HUYA(HUYA)

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HUYA Inc. Sponsored ADR (HUYA) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Zacks Investment Research· 2024-04-23 22:56
HUYA Inc. Sponsored ADR (HUYA) closed the latest trading day at $4.43, indicating a +0.45% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 1.2% for the day. At the same time, the Dow added 0.69%, and the tech-heavy Nasdaq gained 1.59%.The the stock of company has fallen by 1.12% in the past month, leading the Computer and Technology sector's loss of 6.83% and the S&P 500's loss of 4.16%.Investors will be eagerly watching for the performance of HUYA Inc ...
HUYA Inc. to Report First Quarter 2024 Financial Results on Monday, May 13, 2024
Prnewswire· 2024-04-23 10:00
-Earnings Webinar Scheduled for 8:00 a.m. ET on May 13, 2024- GUANGZHOU, China, April 23, 2024 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that it will report its first quarter 2024 unaudited financial results on Monday, May 13, 2024, before the open of U.S. markets. The Company's management will host a Tencent Meeting Webinar at 8:00 a.m. U.S. Eastern Time on May 13, 2024 (8:00 p.m. Beijing/Hong Kong time on May 13, 2024 ...
HUYA Inc. Sponsored ADR (HUYA) Flat As Market Gains: What You Should Know
Zacks Investment Research· 2024-04-16 23:06
HUYA Inc. Sponsored ADR (HUYA) closed the most recent trading day at $4.47, making no change from the previous trading session. This move lagged the S&P 500's daily gain of 0.03%. Meanwhile, the Dow experienced a rise of 0.41%, and the technology-dominated Nasdaq saw an increase of 0.12%.The company's shares have seen a decrease of 5.3% over the last month, not keeping up with the Computer and Technology sector's loss of 0.55% and the S&P 500's loss of 0.9%.Market participants will be closely following the ...
Will HUYA (HUYA) Gain on Rising Earnings Estimates?
Zacks Investment Research· 2024-04-03 17:21
HUYA Inc. Sponsored ADR (HUYA) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate re ...
Are You Looking for a Top Momentum Pick? Why HUYA Inc. Sponsored ADR (HUYA) is a Great Choice
Zacks Investment Research· 2024-04-03 17:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
全年扭亏为盈,加大股东回报
浦银国际证券· 2024-04-02 16:00
浦银国际研究 财务模型更新 | 互联网行业 虎牙(HUYA.US):全年扭亏为盈, 杨子超,CFA 浦 加大股东回报 互联网分析师 银 charles_yang@spdbi.com 国 (852) 2808 6409 考虑到当前监管环境及行业竞争,预计公司 2024 年直播业务收入仍 际 赵丹 将持续下滑。与此同时,公司加大股东回报,宣布派发特别股息 0.66 首席互联网分析师 美元/ADS,或有助于释放公司账面约 14亿美元的现金价值。上调目 dan_zhao@spdbi.com 标价至 4.4 美元,维持“持有”评级。 (852) 2808 6436 财 务 2024年4月2日 业绩略优于预期,全年实现扭亏为盈。公司4Q23收入人民币15.3亿 模 型 元,同比下降27%,略优于市场预期1.6%。其中,直播收入为13.4亿 评级 更 元,同比下降 32%,主要是宏观环境和行业疲软以及公司战略转型所 新 致;平台移动MAU为8,550万,同比持平,季度付费用户同比下降22% 目标价(美元) 4.4 至 430 万;广告和其他收入为 1.9 亿元,同比增长 47%,主要受益于 潜在升幅/降幅 -3% 游戏广告 ...
Margin improvement to continue
Zhao Yin Guo Ji· 2024-03-20 16:00
M N 21 Mar 2024 CMB International Global Markets | Equity Research | Company Update Huya (HUYA US) Margin improvement to continue Target Price US$6.80 Huya delivered upbeat 4Q23 results, with revenue 2% above consensus and adj. (Previous TP US$6.80) NPM at -12.4% (vs. consensus of -13.9%). Looking into FY24E, we suggest to focus Up/Downside +54.5% on its margin improvement and game monetization from more titles cooperation. We Current Price US$4.40 forecast stable topline YoY in FY24E, with advertising & ot ...
HUYA(HUYA) - 2023 Q4 - Earnings Call Transcript
2024-03-19 15:33
HUYA Inc. (NYSE:HUYA) Q4 2023 Earnings Conference Call March 19, 2024 8:00 AM ET Company Participants Hanyu Liu - Investor Relations Ashley Wu - Acting Co-Chief Executive Officer and Vice President of Finance Junhong Huang - Director, Acting Co-Chief Executive Officer and Senior Vice President Conference Call Participants Lei Zhang - Bank of America Securities Yiwen Zhang - China Renaissance Ritchie Sun - HSBC Thomas Chong - Jefferies Hanyu Liu Good day and good evening and thank you for standing by. Welcom ...
HUYA(HUYA) - 2024 Q1 - Quarterly Report
2024-03-19 12:39
Exhibit 99.1 HUYA Inc. Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results and Announces Special Cash Dividend GUANGZHOU, China, March 19, 2024 /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, 2023. Fourth Quarter 2023 Highlights • Total net revenues for the fourth quarter of 2023 were RMB1,529.8 million (US$215.5 mill ...
HUYA(HUYA) - 2023 Q4 - Annual Results
2024-03-19 11:03
Financial Performance - Total net revenues for Q4 2023 were RMB1,529.8 million (US$215.5 million), a decrease of 28.0% from RMB2,119.4 million in Q4 2022[4] - Net loss attributable to HUYA Inc. for Q4 2023 was RMB275.0 million (US$38.7 million), improved from a net loss of RMB562.7 million in Q4 2022[4] - Total net revenues for fiscal year 2023 were RMB6,994.3 million (US$985.1 million), a decline of 24.5% from RMB9,264.4 million in 2022[5] - Net loss attributable to HUYA Inc. for fiscal year 2023 was RMB204.5 million (US$28.8 million), compared to RMB547.7 million in the prior year[8] - Live streaming revenues for Q4 2023 were RMB1,343.5 million (US$189.2 million), down 32.1% from RMB1,975.2 million in Q4 2022[6] - Live streaming revenues for fiscal year 2023 were RMB6,450.8 million (US$908.6 million), down 21.3% from RMB8,195.9 million in the prior year, attributed to a soft macro environment and strategic business adjustments[8] Profitability and Loss - Non-GAAP net income for fiscal year 2023 was RMB119.1 million (US$16.8 million), a significant improvement from a non-GAAP net loss of RMB290.7 million in 2022[5] - Operating loss for fiscal year 2023 was RMB443.6 million (US$62.5 million), an improvement from RMB736.2 million in the prior year[8] - Gross profit increased by 24.7% to RMB815.2 million (US$114.8 million) for fiscal year 2023, with a gross margin of 11.7%, compared to 7.1% in fiscal year 2022[8] - Gross profit for the fourth quarter of 2023 was RMB15,210, compared to a gross loss of RMB267,737 in the fourth quarter of 2022[22] Cash and Assets - The company had cash and cash equivalents totaling RMB9,916.4 million (US$1,396.7 million) as of December 31, 2023, down from RMB10,676.8 million as of September 30, 2023[8] - Cash and cash equivalents decreased from RMB694,091 as of December 31, 2022, to RMB511,973 as of December 31, 2023, a decline of 26.2%[18] - Total current assets decreased by 22.4% from RMB10,500,876 as of December 31, 2022, to RMB8,150,611 as of December 31, 2023[18] - Total liabilities decreased from RMB2,383,609 as of December 31, 2022, to RMB2,299,755 as of December 31, 2023, a reduction of 3.5%[20] - The company’s total shareholders' equity decreased from RMB11,409,391 as of December 31, 2022, to RMB10,624,599 as of December 31, 2023, a decline of 6.9%[20] Shareholder Returns - A special cash dividend of approximately US$150 million was declared for shareholders[5] - A special cash dividend of US$0.66 per ordinary share or ADS has been declared, totaling approximately US$150 million, payable on or around May 24, 2024[9] - The company repurchased US$28.8 million of its shares by the end of 2023[5] - The company authorized a share repurchase program of up to US$100 million, with 9.2 million ADSs repurchased for US$28.8 million as of December 31, 2023[8] Research and Development - Research and development expenses decreased by 15.5% to RMB578.6 million (US$81.5 million) for fiscal year 2023, primarily due to reduced personnel-related expenses[8] - Research and development expenses for the fourth quarter of 2023 were RMB137,001, down from RMB145,149 in the fourth quarter of 2022[22] - Research and development expenses for the twelve months ended December 31, 2023, totaled RMB67,242 million, compared to RMB40,679 million in the previous year, reflecting a growth of 65%[27] Future Outlook - Future outlook indicates a focus on expanding market presence and enhancing product offerings, with continued investment in research and development[30]