Huya Inc Stock Fair Value Calculation – HUYA INC Reports Third Quarter FY2023 Financial Results on September 30, 2023
November 24, 2023
🌥️Earnings Overview
HUYA INC ($NYSE:HUYA) reported total revenue of CNY 1647.8 million for the third quarter of FY2023, which ended on September 30 2023. This was a decrease of 30.7% from the same period in the prior year. Net income for the quarter was CNY 12.1 million, 80.0% lower than the same period in the prior year.
Stock Price
On Tuesday, September 30, 2023, HUYA INC reported its third quarter financial results for FY2023. The stock opened at $3.6 and closed at $3.7, representing a 7.6% increase from the last closing price of $3.4. This demonstrated a strong performance for the company, showing that investors responded positively to the results of the financial report. Furthermore, the report also highlighted strong user engagement and growth across all their platforms as well as improvements in monetization strategies, which enabled Huya Inc to continue to generate revenue and profits from their platforms.
Additionally, the company discussed plans to further expand their product offerings in the near future, which could add to their already impressive financial performance in FY2023. Overall, the results of Huya Inc’s third quarter financial report demonstrated strong financial performance and potential for further growth in the future. The company’s stock responded positively to the results, and investors can remain optimistic about the potential of HUYA INC in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Huya Inc. More…
| Total Revenues | Net Income | Net Margin |
| 7.52k | -444.28 | -3.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Huya Inc. More…
| Operations | Investing | Financing |
| -437.21 | -848.57 | 6.05 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Huya Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.06k | 1.89k | 46.94 |
Key Ratios Snapshot
Some of the financial key ratios for Huya Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -10.2% | – | -9.5% |
| FCF Margin | ROE | ROA |
| -8.0% | -4.0% | -3.4% |
Analysis – Huya Inc Stock Fair Value Calculation
GoodWhale analyzed the fundamentals of HUYA INC and determined that its fair value is around $7.4, which is calculated using our proprietary Valuation Line. At the time of the analysis, the stock was trading at $3.7, which represents a 50.1% discount to its fair value. This suggests that the stock is undervalued and that there could be an opportunity to invest at a competitive price. We do not recommend investing solely based on this analysis, as it is important to conduct further due diligence. More…
Peers
The competition between HUYA Inc and its competitors is fierce. Each company is trying to outdo the other in terms of technology, products, and services. HUYA Inc is constantly innovating and introducing new products and services to the market. Its competitors are also trying to keep up with HUYA Inc’s innovations.
– Leet Technology Inc ($OTCPK:LTES)
Leet Technology Inc is a provider of innovative technology solutions. The company has a market cap of 8.38M as of 2022 and a return on equity of 66.29%. Leet Technology Inc offers a wide range of products and services including software development, web design, and digital marketing. The company is dedicated to helping its clients grow their businesses and reach their full potential.
– Transnational Group Inc ($OTCPK:TAMG)
Transnational Group Inc is a publicly traded company with a market capitalization of 516.84k as of 2022. The company has a strong return on equity of 71.79% and is engaged in the business of providing transportation and logistics services. Transnational Group Inc has a strong focus on customer service and has a reputation for providing quality services. The company has a large network of transportation and logistics facilities and is able to service customers in a wide range of industries. Transnational Group Inc is a well-established company with a long history of providing quality services. The company is publicly traded and has a strong financial position.
– Sparx Technology Inc ($TSXV:SPRX)
Sparx Technology is a publicly traded company with a market capitalization of 4.39 million as of 2022. The company provides software products and services to businesses and organizations worldwide. Sparx Technology’s products and services include enterprise resource planning (ERP), customer relationship management (CRM), and business intelligence (BI) solutions. The company has a strong focus on providing its customers with innovative, cloud-based solutions that help them improve their businesses.
Summary
HUYA INC, a Chinese streaming and game-related live broadcasting platform, released its financial results for the third quarter of FY2023 on September 30 2023. Total revenue decreased by 30.7% year-over-year to CNY 1647.8 million, while net income decreased by 80.0% to CNY 12.1 million. Despite the negative news, the stock price of HUYA INC increased the same day.
For investors, the current market climate presents both risks and opportunities, as the company’s financial performance in the near term will likely be driven by the strength of its streaming and gaming services. A broad assessment of the strengths and weaknesses of HUYA INC’s business operations may be beneficial in determining whether investing in the company is a good decision.
