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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2019
USD ($)
$ / shares
shares
Dec. 31, 2019
CNY (¥)
¥ / shares
shares
Dec. 31, 2018
CNY (¥)
¥ / shares
shares
Dec. 31, 2017
CNY (¥)
¥ / shares
shares
Net revenues        
Others $ 222,343 ¥ 1,547,905 ¥ 885,890 ¥ 923,838
Total net revenues 3,673,792 25,576,204 15,763,557 11,594,792
Cost of revenues [1] (2,463,206) (17,148,350) (10,017,134) (7,026,402)
Gross profit 1,210,586 8,427,854 5,746,423 4,568,390
Operating expenses        
Research and development expenses [1] (364,199) (2,535,482) (1,192,052) (781,886)
Sales and marketing expenses [1] (537,178) (3,739,724) (1,149,316) (691,281)
General and administrative expenses [1] (213,953) (1,489,495) (883,225) (544,641)
Goodwill impairment 0 0 0 [1] (2,527) [1]
Total operating expenses (1,115,330) (7,764,701) (3,224,593) (2,020,335)
Gain on disposal of subsidiaries and business 11,879 82,699 0 37,989
Other income 46,267 322,103 117,860 113,187
Operating income 153,402 1,067,955 2,639,690 2,699,231
Interest expense (38,283) (266,517) (8,616) (32,122)
Interest income and investment income 105,372 733,576 485,552 180,384
Foreign currency exchange (losses) gains, net 1,407 9,796 (514) (2,176)
Gain on deemed disposal and disposal of investments 0 0 16,178 45,861
Gain on fair value changes of investments 384,859 2,679,312 1,689,404 0
Fair value loss on derivative liabilities (2,300) (16,011) (2,285,223) 0
Other non-operating expenses 0 0 (2,000) 0
Income before income tax expenses 604,457 4,208,111 2,534,471 2,891,178
Income tax expenses (78,517) (546,622) (477,707) (415,811)
Income before share of income in equity method investments, net of income taxes 525,940 3,661,489 2,056,764 2,475,367
Share of income in equity method investments, net of income taxes 5,536 38,540 58,933 33,024
Net income (loss) 531,476 3,700,029 2,115,697 2,508,391
Less: Net (loss) income attributable to the non-controlling interest shareholders and the mezzanine equity classified non-controlling interest shareholders 36,599 254,794 (93,310) (4,532)
Net income attributable to controlling interest of the Company 494,877 3,445,235 2,209,007 2,512,923
Less: Accretion of subsidiaries' redeemable convertible preferred shares to redemption value 5,508 38,346 73,159 19,688
Deemed dividend to Huya Inc.'s (Huya's) Series A preferred shareholders 0 0 489,284 0
Cumulative dividend on a subsidiary's preferred shares 3,959 27,559 4,606 0
Net income attributable to common shareholders of the Company 485,410 3,379,330 1,641,958 2,493,235
Other comprehensive income (loss):        
Unrealized loss of available-for-sale securities, net of nil tax 0 0 0 (41,150)
Foreign currency translation adjustments, net of nil tax 82,136 571,815 434,080 (61,513)
Comprehensive income attributable to the common shareholders of JOYY Inc. $ 567,546 ¥ 3,951,145 ¥ 2,076,038 ¥ 2,390,572
Net income per common share        
-Basic (in CNY/dollars per share) | (per share) [2] $ 0.31 ¥ 2.19 ¥ 1.28 ¥ 2.10
-Diluted (in CNY/dollars per share) | (per share) $ 0.31 [2] ¥ 2.15 ¥ 1.27 [2] ¥ 2.07 [2]
Weighted average number of common shares used in calculating net income per common share        
-Basic (in shares) [2] 1,544,396,920 1,544,396,920 1,280,847,795 1,186,460,144
-Diluted (in shares) [2] 1,565,080,905 1,565,080,905 1,294,089,406 1,216,637,741
American Depositary Shares        
Net income per common share        
-Basic (in CNY/dollars per share) | (per share) [2] $ 6.29 ¥ 43.76 ¥ 25.64 ¥ 42.03
-Diluted (in CNY/dollars per share) | (per share) $ 6.18 [2] ¥ 43.01 ¥ 25.38 [2] ¥ 41.33 [2]
Weighted average number of common shares used in calculating net income per common share        
-Basic (in shares) [2] 77,219,846 77,219,846 64,042,390 59,323,007
-Diluted (in shares) [2] 78,254,045 78,254,045 64,704,470 60,831,887
Live streaming        
Net revenues        
Total net revenues $ 3,451,449 ¥ 24,028,299 ¥ 14,877,667 ¥ 10,670,954
[1] Share-based compensation was allocated in cost of revenues and operating expenses as follows
[2] Each ADS represents 20 common shares.