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Huya Inc Financials

HUYA
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows Huya Inc (HUYA) financial statements, including the 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).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 35 / 100
Financial Profile 35/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
15

Huya Inc has an operating margin of -3.1%, meaning the company retains $-3 of operating profit per $100 of revenue. This below-average margin results in a low score of 15/100, suggesting thin profitability after operating expenses. This is up from -6.3% the prior year.

Growth
8

Huya Inc's revenue declined 15.5% year-over-year, from $985.1M to $832.8M. This contraction results in a growth score of 8/100.

Leverage
97

Huya Inc carries a low D/E ratio of 0.27, meaning only $0.27 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
60

Huya Inc's current ratio of 3.14 indicates adequate short-term liquidity, earning a score of 60/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
21

While Huya Inc generated $12.9M in operating cash flow, capex of $25.5M consumed most of it, leaving -$12.6M in free cash flow. This results in a low score of 21/100, reflecting heavy capital investment rather than weak cash generation.

Returns
10

Huya Inc generates a -0.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 10/100. This is up from -1.9% the prior year.

Piotroski F-Score Neutral
6/9

Huya Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed
-1.97x

For every $1 of reported earnings, Huya Inc generates $-1.97 in operating cash flow ($12.9M OCF vs -$6.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue
$832.8M
YoY-15.5%
5Y CAGR-7.1%

Huya Inc generated $832.8M in revenue in fiscal year 2024. This represents a decrease of 15.5% from the prior year.

EBITDA
-$15.5M
YoY+67.9%

Huya Inc's EBITDA was -$15.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 67.9% from the prior year.

Net Income
-$6.6M
YoY+77.2%

Huya Inc reported -$6.6M in net income in fiscal year 2024. This represents an increase of 77.2% from the prior year.

EPS (Diluted)
$-0.03
YoY+75.0%

Huya Inc earned $-0.03 per diluted share (EPS) in fiscal year 2024. This represents an increase of 75.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$12.6M
YoY+42.4%

Huya Inc generated -$12.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 42.4% from the prior year.

Cash & Debt
$162.9M
YoY+125.9%
5Y CAGR+0.4%

Huya Inc held $162.9M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share
N/A
Shares Outstanding
225M
YoY-3.4%

Huya Inc had 225M shares outstanding in fiscal year 2024. This represents a decrease of 3.4% from the prior year.

Margins & Returns

Gross Margin
13.3%
YoY+1.7pp
5Y CAGR-4.4pp

Huya Inc's gross margin was 13.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 1.7 percentage points from the prior year.

Operating Margin
-3.1%
YoY+3.2pp
5Y CAGR-6.2pp

Huya Inc's operating margin was -3.1% in fiscal year 2024, reflecting core business profitability. This is up 3.2 percentage points from the prior year.

Net Margin
-0.8%
YoY+2.1pp
5Y CAGR-6.4pp

Huya Inc's net profit margin was -0.8% in fiscal year 2024, showing the share of revenue converted to profit. This is up 2.1 percentage points from the prior year.

Return on Equity
-0.6%
YoY+1.3pp
5Y CAGR-6.0pp

Huya Inc's ROE was -0.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 1.3 percentage points from the prior year.

Capital Allocation

R&D Spending
$70.2M
YoY-13.8%
5Y CAGR-0.8%

Huya Inc invested $70.2M in research and development in fiscal year 2024. This represents a decrease of 13.8% from the prior year.

Share Buybacks
$34.0M
YoY+19.1%

Huya Inc spent $34.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 19.1% from the prior year.

Capital Expenditures
$25.5M
YoY+47.0%
5Y CAGR+23.8%

Huya Inc invested $25.5M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 47.0% from the prior year.

HUYA Income Statement

Metric Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19 Q4'18
Revenue N/A N/A N/A N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A N/A N/A N/A
Operating Income N/A N/A N/A N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A N/A N/A N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A
Net Income N/A N/A N/A N/A N/A N/A N/A
EPS (Diluted) N/A N/A N/A N/A N/A N/A N/A

HUYA Balance Sheet

Metric Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19 Q4'18
Total Assets $1.3B-28.0% $1.8B-4.5% $1.9B-8.4% $2.1B+9.4% $1.9B+16.5% $1.6B+58.0% $1.0B
Current Assets $834.1M-27.3% $1.1B-24.3% $1.5B-18.9% $1.9B+8.3% $1.7B+13.5% $1.5B+58.6% $959.2M
Cash & Equivalents $162.9M+125.9% $72.1M-24.1% $95.0M-66.2% $281.0M-44.3% $504.8M+215.7% $159.9M+55.1% $103.1M
Inventory N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $10.4M+15.1% $9.1M-17.7% $11.0M-20.3% $13.8M+26.5% $10.9M+23.2% $8.9M+39.0% $6.4M
Goodwill $63.5M-1.3% $64.4M N/A N/A N/A N/A N/A
Total Liabilities $276.3M-14.7% $323.9M-3.0% $334.0M-22.5% $430.7M+6.7% $403.7M+4.8% $385.2M+81.3% $212.5M
Current Liabilities $265.5M-12.8% $304.4M-4.6% $319.1M-21.1% $404.2M+10.6% $365.5M+4.0% $351.4M+75.0% $200.8M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A
Total Equity $1.0B-30.9% $1.5B-4.8% $1.6B-4.7% $1.6B+10.1% $1.5B+20.1% $1.2B+51.9% $821.0M
Retained Earnings -$287.7M+0.5% -$289.1M-11.6% -$259.1M-227.0% $204.0M-29.3% $288.7M+201.2% -$285.3M+19.1% -$352.6M

HUYA Cash Flow Statement

Metric Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19 Q4'18
Operating Cash Flow N/A N/A N/A N/A N/A N/A N/A
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A N/A N/A N/A
Financing Cash Flow N/A N/A N/A N/A N/A N/A N/A
Dividends Paid N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A

HUYA Financial Ratios

Metric Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19 Q4'18
Gross Margin N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A N/A N/A N/A
Return on Assets N/A N/A N/A N/A N/A N/A N/A
Current Ratio 3.14-0.6 3.77-1.0 4.75+0.1 4.63-0.1 4.73+0.4 4.33-0.4 4.78
Debt-to-Equity 0.27+0.1 0.220.0 0.21-0.0 0.260.0 0.27-0.0 0.31+0.1 0.26
FCF Margin N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Huya Inc (HUYA) reported $832.8M in total revenue for fiscal year 2024. This represents a -15.5% 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.

Huya Inc (HUYA) revenue declined by 15.5% year-over-year, from $985.1M to $832.8M in fiscal year 2024.

No, Huya Inc (HUYA) reported a net income of -$6.6M in fiscal year 2024, with a net profit margin of -0.8%.

Huya Inc (HUYA) reported diluted earnings per share of $-0.03 for fiscal year 2024. This represents a 75.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Huya Inc (HUYA) had EBITDA of -$15.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

Huya Inc (HUYA) had a gross margin of 13.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

Huya Inc (HUYA) had an operating margin of -3.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

Huya Inc (HUYA) had a net profit margin of -0.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Huya Inc (HUYA) has a return on equity of -0.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

Huya Inc (HUYA) generated -$12.6M in free cash flow during fiscal year 2024. This represents a 42.4% 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.

Huya Inc (HUYA) generated $12.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

Huya Inc (HUYA) had $1.3B in total assets as of fiscal year 2024, including both current and long-term assets.

Huya Inc (HUYA) invested $25.5M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Huya Inc (HUYA) invested $70.2M in research and development during fiscal year 2024.

Yes, Huya Inc (HUYA) spent $34.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

Huya Inc (HUYA) had 225M shares outstanding as of fiscal year 2024.

Huya Inc (HUYA) had a current ratio of 3.14 as of fiscal year 2024, which is generally considered healthy.

Huya Inc (HUYA) had a debt-to-equity ratio of 0.27 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

Huya Inc (HUYA) had a return on assets of -0.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Huya Inc (HUYA) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Huya Inc (HUYA) has an earnings quality ratio of -1.97x, considered mixed quality. 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.

Huya Inc (HUYA) scores 35 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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