JOYY Inc.

JOYY Inc.

YY
JOYY Inc.US flagNASDAQ Global Select
41.55
USD
-1.08
- -
2.14BMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
4.35
5.36
10.28
16.15
20.96
29.94
1.88
11.66
23.97
35.56
33.51
693.17
38.65
29.64
Basic EPS, GAAP
-15.36
1.4
2.98
2.83
3.89
6.49
3.89
6.48
17.04
-1.22
1.66
106.17
-2.55
-3.41
Free Cash Flow per Basic Share
1.56
2.41
3.08
4.25
5.59
8.53
9.59
6.93
4.28
0.35
3.44
65.28
3.87
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.81
2.17
2.03
25.73
- -
- -
Book Value per Share
-6.95
-2.57
0.49
3.31
6.97
13.47
15.69
19.01
36.02
36.83
37.31
900.8
48.31
- -
Tangible Book Value per Share
6.9
5.46
7.37
8.07
7.94
22.8
44.28
38.22
47.07
39.68
28.26
608.53
34.29
- -
Basic Weighted Avg Shares
30
56
58
56
56
59
64
77
80
74
72
3
58
56
Sales/Revenue/Turnover
131
301
593
908
1,181
1,776
121
901
1,918
2,619
2,412
2,268
2,238
1,673
Operating Margin (%)
12.55
26.11
29.33
20
20.54
22.97
-151.3
-58.52
-21.21
-4.26
2.72
1.54
2.13
3.37
Depreciation Expense
5
8
13
29
40
37
18
153
203
183
163
132
103
- -
Net Income, GAAP
14
79
172
159
219
385
321
510
1,373
-80
129
302
-146
-192
Effective Tax Rate (%)
24.6
15.9
12.7
15.34
15.73
14.38
12
- -
203.74
- -
5.45
6.55
- -
16.84
Profit Margin (%)
10.87
26.2
28.94
17.52
18.58
21.67
266.31
56.6
71.57
-3.07
5.34
13.31
-6.53
-11.45
Working Capital
194
280
699
346
169
1,070
1,837
3,025
2,957
2,558
1,573
986
-118
-860
LT Debt
- -
- -
395
396
- -
1
- -
729
787
930
423
18
10
- -
Total Equity
212
311
498
500
728
1,641
3,108
5,491
6,241
5,562
5,411
5,290
4,760
- -
Return on Invested Capital (%)
7.68
24.3
24.82
17.01
19.9
24.06
-6.53
- -
6.15
- -
0.94
0.52
- -
0.86
Return on Capital (%)
-14.1
-44.48
129.01
35.23
33.59
45.9
28.86
- -
37.56
- -
4.48
9.22
- -
13.56
Return on Common Equity (%)
- -
- -
- -
148.73
75.82
64.57
27.64
40.45
62.68
-3.2
4.43
12.33
-5.14
-12.87

Capital Structure

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
66
46
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
12
10
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,077
1,041
- -
Market Capitalization
11,510
18,119
17,202

Working Capital

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
3,287
2,556
- -
Cash, Cash Equivalents & STI
2,465
1,794
- -
Accounts Receivable, Net
129
122
- -
Inventories
- -
- -
- -
Total Current Liabilities
2,696
2,674
860
Payables & Accruals
2,553
640
- -
ST Debt
66
46
- -
Deferred Revenue
77
71
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
32.53%
-2.44%
-10.02%
Free Cash Flow
86.66%
146.19%
4.96%
Net Income, GAAP
-6.32%
-42.28%
-148.45%
Sales/Revenue/Turnover
82.16%
26.86%
-1.33%
Total Cash Common Dividend
- -
-123.24%
-101.07%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
584
547
567
570
2,268
2024
565
565
559
549
2,238
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.36
2.27
1.99
14.7
106.17
2024
0.73
0.87
1.06
- -
-2.55
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
25.73
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Ting Li
Full Time Employees
7,449
Sector
Communication Services
Industry
Internet Content & Information
Address
30 Pasir Panjang Road Singapore Singapore 117440
IPO Date
Nov 21, 2012
Website
joyy.sg
Business
JOYY Inc. is a global technology company specializing in social media and digital entertainment. The company operates a social product matrix and communication technology through two main segments: BIGO and All Other. Its core platforms include Bigo Live, a social live streaming service enabling users to host and watch live interactive shows; Likee, a short video platform offering video creation tools and personalized feeds; and imo, an instant messaging app providing audio and video communication services. JOYY’s product portfolio focuses on live streaming, short video content, and social communication technologies. Founded in 2005 and headquartered in Singapore, JOYY operates globally with a strategic focus on expanding its footprint across Southeast Asia and other emerging markets. In recent years, the company has shifted its business strategy by divesting its Chinese domestic live streaming operations in early 2025 for approximately $2.1 billion, pivoting towards global expansion. This move supports a stronger emphasis on its international platforms, particularly Bigo, and diversifies its revenue sources. JOYY has also initiated a quarterly dividend policy and a share repurchase program of up to $300 million to enhance shareholder value. Technologically, JOYY invests heavily in research and development, focusing on artificial intelligence and machine learning to improve content recommendation algorithms, platform safety, and user engagement. Its 2024 R&D expenditure reached around $243 million, targeting innovations in live streaming capabilities and exploring new technologies such as VR/AR for immersive social experiences. Additionally, JOYY has reported growing advertising revenue driven by enhanced ad tech capabilities and synergies between its livestreaming and advertising businesses. JOYY reported total revenues of approximately $2.24 billion in 2024 with the BIGO segment generating nearly $2 billion, highlighting its dominance in the social entertainment market. The company’s strategic priorities include accelerating user base growth, expanding advertising technology operations, and enhancing its global operational infrastructure to build a diversified, high-growth technology enterprise. In summary, JOYY Inc. is a Singapore-headquartered global technology company focused on social live streaming, short video platforms, and instant messaging services. It has recently restructured by divesting its Chinese live streaming business to accelerate its international expansion, while continuing to invest in AI-driven innovation and advertising technology to drive sustainable growth and shareholder returns.

Company News

APIChat
  • JOYY Inc: Getting Back On Track Although Pitfalls Remain

  • JOYY: Mediocre Earnings And Blockbuster Value Plan

  • JOYY Inc.: Positive About Outlook Surprise And Generous Returns

  • JOYY Inc. (JOYY) Q1 2026 Earnings Call Transcript

  • JOYY Q1 Earnings Call Highlights

  • JOYY Reports First Quarter 2026 Financial Results: Total Revenue Up 12.4% YoY, Substantially Expanding Shareholder Returns

  • JOYY Reports First Quarter 2026 Unaudited Financial Results

  • JOYY to Announce First Quarter 2026 Financial Results on May 25, 2026

  • JOYY Inc. Filed 2025 Annual Report on Form 20-F

  • JOYY: A 'Buy' On Above-Expectations Results And Guidance

  • JOYY Inc. (JOYY) Q4 2025 Earnings Call Transcript

  • JOYY Reports Fourth Quarter and FY2025 Financial Results: Q4 Revenue Returns to YoY Growth, BIGO Ads Momentum Continues, Delivering Strong Shareholder Returns

  • JOYY Reports Fourth Quarter and Full Year 2025 Unaudited Financial Results

  • JOYY to Announce Fourth Quarter and Full Year 2025 Financial Results on March 10, 2026

  • JOYY (JOYY) Upgraded to Strong Buy: Here's What You Should Know

  • JOYY (NASDAQ:YY) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

  • New Strong Buy Stocks for Dec. 15: JOYY, VRT, and More

  • JOYY: Growth In Bigo Unit May Drive Re-Rating

  • JOYY Inc. (JOYY) Q3 2025 Earnings Call Transcript

  • JOYY Reports Third Quarter 2025 Financial Results: Ad Revenue up 29.2% YoY, Livestreaming Revenue up Two Quarters Running