v3.25.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
CNY (¥)
¥ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
CNY (¥)
¥ / shares
shares
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
[1]
Net revenues (including transactions with related parties of RMB37,647, RMB142,746 and RMB669,070 for the years ended December 31, 2022, 2023 and 2024, respectively)        
Total net revenues ¥ 6,079,115 $ 832,835 ¥ 6,994,328 ¥ 9,264,351
Cost of revenues (including transactions with related parties of RMB827,234, RMB421,567 and RMB358,613 for the years ended December 31, 2022, 2023 and 2024, respectively) (5,269,661) (721,941) (6,179,125) (8,610,726)
Gross Profit 809,454 110,894 815,203 653,625
Operating expenses        
Research and development expenses (including transactions with related parties of RMB5,290, RMB4,345 and RMB1,861 for the years ended December 31, 2022, 2023 and 2024, respectively) (512,637) (70,231) (578,610) (684,446)
Sales and marketing expenses (including transactions with related parties of RMB57,881, RMB62,889 and RMB3,533 for the years ended December 31, 2022, 2023 and 2024, respectively) (274,049) (37,545) (440,605) (530,482)
General and administrative expenses (including transactions with related parties of RMB615, RMB350 and RMB3,478 for the years ended December 31, 2022, 2023 and 2024, respectively) (254,840) (34,913) (320,838) (341,243)
Total operating expenses (1,041,526) (142,689) (1,340,053) (1,556,171)
Other income, net 42,496 5,822 81,258 166,307
Operating loss (189,576) (25,973) (443,592) (736,239)
Impairment loss of investments (232,466) (31,848) (225,800) (55,201)
Interest income and short-term investments income 391,389 53,620 479,681 298,205
Gain on fair value change of investment 0 0 0 7,602
Goodwill impairment 0 0 0 (34,640)
Foreign currency exchange losses, net (3,802) (521) (1,593) (2,516)
Loss before income tax expenses (34,455) (4,722) (191,304) (522,789)
Income tax expenses (13,500) (1,849) (13,215) (24,364)
Loss before share of loss in equity method investments, net of income taxes (47,955) (6,571) (204,519) (547,153)
Share of loss in equity method investments, net of income taxes 0 0 0 (520)
Net loss attributable to HUYA Inc. (47,955) (6,571) (204,519) (547,673)
Net loss attributable to ordinary shareholders (47,955) (6,571) (204,519) (547,673)
Net Income (Loss) (47,955) (6,571) (204,519) (547,673)
Other comprehensive income (loss):        
Foreign currency translation adjustments, net of nil tax 73,372 10,052 143,329 628,390
Unrealized securities holding gain (loss), net of tax (63,964) (8,763) (20,824) 85,997
Total comprehensive income (loss) attributable to HUYA Inc. ¥ (38,547) $ (5,282) ¥ (82,014) ¥ 166,714
Net loss per share        
Basic | (per share) [2] ¥ (0.21) $ (0.03) ¥ (0.84) ¥ (2.27)
Diluted | (per share) [2] ¥ (0.21) $ (0.03) ¥ (0.84) ¥ (2.27)
Weighted average number of shares used in calculating net loss per share        
Basic [2] 231,533,388 231,533,388 243,025,428 241,437,842
Diluted [2] 231,533,388 231,533,388 243,025,428 241,437,842
ADS        
Net loss per share        
Basic | (per share) [2] ¥ (0.21) $ (0.03) ¥ (0.84) ¥ (2.27)
Diluted | (per share) [2] ¥ (0.21) $ (0.03) ¥ (0.84) ¥ (2.27)
Weighted average number of shares used in calculating net loss per share        
Basic [2] 231,533,388 231,533,388 243,025,428 241,437,842
Diluted [2] 231,533,388 231,533,388 243,025,428 241,437,842
Live streaming        
Net revenues (including transactions with related parties of RMB37,647, RMB142,746 and RMB669,070 for the years ended December 31, 2022, 2023 and 2024, respectively)        
Total net revenues ¥ 4,745,195 $ 650,089 ¥ 6,450,782 ¥ 8,195,907
Game-related services, advertising and others        
Net revenues (including transactions with related parties of RMB37,647, RMB142,746 and RMB669,070 for the years ended December 31, 2022, 2023 and 2024, respectively)        
Total net revenues ¥ 1,333,920 $ 182,746 ¥ 543,546 ¥ 1,068,444
[1] HUYA Inc. consolidated 2022 statement of comprehensive income has been retrospectively adjusted due to the business combination under common control as discussed in Note 2(d).
[2] Each ADS represents one Class A ordinary share.