JOYY: Joyy Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Joyy Inc (JOYY).
$2.25B Market Cap.
JOYY Market Cap. (MRY)
JOYY Shares Outstanding (MRY)
JOYY Assets (MRY)
Total Assets
$7.53B
Total Liabilities
$2.74B
Total Investments
$3.03B
JOYY Income (MRY)
Revenue
$2.24B
Net Income
-$146.24M
Operating Expense
$1.22B
JOYY Cash Flow (MRY)
CF Operations
$308.66M
CF Investing
-$210.25M
CF Financing
-$707.83M
JOYY Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $7,527,797,000 (-11.27%) | $8,483,865,000 (-6.48%) | $9,071,653,000 (-0.53%) | $9,120,012,000 (12.66%) |
Assets Current | $2,556,281,000 (-37.23%) | $4,072,640,000 (-12.32%) | $4,644,649,000 (-8.40%) | $5,070,322,000 (29.96%) |
Assets Non-Current | $4,971,516,000 (12.70%) | $4,411,225,000 (-0.36%) | $4,427,004,000 (9.32%) | $4,049,690,000 (-3.43%) |
Goodwill & Intangible Assets | $2,774,696,000 (-15.89%) | $3,299,066,000 (-2.33%) | $3,377,612,000 (27.92%) | $2,640,397,000 (6.68%) |
Shareholders Equity | $4,711,990,000 (-8.62%) | $5,156,686,000 (-0.42%) | $5,178,217,000 (-6.33%) | $5,528,328,000 (-11.34%) |
Property Plant & Equipment Net | $520,180,000 (23.60%) | $420,854,000 (11.81%) | $376,397,000 (-1.46%) | $381,957,000 (-9.75%) |
Cash & Equivalents | $816,093,000 (-41.00%) | $1,383,206,000 (-8.87%) | $1,517,819,000 (-28.88%) | $2,134,207,000 (21.50%) |
Accumulated Other Comprehensive Income | -$247,615,000 (-25.69%) | -$197,010,000 (-21.43%) | -$162,235,000 (-334.53%) | $69,175,000 (274.51%) |
Deferred Revenue | $79,448,000 (-8.26%) | $86,605,000 (-9.58%) | $95,779,000 (42.25%) | $67,332,000 (-4.31%) |
Total Investments | $3,025,315,000 (1.62%) | $2,976,977,000 (-13.24%) | $3,431,330,000 (-3.98%) | $3,573,481,000 (15.09%) |
Investments Current | $1,370,322,000 (-40.48%) | $2,302,435,000 (-16.91%) | $2,770,926,000 (8.62%) | $2,551,026,000 (38.20%) |
Investments Non-Current | $1,654,993,000 (145.35%) | $674,542,000 (2.14%) | $660,404,000 (-35.41%) | $1,022,455,000 (-18.79%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $122,328,000 (-6.41%) | $130,700,000 (10.83%) | $117,927,000 (3.11%) | $114,372,000 (-20.02%) |
Trade & Non-Trade Payables | $84,015,000 (25.86%) | $66,755,000 (19.21%) | $56,000,000 (210.92%) | $18,011,000 (-14.05%) |
Accumulated Retained Earnings (Deficit) | $2,796,745,000 (-5.10%) | $2,947,160,000 (9.76%) | $2,685,063,000 (-1.01%) | $2,712,534,000 (-5.87%) |
Tax Assets | $2,563,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $125,935,000 (-10.08%) | $140,055,000 (-1.62%) | $142,365,000 (39.64%) | $101,952,000 (-1.32%) |
Total Debt | $55,576,000 (-88.62%) | $488,532,000 (-46.17%) | $907,582,000 (-3.54%) | $940,852,000 (2.91%) |
Debt Current | $45,628,000 (-90.29%) | $470,110,000 (-3.03%) | $484,808,000 (4290.98%) | $11,041,000 (-91.30%) |
Debt Non-Current | $9,948,000 (-46.00%) | $18,422,000 (-95.64%) | $422,774,000 (-54.53%) | $929,811,000 (18.09%) |
Total Liabilities | $2,744,306,000 (-13.48%) | $3,171,716,000 (-11.13%) | $3,568,921,000 (2.21%) | $3,491,714,000 (96.01%) |
Liabilities Current | $2,674,092,000 (-13.36%) | $3,086,407,000 (0.48%) | $3,071,684,000 (22.29%) | $2,511,895,000 (166.06%) |
Liabilities Non-Current | $70,214,000 (-17.69%) | $85,309,000 (-82.84%) | $497,237,000 (-49.25%) | $979,819,000 (17.02%) |
JOYY Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $2,237,788,000 (-1.33%) | $2,267,870,000 (-5.96%) | $2,411,516,000 (-7.92%) | $2,619,051,000 (36.54%) |
Cost of Revenue | $1,431,585,000 (-1.60%) | $1,454,842,000 (-6.70%) | $1,559,388,000 (-12.45%) | $1,781,150,000 (29.24%) |
Selling General & Administrative Expense | $485,851,000 (-1.30%) | $492,238,000 (-9.22%) | $542,261,000 (-21.43%) | $690,138,000 (5.84%) |
Research & Development Expense | $278,740,000 (-5.67%) | $295,503,000 (12.87%) | $261,807,000 (-6.42%) | $279,781,000 (-7.61%) |
Operating Expenses | $1,217,883,000 (53.40%) | $793,918,000 (-3.05%) | $818,898,000 (-15.57%) | $969,919,000 (1.58%) |
Interest Expense | $4,847,000 (-53.48%) | $10,420,000 (-18.40%) | $12,770,000 (-11.78%) | $14,475,000 (-80.84%) |
Income Tax Expense | $13,485,000 (-28.48%) | $18,856,000 (-45.46%) | $34,575,000 (34.30%) | $25,745,000 (-7.48%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | -$35,567,000 (0%) |
Consolidated Income | -$242,638,000 (-189.07%) | $272,418,000 (168.21%) | $101,568,000 (208.07%) | -$93,984,000 (-106.81%) |
Net Income to Non-Controlling Interests | -$96,402,000 (-227.92%) | -$29,398,000 (-7.59%) | -$27,323,000 (-99.57%) | -$13,691,000 (-296.40%) |
Net Income | -$146,236,000 (-148.45%) | $301,816,000 (134.16%) | $128,891,000 (260.53%) | -$80,293,000 (-105.85%) |
Preferred Dividends Income Statement Impact | $1,388,000 (103.05%) | -$45,535,000 (-583.08%) | $9,426,000 (2.06%) | $9,236,000 (-3.43%) |
Net Income Common Stock | -$147,624,000 (-142.50%) | $347,351,000 (190.76%) | $119,465,000 (233.44%) | -$89,529,000 (-106.57%) |
Weighted Average Shares | $1,157,854,559 (-11.53%) | $1,308,695,642 (-9.08%) | $1,439,390,191 (-9.97%) | $1,598,855,773 (-1.29%) |
Weighted Average Shares Diluted | $1,157,854,559 (-20.86%) | $1,462,976,544 (-11.09%) | $1,645,448,440 | - |
Earning Before Interest & Taxes (EBIT) | -$127,904,000 (-138.63%) | $331,092,000 (87.87%) | $176,236,000 (539.79%) | -$40,073,000 (-102.71%) |
Gross Profit | $806,203,000 (-0.84%) | $813,028,000 (-4.59%) | $852,128,000 (1.70%) | $837,901,000 (55.17%) |
Operating Income | -$411,680,000 (-2254.26%) | $19,110,000 (-42.49%) | $33,230,000 (125.17%) | -$132,018,000 (68.18%) |
JOYY Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$210,249,000 (-150.01%) | $420,373,000 (182.38%) | -$510,284,000 (-164.63%) | $789,593,000 (0.90%) |
Net Cash Flow from Financing | -$707,831,000 (15.91%) | -$841,745,000 (-161.49%) | -$321,909,000 (55.51%) | -$723,536,000 (-433.97%) |
Net Cash Flow from Operations | $308,657,000 (4.42%) | $295,579,000 (-6.61%) | $316,494,000 (50.41%) | $210,416,000 (-57.50%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$609,423,000 (-384.46%) | -$125,793,000 (75.61%) | -$515,699,000 (-286.53%) | $276,473,000 (-75.79%) |
Net Cash Flow - Business Acquisitions and Disposals | $71,509,000 (6716.87%) | $1,049,000 (114.55%) | -$7,211,000 (-252.23%) | $4,737,000 (-80.21%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$191,098,000 (-138.46%) | $496,930,000 (215.10%) | -$431,754,000 (34.99%) | -$664,150,000 (-182.34%) |
Capital Expenditure | -$83,776,000 (-7.16%) | -$78,182,000 (-26.69%) | -$61,711,000 (66.02%) | -$181,633,000 (-19.40%) |
Issuance (Repayment) of Debt Securities | -$448,516,000 (-6.89%) | -$419,607,000 (-663.62%) | -$54,950,000 (67.68%) | -$170,001,000 (-843.73%) |
Issuance (Purchase) of Equity Shares | -$259,315,000 (5.26%) | -$273,716,000 (-98.23%) | -$138,079,000 (65.36%) | -$398,637,000 (-275.99%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | -$84,197,000 (42.30%) | -$145,925,000 (8.88%) | -$160,143,000 (-148.06%) |
Effect of Exchange Rate Changes on Cash | $5,789,000 (748.83%) | $682,000 (101.28%) | -$53,233,000 (-238.45%) | $38,448,000 (54.04%) |
Share Based Compensation | $23,200,000 (-27.45%) | $31,979,000 (-27.48%) | $44,096,000 (32.10%) | $33,382,000 (-63.78%) |
Depreciation Amortization & Accretion | $37,090,000 (-37.26%) | $59,117,000 (-39.78%) | $98,175,000 (-15.14%) | $115,695,000 (23.14%) |
JOYY Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 36.00% (0.56%) | 35.80% (1.42%) | 35.30% (10.31%) | 32.00% (13.48%) |
Profit Margin | -6.60% (-143.14%) | 15.30% (206.00%) | 5.00% (247.06%) | -3.40% (-104.78%) |
EBITDA Margin | -4.10% (-123.84%) | 17.20% (50.88%) | 11.40% (293.10%) | 2.90% (-96.46%) |
Return on Average Equity (ROAE) | -2.90% (-142.65%) | 6.80% (209.09%) | 2.20% (237.50%) | -1.60% (-107.11%) |
Return on Average Assets (ROAA) | -1.80% (-145.00%) | 4.00% (207.69%) | 1.30% (230.00%) | -1.00% (-105.99%) |
Return on Sales (ROS) | -5.70% (-139.04%) | 14.60% (100.00%) | 7.30% (586.67%) | -1.50% (-101.95%) |
Return on Invested Capital (ROIC) | -9.40% (-139.50%) | 23.80% (230.56%) | 7.20% (523.53%) | -1.70% (-104.93%) |
Dividend Yield | 0% (0%) | 3.10% (-52.31%) | 6.50% (44.44%) | 4.50% (350.00%) |
Price to Earnings Ratio (P/E) | -16.1 (-318.93%) | 7.35 (-62.76%) | 19.74 (152.15%) | -37.86 (-904.63%) |
Price to Sales Ratio (P/S) | 1.08 (-5.41%) | 1.15 (21.42%) | 0.94 (-32.01%) | 1.39 (-58.93%) |
Price to Book Ratio (P/B) | 0.48 (2.14%) | 0.47 (8.33%) | 0.43 (-34.25%) | 0.66 (-36.77%) |
Debt to Equity Ratio (D/E) | 0.58 (-5.37%) | 0.61 (-10.74%) | 0.69 (9.02%) | 0.63 (120.98%) |
Earnings Per Share (EPS) | -2.6 (-148.15%) | 5.4 (237.50%) | 1.6 (233.33%) | -1.2 (-107.06%) |
Sales Per Share (SPS) | 38.65 (11.53%) | 34.66 (3.44%) | 33.51 (2.27%) | 32.76 (38.32%) |
Free Cash Flow Per Share (FCFPS) | 3.88 (16.92%) | 3.32 (-6.16%) | 3.54 (883.33%) | 0.36 (-91.50%) |
Book Value Per Share (BVPS) | 81.39 (3.28%) | 78.81 (9.53%) | 71.95 (4.04%) | 69.15 (-10.18%) |
Tangible Assets Book Value Per Share (TABVPS) | 82.1 (3.62%) | 79.24 (0.15%) | 79.12 (-2.39%) | 81.05 (16.80%) |
Enterprise Value Over EBIT (EV/EBIT) | -11 (-375.00%) | 4 (-55.56%) | 9 (124.32%) | -37 (-1025.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -16 (-557.84%) | 3.49 (-41.05%) | 5.93 (-69.38%) | 19.36 (449.19%) |
Asset Turnover | 0.28 (5.32%) | 0.26 (-1.50%) | 0.27 (-4.64%) | 0.28 (19.15%) |
Current Ratio | 0.96 (-27.58%) | 1.32 (-12.70%) | 1.51 (-25.11%) | 2.02 (-51.14%) |
Dividends | $0 (0%) | $1.22 (-40.20%) | $2.04 (0.00%) | $2.04 (148.78%) |
Free Cash Flow (FCF) | $224,881,000 (3.44%) | $217,397,000 (-14.67%) | $254,783,000 (785.19%) | $28,783,000 (-91.61%) |
Enterprise Value (EV) | $1,452,710,606 (6.54%) | $1,363,512,500 (-16.17%) | $1,626,452,550 (11.10%) | $1,463,949,888 (-73.55%) |
Earnings Before Tax (EBT) | -$132,751,000 (-141.40%) | $320,672,000 (96.17%) | $163,466,000 (399.67%) | -$54,548,000 (-103.89%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$90,814,000 (-123.27%) | $390,209,000 (42.20%) | $274,411,000 (262.87%) | $75,622,000 (-95.18%) |
Invested Capital | $1,318,492,000 (9.53%) | $1,203,718,000 (-40.18%) | $2,012,120,000 (-27.47%) | $2,774,365,000 (-27.63%) |
Working Capital | -$117,811,000 (-111.95%) | $986,233,000 (-37.30%) | $1,572,965,000 (-38.52%) | $2,558,427,000 (-13.48%) |
Tangible Asset Value | $4,753,101,000 (-8.33%) | $5,184,799,000 (-8.94%) | $5,694,041,000 (-12.12%) | $6,479,615,000 (15.30%) |
Market Capitalization | $2,252,725,606 (-6.66%) | $2,413,561,500 (7.84%) | $2,237,993,550 (-38.38%) | $3,631,800,888 (-43.93%) |
Average Equity | $5,059,205,750 (-0.64%) | $5,091,617,750 (-4.84%) | $5,350,314,750 (-5.72%) | $5,674,950,750 (-6.31%) |
Average Assets | $8,066,091,250 (-6.37%) | $8,615,078,500 (-4.75%) | $9,044,532,250 (-3.19%) | $9,342,994,250 (14.34%) |
Invested Capital Average | $1,366,766,750 (-1.78%) | $1,391,504,000 (-43.51%) | $2,463,096,250 (5.80%) | $2,328,102,750 (-45.57%) |
Shares | 1,076,571,377 (-11.46%) | 1,215,900,000 (-14.19%) | 1,416,900,000 (-11.38%) | 1,598,855,773 (-1.29%) |