DouYu International Holdings Limited (DOYU) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DOYU SEC filings page.
DouYu International Holdings Limited (DOYU) reported $546.1M in revenue for fiscal year 2025, down 6.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
DouYu’s revenue base has shrunk sharply while cost cuts restored operating break-even without restoring cash generation.
Gross margin rose to12.8% in FY2025 even as revenue fell, indicating improvement without volume growth. SG&A and R&D together fell from$53M to$37M , so the near break-even operating result appears tied partly to a smaller cost base rather than expanding activity.
Assets fell to
FY2025’s
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of DouYu International Holdings Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
DouYu International Holdings Limited has an operating margin of 0.1%, meaning the company retains less than $1 of operating profit per $100 of revenue. This below-average margin results in a low score of 29/100, suggesting thin profitability after operating expenses. This is up from -13.4% the prior year.
DouYu International Holdings Limited's revenue declined 6.7% year-over-year, from $585.1M to $546.1M. This contraction results in a growth score of 5/100.
DouYu International Holdings Limited has a moderate D/E ratio of 0.57. This balance of debt and equity financing earns a leverage score of 58/100.
With a current ratio of 2.33, DouYu International Holdings Limited holds $2.33 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 67/100.
DouYu International Holdings Limited's operations used $7.5M of cash, and capex of $42K added to the outflow, for a free cash flow shortfall of $7.5M. This results in a cash flow score of 20/100.
DouYu International Holdings Limited posts a -1.5% return on equity (ROE), meaning it loses $1 for every $100 of shareholders' equity. This results in a returns score of 28/100. This is up from -7.3% the prior year.
DouYu International Holdings Limited scores 0.54, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($119.8M) relative to total liabilities ($162.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
DouYu International Holdings Limited passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
DouYu International Holdings Limited reported a net loss of $4.2M while operations used $7.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
DouYu International Holdings Limited held $251.6M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
DOYU Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
DOYU Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2410-K | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K | Q4'1910-K |
|---|---|---|---|---|---|---|---|
| Total Assets | $446.1M-40.2% | $746.1M-34.4% | $1.1B-3.7% | $1.2B-7.7% | $1.3B-6.2% | $1.4B+4.9% | $1.3B |
| Current Assets | $376.4M-38.5% | $612.3M-35.0% | $941.6M-8.2% | $1.0B-9.5% | $1.1B-7.9% | $1.2B+0.1% | $1.2B |
| Cash & Equivalents | $251.6M+80.5% | $139.3M-77.7% | $625.4M+6.7% | $586.0M-16.2% | $699.3M-13.6% | $809.2M-30.0% | $1.2B |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $11.1M+65.1% | $6.7M-35.0% | $10.3M-34.6% | $15.8M-47.3% | $30.0M-1.9% | $30.6M+13.8% | $26.9M |
| Long-Term Investments | $54.9M-12.3% | $62.6M+1.9% | $61.4M-20.3% | $77.1M0.0% | $77.1M+0.5% | $76.7M+138.0% | $32.2M |
| Goodwill | N/A | N/A | N/A | $2.0M+0.9% | $2.0M+0.1% | $2.0M-55.2% | $4.4M |
| Total Liabilities | $162.0M-4.4% | $169.4M-13.0% | $194.8M-15.2% | $229.8M-22.9% | $297.9M+0.7% | $295.9M+12.5% | $263.1M |
| Current Liabilities | $161.8M-4.2% | $168.8M-12.9% | $193.8M-14.2% | $226.0M-22.1% | $290.1M+0.6% | $288.6M+12.5% | $256.5M |
| Non-Current Liabilities | $187K-67.7% | $579K-38.7% | $944K-75.1% | $3.8M-51.0% | $7.7M+5.8% | $7.3M+11.1% | $6.6M |
| Total Equity | $284.2M-50.7% | $576.8M-38.8% | $942.2M-0.9% | $951.2M-3.1% | $982.1M-7.6% | $1.1B+2.7% | $1.0B |
| Retained Earnings | -$546.4M-5.2% | -$519.5M-5.8% | -$490.9M+3.8% | -$510.4M+5.6% | -$540.6M-23.2% | -$438.8M+8.3% | -$478.7M |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
DOYU Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
DOYU Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| DouYu International Holdings Limited DOYU | FY2025 | $546.1M | -$4.2M | -0.8% | $119.8M | 35/100 |
| The Arena Group Holdings, Inc. AREN | FY2025 | $134.8M | $124.9M | 92.6% | $53.3M | 44/100 |
| Eventbrite, Inc. EB | FY2025 | $291.8M | -$10.5M | -3.6% | $453.0M | 38/100 |
| Cheetah Mobile Inc. CMCM | FY2025 | $164.5M | -$36.9M | -22.4% | $77.0M | 33/100 |
| TrueCar, Inc. TRUE | FY2024 | $175.6M | -$31.0M | -17.7% | $225.9M | 64/100 |
Where DouYu International Holdings Limited Ranks
Frequently Asked Questions
What is DouYu International Holdings Limited's annual revenue?
DouYu International Holdings Limited (DOYU) reported $546.1M in total revenue for fiscal year 2025. This represents a -6.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is DouYu International Holdings Limited's revenue growing?
DouYu International Holdings Limited (DOYU) revenue declined by 6.7% year-over-year, from $585.1M to $546.1M in fiscal year 2025.
Is DouYu International Holdings Limited profitable?
No, DouYu International Holdings Limited (DOYU) reported a net income of -$4.2M in fiscal year 2025, with a net profit margin of -0.8%.
What is DouYu International Holdings Limited's EBITDA?
DouYu International Holdings Limited (DOYU) had EBITDA of $5.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is DouYu International Holdings Limited's gross margin?
DouYu International Holdings Limited (DOYU) had a gross margin of 12.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is DouYu International Holdings Limited's operating margin?
DouYu International Holdings Limited (DOYU) had an operating margin of 0.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is DouYu International Holdings Limited's net profit margin?
DouYu International Holdings Limited (DOYU) had a net profit margin of -0.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is DouYu International Holdings Limited's return on equity (ROE)?
DouYu International Holdings Limited (DOYU) has a return on equity of -1.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is DouYu International Holdings Limited's free cash flow?
DouYu International Holdings Limited (DOYU) recorded an outflow of $7.5M in free cash flow during fiscal year 2025. This represents a 77.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is DouYu International Holdings Limited's operating cash flow?
DouYu International Holdings Limited (DOYU) recorded an outflow of $7.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are DouYu International Holdings Limited's total assets?
DouYu International Holdings Limited (DOYU) had $446.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are DouYu International Holdings Limited's capital expenditures?
DouYu International Holdings Limited (DOYU) invested $42K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does DouYu International Holdings Limited spend on research and development?
DouYu International Holdings Limited (DOYU) invested $17.3M in research and development during fiscal year 2025.
What is DouYu International Holdings Limited's current ratio?
DouYu International Holdings Limited (DOYU) had a current ratio of 2.33 as of fiscal year 2025, which is generally considered healthy.
What is DouYu International Holdings Limited's debt-to-equity ratio?
DouYu International Holdings Limited (DOYU) had a debt-to-equity ratio of 0.57 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is DouYu International Holdings Limited's return on assets (ROA)?
DouYu International Holdings Limited (DOYU) had a return on assets of -0.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is DouYu International Holdings Limited's P/E ratio?
DouYu International Holdings Limited (DOYU) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $119.8M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is DouYu International Holdings Limited's price-to-sales ratio?
DouYu International Holdings Limited (DOYU) trades at 0.2x sales, its market capitalization divided by revenue of $546.1M revenue, FY2025. The market capitalization is $119.8M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is DouYu International Holdings Limited's Altman Z-Score?
DouYu International Holdings Limited (DOYU) has an Altman Z-Score of 0.54, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is DouYu International Holdings Limited's Piotroski F-Score?
DouYu International Holdings Limited (DOYU) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are DouYu International Holdings Limited's earnings high quality?
DouYu International Holdings Limited (DOYU) reported a net loss of $4.2M while operations used $7.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is DouYu International Holdings Limited?
DouYu International Holdings Limited (DOYU) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.