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MARKETS / NYSE / HUYA
NYSE · SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. · MID CAP

Huya Inc. HUYA

10 fiscal years on record · CNY · FY2025 reported · SEC filings only
CNY 6.5B
▲ 7.0% YoY
CNY -112.6M
CNY -344.0M
In brief

What this company does

HUYA delivers live streaming and video content and services spanning games, e-sports and other interactive entertainment genres to a community of game enthusiasts. It monetizes its user base mainly through live streaming services, advertising services and game-related services. It generates revenues from users purchasing its live streaming services, including consumable virtual items and time-based virtual items, or multiple virtual items sold in bundles. It has also expanded into game-related services such as game distribution, in-game item sales and advertising. Its average monthly active users in 2025 was 161.1 million. It provided live streaming services for approximately 340 licensed e-sports tournaments and game events in 2025. Among the game titles streamed on its platform, League of Legends, Honor of Kings, Counter-Strike 2, Teamfight Tactics and Valorant had the highest total viewing time in 2025.

Written from the business description in HUYA Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 27 April 2026. Every sentence was checked against that document before publication.

Growth
CNY 6.5B
Revenue, FY2025 · full 10-year series below
Revenue CNY B Net income CNY B
FY2025 · Revenue 6.5 · Net income -0.1
4.0B8.0B-0.8B-1.6B2016201720182019202020212022202320242025
Compound annual growth
−11.1%
−9.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −9.8% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−2 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -2.5% · Net -1.7%
-20%-40%-60%2016201720182019202020212022202320242025
ROE
FY2025 · ROE -1.8%
5%-20%-40%-60%2016201720182019202020212022202320242025

Each CNY of equity lost 2 cents this year.

Cash & shareholders
CNY 2.5B
returned in FY2025 · dividends + net buybacks
Free cash flow CNY B
FY2025 · FCF -0.3
0.8B1.6B-0.2B-0.4B2016201720182019202020212022202320242025
Net buybacks CNY B Dividends CNY B
FY2025 · Dividends 2.4 · Net buybacks 0.1
2BDividendsNet buybacks20212022202320242025

CNY 2.4B in dividends and CNY 90.3M in buybacks went back to shareholders in a year without profit.

Total assetsCNY 6.7B
EquityCNY 4.9B
CashCNY 692.7M
Current ratio2.84×

Equity funds 73% of total assets.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · CNY

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016
Revenue CNY B6.56.17.09.311.410.98.44.72.20.8
Operating income CNY B−0.2−0.2−0.4−0.7−0.00.70.30.0−0.1−0.6
EBITDA CNY B−0.1−0.1−0.4−0.70.00.80.30.1−0.1−0.6
Income tax CNY B0.00.00.00.00.10.20.1−0.1··
Net income CNY B−0.1−0.0−0.2−0.50.60.90.5−1.9−0.1−0.6
Free cash flow CNY B−0.3−0.1−0.2−0.60.31.21.90.60.2−0.4
EPS, diluted CNY −0.49−0.21−0.84−2.272.413.712.02−15.02−1.01−6.26
Dividend / sh CNY ··········
Payout %−2139−5959−0−0······
ROE %−1.8−0.5−1.9−5.05.89.66.5−67.9··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 48 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 47 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Computer Programming, Data Processing, Etc.
Listed onNYSE
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
Data on record since2016

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