GUANGZHOU, China, April 17, 2025 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (the "SEC") on April 17, 2025. The annual report on Form 20-F can be accessed on the SEC's website at https://www.sec.gov and on the Company's investor relations website at https://ir.huya.com.  The Company will pro ...

Revenue Contribution and Financial Performance - Revenues contributed by the VIE accounted for 96.5%, 95.6%, and 94.1% of total net revenues for the fiscal years 2022, 2023, and 2024, respectively[26]. - The VIE settled a total amount of RMB6,863.4 million, RMB5,530.3 million, and RMB4,622.5 million (US$633.3 million) for services provided by subsidiaries in the years ended December 31, 2022, 2023, and 2024, respectively[38]. - For the year ended December 31, 2024, consolidated third-party revenues amounted to RMB 6,079,115 thousand, a decrease from RMB 6,994,328 thousand in 2023[46]. - The net loss for the year ended December 31, 2024, was RMB 47,955 thousand, compared to a net loss of RMB 204,519 thousand in 2023[46]. - The company reported inter-company revenues of RMB 4,642,018 thousand for the year ended December 31, 2024, down from RMB 5,534,256 thousand in 2023[46]. - VIE service fees charged to the VIE and its subsidiaries were RMB 4,622.5 million for the year ended December 31, 2024, compared to RMB 5,530.3 million in 2023[49]. - The total shareholders' equity as of December 31, 2024, was RMB 7,550,679 thousand, indicating the company's financial health[48]. - The company incurred net losses of RMB 547.7 million, RMB 204.5 million, and RMB 48.0 million (US$6.6 million) in 2022, 2023, and 2024 respectively[116]. Dividend Policy and Cash Management - A special cash dividend of US$0.66 per ordinary share, totaling approximately US$150 million, was declared on March 19, 2024, and another special cash dividend of US$1.08 per ordinary share, totaling approximately US$250 million, was declared on August 13, 2024[40]. - The 2025 Cash Dividend is expected to be approximately US$340 million, with payment anticipated on or around June 30, 2025[40]. - Expected dividends for 2026 and 2027 are anticipated to be no less than US$30 million each year[40]. - HUYA Inc. has established a centralized cash management policy to improve efficiency and security of cash management across its subsidiaries and the VIE[37]. - The ability of HUYA Inc. to pay dividends depends on dividends paid by its subsidiaries in mainland China and service fees from the VIE[34]. - As of December 31, 2023, advances to subsidiaries in mainland China amounted to RMB51.0 million (US$5.2 million)[36]. Regulatory Environment and Risks - The regulatory environment in mainland China poses risks to the enforceability of contractual arrangements with the VIE, potentially affecting financial performance[28]. - The VIE's ability to pay dividends is restricted as HUYA Inc. does not own any equity interest in the VIE[34]. - The company is subject to intensified government regulations in mainland China, which could restrict user traffic and spending on its platform[59]. - The company must maintain compliance with various regulatory requirements, including obtaining necessary licenses, to avoid penalties that could disrupt operations[89]. - The company may face penalties if it fails to obtain or maintain required licenses or approvals, which could disrupt operations and adversely affect financial condition[95]. - The company is subject to new advertising regulations in China, which could impact its relationships with advertisers and result in fines[111]. - The company may face potential penalties from the Chinese government, including revocation of business licenses and fines, which could adversely affect operations[222]. Strategic Transformation and Market Position - The company is undergoing a strategic transformation to expand its presence in the gaming industry, which may impact future profitability[59]. - The company is undertaking a strategic transformation to expand its presence in the game industry with a three-year plan from 2023 to 2025, focusing on game distribution, in-game item sales, and game advertising[79]. - The company aims to increase the proportion of revenues from game-related services and achieve a more balanced revenue mix across the value chain, which may cause volatility in near-term results[80]. - The company is expanding its content offerings beyond gaming to include other entertainment genres, responding to user interests and trends[77]. - The company has made significant investments in technology updates to remain competitive in the live streaming market[196]. User Engagement and Competition - The company faces significant risks related to user engagement and competition, which could adversely affect its business and financial condition[59]. - In 2024, the company experienced a decline in average mobile MAUs and average quarterly paying users compared to 2023[67]. - The company relies on its broadcasters and talent agencies to create high-quality content, and failure to attract or retain them may adversely impact user engagement and financial results[78]. - The company has entered into multi-year cooperation agreements with popular broadcasters, but risks losing them if they breach agreements or choose not to renew[70]. - The company’s profitability is influenced by external factors such as market conditions, regulatory trends, and competition in the live streaming sector[117]. Intellectual Property and Legal Risks - The company faces risks associated with intellectual property infringement claims, which could result in substantial damages and affect its reputation[141]. - The implementation of intellectual property laws in mainland China is evolving, which may not provide adequate protection for the company's rights[175]. - A local court ordered the company to pay RMB20 million in damages for copyright infringement related to a mobile game, although the company successfully appealed the judgment in June 2023[136]. - The company may face legal sanctions, including potential suspension or revocation of operating licenses, due to content displayed on its platform[130]. Financial Condition and Operational Challenges - The company is sensitive to economic conditions, with potential adverse effects from a severe or prolonged downturn in the global or Chinese economy[180]. - The company may experience increased costs and operational challenges as it scales its technology and infrastructure to meet user demands[151]. - The company has limited control over telecommunication service providers, and any significant price increases could adversely affect financial results[162]. - The company relies on third-party services and technologies, which if disrupted, could negatively impact user growth and financial performance[155]. - The company processes transactions through third-party online payment systems, and any security breaches could lead to a decline in user confidence and negatively affect operations[157]. Data Security and Compliance - The company generates and processes a large amount of data, facing challenges related to data security and compliance with privacy laws[189]. - The evolving regulatory environment in mainland China regarding data security may require stricter measures for data protection[190]. - The company has not been involved in any formal investigations on cybersecurity review as of the date of the annual report[192]. - If classified as a critical information infrastructure operator, the company may face additional obligations under cybersecurity laws[192]. Shareholder Influence and Corporate Governance - Tencent holds 95.4% voting power in the company, which may influence shareholder actions and decisions[206]. - Tencent owns more than 50% of the total voting power for the election of directors, classifying the company as a "controlled company" under NYSE regulations[214]. - The company may face challenges in maintaining cooperative relationships with Tencent, which could impact its business operations[212].

GUANGZHOU, China, March 21, 2025 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today provided an update on its ongoing share repurchase program in response to investor inquiry. As previously disclosed, under this program, the Company is authorized to repurchase up to US$100 million of its American depositary shares ("ADSs") or ordinary shares until March 31, 2026. In a show of confidence following the recent fluctuations in its stock price ...

I published my initial investment thesis on HUYA Inc. (NYSE: HUYA ) in August 2024. I argued back then that HUYA’s business transformation, combined with shareholder-friendly capital allocation policies, bodes well for the stock. Since then, HUYA’s stock has had a total returnI am the co-founder and portfolio manager for a multi-family office with a focus on U.S and Asia markets. I have a bachelor's and master's degree in accounting and finance from one of the top programs in the U.S. I am a CFA Charterhold ...

GUANGZHOU, China, March 20, 2025 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that the New York Stock Exchange ("NYSE") has set July 1, 2025 as the ex-dividend date for the Company's cash dividend to be paid in 2025 that was announced on March 18, 2025 as part of the Company's 2025-2027 Dividend Plan. As the cash dividend of US$1.47 per ordinary share, or US$1.47 per American depositary share ("ADS"), exceeds 25% of the Co ...

Hanyu Liu Good day and good evening and thank you for standing by. Welcome to HUYA's Fourth Quarter and Fiscal Year 2024 Earnings Webinar. I'm Hanyu Liu from the HUYA Investor Relations. At this time, all participants are in listen-only mode. Please be advised that today's webinar is being recorded. The company's financial and operational results were issued earlier today and are posted online. You can also view the earnings press release by visiting the IR website at ir. huya. com. A replay of the call wil ...

Exhibit 99.1 "Looking ahead, we will further advance our "AI + Live Streaming" strategy by applying AI large models throughout the entire cycle of live streaming content production, distribution, and consumption. We expect that this will improve broadcasters' content creation efficiency, foster AI-powered digital IP innovation, and facilitate the design of more distinctive virtual streamers. These applications will not only deliver a novel experience for both users and content creators but also drive the li ...

GUANGZHOU, China, March 18, 2025 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights[1] Total net revenues were RMB1,495.8 million (US$204.9 million) for the fourth quarter of 2024, compared with RMB1,529.8 million for the same period of 2023. Game-related services, advertising and other revenues (former ...

-Earnings Webinar Scheduled for 6:00 a.m. ET on March 18, 2025- GUANGZHOU, China, Feb. 25, 2025 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that it will report its fourth quarter and fiscal year 2024 unaudited financial results on Tuesday, March 18, 2025, before the open of U.S. markets. The Company's management will host a Tencent Meeting Webinar at 6:00 a.m. U.S. Eastern Time on March 18, 2025 (6:00 p.m. Beijing/Hong Ko ...

Core Viewpoint - The article emphasizes the importance of value investing and highlights HUYA as a strong candidate for value investors due to its favorable valuation metrics and earnings outlook [1][2][6]. Group 1: Value Investing - Value investing is a popular strategy for identifying undervalued stocks that have potential for profit [2]. - The Zacks Rank and Style Scores system can help investors find stocks with specific traits, particularly in the "Value" category [3]. Group 2: HUYA Stock Analysis - HUYA has a Zacks Rank of 2 (Buy) and an A grade for Value, indicating it is a strong value stock [4]. - The stock's Forward P/E ratio is 9.98, significantly lower than the industry average of 27.07, suggesting it is undervalued [4]. - HUYA's Forward P/E has fluctuated between 7.81 and 131.66 over the past year, with a median of 12.67 [4]. - The P/S ratio for HUYA is 0.98, compared to the industry's average of 2.27, further indicating undervaluation [5]. - These metrics suggest that HUYA is likely being undervalued and has a strong earnings outlook, making it an impressive value stock [6].