YY Financials

YY Stock  USD 33.91  2.12  5.88%   
Based on the key measurements obtained from YY's financial statements, YY Inc Class is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, YY's Good Will is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 8.9 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 69 M in 2024. Key indicators impacting YY's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.08430.0888
Notably Down
Pretty Stable
Current Ratio1.251.3195
Notably Down
Slightly volatile
Investors should never underestimate YY's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor YY's cash flow, debt, and profitability to make informed and accurate decisions about investing in YY Inc Class.

Net Income

188.44 Million

  
Understanding current and past YY Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of YY's financial statements are interrelated, with each one affecting the others. For example, an increase in YY's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in YY's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of YY Inc Class. Check YY's Beneish M Score to see the likelihood of YY's management manipulating its earnings.

YY Stock Summary

YY competes with Alphabet, Twilio, Snap, Baidu, and Meta Platforms. JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. JOYY Inc. was founded in 2005 and is headquartered in Singapore. YY Inc operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. It employs 7449 people.
Specialization
Communication Services, Internet Content & Information
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS46591M1099
CUSIP98426T106 46591M109
LocationChina
Business Address30 Pasir Panjang
SectorInteractive Media & Services
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitejoyy.sg
Phone65 6351 9330
CurrencyUSD - US Dollar

YY Key Financial Ratios

YY Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets7.5B8.1B9.1B9.1B8.5B8.9B
Other Current Liab764.2M(49.1M)2.4B2.4B2.2B2.3B
Net Debt278.8M(827.5M)(896.3M)(306.9M)(575.4M)(546.7M)
Retained Earnings1.5B3.0B2.7B2.7B2.9B3.1B
Accounts Payable17.8M21.0M18.0M56M66.8M70.1M
Cash556.5M1.7B1.8B1.2B1.1B657.5M
Other Assets651.0M365.2M4.9M12.6M14.5M13.8M
Net Receivables126.4M212.8M273.8M230.4M291.7M306.3M
Good Will1.9B1.9B2.0B2.6B2.6B2.8B
Other Current Assets138.8M131.6M408.6M476.6M93.1M116.8M
Total Liab1.9B1.8B3.5B3.6B3.2B3.3B
Total Current Assets4.1B3.9B5.1B4.6B4.1B2.3B
Short Term Debt96.2M842.2M11.0M484.8M470.1M493.6M
Intangible Assets702.7M602.2M682.1M728.3M333.7M309.8M
Common Stock11.6K14.9K15.6K16K12K13.3K
Other Liab982.7M799.9M115.8M165.4M190.2M300.1M
Inventory94.0M97.6M297.3M351.1M2.1M2.0M
Net Tangible Assets15.2B24.5B2.9B1.8B2.1B2.0B
Long Term Debt5.0B5.1B924.1M401.2M461.3M438.3M
Short Long Term Debt6.9M557.2M734.4M472.4M457.7M838.5M

YY Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense38.1M79.9M14.5M12.8M10.4M15.5M
Total Revenue3.7B2.0B2.6B2.4B2.3B1.5B
Gross Profit1.2B569.6M837.9M852.1M813.0M524.8M
Operating Income76.5M(431.7M)(111.6M)50.7M28.8M56.3M
Ebit245.5M89.2M(63.1M)(4.7M)289.9M155.0M
Research Development362.4M320.9M279.8M261.8M295.5M158.6M
Ebitda245.7M292.6M119.8M158.7M422.4M443.5M
Cost Of Revenue2.5B1.5B1.8B1.6B1.5B959.3M
Income Before Tax601.4M18.0M(77.6M)634.6M288.0M217.4M
Net Income492.4M(11.4M)(103.3M)600.0M301.8M188.4M
Income Tax Expense78.1M29.4M25.7M34.6M18.9M31.7M
Minority Interest5.4B35.9M13.7M27.3M29.4M27.9M
Tax Provision546.6M192.3M25.7M34.6M18.9M17.9M
Interest Income733.6M614.0M91.2M93.1M185.2M299.8M
Net Interest Income467.1M92.0M76.8M80.4M174.8M150.2M

YY Key Cash Accounts

Cash flow analysis captures how much money flows into and out of YY Inc Class. It measures of how well YY is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money YY brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money YY had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what YY has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory45.8K151.8M61.4M(120.1M)(138.1M)(131.2M)
Change In Cash(207.6M)1.1B314.9M(568.9M)(125.1M)(118.9M)
Free Cash Flow498.7M362.3M25.5M247.3M213.6M246.7M
Depreciation169.2M215.2M182.9M163.4M132.5M75.5M
Other Non Cash Items(342.1M)(1.3B)208.9M36.6M(77.0M)(80.8M)
Capital Expenditures156.1M161.8M184.9M69.2M82.0M67.2M
Net Income528.8M1.5B(94.0M)101.6M272.4M261.7M
End Period Cash Flow650.5M1.8B2.1B1.6B1.4B1.5B
Change To Netincome(1.3B)(7.8B)228.1M60.8M54.7M57.5M
Investments(13.4B)5.6B(620.7M)(510.3M)420.4M441.4M
Net Borrowings6.7B158.0M(170.0M)(55.0M)(63.2M)(60.0M)
Dividends Paid1.1B68.3M160.1M145.9M84.2M80.0M

YY Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining YY's current stock value. Our valuation model uses many indicators to compare YY value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across YY competition to find correlations between indicators driving YY's intrinsic value. More Info.
YY Inc Class is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.05  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for YY Inc Class is roughly  22.05 . At this time, YY's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the YY's earnings, one of the primary drivers of an investment's value.

YY Inc Class Systematic Risk

YY's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. YY volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on YY Inc Class correlated with the market. If Beta is less than 0 YY generally moves in the opposite direction as compared to the market. If YY Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one YY Inc Class is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of YY is generally in the same direction as the market. If Beta > 1 YY moves generally in the same direction as, but more than the movement of the benchmark.

YY Thematic Clasifications

YY Inc Class is part of several thematic ideas from Business Services to Social Domain. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in YY Stock are looking for potential investment opportunities by analyzing not only static indicators but also various YY's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of YY growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.23)

At this time, YY's Price Earnings To Growth Ratio is fairly stable compared to the past year.

YY November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of YY help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of YY Inc Class. We use our internally-developed statistical techniques to arrive at the intrinsic value of YY Inc Class based on widely used predictive technical indicators. In general, we focus on analyzing YY Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build YY's daily price indicators and compare them against related drivers.

Additional Tools for YY Stock Analysis

When running YY's price analysis, check to measure YY's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy YY is operating at the current time. Most of YY's value examination focuses on studying past and present price action to predict the probability of YY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YY's price. Additionally, you may evaluate how the addition of YY to your portfolios can decrease your overall portfolio volatility.