JOYY Inc., through its subsidiaries, operates a social media platform in the People’s Republic of China and internationally. More Details
Excellent balance sheet with high growth potential.
Share Price & News
How has JOYY's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: YY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: YY's weekly volatility (8%) has been stable over the past year.
7 Day Return
US Interactive Media and Services
1 Year Return
US Interactive Media and Services
Return vs Industry: YY underperformed the US Interactive Media and Services industry which returned 65.4% over the past year.
Return vs Market: YY exceeded the US Market which returned 50.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is JOYY's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StAnalyst Forecasts Just Got A Lot More Bearish On JOYY Inc. (NASDAQ:YY)
1 month ago | Simply Wall StEstimating The Fair Value Of JOYY Inc. (NASDAQ:YY)
2 months ago | Simply Wall StIs JOYY Inc. (NASDAQ:YY) An Attractive Dividend Stock?
Is JOYY undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: YY ($87.75) is trading above our estimate of fair value ($18.29)
Significantly Below Fair Value: YY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: YY is unprofitable, so we can't compare its PE Ratio to the US Interactive Media and Services industry average.
PE vs Market: YY is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate YY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: YY is good value based on its PB Ratio (1.1x) compared to the US Interactive Media and Services industry average (4.1x).
How is JOYY forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: YY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: YY is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: YY's is expected to become profitable in the next 3 years.
Revenue vs Market: YY's revenue (24% per year) is forecast to grow faster than the US market (9.1% per year).
High Growth Revenue: YY's revenue (24% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: YY's Return on Equity is forecast to be low in 3 years time (2.4%).
How has JOYY performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: YY is currently unprofitable.
Growing Profit Margin: YY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: YY is unprofitable, but has reduced losses over the past 5 years at a rate of 3.2% per year.
Accelerating Growth: Unable to compare YY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: YY is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (8.9%).
Return on Equity
High ROE: YY has a negative Return on Equity (-0.47%), as it is currently unprofitable.
How is JOYY's financial position?
Financial Position Analysis
Short Term Liabilities: YY's short term assets (CN¥25.5B) exceed its short term liabilities (CN¥6.2B).
Long Term Liabilities: YY's short term assets (CN¥25.5B) exceed its long term liabilities (CN¥5.9B).
Debt to Equity History and Analysis
Debt Level: YY's debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: YY's debt to equity ratio has reduced from 79.1% to 14.3% over the past 5 years.
Debt Coverage: YY's debt is well covered by operating cash flow (58.8%).
Interest Coverage: Insufficient data to determine if YY's interest payments on its debt are well covered by EBIT.
What is JOYY current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: YY's dividend (2.32%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: YY's dividend (2.32%) is low compared to the top 25% of dividend payers in the US market (3.41%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether YY's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if YY's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: YY is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: YY's dividends in 3 years are forecast to be well covered by earnings (37.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Li (47 yo)
Mr. Xueling Li, also known as David, is a Co-Founder of JOYY Inc. (formerly known as YY Inc.) and has been its Chief Executive Officer since April 2019 and served as its Acting Chief Executive Officer sinc...
Experienced Management: YY's management team is considered experienced (4 years average tenure).
Experienced Board: YY's board of directors are considered experienced (8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
JOYY Inc.'s company bio, employee growth, exchange listings and data sources
- Name: JOYY Inc.
- Ticker: YY
- Exchange: NasdaqGS
- Founded: 2005
- Industry: Interactive Media and Services
- Sector: Media
- Market Cap: US$6.863b
- Shares outstanding: 78.21m
- Website: https://www.huanju.cn
Number of Employees
- JOYY Inc.
- Building B-1
- North Block of Wanda Plaza
- Guangdong Province
JOYY Inc., through its subsidiaries, operates a social media platform in the People’s Republic of China and internationally. The company operates live streaming platforms, including YY Live, an interactive...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/08 15:44|
|End of Day Share Price||2021/05/07 00:00|
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.