Duyuru • May 15
JOYY Inc. to Report Q1, 2026 Results on May 25, 2026 JOYY Inc. announced that they will report Q1, 2026 results After-Market on May 25, 2026 Duyuru • Mar 03
JOYY Inc. to Report Q4, 2025 Results on Mar 10, 2026 JOYY Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 10, 2026 Duyuru • Nov 13
JOYY Inc. to Report Q3, 2025 Results on Nov 19, 2025 JOYY Inc. announced that they will report Q3, 2025 results After-Market on Nov 19, 2025 Duyuru • Aug 19
JOYY Inc. to Report Q2, 2025 Results on Aug 26, 2025 JOYY Inc. announced that they will report Q2, 2025 results After-Market on Aug 26, 2025 Duyuru • May 16
JOYY Inc. to Report Q1, 2025 Results on May 26, 2025 JOYY Inc. announced that they will report Q1, 2025 results After-Market on May 26, 2025 Duyuru • Mar 12
JOYY Inc. to Report Q4, 2024 Results on Mar 19, 2025 JOYY Inc. announced that they will report Q4, 2024 results After-Market on Mar 19, 2025 Duyuru • Nov 27
JOYY Inc. Provides Earnings Guidance for the Fourth Quarter of 2024 JOYY 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. Duyuru • Nov 13
JOYY Inc. to Report Q3, 2024 Results on Nov 26, 2024 JOYY Inc. announced that they will report Q3, 2024 results After-Market on Nov 26, 2024 New Risk • Oct 24
New major risk - Revenue and earnings growth Earnings 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 Risk 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. Reported Earnings • Aug 28
Second 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 9.6% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Duyuru • Aug 28
JOYY Inc. Provides Earnings Guidance Third Quarter of 2024 JOYY 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. Duyuru • Aug 14
JOYY Inc. to Report Q2, 2024 Results on Aug 27, 2024 JOYY Inc. announced that they will report Q2, 2024 results After-Market on Aug 27, 2024 Duyuru • Aug 04
JOYY Inc. Announces CEO Changes JOYY 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. Buy Or Sell Opportunity • Jul 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.1% to €27.80. The fair value is estimated to be €35.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% 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 15% per annum over the same time period. Buy Or Sell Opportunity • Jun 27
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.9% to €27.00. The fair value is estimated to be €34.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% 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 15% per annum over the same time period. Buy Or Sell Opportunity • Jun 03
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.9% to €27.40. The fair value is estimated to be €35.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are forecast to decline by 15% per annum over the same time period. Duyuru • May 31
Joyy Inc. Provides Earnings Guidance for the Second Quarter of 2024 JOYY 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 29
First 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 10.0% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Duyuru • May 19
JOYY Inc. to Report Q1, 2024 Results on May 28, 2024 JOYY Inc. announced that they will report Q1, 2024 results After-Market on May 28, 2024 Reported Earnings • Apr 29
Full 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 9.8% growth forecast for the Interactive Media and Services industry in Europe. 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 26% per year, which means it is significantly lagging earnings. New Risk • Mar 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% 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. Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Reported Earnings • Mar 19
Full 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 9.8% growth forecast for the Interactive Media and Services industry in Europe. 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 33% per year, which means it is significantly lagging earnings. Duyuru • Mar 08
JOYY Inc. to Report Q4, 2023 Results on Mar 18, 2024 JOYY Inc. announced that they will report Q4, 2023 results After-Market on Mar 18, 2024 Reported Earnings • Nov 30
Third 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 10% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Duyuru • Nov 30
JOYY Inc. Provides Earnings Guidance for the Fourth Quarter of 2023 JOYY 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. Duyuru • Nov 21
JOYY Inc. to Report Q3, 2023 Results on Nov 29, 2023 JOYY Inc. announced that they will report Q3, 2023 results After-Market on Nov 29, 2023 Duyuru • Sep 01
JOYY Inc. Declares Dividend for the Second Quarter of 2023, Payable on October 13, 2023 The 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 30
Second 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 8.9% growth forecast for the Interactive Media and Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Duyuru • Aug 30
JOYY Inc. Provides Revenue Guidance for the Third Quarter of 2023 JOYY 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. Duyuru • Aug 24
JOYY Inc. to Report Q2, 2023 Results on Aug 29, 2023 JOYY Inc. announced that they will report Q2, 2023 results After-Market on Aug 29, 2023 Upcoming Dividend • Jun 13
Upcoming dividend of US$0.51 per share at 6.9% yield Eligible 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 German dividend payers (4.7%). Higher than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €26.60, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €47.14 per share. Reported Earnings • Jun 01
First 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 9.8% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Duyuru • May 25
JOYY Inc. to Report Q1, 2023 Results on May 30, 2023 JOYY Inc. announced that they will report Q1, 2023 results After-Market on May 30, 2023 Upcoming Dividend • Apr 05
Upcoming dividend of US$0.51 per share at 6.5% yield Eligible shareholders must have bought the stock before 12 April 2023. Payment date: 28 April 2023. Trailing yield: 6.5%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.0%). Reported Earnings • Mar 17
Full 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 9.2% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 15% share price gain to €34.20, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 35% over the past three years. Upcoming Dividend • Dec 15
Upcoming dividend of US$0.51 per share Eligible shareholders must have bought the stock before 22 December 2022. Payment date: 13 January 2023. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.0%). Reported Earnings • Nov 30
Third 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 10% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors No 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. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improved over the past week After last week's 18% share price gain to €28.50, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 21x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improved over the past week After last week's 16% share price gain to €29.40, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 20x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 37% over the past three years. Upcoming Dividend • Sep 14
Upcoming dividend of US$0.51 per share Eligible 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 German dividend payers (4.8%). Higher than average of industry peers (1.8%). Reported Earnings • Aug 31
Second 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 1.9%, compared to a 12% growth forecast for the Interactive Media and Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 15
Upcoming dividend of US$0.51 per share Eligible 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 German dividend payers (4.5%). Higher than average of industry peers (2.2%). Reported Earnings • Jun 02
First 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 16% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Reported Earnings • May 02
Full 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 25% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Insufficient new directors No 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 06
Upcoming dividend of US$0.51 per share Eligible 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 German dividend payers (3.8%). Higher than average of industry peers (1.7%). Breakeven Date Change • Mar 17
Forecast breakeven date moved forward to 2022 The 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. Buying Opportunity • Mar 16
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 51%. The fair value is estimated to be US$28.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% per annum over the last 3 years. The company became loss making over the last year. Upcoming Dividend • Dec 02
Upcoming dividend of US$0.51 per share Eligible shareholders must have bought the stock before 09 December 2021. Payment date: 23 December 2021. Trailing yield: 4.0%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.0%). Reported Earnings • Nov 18
Third 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 59 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 02
Upcoming dividend of US$0.51 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 29 September 2021. Trailing yield: 3.4%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 19
Second 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 only fallen by 20% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 10
Upcoming dividend of US$0.51 per share Eligible shareholders must have bought the stock before 17 June 2021. Payment date: 28 June 2021. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.1%). Reported Earnings • May 28
First quarter 2021 earnings released The 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). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • May 04
Full year 2020 earnings released: CN¥3.01 loss per share (vs CN¥11.19 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CN¥13.2b (up 112% from FY 2019). Net loss: CN¥240.6m (loss narrowed 72% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 09
Upcoming dividend of US$0.51 per share Eligible shareholders must have bought the stock before 16 April 2021. Payment date: 30 April 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.0%). Reported Earnings • Mar 27
Full 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). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥98.50, the stock is trading at a trailing P/E ratio of 17.7x, down from the previous P/E ratio of 21.9x. This compares to an average P/E of 40x in the Interactive Media and Services industry in Europe. Total return to shareholders over the past three years is a loss of 6.6%. Is New 90 Day High Low • Feb 08
New 90-day high: €98.50 The company is up 21% from its price of €81.50 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €111 per share. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥75.50, the stock is trading at a trailing P/E ratio of 13x, up from the previous P/E ratio of 11.1x. This compares to an average P/E of 37x in the Interactive Media and Services industry in Europe. Total return to shareholders over the past three years is a loss of 32%. Reported Earnings • Nov 19
Third quarter 2020 earnings released: EPS CN¥28.49 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥6.29b (up 36% from 3Q 2019). Net income: CN¥2.29b (up CN¥2.32b from 3Q 2019). Profit margin: 36% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year. Analyst Estimate Surprise Post Earnings • Nov 19
Revenue beats expectations Revenue exceeded analyst estimates by 8.5%. Over the next year, revenue is expected to shrink by 10% compared to a 33% growth forecast for the Interactive Media and Services industry in Germany. Duyuru • Aug 11
Tencent Holdings Limited (SEHK:700) entered into an agreement to acquire additional 13.7% stake in HUYA Inc. (NYSE:HUYA) from JOYY Inc. (NasdaqGS:YY) for $810 million. Tencent Holdings Limited (SEHK:700) entered into an agreement to acquire additional 13.7% stake in HUYA Inc. (NYSE:HUYA) from JOYY Inc. (NasdaqGS:YY) for $810 million on August 10, 2020. Under the terms of transaction, Tencent will acquire 30 million Class B shares of HUYA and the consideration will be paid in cash. In a related transaction, Tencent entered into an agreement to acquire 1 million Class B shares in HUYA from Rongjie Dong and Tencent also made a non binding proposal to acquire DouYu International Holdings Limited on August 10, 2020. The transaction is subject to customary closing conditions. The transaction is expected to close on or before September 9, 2020. Duyuru • Aug 01
JOYY Inc. to Report Q2, 2020 Results on Aug 12, 2020 JOYY Inc. announced that they will report Q2, 2020 results at 5:00 PM, China Standard Time on Aug 12, 2020