取引されている 収益は年間7.81%増加すると予測されています 今年は黒字化を達成 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が43.6%上昇するだろうとほぼ一致している。 リスク分析7.28%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない すべてのリスクチェックを見る0VVY Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$54.8710.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-148m3b2016201920222025202620282031Revenue US$3.2bEarnings US$337.3mAdvancedSet Fair ValueView all narrativesJOYY Inc. 競合他社RightmoveSymbol: LSE:RMVMarket cap: UK£3.3bAutotrader GroupSymbol: LSE:AUTOMarket cap: UK£3.7bMONY GroupSymbol: LSE:MONYMarket cap: UK£908.4mTrustpilot GroupSymbol: LSE:TRSTMarket cap: UK£928.7m価格と性能株価の高値、安値、推移の概要JOYY過去の株価現在の株価US$54.8752週高値US$71.0052週安値US$42.00ベータ0.431ヶ月の変化-5.88%3ヶ月変化-10.23%1年変化-35.82%3年間の変化-35.82%5年間の変化-28.69%IPOからの変化-44.24%最新ニュースお知らせ • May 15JOYY Inc. to Report Q1, 2026 Results on May 25, 2026JOYY Inc. announced that they will report Q1, 2026 results After-Market on May 25, 2026New Risk • May 05New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 90% Cash payout ratio: 125% Dividend yield: 6.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Upcoming Dividend • Apr 15Upcoming dividend of US$1.38 per shareEligible shareholders must have bought the stock before 22 April 2026. Payment date: 08 May 2026. Trailing yield: 6.4%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.8%).Declared Dividend • Mar 16Fourth quarter dividend of US$1.38 announcedShareholders will receive a dividend of US$1.38. Ex-date: 22nd April 2026 Payment date: 8th May 2026 Dividend yield will be 6.8%, which is higher than the industry average of 1.6%. Sustainability & Growth The dividend has increased by an average of 21% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to decline by 103% over the next 3 years. Since a fall of 99% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.お知らせ • Mar 11+ 2 more updatesJOYY Inc. Announces Quarterly Cash Dividend for the First Quarter of 2026, Payable on May 8, 2026JOYY Inc. announced that on March 19, 2025, the board of directors authorized a quarterly dividend program from 2025 to 2027, under which a total of approximately USD 600 million in cash will be distributed on a quarterly basis over the three-year period. Accordingly, it is expected that a cash dividend of USD 0.99 per ADS, or USD 0.0495 per common share, will be paid pursuant to this quarterly dividend program. The quarterly cash dividend for the first quarter of 2026 is expected to be paid on May 8, 2026 to shareholders of record as of the close of business on April 22, 2026. The ex-dividend date will be April 22, 2026.Reported Earnings • Mar 11Full year 2025 earnings released: EPS: US$797 (vs US$2.55 loss in FY 2024)Full year 2025 results: EPS: US$797 (up from US$2.55 loss in FY 2024). Revenue: US$2.12b (down 5.1% from FY 2024). Net income: US$2.10b (up US$2.24b from FY 2024). Profit margin: 99% (up from net loss in FY 2024). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 158% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.最新情報をもっと見るRecent updatesお知らせ • May 15JOYY Inc. to Report Q1, 2026 Results on May 25, 2026JOYY Inc. announced that they will report Q1, 2026 results After-Market on May 25, 2026New Risk • May 05New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 90% Cash payout ratio: 125% Dividend yield: 6.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Upcoming Dividend • Apr 15Upcoming dividend of US$1.38 per shareEligible shareholders must have bought the stock before 22 April 2026. Payment date: 08 May 2026. Trailing yield: 6.4%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.8%).Declared Dividend • Mar 16Fourth quarter dividend of US$1.38 announcedShareholders will receive a dividend of US$1.38. Ex-date: 22nd April 2026 Payment date: 8th May 2026 Dividend yield will be 6.8%, which is higher than the industry average of 1.6%. Sustainability & Growth The dividend has increased by an average of 21% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to decline by 103% over the next 3 years. Since a fall of 99% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.お知らせ • Mar 11+ 2 more updatesJOYY Inc. Announces Quarterly Cash Dividend for the First Quarter of 2026, Payable on May 8, 2026JOYY Inc. announced that on March 19, 2025, the board of directors authorized a quarterly dividend program from 2025 to 2027, under which a total of approximately USD 600 million in cash will be distributed on a quarterly basis over the three-year period. Accordingly, it is expected that a cash dividend of USD 0.99 per ADS, or USD 0.0495 per common share, will be paid pursuant to this quarterly dividend program. The quarterly cash dividend for the first quarter of 2026 is expected to be paid on May 8, 2026 to shareholders of record as of the close of business on April 22, 2026. The ex-dividend date will be April 22, 2026.Reported Earnings • Mar 11Full year 2025 earnings released: EPS: US$797 (vs US$2.55 loss in FY 2024)Full year 2025 results: EPS: US$797 (up from US$2.55 loss in FY 2024). Revenue: US$2.12b (down 5.1% from FY 2024). Net income: US$2.10b (up US$2.24b from FY 2024). Profit margin: 99% (up from net loss in FY 2024). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 158% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Mar 03JOYY Inc. to Report Q4, 2025 Results on Mar 10, 2026JOYY Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 10, 2026Upcoming Dividend • Dec 26Upcoming dividend of US$0.96 per shareEligible shareholders must have bought the stock before 02 January 2026. Payment date: 13 January 2026. Trailing yield: 5.9%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (2.3%).Reported Earnings • Nov 20Third quarter 2025 earnings released: EPS: US$1.21 (vs US$1.06 in 3Q 2024)Third quarter 2025 results: EPS: US$1.21 (up from US$1.06 in 3Q 2024). Revenue: US$540.2m (down 3.3% from 3Q 2024). Net income: US$61.6m (up 2.3% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Nov 20+ 1 more updateJOYY Inc. Declares Dividend on Common Share for the Fourth Quarter of 2025, Expects to Pay on January 13, 2026JOYY Inc. declared a dividend of USD 0.97 per ADS, or USD 0.0483 per common share, for the fourth quarter of 2025, which is expected to be paid on January 13, 2026 to shareholders of record as of the close of business on January 2, 2026. The ex-dividend date will be January 2, 2026.お知らせ • Nov 13JOYY Inc. to Report Q3, 2025 Results on Nov 19, 2025JOYY Inc. announced that they will report Q3, 2025 results After-Market on Nov 19, 2025Upcoming Dividend • Sep 15Upcoming dividend of US$0.94 per shareEligible shareholders must have bought the stock before 22 September 2025. Payment date: 10 October 2025. Trailing yield: 6.1%. Within top quartile of British dividend payers (5.5%). Higher than average of industry peers (1.7%).お知らせ • Aug 27+ 1 more updateJOYY Inc. Provides Earnings Guidance for the Third Quarter of 2025JOYY Inc. provided earnings guidance for the third quarter of 2025. For the period, the company expects net revenues to be between USD 525 million and USD 539 million.Reported Earnings • Aug 27Second quarter 2025 earnings released: EPS: US$22.91 (vs US$0.87 in 2Q 2024)Second quarter 2025 results: EPS: US$22.91 (up from US$0.87 in 2Q 2024). Revenue: US$507.8m (down 10% from 2Q 2024). Net income: US$60.5m (up 17% from 2Q 2024). Profit margin: 12% (up from 9.2% in 2Q 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • Aug 19JOYY Inc. to Report Q2, 2025 Results on Aug 26, 2025JOYY Inc. announced that they will report Q2, 2025 results After-Market on Aug 26, 2025Upcoming Dividend • Jun 16Upcoming dividend of US$0.94 per shareEligible shareholders must have bought the stock before 23 June 2025. Payment date: 03 July 2025. Trailing yield: 7.6%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (1.5%).New Risk • May 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 77% 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 Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings are forecast to decline by an average of 77% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.お知らせ • May 27+ 1 more updateJoyy Inc. Provides Earnings Guidance for the Second Quarter of 2025JOYY Inc. provided earnings guidance for the second quarter of 2025. For the quarter, the company expects net revenues to be between $499 million and $519 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.お知らせ • May 16JOYY Inc. to Report Q1, 2025 Results on May 26, 2025JOYY Inc. announced that they will report Q1, 2025 results After-Market on May 26, 2025Reported Earnings • May 01Full year 2024 earnings released: US$2.55 loss per share (vs US$5.31 profit in FY 2023)Full year 2024 results: US$2.55 loss per share (down from US$5.31 profit in FY 2023). Revenue: US$2.24b (down 1.3% from FY 2023). Net loss: US$147.6m (down 143% from profit in FY 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Upcoming Dividend • Apr 10Upcoming dividend of US$0.93 per shareEligible shareholders must have bought the stock before 17 April 2025. Payment date: 30 April 2025. Trailing yield: 9.5%. Within top quartile of British dividend payers (6.5%). Higher than average of industry peers (1.5%).お知らせ • Mar 20JOYY Inc. Announces Goodwill Impairment Charges for the Fourth Quarter Ended December 31, 2024JOYY Inc. announced goodwill impairment charges for the fourth quarter ended December 31, 2024. For the quarter, the company reported the goodwill impairment charges of USD 454,935,000.Reported Earnings • Mar 20Full year 2024 earnings released: US$2.74 loss per share (vs US$5.31 profit in FY 2023)Full year 2024 results: US$2.74 loss per share (down from US$5.31 profit in FY 2023). Revenue: US$2.24b (down 1.3% from FY 2023). Net loss: US$147.6m (down 143% from profit in FY 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Mar 20+ 1 more updateJoyy Inc. Provides Revenue Guidance for the First Quarter of 2025JOYY Inc. provided revenue guidance for the first quarter of 2025. For the period, the Company expects net revenues to be between USD 482 million and USD 490 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.お知らせ • Mar 12JOYY Inc. to Report Q4, 2024 Results on Mar 19, 2025JOYY Inc. announced that they will report Q4, 2024 results After-Market on Mar 19, 2025Reported Earnings • Nov 27Third quarter 2024 earnings released: EPS: US$1.05 (vs US$1.99 in 3Q 2023)Third quarter 2024 results: EPS: US$1.05 (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 3.6% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Nov 27JOYY Inc. Provides Earnings Guidance for the Fourth Quarter of 2024JOYY 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.お知らせ • Nov 13JOYY Inc. to Report Q3, 2024 Results on Nov 26, 2024JOYY Inc. announced that they will report Q3, 2024 results After-Market on Nov 26, 2024New Risk • Oct 24New major risk - Revenue and earnings growthEarnings 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 Share price has been highly volatile over the past 3 months (46% average weekly change). Earnings are forecast to decline by an average of 3.4% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.New Risk • Aug 29New major risk - Revenue and earnings growthEarnings 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 Share price has been highly volatile over the past 3 months (46% average weekly change). 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 28Second 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 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Aug 28JOYY Inc. Provides Earnings Guidance Third Quarter of 2024JOYY 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.お知らせ • Aug 14JOYY Inc. to Report Q2, 2024 Results on Aug 27, 2024JOYY Inc. announced that they will report Q2, 2024 results After-Market on Aug 27, 2024お知らせ • Aug 04JOYY Inc. Announces CEO ChangesJOYY 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.お知らせ • May 31Joyy Inc. Provides Earnings Guidance for the Second Quarter of 2024JOYY 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 29First 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 8.6% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • May 19JOYY Inc. to Report Q1, 2024 Results on May 28, 2024JOYY Inc. announced that they will report Q1, 2024 results After-Market on May 28, 2024Buy Or Sell Opportunity • May 07Now 125% overvaluedThe stock has been flat over the last 90 days, currently trading at US$85.50. The fair value is estimated to be US$38.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are forecast to decline by 12% per annum over the same time period.Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorates as stock falls 61%After last week's 61% share price decline to US$33.64, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 19x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$14.76 per share.Reported Earnings • Apr 29Full year 2023 earnings released: EPS: US$5.31 (vs US$1.66 in FY 2022)Full year 2023 results: EPS: US$5.31 (up from US$1.66 in FY 2022). Revenue: US$2.27b (down 6.0% from FY 2022). Net income: US$347.4m (up 191% from FY 2022). Profit margin: 15% (up from 5.0% in FY 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 19Full year 2023 earnings released: EPS: US$5.71 (vs US$1.66 in FY 2022)Full year 2023 results: EPS: US$5.71 (up from US$1.66 in FY 2022). Revenue: US$2.27b (down 6.0% from FY 2022). Net income: US$347.4m (up 191% from FY 2022). Profit margin: 15% (up from 5.0% in FY 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Mar 08JOYY Inc. to Report Q4, 2023 Results on Mar 18, 2024JOYY Inc. announced that they will report Q4, 2023 results After-Market on Mar 18, 2024Buying Opportunity • Dec 26Now 59% undervalued after recent price dropOver the last 90 days, the stock is down 54%. The fair value is estimated to be US$95.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.6% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 30Third quarter 2023 earnings released: EPS: US$2.04 (vs US$7.12 in 3Q 2022)Third quarter 2023 results: EPS: US$2.04 (down from US$7.12 in 3Q 2022). Revenue: US$567.1m (down 3.4% from 3Q 2022). Net income: US$123.9m (down 76% from 3Q 2022). Profit margin: 22% (down from 87% in 3Q 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Nov 30JOYY Inc. Provides Earnings Guidance for the Fourth Quarter of 2023JOYY 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.お知らせ • Nov 21JOYY Inc. to Report Q3, 2023 Results on Nov 29, 2023JOYY Inc. announced that they will report Q3, 2023 results After-Market on Nov 29, 2023Valuation Update With 7 Day Price Move • Oct 19Investor sentiment deteriorates as stock falls 54%After last week's 54% share price decline to US$39.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 47% over the past three years.Valuation Update With 7 Day Price Move • Sep 25Investor sentiment deteriorates as stock falls 54%After last week's 54% share price decline to US$39.53, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 45% over the past three years.Buying Opportunity • Sep 25Now 62% undervalued after recent price dropOver the last 90 days, the stock is down 54%. The fair value is estimated to be US$104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings is forecast to decline by 23% per annum over the same time period.お知らせ • Sep 01JOYY Inc. Declares Dividend for the Second Quarter of 2023, Payable on October 13, 2023The 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.Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: US$45.35 (vs US$0.23 in 2Q 2022)Second quarter 2023 results: EPS: US$45.35 (up from US$0.23 in 2Q 2022). Revenue: US$547.3m (down 8.2% from 2Q 2022). Net income: US$152.5m (up US$136.1m from 2Q 2022). Profit margin: 28% (up from 2.8% in 2Q 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Aug 30JOYY Inc. Provides Revenue Guidance for the Third Quarter of 2023JOYY 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.Buying Opportunity • Aug 28Now 59% undervalued after recent price dropOver the last 90 days, the stock is down 61%. The fair value is estimated to be US$81.73, 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 has become profitable. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings is forecast to decline by 3.3% per annum over the same time period.お知らせ • Aug 24JOYY Inc. to Report Q2, 2023 Results on Aug 29, 2023JOYY Inc. announced that they will report Q2, 2023 results After-Market on Aug 29, 2023Upcoming Dividend • Jun 13Upcoming dividend of US$0.51 per share at 6.9% yieldEligible 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 British dividend payers (5.8%). Higher than average of industry peers (1.8%).Reported Earnings • Jun 01First 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 8.0% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 01+ 1 more updateJOYY Inc. Provides Revenue Guidance for the Second Quarter of 2023JOYY Inc. provided revenue guidance for the second quarter of 2023. For the second quarter of 2023, the Company expects net revenues to be between USD 520 million and USD 541 million. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to changes, particularly as to the potential impact from increasing macroeconomic uncertainties.お知らせ • May 25JOYY Inc. to Report Q1, 2023 Results on May 30, 2023JOYY Inc. announced that they will report Q1, 2023 results After-Market on May 30, 2023Buying Opportunity • May 09Now 63% undervalued after recent price dropOver the last 90 days, the stock is down 65%. The fair value is estimated to be US$79.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is also forecast to grow by 4.9% per annum over the same time period.Upcoming Dividend • Apr 05Upcoming dividend of US$0.51 per share at 6.5% yieldEligible shareholders must have bought the stock before 12 April 2023. Payment date: 28 April 2023. Trailing yield: 6.5%. Within top quartile of British dividend payers (5.9%). Higher than average of industry peers (1.8%).Reported Earnings • Mar 17Full 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 7.3% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Dec 28Now 69% undervalued after recent price dropOver the last 90 days, the stock is down 61%. The fair value is estimated to be US$105, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings is forecast to decline by 51% per annum over the same time period.Upcoming Dividend • Dec 15Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 22 December 2022. Payment date: 13 January 2023. Trailing yield: 6.0%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (2.0%).Reported Earnings • Nov 30Third quarter 2022 earnings released: EPS: US$7.12 (vs US$0.068 in 3Q 2021)Third quarter 2022 results: EPS: US$7.12 (up from US$0.068 in 3Q 2021). Revenue: US$586.7m (down 9.8% from 3Q 2021). Net income: US$512.9m (up US$507.6m from 3Q 2021). Profit margin: 87% (up from 0.8% in 3Q 2021). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year.Board Change • Nov 16Insufficient new directorsNo 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.Buying Opportunity • Sep 19Now 72% undervalued after recent price dropOver the last 90 days, the stock is down 68%. The fair value is estimated to be US$96.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 8.4% in 2 years. Earnings is forecast to grow by 102% in the next 2 years.Upcoming Dividend • Sep 14Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 21 September 2022. Payment date: 06 October 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.1%. Within top quartile of British dividend payers (5.5%). Higher than average of industry peers (1.8%).Reported Earnings • Aug 30Second 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 12% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 15Upcoming dividend of US$0.51 per shareEligible 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 British dividend payers (5.0%). Higher than average of industry peers (2.2%).Buying Opportunity • Jun 02Now 66% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be US$254, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Jun 02First 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 10% growth forecast for the 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 88 percentage points per year, which is a significant difference in performance.Reported Earnings • May 02Full year 2021 earnings released: US$1.60 loss per share (vs US$0.48 loss in FY 2020)Full year 2021 results: US$1.60 loss per share (down from US$0.48 loss in FY 2020). Revenue: US$2.62b (up 37% from FY 2020). Net loss: US$125.1m (loss widened 226% from FY 2020). Over the next year, revenue is forecast to grow 9.6%, compared to a 16% growth forecast for the 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 71 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Insufficient new directorsNo 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 • Apr 06Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 13 April 2022. Payment date: 29 April 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.1%. Within top quartile of British dividend payers (4.6%). Higher than average of industry peers (1.7%).Breakeven Date Change • Mar 17Forecast breakeven date moved forward to 2022The 21 analysts covering JOYY previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$91.1m in 2022. Earnings growth of 78% is required to achieve expected profit on schedule.Upcoming Dividend • Dec 02Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 09 December 2021. Payment date: 23 December 2021. Trailing yield: 4.0%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.0%).Reported Earnings • Nov 18Third quarter 2021 earnings released: EPS US$0.067 (vs US$4.20 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$650.5m (down 30% from 3Q 2020). Net income: US$5.29m (down 98% from 3Q 2020). Profit margin: 0.8% (down from 36% in 3Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Sep 02Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 09 September 2021. Payment date: 29 September 2021. Trailing yield: 3.1%. Lower than top quartile of British dividend payers (3.8%). Higher than average of industry peers (1.0%).Reported Earnings • Aug 19Second quarter 2021 earnings released: US$1.41 loss per share (vs US$1.13 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$661.7m (down 20% from 2Q 2020). Net loss: US$111.7m (down 224% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 10Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 17 June 2021. Payment date: 28 June 2021. Trailing yield: 2.8%. Lower than top quartile of British dividend payers (4.0%). Higher than average of industry peers (1.1%).Reported Earnings • May 28First quarter 2021 earnings releasedThe company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$643.1m (down 36% from 1Q 2020). Net loss: US$89.7m (down 272% from profit in 1Q 2020).Reported Earnings • May 03Full year 2020 earnings released: CN¥3.01 loss per share (vs CN¥43.76 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥13.2b (down 48% from FY 2019). Net loss: CN¥240.6m (down 107% from profit in FY 2019).Upcoming Dividend • Apr 09Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 16 April 2021. Payment date: 30 April 2021. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (4.3%). Higher than average of industry peers (1.0%).Reported Earnings • Mar 27Full year 2020 earnings released: CN¥3.01 loss per share (vs CN¥43.76 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥13.2b (down 48% from FY 2019). Net loss: CN¥240.6m (down 107% from profit in FY 2019).Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥122, the stock is trading at a trailing P/E ratio of 17.7x, down from the previous P/E ratio of 20.8x. This compares to an average P/E of 40x in the Interactive Media and Services industry in Europe. Total returns to shareholders over the past year are 117%.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥110, the stock is trading at a trailing P/E ratio of 15.6x, up from the previous P/E ratio of 13.2x. This compares to an average P/E of 37x in the Interactive Media and Services industry in Europe. Total returns to shareholders over the past year are 72%.Is New 90 Day High Low • Feb 03New 90-day high: US$106The company is up 9.0% from its price of US$97.20 on 05 November 2020. The British market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Interactive Media and Services industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$133 per share.Is New 90 Day High Low • Dec 30New 90-day low: US$77.15The company is down 6.0% from its price of US$82.35 on 01 October 2020. The British market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$122 per share.株主還元0VVYGB Interactive Media and ServicesGB 市場7D-4.4%-1.5%1.5%1Y-35.8%-41.5%19.4%株主還元を見る業界別リターン: 0VVY過去 1 年間で-41.5 % の収益を上げたUK Interactive Media and Services業界を上回りました。リターン対市場: 0VVYは、過去 1 年間で19.4 % のリターンを上げたUK市場を下回りました。価格変動Is 0VVY's price volatile compared to industry and market?0VVY volatility0VVY Average Weekly Movement4.1%Interactive Media and Services Industry Average Movement4.8%Market Average Movement5.7%10% most volatile stocks in GB Market12.0%10% least volatile stocks in GB Market3.1%安定した株価: 0VVY 、 UK市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 0VVYの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20055,421Ting Lijoyy.sg株式会社JOYYは、子会社とともにソーシャルプロダクツマトリックスとコミュニケーションテクノロジーの提供に従事している。BIGO」と「その他」の2つのセグメントで事業を展開している。ソーシャルライブストリーミングプラットフォーム「BIGO Live」を運営し、ユーザーがライブストリーミングセッションを主催・視聴したり、人生の瞬間を共有したり、才能を披露したり、人々と交流したりできるインタラクティブなオンラインステージを提供している。また、ソーシャル・ネットワーキング・プラットフォームの「Hago」、音声と動画によるマルチユーザー・チャットルームや3Dバーチャル・インタラクティブ・パーティー・ゲームなどのソーシャル機能を統合したカジュアル・ゲームを提供する「Hago」、AIを活用したプログラマティック広告プラットフォームの「Bigo Ads」、ワンストップ・マーケティングとマネタイズ・ソリューションを提供する「Bigo Ads」、スマート・コマース・プラットフォームの「Shopline」も提供している。同社は北米、欧州、中東、東南アジア、および海外で事業を展開している。旧社名はYY Inc.で、2019年12月にJOYY Inc.に社名変更した。JOYY Inc.は2005年に設立され、シンガポールに本社を置いている。もっと見るJOYY Inc. 基礎のまとめJOYY の収益と売上を時価総額と比較するとどうか。0VVY 基礎統計学時価総額US$2.72b収益（TTM）US$221.13m売上高(TTM)US$2.12b12.3xPER（株価収益率1.3xP/Sレシオ0VVY は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計0VVY 損益計算書（TTM）収益US$2.12b売上原価US$1.36b売上総利益US$762.63mその他の費用US$541.51m収益US$221.13m直近の収益報告Dec 31, 2025次回決算日May 25, 2026一株当たり利益（EPS）4.42グロス・マージン35.90%純利益率10.41%有利子負債／自己資本比率0.2%0VVY の長期的なパフォーマンスは？過去の実績と比較を見る配当金7.3%現在の配当利回り90%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 15:09終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋JOYY Inc. 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。33 アナリスト機関Alicia YapBarclaysYanfang JiangBenchmark CompanyLei ZhangBofA Global Research30 その他のアナリストを表示
お知らせ • May 15JOYY Inc. to Report Q1, 2026 Results on May 25, 2026JOYY Inc. announced that they will report Q1, 2026 results After-Market on May 25, 2026
New Risk • May 05New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 90% Cash payout ratio: 125% Dividend yield: 6.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Apr 15Upcoming dividend of US$1.38 per shareEligible shareholders must have bought the stock before 22 April 2026. Payment date: 08 May 2026. Trailing yield: 6.4%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.8%).
Declared Dividend • Mar 16Fourth quarter dividend of US$1.38 announcedShareholders will receive a dividend of US$1.38. Ex-date: 22nd April 2026 Payment date: 8th May 2026 Dividend yield will be 6.8%, which is higher than the industry average of 1.6%. Sustainability & Growth The dividend has increased by an average of 21% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to decline by 103% over the next 3 years. Since a fall of 99% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
お知らせ • Mar 11+ 2 more updatesJOYY Inc. Announces Quarterly Cash Dividend for the First Quarter of 2026, Payable on May 8, 2026JOYY Inc. announced that on March 19, 2025, the board of directors authorized a quarterly dividend program from 2025 to 2027, under which a total of approximately USD 600 million in cash will be distributed on a quarterly basis over the three-year period. Accordingly, it is expected that a cash dividend of USD 0.99 per ADS, or USD 0.0495 per common share, will be paid pursuant to this quarterly dividend program. The quarterly cash dividend for the first quarter of 2026 is expected to be paid on May 8, 2026 to shareholders of record as of the close of business on April 22, 2026. The ex-dividend date will be April 22, 2026.
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: US$797 (vs US$2.55 loss in FY 2024)Full year 2025 results: EPS: US$797 (up from US$2.55 loss in FY 2024). Revenue: US$2.12b (down 5.1% from FY 2024). Net income: US$2.10b (up US$2.24b from FY 2024). Profit margin: 99% (up from net loss in FY 2024). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 158% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • May 15JOYY Inc. to Report Q1, 2026 Results on May 25, 2026JOYY Inc. announced that they will report Q1, 2026 results After-Market on May 25, 2026
New Risk • May 05New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 90% Cash payout ratio: 125% Dividend yield: 6.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Apr 15Upcoming dividend of US$1.38 per shareEligible shareholders must have bought the stock before 22 April 2026. Payment date: 08 May 2026. Trailing yield: 6.4%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.8%).
Declared Dividend • Mar 16Fourth quarter dividend of US$1.38 announcedShareholders will receive a dividend of US$1.38. Ex-date: 22nd April 2026 Payment date: 8th May 2026 Dividend yield will be 6.8%, which is higher than the industry average of 1.6%. Sustainability & Growth The dividend has increased by an average of 21% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to decline by 103% over the next 3 years. Since a fall of 99% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
お知らせ • Mar 11+ 2 more updatesJOYY Inc. Announces Quarterly Cash Dividend for the First Quarter of 2026, Payable on May 8, 2026JOYY Inc. announced that on March 19, 2025, the board of directors authorized a quarterly dividend program from 2025 to 2027, under which a total of approximately USD 600 million in cash will be distributed on a quarterly basis over the three-year period. Accordingly, it is expected that a cash dividend of USD 0.99 per ADS, or USD 0.0495 per common share, will be paid pursuant to this quarterly dividend program. The quarterly cash dividend for the first quarter of 2026 is expected to be paid on May 8, 2026 to shareholders of record as of the close of business on April 22, 2026. The ex-dividend date will be April 22, 2026.
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: US$797 (vs US$2.55 loss in FY 2024)Full year 2025 results: EPS: US$797 (up from US$2.55 loss in FY 2024). Revenue: US$2.12b (down 5.1% from FY 2024). Net income: US$2.10b (up US$2.24b from FY 2024). Profit margin: 99% (up from net loss in FY 2024). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 158% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Mar 03JOYY Inc. to Report Q4, 2025 Results on Mar 10, 2026JOYY Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 10, 2026
Upcoming Dividend • Dec 26Upcoming dividend of US$0.96 per shareEligible shareholders must have bought the stock before 02 January 2026. Payment date: 13 January 2026. Trailing yield: 5.9%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (2.3%).
Reported Earnings • Nov 20Third quarter 2025 earnings released: EPS: US$1.21 (vs US$1.06 in 3Q 2024)Third quarter 2025 results: EPS: US$1.21 (up from US$1.06 in 3Q 2024). Revenue: US$540.2m (down 3.3% from 3Q 2024). Net income: US$61.6m (up 2.3% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Nov 20+ 1 more updateJOYY Inc. Declares Dividend on Common Share for the Fourth Quarter of 2025, Expects to Pay on January 13, 2026JOYY Inc. declared a dividend of USD 0.97 per ADS, or USD 0.0483 per common share, for the fourth quarter of 2025, which is expected to be paid on January 13, 2026 to shareholders of record as of the close of business on January 2, 2026. The ex-dividend date will be January 2, 2026.
お知らせ • Nov 13JOYY Inc. to Report Q3, 2025 Results on Nov 19, 2025JOYY Inc. announced that they will report Q3, 2025 results After-Market on Nov 19, 2025
Upcoming Dividend • Sep 15Upcoming dividend of US$0.94 per shareEligible shareholders must have bought the stock before 22 September 2025. Payment date: 10 October 2025. Trailing yield: 6.1%. Within top quartile of British dividend payers (5.5%). Higher than average of industry peers (1.7%).
お知らせ • Aug 27+ 1 more updateJOYY Inc. Provides Earnings Guidance for the Third Quarter of 2025JOYY Inc. provided earnings guidance for the third quarter of 2025. For the period, the company expects net revenues to be between USD 525 million and USD 539 million.
Reported Earnings • Aug 27Second quarter 2025 earnings released: EPS: US$22.91 (vs US$0.87 in 2Q 2024)Second quarter 2025 results: EPS: US$22.91 (up from US$0.87 in 2Q 2024). Revenue: US$507.8m (down 10% from 2Q 2024). Net income: US$60.5m (up 17% from 2Q 2024). Profit margin: 12% (up from 9.2% in 2Q 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • Aug 19JOYY Inc. to Report Q2, 2025 Results on Aug 26, 2025JOYY Inc. announced that they will report Q2, 2025 results After-Market on Aug 26, 2025
Upcoming Dividend • Jun 16Upcoming dividend of US$0.94 per shareEligible shareholders must have bought the stock before 23 June 2025. Payment date: 03 July 2025. Trailing yield: 7.6%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (1.5%).
New Risk • May 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 77% 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 Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings are forecast to decline by an average of 77% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
お知らせ • May 27+ 1 more updateJoyy Inc. Provides Earnings Guidance for the Second Quarter of 2025JOYY Inc. provided earnings guidance for the second quarter of 2025. For the quarter, the company expects net revenues to be between $499 million and $519 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.
お知らせ • May 16JOYY Inc. to Report Q1, 2025 Results on May 26, 2025JOYY Inc. announced that they will report Q1, 2025 results After-Market on May 26, 2025
Reported Earnings • May 01Full year 2024 earnings released: US$2.55 loss per share (vs US$5.31 profit in FY 2023)Full year 2024 results: US$2.55 loss per share (down from US$5.31 profit in FY 2023). Revenue: US$2.24b (down 1.3% from FY 2023). Net loss: US$147.6m (down 143% from profit in FY 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 10Upcoming dividend of US$0.93 per shareEligible shareholders must have bought the stock before 17 April 2025. Payment date: 30 April 2025. Trailing yield: 9.5%. Within top quartile of British dividend payers (6.5%). Higher than average of industry peers (1.5%).
お知らせ • Mar 20JOYY Inc. Announces Goodwill Impairment Charges for the Fourth Quarter Ended December 31, 2024JOYY Inc. announced goodwill impairment charges for the fourth quarter ended December 31, 2024. For the quarter, the company reported the goodwill impairment charges of USD 454,935,000.
Reported Earnings • Mar 20Full year 2024 earnings released: US$2.74 loss per share (vs US$5.31 profit in FY 2023)Full year 2024 results: US$2.74 loss per share (down from US$5.31 profit in FY 2023). Revenue: US$2.24b (down 1.3% from FY 2023). Net loss: US$147.6m (down 143% from profit in FY 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Mar 20+ 1 more updateJoyy Inc. Provides Revenue Guidance for the First Quarter of 2025JOYY Inc. provided revenue guidance for the first quarter of 2025. For the period, the Company expects net revenues to be between USD 482 million and USD 490 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.
お知らせ • Mar 12JOYY Inc. to Report Q4, 2024 Results on Mar 19, 2025JOYY Inc. announced that they will report Q4, 2024 results After-Market on Mar 19, 2025
Reported Earnings • Nov 27Third quarter 2024 earnings released: EPS: US$1.05 (vs US$1.99 in 3Q 2023)Third quarter 2024 results: EPS: US$1.05 (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 3.6% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Nov 27JOYY Inc. Provides Earnings Guidance for the Fourth Quarter of 2024JOYY 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.
お知らせ • Nov 13JOYY Inc. to Report Q3, 2024 Results on Nov 26, 2024JOYY Inc. announced that they will report Q3, 2024 results After-Market on Nov 26, 2024
New Risk • Oct 24New major risk - Revenue and earnings growthEarnings 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 Share price has been highly volatile over the past 3 months (46% average weekly change). Earnings are forecast to decline by an average of 3.4% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
New Risk • Aug 29New major risk - Revenue and earnings growthEarnings 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 Share price has been highly volatile over the past 3 months (46% average weekly change). 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 28Second 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 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Aug 28JOYY Inc. Provides Earnings Guidance Third Quarter of 2024JOYY 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.
お知らせ • Aug 14JOYY Inc. to Report Q2, 2024 Results on Aug 27, 2024JOYY Inc. announced that they will report Q2, 2024 results After-Market on Aug 27, 2024
お知らせ • Aug 04JOYY Inc. Announces CEO ChangesJOYY 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.
お知らせ • May 31Joyy Inc. Provides Earnings Guidance for the Second Quarter of 2024JOYY 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 29First 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 8.6% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • May 19JOYY Inc. to Report Q1, 2024 Results on May 28, 2024JOYY Inc. announced that they will report Q1, 2024 results After-Market on May 28, 2024
Buy Or Sell Opportunity • May 07Now 125% overvaluedThe stock has been flat over the last 90 days, currently trading at US$85.50. The fair value is estimated to be US$38.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are forecast to decline by 12% per annum over the same time period.
Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorates as stock falls 61%After last week's 61% share price decline to US$33.64, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 19x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$14.76 per share.
Reported Earnings • Apr 29Full year 2023 earnings released: EPS: US$5.31 (vs US$1.66 in FY 2022)Full year 2023 results: EPS: US$5.31 (up from US$1.66 in FY 2022). Revenue: US$2.27b (down 6.0% from FY 2022). Net income: US$347.4m (up 191% from FY 2022). Profit margin: 15% (up from 5.0% in FY 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: US$5.71 (vs US$1.66 in FY 2022)Full year 2023 results: EPS: US$5.71 (up from US$1.66 in FY 2022). Revenue: US$2.27b (down 6.0% from FY 2022). Net income: US$347.4m (up 191% from FY 2022). Profit margin: 15% (up from 5.0% in FY 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Mar 08JOYY Inc. to Report Q4, 2023 Results on Mar 18, 2024JOYY Inc. announced that they will report Q4, 2023 results After-Market on Mar 18, 2024
Buying Opportunity • Dec 26Now 59% undervalued after recent price dropOver the last 90 days, the stock is down 54%. The fair value is estimated to be US$95.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.6% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 30Third quarter 2023 earnings released: EPS: US$2.04 (vs US$7.12 in 3Q 2022)Third quarter 2023 results: EPS: US$2.04 (down from US$7.12 in 3Q 2022). Revenue: US$567.1m (down 3.4% from 3Q 2022). Net income: US$123.9m (down 76% from 3Q 2022). Profit margin: 22% (down from 87% in 3Q 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Nov 30JOYY Inc. Provides Earnings Guidance for the Fourth Quarter of 2023JOYY 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.
お知らせ • Nov 21JOYY Inc. to Report Q3, 2023 Results on Nov 29, 2023JOYY Inc. announced that they will report Q3, 2023 results After-Market on Nov 29, 2023
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment deteriorates as stock falls 54%After last week's 54% share price decline to US$39.70, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 47% over the past three years.
Valuation Update With 7 Day Price Move • Sep 25Investor sentiment deteriorates as stock falls 54%After last week's 54% share price decline to US$39.53, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 45% over the past three years.
Buying Opportunity • Sep 25Now 62% undervalued after recent price dropOver the last 90 days, the stock is down 54%. The fair value is estimated to be US$104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings is forecast to decline by 23% per annum over the same time period.
お知らせ • Sep 01JOYY Inc. Declares Dividend for the Second Quarter of 2023, Payable on October 13, 2023The 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.
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: US$45.35 (vs US$0.23 in 2Q 2022)Second quarter 2023 results: EPS: US$45.35 (up from US$0.23 in 2Q 2022). Revenue: US$547.3m (down 8.2% from 2Q 2022). Net income: US$152.5m (up US$136.1m from 2Q 2022). Profit margin: 28% (up from 2.8% in 2Q 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Aug 30JOYY Inc. Provides Revenue Guidance for the Third Quarter of 2023JOYY 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.
Buying Opportunity • Aug 28Now 59% undervalued after recent price dropOver the last 90 days, the stock is down 61%. The fair value is estimated to be US$81.73, 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 has become profitable. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings is forecast to decline by 3.3% per annum over the same time period.
お知らせ • Aug 24JOYY Inc. to Report Q2, 2023 Results on Aug 29, 2023JOYY Inc. announced that they will report Q2, 2023 results After-Market on Aug 29, 2023
Upcoming Dividend • Jun 13Upcoming dividend of US$0.51 per share at 6.9% yieldEligible 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 British dividend payers (5.8%). Higher than average of industry peers (1.8%).
Reported Earnings • Jun 01First 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 8.0% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 01+ 1 more updateJOYY Inc. Provides Revenue Guidance for the Second Quarter of 2023JOYY Inc. provided revenue guidance for the second quarter of 2023. For the second quarter of 2023, the Company expects net revenues to be between USD 520 million and USD 541 million. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to changes, particularly as to the potential impact from increasing macroeconomic uncertainties.
お知らせ • May 25JOYY Inc. to Report Q1, 2023 Results on May 30, 2023JOYY Inc. announced that they will report Q1, 2023 results After-Market on May 30, 2023
Buying Opportunity • May 09Now 63% undervalued after recent price dropOver the last 90 days, the stock is down 65%. The fair value is estimated to be US$79.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is also forecast to grow by 4.9% per annum over the same time period.
Upcoming Dividend • Apr 05Upcoming dividend of US$0.51 per share at 6.5% yieldEligible shareholders must have bought the stock before 12 April 2023. Payment date: 28 April 2023. Trailing yield: 6.5%. Within top quartile of British dividend payers (5.9%). Higher than average of industry peers (1.8%).
Reported Earnings • Mar 17Full 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 7.3% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Dec 28Now 69% undervalued after recent price dropOver the last 90 days, the stock is down 61%. The fair value is estimated to be US$105, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings is forecast to decline by 51% per annum over the same time period.
Upcoming Dividend • Dec 15Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 22 December 2022. Payment date: 13 January 2023. Trailing yield: 6.0%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (2.0%).
Reported Earnings • Nov 30Third quarter 2022 earnings released: EPS: US$7.12 (vs US$0.068 in 3Q 2021)Third quarter 2022 results: EPS: US$7.12 (up from US$0.068 in 3Q 2021). Revenue: US$586.7m (down 9.8% from 3Q 2021). Net income: US$512.9m (up US$507.6m from 3Q 2021). Profit margin: 87% (up from 0.8% in 3Q 2021). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year.
Board Change • Nov 16Insufficient new directorsNo 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.
Buying Opportunity • Sep 19Now 72% undervalued after recent price dropOver the last 90 days, the stock is down 68%. The fair value is estimated to be US$96.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 8.4% in 2 years. Earnings is forecast to grow by 102% in the next 2 years.
Upcoming Dividend • Sep 14Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 21 September 2022. Payment date: 06 October 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.1%. Within top quartile of British dividend payers (5.5%). Higher than average of industry peers (1.8%).
Reported Earnings • Aug 30Second 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 12% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 15Upcoming dividend of US$0.51 per shareEligible 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 British dividend payers (5.0%). Higher than average of industry peers (2.2%).
Buying Opportunity • Jun 02Now 66% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be US$254, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Jun 02First 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 10% growth forecast for the 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 88 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 02Full year 2021 earnings released: US$1.60 loss per share (vs US$0.48 loss in FY 2020)Full year 2021 results: US$1.60 loss per share (down from US$0.48 loss in FY 2020). Revenue: US$2.62b (up 37% from FY 2020). Net loss: US$125.1m (loss widened 226% from FY 2020). Over the next year, revenue is forecast to grow 9.6%, compared to a 16% growth forecast for the 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 71 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Insufficient new directorsNo 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 • Apr 06Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 13 April 2022. Payment date: 29 April 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.1%. Within top quartile of British dividend payers (4.6%). Higher than average of industry peers (1.7%).
Breakeven Date Change • Mar 17Forecast breakeven date moved forward to 2022The 21 analysts covering JOYY previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$91.1m in 2022. Earnings growth of 78% is required to achieve expected profit on schedule.
Upcoming Dividend • Dec 02Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 09 December 2021. Payment date: 23 December 2021. Trailing yield: 4.0%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.0%).
Reported Earnings • Nov 18Third quarter 2021 earnings released: EPS US$0.067 (vs US$4.20 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$650.5m (down 30% from 3Q 2020). Net income: US$5.29m (down 98% from 3Q 2020). Profit margin: 0.8% (down from 36% in 3Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Sep 02Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 09 September 2021. Payment date: 29 September 2021. Trailing yield: 3.1%. Lower than top quartile of British dividend payers (3.8%). Higher than average of industry peers (1.0%).
Reported Earnings • Aug 19Second quarter 2021 earnings released: US$1.41 loss per share (vs US$1.13 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$661.7m (down 20% from 2Q 2020). Net loss: US$111.7m (down 224% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 10Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 17 June 2021. Payment date: 28 June 2021. Trailing yield: 2.8%. Lower than top quartile of British dividend payers (4.0%). Higher than average of industry peers (1.1%).
Reported Earnings • May 28First quarter 2021 earnings releasedThe company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$643.1m (down 36% from 1Q 2020). Net loss: US$89.7m (down 272% from profit in 1Q 2020).
Reported Earnings • May 03Full year 2020 earnings released: CN¥3.01 loss per share (vs CN¥43.76 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥13.2b (down 48% from FY 2019). Net loss: CN¥240.6m (down 107% from profit in FY 2019).
Upcoming Dividend • Apr 09Upcoming dividend of US$0.51 per shareEligible shareholders must have bought the stock before 16 April 2021. Payment date: 30 April 2021. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (4.3%). Higher than average of industry peers (1.0%).
Reported Earnings • Mar 27Full year 2020 earnings released: CN¥3.01 loss per share (vs CN¥43.76 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥13.2b (down 48% from FY 2019). Net loss: CN¥240.6m (down 107% from profit in FY 2019).
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥122, the stock is trading at a trailing P/E ratio of 17.7x, down from the previous P/E ratio of 20.8x. This compares to an average P/E of 40x in the Interactive Media and Services industry in Europe. Total returns to shareholders over the past year are 117%.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥110, the stock is trading at a trailing P/E ratio of 15.6x, up from the previous P/E ratio of 13.2x. This compares to an average P/E of 37x in the Interactive Media and Services industry in Europe. Total returns to shareholders over the past year are 72%.
Is New 90 Day High Low • Feb 03New 90-day high: US$106The company is up 9.0% from its price of US$97.20 on 05 November 2020. The British market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Interactive Media and Services industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$133 per share.
Is New 90 Day High Low • Dec 30New 90-day low: US$77.15The company is down 6.0% from its price of US$82.35 on 01 October 2020. The British market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$122 per share.
