HUYA Full Year 2024 Earnings: EPS Misses Expectations

HUYA (NYSE:HUYA) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥6.08b (down 13% from FY 2023).
• Net loss: CN¥48.0m (loss narrowed by 77% from FY 2023).
• CN¥0.21 loss per share (improved from CN¥0.84 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

HUYA EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

In the last 12 months, the only revenue segment was Internet Information Providers contributing CN¥6.08b. Notably, cost of sales worth CN¥5.27b amounted to 87% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Research & Development (R&D) costs, amounting to CN¥486.8m (50% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN¥115.8m. Explore how HUYA's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Entertainment industry in the US.

Performance of the American Entertainment industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of HUYA's balance sheet and an in-depth analysis of the company's financial position.

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