Huya (HUYA) AI Stock Analysis

• Market Cap: $694.79M
• Dividend Yield: 78.95%
• Average Volume (3M): 978.16K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.42
• Revenue Growth: -1.57%
• EPS Growth: -16.46%
• Country: US
• Employees: 1,251
• Sector: Communication Services
• Sector Strength: 97
• Industry: Entertainment
• EPS (TTM): 0.01
• Shares Outstanding: 73,123,190
• 10 Day Avg. Volume: 1,118,092
• 30 Day Avg. Volume: 978,162
• PEG Ratio: 1.42
• Price to Book (P/B): 0.68
• Price to Sales (P/S): 0.84
• P/FCF Ratio: -44.03
• Enterprise Value/Market Cap: 0.35
• Enterprise Value/Revenue: 0.04
• Enterprise Value/Gross Profit: 0.31
• Enterprise Value/Ebitda: -2.03
• 1Y Price Target: $3.50
• Price Target Upside: 17.06% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.04
• Revenue Forecast (FY): $919.30M

• Rating: 60 Neutral
• Price Target: $3.50 ▲(17.06% Upside)

Huya's overall stock score reflects a mixed outlook. The positive earnings call and technical momentum are offset by financial challenges, including declining revenues and negative cash flows. While the company shows potential for growth, especially in game-related services, it must address operational inefficiencies to improve its financial health.

Positive Factors

Revenue Growth

The 10% YoY revenue growth indicates a strong market position and successful expansion in game-related services, supporting long-term growth.

Game-related Services Expansion

The 30% growth in game-related services shows effective diversification and potential for sustained revenue streams, enhancing competitive advantage.

International Expansion

Steady growth in international markets suggests successful global strategy, increasing user engagement and monetization opportunities.

Negative Factors

Declining Net Income

The decline in net income reflects ongoing profitability challenges, which may affect long-term financial health and investment capacity.

Negative Cash Flows

Consistently negative cash flows suggest difficulties in cash management, potentially limiting future investments and operational flexibility.

Operating Loss

Persistent operating losses highlight inefficiencies in cost management and could hinder long-term profitability and strategic initiatives.

Huya Business Overview & Revenue Model

Company Description

Huya Inc. is a leading game live streaming platform in China, focusing on the broadcasting of video game content. The company operates primarily in the online entertainment sector, providing a platform where users can watch, interact with, and create live streams of video games. Huya offers a diverse range of content, including esports tournaments, gaming events, and user-generated content, catering to a vast audience of gamers and fans.

How the Company Makes Money

Huya generates revenue through multiple streams, primarily from live streaming services. The main sources of income include virtual gifting, where viewers purchase virtual items to send to streamers during live broadcasts, and advertising revenue from brands that promote their products on the platform. Additionally, Huya monetizes its services through subscriptions, offering premium memberships that provide users with exclusive content and benefits. Partnerships with game developers and publishers also play a significant role, as they collaborate on promotional events and sponsorships that drive user engagement and enhance monetization opportunities.

Huya Financial Statement Overview

Summary

Huya's financial performance is under pressure with declining revenues and persistent losses. The income statement shows a downward trend in revenue and profitability, while cash flow issues indicate potential liquidity challenges. Despite a relatively strong balance sheet with low leverage, the overall financial health is concerning.

Income Statement

Huya's income statement shows declining revenues and profitability over recent years. The revenue in 2024 was significantly lower compared to previous years, indicating a downward trend. Additionally, the company has been operating at a net loss since 2022, with a negative EBIT and EBITDA, highlighting struggles in operational efficiency and cost management.

Balance Sheet

Huya's balance sheet remains relatively strong despite income challenges. The company has maintained a high equity ratio, suggesting a solid capital structure with low reliance on debt, as indicated by a low debt-to-equity ratio. However, the declining stockholders' equity over the years is a concern that needs monitoring.

Cash Flow

Huya's cash flow statement indicates potential liquidity issues, with negative operating and free cash flows in recent years. The inability to generate positive free cash flow consistently suggests challenges in managing cash effectively, which could impact future investments and financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.11B	6.08B	6.99B	9.26B	11.35B	10.91B
Gross Profit	774.84M	809.45M	815.20M	653.63M	1.60B	2.27B
EBITDA	-119.56M	-88.45M	-303.19M	-592.63M	94.84M	827.76M
Net Income	-153.15M	-47.95M	-204.52M	-547.67M	583.50M	884.16M
Balance Sheet
Total Assets	6.65B	9.57B	12.92B	13.79B	13.25B	12.41B
Cash, Cash Equivalents and Short-Term Investments	3.51B	5.26B	7.36B	9.72B	10.96B	10.47B
Total Debt	30.74M	48.63M	79.90M	38.42M	81.56M	86.85M
Total Liabilities	1.60B	2.02B	2.30B	2.38B	2.74B	2.63B
Stockholders Equity	5.05B	7.55B	10.62B	11.41B	10.51B	9.78B
Cash Flow
Free Cash Flow	0.00	-116.22M	-163.37M	-4.12B	229.39M	811.66M
Operating Cash Flow	0.00	94.28M	-32.08M	-3.00B	327.45M	1.24B
Investing Cash Flow	0.00	3.68B	53.21M	-5.81B	-1.88B	1.00B
Financing Cash Flow	0.00	-3.10B	-202.29M	41.45M	10.72M	265.29M

Huya Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.99
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HUYA, the sentiment is Positive. The current price of 2.99 is above the 20-day moving average (MA) of 2.85, above the 50-day MA of 2.91, and above the 200-day MA of 2.72, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 65.31 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HUYA.

Huya Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NFLX	73 Outperform	$441.92B	38.73	42.86%	―	15.49%	35.54%
WBD	68 Neutral	$70.04B	157.41	1.36%	―	-4.29%	―
WMG	64 Neutral	$14.42B	39.81	61.97%	2.65%	4.37%	-16.22%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
HUYA	60 Neutral	$694.79M	―	-2.61%	78.95%	-1.57%	-16.46%
IQ	51 Neutral	$1.95B	―	-2.91%	―	-10.68%	-127.54%
AMC	47 Neutral	$1.17B	―	―	―	9.74%	12.29%

Huya Corporate Events

HUYA Inc. Reports Strong Q3 2025 Financial Results with Revenue Growth

On November 12, 2025, HUYA Inc. announced its unaudited financial results for the third quarter ending September 30, 2025. The company reported a 9.8% increase in total net revenues to RMB1,688.3 million, driven by a significant 29.6% growth in game-related services, advertising, and other revenues. Despite a decline in net income compared to the previous year, HUYA’s strategic transformation efforts, including deepened collaborations with game partners, have led to a notable milestone where these segments now contribute over 30% of total revenues. The results indicate a promising growth trajectory and improved operating performance, reflecting the company’s focus on revenue diversification and cost management.