Lei Di Network Lei Jianping May 3rd
Huya submitted a 20-F document to the US SEC a few days ago. The document shows that as of March 31, 2023, Tencent holds 46.7% of the shares and has 70.3% of the voting rights; Huanju Group holds 16% of the shares and has 24.1% of the voting rights;
Huya's shareholding structure as of March 31, 2023
Huya CEO Dong Rongjie holds 0.5% of the shares and has no voting rights; Morgan Stanley holds 6.2% of the shares and has 0.9% of the voting rights.
As of March 31, 2022, Huya's shareholding structure
As of March 31, 2022, Tencent holds 47% of the shares and has 70.1% of the voting rights; Huanju Group holds 16.1% of the shares and has 24% of the voting rights; Morgan Stanley holds 9% of the shares and has 1.3% of the voting rights right. Dong Rongjie holds 0.5% of the shares and has 0.4% of the voting rights.
Annual revenue down 19%
Huya’s biggest turmoil in 2021 is that the State Administration for Market Regulation banned the merger of Huya and Douyu, saying that after review, the State Administration for Market Regulation decided to prohibit the concentration of operators.
The State Administration for Market Regulation believes that this concentration has or may have the effect of eliminating or restricting competition in the game live broadcast market and online game operation service market in China.
With the disappearance of the game live broadcast track bonus and the impact of the epidemic, Huya's revenue will decline in 2022, with a year-on-year decrease of 18.77%, and its losses will expand.
The annual report shows that Huya’s revenue in 2020, 2021, and 2022 will be 10.914 billion yuan, 11.351 billion yuan, and 9.22 billion yuan (approximately US$1.337 billion); gross profits will be 2.268 billion yuan, 1.6 billion yuan, and 610 million yuan; The interest rates are 20.8%, 14.1%, and 6.6%, respectively.
Huya's operating profits in 2020, 2021, and 2022 will be 725 million yuan, -30.17 million yuan, and -706 million yuan respectively; the operating profit margins will be 6.7%, -0.3%, and -7.7% respectively.
Huya's net profit in 2020, 2021, and 2022 will be 884 million yuan, 583 million yuan, and -487 million yuan respectively; the net profit margins will be 8.2%, 5.1%, and -5.3% respectively.
Huya’s net loss in the fourth quarter of 2022 was 524.4 million yuan, compared with a net loss of 312.7 million yuan in the same period in 2021; under non-GAAP, the net loss attributable to Huya was 440 million yuan, compared with a net loss of 312.7 million yuan in the same period in 2021. The net loss was 241.7 million yuan.
As of December 31, 2022, Huya held cash, cash equivalents, short-term deposits, short-term investments and long-term deposits totaling 10.7492 billion, compared to 11.0082 billion as of September 30, 2022.
———————————————
Lei Di was founded by Lei Jianping, a media person. If you reprint, please indicate the source.
