HUYA(HUYA)

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虎牙直播V12.0更新:“看播”更有趣,社区内容更专业
品玩· 2024-02-05 09:33
2月4日,虎牙直播上线了全新的 V12.0 版本,这次版本迭代无论从UI、APP架构还是内容设置方面,都有“大刀阔斧”的变化。据虎牙介绍,这次版本更新主要有提升直播间体验、升级赛事体系、新增社区内容与游戏服务等,以满足用户对于直播内容专业性以及趣味性的需求。 赛事体系升级、新增电竞百科,社区内容更“硬核” 打开虎牙APP,飓风丝带旋转到中心跃出的虎牙LOGO让用户一眼就能感觉到速度与活力。“竞技由我,玩在虎牙”的Slogan简洁明了地表达新版本的重点。游戏与电竞,既是年轻用户感兴趣的,也是虎牙擅长的。 对于游戏用户来说,方便快捷找到最全、最新的赛事内容、游戏攻略、福利道具等等是很重要的体验。从虎牙V12.0版本来看,APP架构设计充分考虑到了这一点。APP首页的底部导航栏从“首页-娱乐-订阅-虎扯-我的”变为“首页-社区-赛事-福利-我的”,用户可以从一级目录轻松快速找到游戏相关内容。 在赛事内容方面,虎牙也进行了升级迭代。“赛事”作为独立导航页面,对赛事类别进行了扩容,聚集了各类专业游戏赛事,强化了传统电竞和体育赛事的实况战报。英雄联盟、王者荣耀、和平精英、UFC、斯诺克、X GAMES… ...
HUYA(HUYA) - 2023 Q3 - Earnings Call Transcript
2023-11-14 15:10
Financial Data and Key Metrics Changes - Total net revenues for Q3 2023 were RMB 1.65 billion, down from RMB 2.38 billion in the same period last year, reflecting a challenging market environment [20] - Non-GAAP net income reached RMB 103 million, slightly down from RMB 106 million year-over-year, with a non-GAAP net income margin of 6.3% [24] - Gross margin remained resilient at 13.9%, with gross profit of RMB 228 million [19][22] Business Line Data and Key Metrics Changes - Live streaming revenues were RMB 1.53 billion for Q3, down from RMB 2.02 billion year-over-year, primarily due to a decrease in quarterly paying users from 5.5 million to 4.2 million [20] - Advertising and other revenues decreased to RMB 116 million from RMB 361 million year-over-year, mainly due to a significant drop in content licensing revenues [21] - The number of quarterly paying users decreased, attributed to a soft industry environment and increased offline entertainment activities [20] Market Data and Key Metrics Changes - Huya's live mobile MAUs increased to 86 million, up 3.7% from the previous quarter, but flat year-over-year [15] - The company broadcasted about 80 third-party professional e-sports channels, achieving a total viewership of approximately 480 million [16] - The Asian Games e-sports events attracted significant attention, with peak concurrent users ranking among the top five tournaments in Q3 [18][41] Company Strategy and Development Direction - The company is focusing on a strategic transformation to enhance its game-related services, including game distribution, in-game item sales, and game advertising [6][11] - Plans to build a business infrastructure to support new services and develop cooperation terms with game studios are underway [6][29] - The goal is to achieve a balanced income structure by 2025, with game-related services accounting for about 30% of total revenue [37] Management Comments on Operating Environment and Future Outlook - Management acknowledged the soft industry environment and the need for time to restore user willingness and affordability [36] - The company expects continued challenges in Q4 due to seasonal factors and the impact of business adjustments, but anticipates a gradual return to stability in live streaming revenue [36][47] - For 2024, management is optimistic about increasing profitability through a higher proportion of game-related services, which have better gross margins [48] Other Important Information - The company has initiated a share repurchase program of up to US$100 million, with US$9 million repurchased by the end of Q3 [25] - Cash and cash equivalents stood at RMB 10.6 billion as of September 30, 2023, slightly down from RMB 10.8 billion at the end of Q2 [24] Q&A Session Summary Question: Update on strategic transformation - Management discussed the ongoing transformation focusing on commercialization and game-related services, emphasizing the active user base as a key advantage [28][29] Question: Revenue impact from strategic transformation - Management noted that adjustments to live streaming businesses led to revenue declines, but they expect gradual stabilization in the future [35][36] Question: Impact of major events like Asian Games - Management highlighted the successful broadcast of the Asian Games, which attracted new users and increased engagement on the platform [40][41] Question: Margin trends and profit targets for 2024 - Management indicated that Q4 may see increased costs due to events, but overall profit levels are expected to improve in 2024 with a focus on game-related services [46][48] Question: Share buyback plans and cash usage - Management confirmed the continuation of the share buyback program and plans to invest in content and technology while considering shareholder returns [50][51]
HUYA(HUYA) - 2023 Q3 - Quarterly Results
2023-11-14 11:00
Huya Inc. HUYA Inc. Reports Third Quarter 2023 Unaudited Financial Results GUANGZHOU, China, Nov. 14, 2023 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights Total net revenues for the third quarter of 2023 were RMB1,647.8 million (US$225.8 million), compared with RMB2,378.5 million for the same period of 2022. Net incom ...
HUYA(HUYA) - 2023 Q2 - Earnings Call Transcript
2023-08-15 16:53
HUYA Inc. (NYSE:HUYA) Q2 2023 Results Conference Call August 15, 2023 8:00 AM ET Company Participants Hanyu Liu - Investor Relations Songtao Lin - Chairman Junhong Huang - Senior Vice President and Acting Co-Chief Executive Officer Ashley Wu - Acting Co-Chief Executive Officer and Vice President of Finance Conference Call Participants Thomas Chong - Jefferies Daniel Jang - UBS Lei Zhang - Bank of America Securities Yiwen Zhang - China Renaissance Operator Hello, ladies and gentlemen, thank you for standing ...
HUYA(HUYA) - 2023 Q3 - Quarterly Report
2023-08-14 16:00
Exhibit 99.1 HUYA Inc. Reports Second Quarter 2023 Unaudited Financial Results GUANGZHOU, China, August 15, 2023 /PRNewswire/ — HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights • Total net revenues for the second quarter of 2023 were RMB1,821.4 million (US$251.2 million), compared with RMB2,275.2 million for the same period of 2022. • Ne ...
HUYA(HUYA) - 2023 Q1 - Earnings Call Transcript
2023-05-16 15:29
HUYA Inc. (NYSE:HUYA) Q1 2023 Earnings Conference Call May 16, 2023 8:00 AM ET Company Participants Hanyu Liu - IR Director Rongjie Dong - CEO & Director Ashley Wu - VP, Finance Conference Call Participants Ritchie Sun - HSBC Yiwen Zhang - China Renaissance Securities Lei Zhang - Bank of America Jasmine Wang - Credit Suisse Thomas Chong - Jefferies Operator Hello, ladies and gentlemen, thank you for standing by for the First Quarter 2023 Earnings Conference Call for HUYA Inc. At this time, all participants ...
HUYA(HUYA) - 2023 Q2 - Quarterly Report
2023-05-15 16:00
Financial Performance - Total net revenues for Q1 2023 were RMB1,949.2 million (US$283.8 million), a decrease of 21% from RMB2,464.6 million in Q1 2022[2] - Net income attributable to HUYA Inc. was RMB44.8 million (US$6.5 million) for Q1 2023, compared to a net loss of RMB3.3 million in Q1 2022[9] - Live streaming revenues were RMB1,859.9 million (US$270.8 million) for Q1 2023, a decline from RMB2,151.7 million in Q1 2022[4] - Total net revenues for the three months ended March 31, 2023, were RMB 1,949,242, a decrease of 7.3% from RMB 2,102,193 for the previous quarter[24] - Live streaming revenues for the same period were RMB 1,859,924, down 5.8% from RMB 1,975,155 in the previous quarter[24] - Net income attributable to HUYA Inc. for the three months ended March 31, 2023, was RMB 44,828, compared to a net loss of RMB 524,399 in the previous quarter[24] - The company reported a basic net income per ADS of 0.18 for the three months ended March 31, 2023, compared to a loss of 2.16 in the previous quarter[26] User Engagement - Average mobile MAUs for Huya Live in Q1 2023 were 82.1 million, a slight increase from 81.9 million in Q1 2022[2] - Total number of paying users for Huya Live in Q1 2023 was 5.2 million, down from 5.9 million in Q1 2022[2] Cost and Expenses - Cost of revenues decreased by 20.6% to RMB1,692.8 million (US$246.5 million) in Q1 2023 from RMB2,131.0 million in Q1 2022[5] - Research and development expenses decreased by 22.3% to RMB152.4 million (US$22.2 million) in Q1 2023 from RMB196.3 million in Q1 2022[6] - Share-based compensation expenses allocated in cost of revenues for the three months ended March 31, 2023, were RMB 8,264 (US$ 1,203), down from RMB 6,122 in the previous quarter[30] Profitability Metrics - Gross profit for Q1 2023 was RMB256.5 million (US$37.3 million), with a gross margin of 13.2% compared to 13.5% in Q1 2022[6] - Gross profit for the three months ended March 31, 2023, was RMB 256,477, compared to a gross loss of RMB 284,182 in the previous quarter[24] - Non-GAAP gross profit for the same period was RMB 264,741 (US$ 38,549), showing a significant recovery from a loss of RMB 278,060 in the prior quarter[30] - Non-GAAP net income attributable to HUYA Inc. was RMB 85,521 (US$ 12,451) for the three months ended March 31, 2023, compared to a loss of RMB 439,958 in the prior quarter[30] - Basic and diluted non-GAAP net income per ADS for the three months ended March 31, 2023, was US$ 0.05, recovering from a loss of US$ 1.81 in the previous quarter[30] Operational Efficiency - Operating loss for Q1 2023 was RMB50.7 million (US$7.4 million), an improvement from RMB60.2 million in Q1 2022[8] - Operating loss for the three months ended March 31, 2023, was RMB 50,709, a significant improvement from an operating loss of RMB 576,696 in the previous quarter[24] - The operating loss for the three months ended March 31, 2023, was RMB 50,709 (US$ 7,384), a decrease from an operating loss of RMB 576,696 in the previous quarter[30] - The company continues to focus on improving operational efficiency and enhancing user engagement to drive future growth[30] Cash and Assets - As of March 31, 2023, the Company had cash and cash equivalents totaling RMB10,347.6 million (US$1,506.7 million), down from RMB10,749.2 million as of December 31, 2022[10] - Cash and cash equivalents increased to RMB 1,941,195 as of March 31, 2023, from RMB 655,241 as of December 31, 2022[20] - Total current assets as of March 31, 2023, were RMB 10,505,085, slightly up from RMB 10,453,531 as of December 31, 2022[20] - Total assets decreased to RMB 12,772,849 as of March 31, 2023, from RMB 13,147,007 as of December 31, 2022[21] - Shareholders' equity as of March 31, 2023, was RMB 10,836,636, a slight decrease from RMB 10,843,372 as of December 31, 2022[22] Impairment and Adjustments - The company reported an impairment loss of investments of RMB 55,201 in the previous quarter, which did not recur in the current quarter[30] - Weighted average number of ADS used in calculating non-GAAP net income per ADS for the three months ended March 31, 2023, was 242,786,352[30]
HUYA(HUYA) - 2022 Q4 - Annual Report
2023-04-25 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIE ...
HUYA(HUYA) - 2022 Q4 - Annual Report
2023-04-25 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2023 Commission File Number: 001-38482 HUYA INC. Building A3, E-Park, 280 Hanxi Road Panyu District, Guangzhou 511446 People's Republic of China (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form ...
HUYA(HUYA) - 2022 Q4 - Earnings Call Transcript
2023-03-21 16:31
HUYA, Inc. (NYSE:HUYA) Q4 2022 Earnings Conference Call March 21, 2023 8:00 AM ET Company Participants Hanyu Liu - IR Director Rongjie Dong - CEO & Director Ashley Wu - VP, Finance Conference Call Participants Thomas Chong - Jefferies Yiwen Zhang - China Renaissance Securities Ritchie Sun - HSBC Lei Zhang - Bank of America Merrill Lynch Operator Hello, ladies and gentlemen. Thank you for standing by for the Fourth Quarter and Fiscal Year 2022 Earnings Conference Call for HUYA Inc. [Operator Instructions]. I ...