JOYY Financials
Ticker history: YY became JOYY (JOYY Inc.) on . Earlier news and filings retain their original names and dates. View YY history.
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 Nov 6, 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 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the JOYY SEC filings page.
JOYY Inc. (JOYY) reported $2.1B in revenue for fiscal year 2025, down 5.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 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 (20-F and 6-K reports).
JOYY's core business is shrinking, while 2025's huge reported profit was not matched by ordinary operating cash generation.
The earnings-to-cash gap is unusually wide: FY2025 net income was$2.1B , but operating cash flow was only$302M , so the reported profit was not being realized as ordinary cash. That disconnect is quantified by a 14.4% cash conversion of net income, versus97.9% in FY2023, making 2025's headline profitability a poor guide to operating cash economics.
Revenue fell from
Total liabilities fell from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. 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 JOYY Inc.'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.
JOYY Inc. has an operating margin of 2.6%, meaning the company retains $3 of operating profit per $100 of revenue. Among its peers this margin ranks in the lower range, for a profitability score of 22/100. This is up from -18.1% the prior year.
JOYY Inc.'s revenue declined 5.1% year-over-year, from $2.2B to $2.1B. This contraction results in a growth score of 20/100.
JOYY Inc.'s current ratio of 1.85 indicates adequate short-term liquidity, earning a score of 55/100. The company can meet its near-term obligations, though with limited headroom.
JOYY Inc. has a free cash flow margin of 7.5%, earning a moderate score of 62/100. The company generates positive cash flow after capital investments, but with room for improvement.
JOYY Inc. generates a 32.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 24/100. This is up from -3.1% the prior year.
JOYY Inc. scores 3.80, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $4.0B against total liabilities of $950.5M. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
JOYY Inc. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, JOYY Inc. generates $0.14 in operating cash flow ($302.3M OCF vs $2.1B net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
JOYY Inc. earns $108.18 in operating income for every $1 of interest expense ($55.8M vs $516K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
JOYY Inc. generated $2.1B in revenue in fiscal year 2025. This represents a decrease of 5.1% from the prior year.
JOYY Inc.'s EBITDA was $149.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
JOYY Inc. reported $2.1B in net income in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
JOYY Inc. earned $1.97 per diluted share (EPS) in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Cash & Balance Sheet
JOYY Inc. generated $159.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 29.2% from the prior year.
JOYY Inc. held $374.2M in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
JOYY Inc.'s gross margin was 35.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the prior year.
JOYY Inc.'s operating margin was 2.6% in fiscal year 2025, reflecting core business profitability. This is up 20.8 percentage points from the prior year.
JOYY Inc.'s net profit margin was 98.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 105.3 percentage points from the prior year.
JOYY Inc.'s ROE was 32.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 35.2 percentage points from the prior year.
Capital Allocation
JOYY Inc. invested $247.1M in research and development in fiscal year 2025. This represents a decrease of 11.3% from the prior year.
JOYY Inc. spent $132.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 48.8% from the prior year.
JOYY Inc. invested $143.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 70.9% from the prior year.
JOYY 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.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1420-F | FY1320-F | FY1220-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1B-5.1% | $2.2B-1.3% | $2.3B-6.0% | $2.4B-7.9% | $2.6B+29.2% | $2.0B-44.8% | $3.7B+60.2% | $2.3B+28.7% | $1.8B+50.8% | $1.2B+29.8% | $910.4M+53.6% | $592.8M+96.8% | $301.2M+128.8% | $131.6M |
| Cost of Revenue | $1.4B-4.9% | $1.4B-1.6% | $1.5B-6.7% | $1.6B-12.5% | $1.8B+29.2% | $1.4B+109.8% | $656.9M-54.9% | $1.5B+34.9% | $1.1B+46.9% | $735.0M+33.0% | $552.6M+85.4% | $298.0M+104.6% | $145.7M | N/A |
| Gross Profit | $762.6M-5.4% | $806.2M-0.8% | $813.0M-4.6% | $852.1M+1.7% | $837.9M+55.2% | $540.0M+121.5% | $243.8M-70.8% | $835.8M+19.0% | $702.1M+57.2% | $446.6M+24.8% | $357.8M+21.4% | $294.8M+89.6% | $155.5M+139.9% | $64.8M |
| R&D Expenses | $247.1M-11.3% | $278.7M-5.7% | $295.5M+12.9% | $261.8M-6.4% | $279.8M-7.6% | $302.8M+28.0% | $236.5M+36.4% | $173.4M+44.3% | $120.2M+23.6% | $97.3M+14.8% | $84.7M+21.9% | $69.5M+57.6% | $44.1M+55.5% | $28.4M |
| SG&A Expenses | $462.0M-4.9% | $485.9M-1.3% | $492.2M-9.2% | $542.3M-21.4% | $690.1M+5.8% | $652.1M+20.7% | $540.1M+82.7% | $295.6M+55.6% | $190.0M+51.6% | $125.3M+20.9% | $103.6M+97.5% | $52.5M+40.8% | $37.3M+83.1% | $20.3M |
| Operating Income | $55.8Mn/m | -$405.6M-1507.7% | $28.8M-43.2% | $50.7Mn/m | -$106.7Mn/m | -$406.8Mn/m | -$515.4M-234.2% | $383.9M-7.5% | $414.9M+62.6% | $255.1M+42.2% | $179.4M+3.2% | $173.9M+121.1% | $78.6M+376.1% | $16.5M |
| EBITDA | $149.0Mn/m | -$314.7M-311.5% | $148.8M-25.4% | $199.3M+187.9% | $69.2Mn/m | -$219.9Mn/m | -$373.8M-189.9% | $415.9M-7.9% | $451.6M+53.3% | $294.7M+41.6% | $208.1M+11.4% | $186.9M+115.2% | $86.8M+309.9% | $21.2M |
| Interest Expense | $516K-89.4% | $4.8M-53.5% | $10.4M-18.4% | $12.8M-11.8% | $14.5M-80.8% | $75.6M+98.2% | $38.1M+2941.8% | $1.3M-74.6% | $4.9M-57.7% | $11.7M-22.1% | $15.0M+64.4% | $9.1M | N/A | N/A |
| Income Tax | $16.4M+21.8% | $13.5M-28.5% | $18.9M-45.5% | $34.6M+34.3% | $25.7M-7.5% | $27.8Mn/m | -$20.1M-128.9% | $69.5M+8.7% | $63.9M+58.2% | $40.4M+46.8% | $27.5M+10.7% | $24.9M+67.3% | $14.9M+218.8% | $4.7M |
| Net Income | $2.1Bn/m | -$146.2M-148.5% | $301.8M+134.2% | $128.9Mn/m | -$80.3M-105.8% | $1.4B+169.3% | $509.8M-18.9% | $629.0M+64.1% | $383.2M+74.6% | $219.5M+37.6% | $159.5M-7.0% | $171.6M+117.4% | $78.9M+451.3% | $14.3M |
| EPS (Basic) | $1.99n/m | -$0.13-148.1% | $0.27+237.5% | $0.08n/m | -$0.06-107.1% | $0.85+165.6% | $0.32 | $0.19 | $0.32+68.4% | $0.19+35.7% | $0.14-6.7% | $0.15+114.3% | $0.07-70.8% | $0.24 |
| EPS (Diluted) | $1.97n/m | -$0.13-154.2% | $0.24+200.0% | $0.08n/m | -$0.06-107.1% | $0.85+165.6% | $0.32 | $0.18 | $0.32+68.4% | $0.19+46.2% | $0.13-7.1% | $0.14+100.0% | $0.07+600.0% | $0.01 |
| Diluted Shares (Avg) | 1.07B-8.0% | 1.16B-20.9% | 1.46B-11.1% | 1.65B+5.3% | 1.56B-2.4% | 1.60B+3.6% | 1.54B | 1.29B | 1.22B0.0% | 1.22B+5.7% | 1.15B-4.0% | 1.20B+1.5% | 1.18B+19.0% | 992M |
JOYY 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 | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1420-F | FY1320-F | FY1220-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.6B+0.3% | $7.5B-11.3% | $8.5B-6.5% | $9.1B-0.5% | $9.1B+12.7% | $8.1B+7.9% | $7.5B+100.1% | $3.7B+68.6% | $2.2B+57.7% | $1.4B+24.6% | $1.1B+2.3% | $1.1B+157.7% | $429.1M+57.6% | $272.3M |
| Current Assets | $1.6B-36.7% | $2.6B-37.2% | $4.1B-12.3% | $4.6B-8.4% | $5.1B+30.0% | $3.9B-5.7% | $4.1B+72.5% | $2.4B+54.0% | $1.6B+84.4% | $844.5M+50.7% | $560.4M-35.9% | $874.4M+120.8% | $396.0M+56.4% | $253.3M |
| Cash & Equivalents | $374.2M-15.9% | $444.8M-58.2% | $1.1B-12.4% | $1.2B-33.9% | $1.8B+5.4% | $1.7B+211.6% | $559.3M-36.0% | $873.3M+117.1% | $402.3M+65.7% | $242.8M+81.5% | $133.8M+82.5% | $73.3M-37.6% | $117.6M+41.0% | $83.4M |
| Short-Term Investments | $613.7M+112.7% | $288.6M+5.0% | $274.8M-24.2% | $362.6M-61.7% | $946.5M+93.5% | $489.1M-39.4% | $807.6M+467.1% | $142.4M+643.9% | $19.1M-96.5% | $540.3M+84.7% | $292.5M-56.9% | $679.3M+187.0% | $236.7M+64.3% | $144.1M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $48K-85.3% | $326K-85.3% | $2.2M+853.2% | $233K | N/A | N/A |
| Accounts Receivable | $154.4M+26.7% | $121.9M-6.8% | $130.7M+10.8% | $117.9M+3.1% | $114.4M-20.0% | $143.0M+30.6% | $109.5M+279.3% | $28.9M+22.0% | $23.7M-3.1% | $24.4M+19.5% | $20.4M-50.8% | $41.5M+150.9% | $16.5M-12.4% | $18.9M |
| Long-Term Investments | $24.1M-40.9% | $40.8M-36.2% | $63.9M+200.1% | $21.3Mn/m | $0-100.0% | $1.0Mn/m | $0-100.0% | $667.8M+276.8% | $177.2M+33.9% | $132.3M+51.0% | $87.6M+191.2% | $30.1M+193.6% | $10.2M+2061.6% | $474K |
| Goodwill | $2.2B0.0% | $2.2B-17.2% | $2.6B0.0% | $2.6B+35.3% | $2.0B+4.6% | $1.9B+0.9% | $1.9B+108369.3% | $1.7M-5.0% | $1.8M-12.6% | $2.1M-91.2% | $23.4M-51.6% | $48.4M+18449.0% | $261K+1.6% | $257K |
| Total Liabilities | $950.5M-65.4% | $2.7B-13.5% | $3.2B-11.1% | $3.6B+2.2% | $3.5B+96.0% | $1.8B-6.9% | $1.9B+231.3% | $577.7M+16.7% | $495.0M-27.2% | $680.4M+9.7% | $620.5M+2.0% | $608.0M+417.9% | $117.4M+96.1% | $59.9M |
| Current Liabilities | $874.0M-67.3% | $2.7B-13.4% | $3.1B+0.5% | $3.1B+22.3% | $2.5B+166.1% | $944.1M-13.9% | $1.1B+95.8% | $560.4M+15.9% | $483.5M-28.4% | $675.6M+216.1% | $213.7M+21.6% | $175.8M+51.7% | $115.8M+97.0% | $58.8M |
| Non-Current Liabilities | $76.5M+8.9% | $70.2M-17.7% | $85.3M-82.8% | $497.2M-49.3% | $979.8M+17.0% | $837.3M+2.5% | $817.0M+4612.1% | $17.3M+50.3% | $11.5M+139.0% | $4.8M-98.8% | $406.8M-5.9% | $432.3M+27663.1% | $1.6M+49.6% | $1.0M |
| Long-Term Debt | N/A | N/A | N/A | $401.2M-56.6% | $924.1M+18.6% | $779.2M+8.3% | $719.4Mn/m | $0-100.0% | $1.0Mn/m | $0-100.0% | $401.0M+1.6% | $394.5M | N/A | N/A |
| Total Equity | $6.5B+38.8% | $4.7B-8.6% | $5.2B-0.4% | $5.2B-6.3% | $5.5B-11.3% | $6.2B+31.3% | $4.7B+76.3% | $2.7B+65.2% | $1.6B+124.4% | $726.8M+45.4% | $500.0M+0.4% | $498.0M+59.8% | $311.7M+46.8% | $212.4M |
| Retained Earnings | $4.7B+68.0% | $2.8B-5.1% | $2.9B+9.8% | $2.7B-1.0% | $2.7B-5.9% | $2.9B+95.3% | $1.5B+46.7% | $1.0B+25.4% | $802.0M+104.1% | $393.0M+110.9% | $186.4M+564.7% | $28.0Mn/m | -$144.5Mn/m | -$210.6M |
JOYY 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.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1420-F | FY1320-F | FY1220-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $302.3M-2.1% | $308.7M+4.4% | $295.6M-6.6% | $316.5M+50.4% | $210.4M-57.5% | $495.1M-25.7% | $666.1M+2.6% | $649.4M+13.6% | $571.5M+63.9% | $348.7M+23.9% | $281.5M+34.2% | $209.7M+42.5% | $147.2M+157.0% | $57.3M |
| Depreciation & Amortization | $93.1M+2.4% | $90.9M-24.2% | $120.0M-19.3% | $148.6M-15.5% | $175.9M-5.9% | $186.9M+32.1% | $141.5M+342.1% | $32.0M-12.9% | $36.8M-7.0% | $39.5M+37.5% | $28.8M+121.3% | $13.0M+58.4% | $8.2M+75.8% | $4.7M |
| Stock-Based Compensation | $25.8M+11.2% | $23.2M-27.5% | $32.0M-27.5% | $44.1M+32.1% | $33.4M-63.8% | $92.2M+20.7% | $76.4M-19.0% | $94.3M+138.0% | $39.6M+74.8% | $22.7M-20.8% | $28.6M+31.9% | $21.7M+12.2% | $19.3M+20.1% | $16.1M |
| Capital Expenditures | $143.1M+70.9% | $83.7M+2.6% | $81.6M+18.2% | $69.0M-2.5% | $70.8M-53.1% | $151.0M+21.8% | $123.9M+155.1% | $48.6M-20.5% | $61.1M+161.1% | $23.4M-31.1% | $33.9M+18.0% | $28.8M+213.2% | $9.2M-6.0% | $9.8M |
| Free Cash Flow | $159.2M-29.2% | $224.9M+5.1% | $214.0M-13.5% | $247.5M+77.3% | $139.6M-59.4% | $344.2M-36.5% | $542.2M-9.8% | $600.8M+17.7% | $510.4M+56.9% | $325.3M+31.4% | $247.6M+36.8% | $181.0M+31.1% | $138.0M+190.5% | $47.5M |
| Investing Cash Flow | -$456.1Mn/m | -$210.2M-150.0% | $420.4Mn/m | -$510.3M-164.6% | $789.6M+0.9% | $782.5Mn/m | -$2.3Bn/m | -$915.6Mn/m | -$620.6M | N/A | N/A | N/A | N/A | -$80.0M |
| Financing Cash Flow | -$288.3Mn/m | -$707.8Mn/m | -$841.7Mn/m | -$321.9Mn/m | -$723.5Mn/m | -$135.5M-109.9% | $1.4B+126.8% | $606.1M+183.2% | $214.0M | N/A | N/A | N/A | N/A | $83.9M |
| Dividends Paid | $155.5Mn/m | $0-100.0% | $84.2M-42.3% | $145.9M-8.9% | $160.1M+148.1% | $64.6Mn/m | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $132.8M-48.8% | $259.4M-5.3% | $273.9M+98.4% | $138.1M-65.4% | $398.6M+276.0% | $106.0M+334.6% | $24.4M | N/A | $0 | N/A | $160.8M | N/A | N/A | N/A |
JOYY 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.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F | FY1420-F | FY1320-F | FY1220-F |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.9%-0.1pp | 36.0%+0.2pp | 35.9%+0.5pp | 35.3%+3.3pp | 32.0%+5.4pp | 26.6%+20.0pp | 6.6%-29.8pp | 36.4%-3.0pp | 39.4%+1.6pp | 37.8%-1.5pp | 39.3%-10.4pp | 49.7%-1.9pp | 51.6%+2.4pp | 49.3% |
| Operating Margin | 2.6%+20.8pp | -18.1%-19.4pp | 1.3%-0.8pp | 2.1%+6.2pp | -4.1%+16.0pp | -20.1%-6.0pp | -14.0%-30.8pp | 16.8%-6.5pp | 23.3%+1.7pp | 21.6%+1.9pp | 19.7%-9.6pp | 29.3%+3.2pp | 26.1%+13.6pp | 12.6% |
| Net Margin | 98.8%+105.3pp | -6.5%-19.8pp | 13.3%+8.0pp | 5.3%+8.4pp | -3.1%-70.8pp | 67.7%+53.8pp | 13.9%-13.5pp | 27.4%+5.9pp | 21.5%+2.9pp | 18.6%+1.1pp | 17.5%-11.4pp | 28.9%+2.7pp | 26.2%+15.3pp | 10.9% |
| Return on Equity | 32.1%+35.2pp | -3.1%-8.9pp | 5.9%+3.4pp | 2.5%+3.9pp | -1.5%-23.5pp | 22.0%+11.3pp | 10.7%-12.6pp | 23.4%-0.1pp | 23.5%-6.7pp | 30.2%-1.7pp | 31.9%-2.5pp | 34.4%+9.1pp | 25.3%+18.6pp | 6.7% |
| Return on Assets | 27.8%+29.7pp | -1.9%-5.5pp | 3.6%+2.1pp | 1.4%+2.3pp | -0.9%-17.8pp | 17.0%+10.2pp | 6.8%-10.0pp | 16.8%-0.5pp | 17.2%+1.7pp | 15.6%+1.5pp | 14.1%-1.4pp | 15.5%-2.9pp | 18.4%+13.1pp | 5.3% |
| Current Ratio | 1.85+0.9x | 0.96-0.4x | 1.32-0.2x | 1.51-0.5x | 2.02-2.1x | 4.13+0.4x | 3.77-0.5x | 4.28+1.1x | 3.22+2.0x | 1.25-1.4x | 2.62-2.4x | 4.97+1.6x | 3.42-0.9x | 4.31 |
| Debt-to-Equity | N/A | N/A | N/A | 0.08-0.1x | 0.170.0x | 0.130.0x | 0.15+0.2x | 0.000.0x | 0.000.0x | 0.00-0.8x | 0.800.0x | 0.79 | N/A | N/A |
| Liabilities-to-Equity | 0.15-0.4x | 0.580.0x | 0.62-0.1x | 0.69+0.1x | 0.63+0.3x | 0.29-0.1x | 0.40+0.2x | 0.21-0.1x | 0.30-0.6x | 0.94-0.3x | 1.240.0x | 1.22+0.8x | 0.38+0.1x | 0.28 |
| Asset Turnover | 0.280.0x | 0.300.0x | 0.270.0x | 0.270.0x | 0.290.0x | 0.25-0.2x | 0.49-0.1x | 0.61-0.2x | 0.800.0x | 0.840.0x | 0.80+0.3x | 0.54-0.2x | 0.70+0.2x | 0.48 |
| FCF Margin | 7.5%-2.6pp | 10.1%+0.6pp | 9.4%-0.8pp | 10.3%+4.9pp | 5.3%-11.6pp | 17.0%+2.2pp | 14.8%-11.4pp | 26.2%-2.4pp | 28.6%+1.1pp | 27.5%+0.3pp | 27.2%-3.3pp | 30.5%-15.3pp | 45.8%+9.7pp | 36.1% |
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. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| JOYY Inc. JOYY | FY2025 | $2.1B | $2.1B | 98.8% | $4.0B | 44/100 |
| CarGurus, Inc. CARG | FY2025 | $907.0M | $155.9M | 17.2% | $3.0B | 83/100 |
| Bilibili Inc. BILI | FY2025 | $4.3B | $170.7M | 3.9% | $6.1B | 58/100 |
| Autohome Inc. ATHM | FY2025 | $922.6M | $206.3M | 22.4% | $2.6B | 66/100 |
| Kanzhun Limited BZ | FY2025 | $1.2B | $391.1M | 33.1% | $7.7B | 76/100 |
| Zillow Group Inc ZG | FY2025 | $2.6B | $23.0M | 0.9% | $6.8B | 57/100 |
Where JOYY Inc. Ranks
Frequently Asked Questions
JOYY Inc. (JOYY) reported $2.1B in total revenue for fiscal year 2025. This represents a -5.1% 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.
JOYY Inc. (JOYY) revenue declined by 5.1% year-over-year, from $2.2B to $2.1B in fiscal year 2025.
Yes, JOYY Inc. (JOYY) reported a net income of $2.1B in fiscal year 2025, with a net profit margin of 98.8%.
JOYY Inc. (JOYY) had EBITDA of $149.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
JOYY Inc. (JOYY) had a gross margin of 35.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
JOYY Inc. (JOYY) had an operating margin of 2.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
JOYY Inc. (JOYY) had a net profit margin of 98.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
JOYY Inc. (JOYY) has a return on equity of 32.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
JOYY Inc. (JOYY) generated $159.2M in free cash flow during fiscal year 2025. This represents a -29.2% 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.
JOYY Inc. (JOYY) generated $302.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
JOYY Inc. (JOYY) had $7.6B in total assets as of fiscal year 2025, including both current and long-term assets.
JOYY Inc. (JOYY) invested $143.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
JOYY Inc. (JOYY) invested $247.1M in research and development during fiscal year 2025.
JOYY Inc. (JOYY) had a current ratio of 1.85 as of fiscal year 2025, which is generally considered healthy.
JOYY Inc. (JOYY) had a liabilities-to-equity ratio of 0.15 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
JOYY Inc. (JOYY) had a return on assets of 27.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
JOYY Inc. (JOYY) trades at 1.9x earnings, its market capitalization divided by $2.1B net income, FY2025. The market capitalization is $4.0B as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
JOYY Inc. (JOYY) trades at 1.9x sales, its market capitalization divided by $2.1B revenue, FY2025. The market capitalization is $4.0B as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
JOYY Inc. (JOYY) has an Altman Z-Score of 3.80, placing it in the Safe Zone (low 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.
JOYY Inc. (JOYY) has a Piotroski F-Score of 4 out of 7 computable signals; 2 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.
JOYY Inc. (JOYY) has an earnings quality ratio of 0.14x, considered low quality (accrual-driven). 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.
JOYY Inc. (JOYY) has an interest coverage ratio of 108.18x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
JOYY Inc. (JOYY) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average 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.