Financials HUYA Inc.

Equities

HUYA

US44852D1081

Internet Services

Market Closed - Nyse 04:00:02 2024-05-01 pm EDT 5-day change 1st Jan Change
4.59 USD +2.23% Intraday chart for HUYA Inc. -0.43% +25.41%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 27,358 30,599 10,462 6,525 6,181 7,567 - -
Enterprise Value (EV) 1 17,281 20,124 -496.6 -3,152 6,181 2,720 2,421 2,781
P/E ratio 61.9 x 35.1 x 18.3 x -13.5 x -30.9 x 49.2 x 25.7 x 16.7 x
Yield - - - - - - - -
Capitalization / Revenue 3.27 x 2.8 x 0.92 x 0.71 x 0.88 x 1.11 x 1.02 x 1.01 x
EV / Revenue 2.06 x 1.84 x -0.04 x -0.34 x 0.88 x 0.4 x 0.33 x 0.37 x
EV / EBITDA 28.5 x 16.3 x -1.42 x 6.73 x - -20.2 x 54.1 x 6.86 x
EV / FCF 9.17 x 17 x -2.16 x 5.24 x - -23.5 x 6.67 x 7.37 x
FCF Yield 10.9% 5.89% -46.2% 19.1% - -4.25% 15% 13.6%
Price to Book 3.16 x 3.53 x 1 x 0.6 x - 0.79 x 0.77 x 0.77 x
Nbr of stocks (in thousands) 218,927 235,298 237,332 239,490 237,932 227,697 - -
Reference price 2 125.0 130.0 44.08 27.24 25.98 33.23 33.23 33.23
Announcement Date 3/16/20 3/23/21 3/22/22 3/21/23 3/19/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,375 10,914 11,351 9,220 6,994 6,815 7,408 7,456
EBITDA 1 605.7 1,236 348.6 -468.6 - -134.6 44.75 405.5
EBIT 1 543.1 1,133 259.5 -550 -341.8 -182.5 21.59 14.15
Operating Margin 6.49% 10.38% 2.29% -5.96% -4.89% -2.68% 0.29% 0.19%
Earnings before Tax (EBT) 1 567 1,033 259.5 -458.3 -191.3 146.9 360.2 388.5
Net income 1 468.2 884.2 583.5 -486.7 -204.5 136.7 285.4 410.5
Net margin 5.59% 8.1% 5.14% -5.28% -2.92% 2.01% 3.85% 5.5%
EPS 2 2.020 3.710 2.410 -2.020 -0.8400 0.6759 1.294 1.989
Free Cash Flow 1 1,884 1,186 229.4 -602 - -115.7 362.8 377.5
FCF margin 22.5% 10.86% 2.02% -6.53% - -1.7% 4.9% 5.06%
FCF Conversion (EBITDA) 311.1% 95.93% 65.79% - - - 810.77% 93.08%
FCF Conversion (Net income) 402.46% 134.11% 39.31% - - - 127.13% 91.97%
Dividend per Share 2 - - - - - - - -
Announcement Date 3/16/20 3/23/21 3/22/22 3/21/23 3/19/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 2,976 2,809 2,465 2,275 2,379 2,102 1,949 1,821 1,648 1,530 1,490 1,593 1,681 1,791
EBITDA 108.8 -431.6 - -58.83 - -405.7 - - - - - - - -
EBIT 1 154 -386.3 -3.482 -55.88 57.24 -547.9 -10.02 -2.022 -18.3 -315.9 -36.77 -26.25 29.78 -102.4
Operating Margin 5.17% -13.75% -0.14% -2.46% 2.41% -26.06% -0.51% -0.11% -1.11% -20.65% -2.47% -1.65% 1.77% -5.72%
Earnings before Tax (EBT) 186.2 -395.6 6.505 -18.34 79.97 -526.4 46.11 28.78 16.95 -270.5 - - - -
Net income 524.4 -312.7 -3.314 -19.37 60.42 -524.4 44.83 23.19 12.11 -275 - - - -
Net margin 17.62% -11.13% -0.13% -0.85% 2.54% -24.95% 2.3% 1.27% 0.73% -17.97% - - - -
EPS 2 2.170 -1.310 -0.0100 -0.0800 0.0400 -2.160 0.1800 0.0900 0.0500 -1.140 0.2100 0.2600 0.3300 -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/9/21 3/22/22 5/17/22 8/16/22 11/15/22 3/21/23 5/16/23 8/15/23 11/14/23 3/19/24 - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 10,076 10,475 10,959 9,677 - 4,847 5,146 4,786
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 1,884 1,186 229 -602 - -116 363 378
ROE (net income / shareholders' equity) 10.5% 9.58% 5.75% -4.56% - 1.3% 2.66% 3.77%
ROA (Net income/ Total Assets) 5.07% 7.44% 4.55% -3.69% - 0.65% 2.16% 2.73%
Assets 1 9,236 11,889 12,833 13,201 - 21,109 13,203 15,017
Book Value Per Share 2 39.60 36.80 44.10 45.20 - 42.20 43.30 43.30
Cash Flow per Share 2 11.70 5.200 1.350 -1.810 - 1.120 2.520 2.030
Capex 1 61.2 54.4 98.1 165 - 49.3 96.3 48.7
Capex / Sales 0.73% 0.5% 0.86% 1.79% - 0.72% 1.3% 0.65%
Announcement Date 3/16/20 3/23/21 3/22/22 3/21/23 3/19/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
33.23 CNY
Average target price
33.49 CNY
Spread / Average Target
+0.78%
Consensus