JOYY Past Earnings Performance
Past criteria checks 3/6
JOYY's earnings have been declining at an average annual rate of -6.7%, while the Interactive Media and Services industry saw earnings growing at 23.1% annually. Revenues have been growing at an average rate of 5.2% per year. JOYY's return on equity is 6%, and it has net margins of 15.3%.
Key information
-6.7%
Earnings growth rate
-7.8%
EPS growth rate
| Interactive Media and Services Industry Growth | 10.6% |
| Revenue growth rate | 5.2% |
| Return on equity | 6.0% |
| Net Margin | 15.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How JOYY makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,268 | 347 | 516 | 272 |
| 30 Sep 23 | 2,303 | -78 | 532 | 273 |
| 30 Jun 23 | 2,323 | 311 | 553 | 262 |
| 31 Mar 23 | 2,371 | 175 | 559 | 250 |
| 31 Dec 22 | 2,412 | 119 | 566 | 238 |
| 30 Sep 22 | 2,470 | 571 | 550 | 206 |
| 30 Jun 22 | 2,534 | 63 | 555 | 207 |
| 31 Mar 22 | 2,600 | -65 | 647 | 245 |
| 31 Dec 21 | 2,619 | -125 | 690 | 280 |
| 30 Sep 21 | 2,659 | -316 | 801 | 321 |
| 30 Jun 21 | 2,538 | -133 | 825 | 336 |
| 31 Mar 21 | 2,219 | -48 | 727 | 301 |
| 31 Dec 20 | 1,918 | -38 | 652 | 303 |
| 30 Sep 20 | 4,475 | 528 | 887 | 420 |
| 30 Jun 20 | 4,065 | 180 | 840 | 390 |
| 31 Mar 20 | 548 | -640 | 561 | 227 |
| 31 Dec 19 | 901 | -115 | 535 | 237 |
| 30 Sep 19 | 2,336 | 504 | 526 | 243 |
| 30 Jun 19 | 2,886 | 650 | 502 | 241 |
| 31 Mar 19 | 2,577 | 641 | 368 | 201 |
| 31 Dec 18 | 121 | 21 | 124 | 75 |
| 30 Sep 18 | 2,147 | 247 | 271 | 157 |
| 30 Jun 18 | 2,076 | 254 | 258 | 141 |
| 31 Mar 18 | 2,005 | 382 | 240 | 128 |
| 31 Dec 17 | 1,782 | 383 | 190 | 120 |
| 30 Sep 17 | 1,571 | 349 | 189 | 88 |
| 30 Jun 17 | 1,394 | 308 | 147 | 97 |
| 31 Mar 17 | 1,281 | 270 | 137 | 85 |
| 31 Dec 16 | 1,182 | 219 | 136 | 86 |
| 30 Sep 16 | 1,143 | 197 | 104 | 100 |
| 30 Jun 16 | 1,056 | 161 | 108 | 99 |
| 31 Mar 16 | 991 | 157 | 103 | 94 |
| 31 Dec 15 | 908 | 159 | 103 | 76 |
| 30 Sep 15 | 813 | 165 | 90 | 80 |
| 30 Jun 15 | 755 | 190 | 74 | 74 |
| 31 Mar 15 | 671 | 179 | 59 | 76 |
| 31 Dec 14 | 593 | 172 | 52 | 70 |
| 30 Sep 14 | 508 | 144 | 48 | 61 |
| 30 Jun 14 | 419 | 117 | 42 | 50 |
| 31 Mar 14 | 350 | 96 | 41 | 44 |
| 31 Dec 13 | 301 | 79 | 37 | 44 |
| 30 Sep 13 | 241 | 204 | 35 | 39 |
| 30 Jun 13 | 199 | 190 | 34 | 34 |
Quality Earnings: JOYY has a large one-off gain of $128.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: JOYY's current net profit margins (15.3%) are higher than last year (5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: JOYY's earnings have declined by 6.7% per year over the past 5 years.
Accelerating Growth: JOYY's earnings growth over the past year (190.8%) exceeds its 5-year average (-6.7% per year).
Earnings vs Industry: JOYY earnings growth over the past year (190.8%) exceeded the Interactive Media and Services industry 0.3%.
Return on Equity
High ROE: JOYY's Return on Equity (6%) is considered low.