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HUYA

HUYANYSE:HUYA Stock Report

Market Cap

US$2.0b

7D

-3.2%

1Y

-66.0%

Updated

27 Sep, 2021

Data

Company Financials +
HUYA fundamental analysis
Snowflake Score
Valuation6/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends0/6

HUYA Overview

HUYA Inc., through its subsidiaries, operates game live streaming platforms in the People’s Republic of China.

HUYA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for HUYA
Historical stock prices
Current Share PriceUS$8.42
52 Week HighUS$8.23
52 Week LowUS$36.33
Beta0.72
1 Month Change-18.80%
3 Month Change-52.30%
1 Year Change-66.05%
3 Year Change-62.58%
5 Year Changen/a
Change since IPO-47.57%

Recent News & Updates

Sep 05

HUYA: Cheaply Valued, But Risks Remain

HUYA's shares have been severely impacted by both the overall crackdown by Beijing in big tech and the recent gaming regulations. Growth, in general, has decelerated, though the stock has also become relatively cheap. We are selling puts to go long with an increased margin of safety, though risks remain.

Shareholder Returns

HUYAUS EntertainmentUS Market
7D-3.2%-1.9%0.1%
1Y-66.0%26.7%35.3%

Return vs Industry: HUYA underperformed the US Entertainment industry which returned 26.7% over the past year.

Return vs Market: HUYA underperformed the US Market which returned 35.3% over the past year.

Price Volatility

Is HUYA's price volatile compared to industry and market?
HUYA volatility
HUYA Beta0.72
Industry Beta1.05
Market Beta1

Stable Share Price: HUYA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: HUYA's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20142,075Rongjie Donghttps://www.huya.com

HUYA Inc., through its subsidiaries, operates game live streaming platforms in the People’s Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company’s live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, online theatre, and other genres.

HUYA Fundamentals Summary

How do HUYA's earnings and revenue compare to its market cap?
HUYA fundamental statistics
Market CapCN¥12.77b
Earnings (TTM)CN¥877.96m
Revenue (TTM)CN¥11.37b

14.7x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HUYA income statement (TTM)
RevenueCN¥11.37b
Cost of RevenueCN¥9.06b
Gross ProfitCN¥2.31b
ExpensesCN¥1.44b
EarningsCN¥877.96m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.70
Gross Margin20.34%
Net Profit Margin7.72%
Debt/Equity Ratio0%

How did HUYA perform over the long term?

See historical performance and comparison

Valuation

Is HUYA undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HUYA ($8.34) is trading below our estimate of fair value ($24.26)

Significantly Below Fair Value: HUYA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HUYA is good value based on its PE Ratio (14.6x) compared to the US Entertainment industry average (27.4x).

PE vs Market: HUYA is good value based on its PE Ratio (14.6x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: HUYA is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: HUYA is good value based on its PB Ratio (1.2x) compared to the US Entertainment industry average (4x).


Future Growth

How is HUYA forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

35.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HUYA's forecast earnings growth (35.7% per year) is above the savings rate (2%).

Earnings vs Market: HUYA's earnings (35.7% per year) are forecast to grow faster than the US market (15% per year).

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

Revenue vs Market: HUYA's revenue (11.8% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: HUYA's revenue (11.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HUYA's Return on Equity is forecast to be low in 3 years time (6.6%).


Past Performance

How has HUYA performed over the past 5 years?

57.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HUYA has high quality earnings.

Growing Profit Margin: HUYA's current net profit margins (7.7%) are higher than last year (6.7%).


Past Earnings Growth Analysis

Earnings Trend: HUYA has become profitable over the past 5 years, growing earnings by 57.6% per year.

Accelerating Growth: HUYA's earnings growth over the past year (32.8%) is below its 5-year average (57.6% per year).

Earnings vs Industry: HUYA earnings growth over the past year (32.8%) exceeded the Entertainment industry 10.8%.


Return on Equity

High ROE: HUYA's Return on Equity (8.6%) is considered low.


Financial Health

How is HUYA's financial position?


Financial Position Analysis

Short Term Liabilities: HUYA's short term assets (CN¥11.8B) exceed its short term liabilities (CN¥2.5B).

Long Term Liabilities: HUYA's short term assets (CN¥11.8B) exceed its long term liabilities (CN¥242.2M).


Debt to Equity History and Analysis

Debt Level: HUYA is debt free.

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

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

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


Balance Sheet


Dividend

What is HUYA current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate HUYA'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 HUYA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HUYA'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 HUYA'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?

1.4yrs

Average board tenure


CEO

Rongjie Dong (46 yo)

5.08yrs

Tenure

Mr. Rongjie Dong has been Chief Executive Officer of HUYA Inc., since August 2016 and has been its Director since March 2017. Mr. Dong serves as Chief Executive Officer of Huya Broadcasting at JOYY Inc. (f...


Board Members

Experienced Board: HUYA's board of directors are not considered experienced ( 1.4 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 been diluted in the past year, with total shares outstanding growing by 6.6%.


Top Shareholders

Company Information

HUYA Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: HUYA Inc.
  • Ticker: HUYA
  • Exchange: NYSE
  • Founded: 2014
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: US$1.977b
  • Shares outstanding: 237.10m
  • Website: https://www.huya.com

Number of Employees


Location

  • HUYA Inc.
  • Building A3, E-Park
  • 280 Hanxi Road
  • Guangzhou
  • Guangdong Province
  • 511446
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 22:11
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.