NasdaqGS:DOYU

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DouYu International Holdings

Executive Summary

DouYu International Holdings Limited operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming in China. More Details

Rewards

Trading at 19.1% below our estimate of its fair value

Earnings are forecast to grow 43.23% per year

Became profitable this year

Risk Analysis

No risks detected for DOYU from our risk checks.


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has DouYu International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DOYU is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: DOYU's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

3.1%

DOYU

4.7%

US Entertainment

2.8%

US Market


1 Year Return

78.4%

DOYU

35.3%

US Entertainment

19.7%

US Market

Return vs Industry: DOYU exceeded the US Entertainment industry which returned 36.5% over the past year.

Return vs Market: DOYU exceeded the US Market which returned 20.4% over the past year.


Shareholder returns

DOYUIndustryMarket
7 Day3.1%4.7%2.8%
30 Day-4.9%8.2%8.0%
90 Day-14.2%2.9%6.8%
1 Year78.4%78.4%35.8%35.3%22.4%19.7%
3 Yearn/a82.4%78.5%47.3%37.5%
5 Yearn/a101.4%92.3%93.6%72.3%

Long-Term Price Volatility Vs. Market

How volatile is DouYu International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is DouYu International Holdings undervalued compared to its fair value and its price relative to the market?

19.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DOYU ($13.99) is trading below our estimate of fair value ($17.29)

Significantly Below Fair Value: DOYU is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: DOYU is poor value based on its PE Ratio (35.6x) compared to the US Entertainment industry average (26.5x).

PE vs Market: DOYU is poor value based on its PE Ratio (35.6x) compared to the US market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: DOYU is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: DOYU is overvalued based on its PB Ratio (4x) compared to the US Entertainment industry average (3.8x).


Next Steps

Future Growth

How is DouYu International Holdings forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

43.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DOYU's forecast earnings growth (43.2% per year) is above the savings rate (2.2%).

Earnings vs Market: DOYU's earnings (43.2% per year) are forecast to grow faster than the US market (22.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DOYU's revenue (17.9% per year) is forecast to grow faster than the US market (10.2% per year).

High Growth Revenue: DOYU's revenue (17.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DOYU's Return on Equity is forecast to be low in 3 years time (17.8%).


Next Steps

Past Performance

How has DouYu International Holdings performed over the past 5 years?

80.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DOYU has high quality earnings.

Growing Profit Margin: DOYU became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: DOYU has become profitable over the past 5 years, growing earnings by 80.6% per year.

Accelerating Growth: DOYU has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: DOYU has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (33.7%).


Return on Equity

High ROE: DOYU's Return on Equity (10.7%) is considered low.


Next Steps

Financial Health

How is DouYu International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: DOYU's short term assets (CN¥8.6B) exceed its short term liabilities (CN¥2.0B).

Long Term Liabilities: DOYU's short term assets (CN¥8.6B) exceed its long term liabilities (CN¥56.2M).


Debt to Equity History and Analysis

Debt Level: DOYU is debt free.

Reducing Debt: DOYU has not had any debt for past 5 years.

Debt Coverage: DOYU has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: DOYU has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is DouYu International Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DOYU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DOYU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DOYU's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DOYU's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DOYU's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average management tenure


CEO

Shaojie Chen (36 yo)

6.5yrs

Tenure

Mr. Shaojie Chen is Founder of DouYu International Holdings Limited and serves as its Chairman. Mr. Chen has served as DouYu International Holdings Limited’s Director and Chief Executive Officer since May ...


Leadership Team

NamePositionTenureCompensationOwnership
Shaojie Chen
Founder6.5yrsno data14.93%
CN¥ 671.6m
Wenming Zhang
Co-Founder6.5yrsno data3.73%
CN¥ 167.6m
Chao Cheng
Chief Operational Officer6.5yrsno datano data
Mao Mao
IR Directorno datano datano data
Mingming Su
Chief Strategy Officer & Director4.08yrsno datano data
Hao Cao
VP & Director4.08yrsno datano data

6.5yrs

Average Tenure

35yo

Average Age

Experienced Management: DOYU's management team is seasoned and experienced (6.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shaojie Chen
Founder6.5yrsno data14.93%
CN¥ 671.6m
Wenming Zhang
Co-Founder6.5yrsno data3.73%
CN¥ 167.6m
Mingming Su
Chief Strategy Officer & Director4.08yrsno datano data
Hao Cao
VP & Director4.08yrsno datano data
Zhi Yan
Independent Director1.58yrsno datano data
Xuehai Wang
Independent Director1.58yrsno datano data
Xi Cao
Independent Director6yrsno datano data
Zhaoming Chen
Independent Director1.58yrsno datano data
Haiyang Yu
Director2.5yrsno datano data
Song Zhou
Director0.67yrno datano data

2.5yrs

Average Tenure

37yo

Average Age

Experienced Board: DOYU's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

DouYu International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: DouYu International Holdings Limited
  • Ticker: DOYU
  • Exchange: NasdaqGS
  • Founded: 2014
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: US$4.498b
  • Shares outstanding: 321.52m
  • Website: https://www.douyu.com

Number of Employees


Location

  • DouYu International Holdings Limited
  • Optical Valley Software Park
  • Building F4
  • Wuhan
  • Hubei Province
  • 430073
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DOYUNasdaqGS (Nasdaq Global Select)YesSPONSORED ADSUSUSDJul 2019
DY8ADB (Deutsche Boerse AG)YesSPONSORED ADSDEEURJul 2019

Biography

DouYu International Holdings Limited operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming in China. Its platform connects game developers and publisher...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 01:15
End of Day Share Price2020/11/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.