JOYY Inc. JOYY
Last close
—
Market cap
—
52-week range
— - —
No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS1.97
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.12B | $2.24B | $2.27B | $2.41B | $2.62B | $1.92B | $900.7M | $128.8M | $1.78B | $1.18B |
| Cost of revenue | $1.36B | $1.43B | $1.45B | $1.56B | $1.78B | $1.38B | $656.9M | $1.46B | $1.08B | $735.0M |
| Gross profit | $762.6M | $806.2M | $813.0M | $852.1M | $837.9M | $540.0M | $243.8M | $835.8M | $702.1M | $446.6M |
| R&D | $247.1M | $278.7M | $295.5M | $261.8M | $279.8M | $302.8M | $236.5M | $173.4M | $120.2M | $97.3M |
| SG&A | $164.5M | $152.5M | $122.7M | $141.8M | $221.7M | $146.7M | $135.6M | $128.5M | $83.7M | $69.5M |
| Total operating expenses | $709.1M | $1.22B | $787.7M | $818.9M | $969.9M | $954.9M | $776.6M | $469.0M | $310.5M | $225.1M |
| Operating income | $55.8M | -$405.6M | $28.8M | $50.7M | -$106.7M | -$406.8M | -$515.4M | $383.9M | $414.9M | $255.1M |
| Interest expense | $516.0K | $4.8M | $10.4M | $12.8M | $14.5M | $75.6M | $38.1M | $1.3M | $4.9M | $11.7M |
| Pre-tax income | $216.1M | -$227.5M | $288.0M | $634.6M | -$77.6M | $13.7M | -$94.7M | $368.6M | $444.4M | $256.9M |
| Income tax | $16.4M | $13.5M | $18.9M | $34.6M | $25.7M | $27.8M | $20.1M | $69.5M | $63.9M | $40.4M |
| Net income | $2.10B | -$146.2M | $301.8M | $128.9M | -$80.3M | $1.37B | $509.8M | $307.7M | $383.2M | $219.5M |
| EPS, basic | 1.99 | -0.13 | 0.27 | 0.08 | -0.06 | 0.85 | 0.32 | 0.19 | 0.32 | 0.19 |
| EPS, diluted | 1.97 | -0.13 | 0.24 | 0.08 | -0.06 | 0.85 | 0.32 | 0.18 | 0.32 | 0.19 |
| Shares, diluted (wtd. avg.) | $1.07B | $1.16B | $1.46B | $1.65B | $1.56B | $1.60B | $1.54B | $1.29B | $1.22B | $1.22B |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $374.2M | $444.8M | $1.06B | $1.21B | $2.13B | $1.79B | $482.7M | $862.5M | $526.1M | $242.8M |
| Short-term investments | $613.7M | $288.6M | $274.8M | $362.6M | $946.5M | $489.1M | $807.6M | $142.4M | $19.1M | $540.3M |
| Receivables | $154.4M | $121.9M | $130.7M | $117.9M | $114.4M | $143.0M | $95.8M | $28.9M | $23.7M | $24.4M |
| Inventory | — | — | — | — | — | — | — | $0 | $48.0K | $326.0K |
| Total current assets | $1.62B | $2.56B | $4.07B | $4.64B | $5.07B | $3.90B | $4.14B | $2.40B | $1.56B | $844.5M |
| Property, plant and equipment | $565.1M | $499.7M | $390.7M | $343.2M | $365.4M | $401.7M | $324.1M | $188.5M | $156.3M | $120.8M |
| Goodwill | $2.19B | $2.19B | $2.65B | $2.65B | $1.96B | $1.87B | $1.86B | $1.7M | $1.8M | $2.1M |
| Other intangibles | $222.0M | $277.3M | $333.7M | $398.3M | $312.1M | $344.2M | $456.8M | $10.9M | $5.8M | $8.5M |
| Total assets | $7.55B | $7.53B | $8.48B | $9.07B | $9.12B | $8.09B | $7.50B | $3.75B | $2.22B | $1.41B |
| Accounts payable | $71.6M | $84.0M | $66.8M | $56.0M | $18.0M | $21.0M | $17.9M | $16.7M | $11.7M | $19.7M |
| Short-term debt | $10.7M | $34.9M | $52.1M | $37.3M | $0 | $112.5M | $80.0M | $0 | $90.4M | — |
| Total current liabilities | $874.0M | $2.67B | $3.09B | $3.07B | $2.51B | $944.1M | $1.10B | $560.4M | $483.5M | $675.6M |
| Total liabilities | $950.5M | $2.74B | $3.17B | $3.57B | $3.49B | $1.78B | $1.91B | $577.7M | $495.0M | $680.4M |
| Retained earnings | $4.70B | $2.80B | $2.95B | $2.69B | $2.71B | $2.88B | $1.48B | $1.01B | $802.0M | $393.0M |
| Total equity | $6.54B | $4.71B | $5.29B | $5.41B | $5.56B | $6.24B | $5.51B | $3.11B | $1.63B | $726.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $302.3M | $308.7M | $295.6M | $316.5M | $210.4M | $495.1M | $666.1M | $649.4M | $571.5M | $348.7M |
| Depreciation and amortisation | $29.1M | $25.4M | $46.6M | $83.4M | $108.7M | $77.5M | $40.0M | $22.0M | $27.2M | $25.0M |
| Stock-based compensation | $25.8M | $23.2M | $32.0M | $44.1M | $33.4M | $92.2M | $76.4M | $94.3M | $39.6M | $22.7M |
| Capital expenditure | $143.1M | $83.7M | $81.6M | $69.0M | $70.8M | $151.0M | $123.9M | $48.6M | $61.1M | $23.4M |
| Investing cash flow | -$456.1M | -$210.2M | $420.4M | -$510.3M | $789.6M | $782.5M | -$2.27B | -$915.6M | -$620.6M | -$256.8M |
| Financing cash flow | -$288.3M | -$707.8M | -$841.7M | -$321.9M | -$723.5M | -$135.5M | $1.37B | $606.1M | $214.0M | $1.5M |
| Dividends paid | $155.5M | $0 | $84.2M | $145.9M | $160.1M | $64.6M | $0 | — | — | — |
| Buybacks | $132.8M | $259.4M | $273.9M | $138.1M | $398.6M | $106.0M | $24.4M | — | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-049917.
Others in SIC 7374
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| ADP | AUTOMATIC DATA PROCESSING INC | $110.29B | 25.4x | 6.7% |
| WDAY | Workday, Inc. | $48.00B | 75.6x | 13.1% |
| RDDT | Reddit, Inc. | $29.71B | 59.0x | 69.4% |
| VRSK | Verisk Analytics, Inc. | $24.34B | 28.7x | 6.6% |
| TOST | Toast, Inc. | $19.62B | 60.6x | 24.1% |
| APLD | Applied Digital Corp. | $7.69B | — | 167.5% |
| HNGE | Hinge Health, Inc. | $7.29B | — | 50.6% |
| RNG | RingCentral, Inc. | $6.17B | 152.9x | 4.8% |