v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
CNY (¥)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
CNY (¥)
Dec. 31, 2022
CNY (¥)
Cash flows from operating activities        
Net loss attributable to HUYA Inc. ¥ (47,955) $ (6,571) ¥ (204,519) ¥ (547,673) [1]
Adjustments to reconcile net loss to net cash provided by operating activities        
Depreciation of property and equipment 39,945 5,472 46,803 43,413 [1]
Amortization of acquired intangible assets 36,555 5,008 54,320 58,599 [1]
Amortization of right-of-use assets 37,461 5,132 39,277 41,599 [1]
(Reversal of) allowance for expected credit losses (5,797) (794) 13,394 (107) [1]
Loss (Gain) on disposal of property and equipment and other long-term assets (831) (113) (594) 1,388 [1]
Share-based compensation 64,520 8,840 78,265 156,478 [1]
Share of loss in equity method investments, net of income taxes 0 0 0 520 [1]
Deferred income tax expenses (benefits) (4,041) (554) (4,007) 17,500 [1]
Gain on fair value changes of investments 0 0 0 (7,602) [1]
Impairment loss of investments 232,466 31,848 225,800 55,201 [1]
Impairment of goodwill 0 0 0 34,640 [1]
Short-term investments income 0 0 0 (2,081) [1]
Foreign currency exchange losses, net 3,802 521 1,593 2,516 [1]
Changes in operating assets and liabilities, net of effects from acquisition:        
Accounts receivable (9,043) (1,239) 4,706 3,579 [1]
Prepayments and other assets 50,142 6,869 36,277 57,747 [1]
Prepaid assets and amounts due from related parties (59,002) (8,083) (88,861) 88,940 [1]
Accounts payable 50,269 6,887 4,472 (3,039) [1]
Amounts due to related parties 12,585 1,724 15,286 (82,984) [1]
Advances from customers and deferred revenue (158,235) (21,678) (60,114) (58,249) [1]
Lease liabilities (29,220) (4,003) (31,664) (34,880) [1]
Accrued liabilities and other current liabilities (124,018) (16,990) (183,505) (248,848) [1]
Income tax payable 4,680 641 20,990 22,980 [1]
Net cash (used in)/provided by operating activities 94,283 12,917 (32,081) (400,363) [1]
Cash flows from investing activities        
Placements of short-term deposits (3,428,284) (469,673) (6,064,259) (8,460,370) [1]
Maturities of short-term deposits 7,265,712 995,397 8,285,719 8,291,399 [1]
Placements of short-term investments (10,000) (1,370) 0 0 [1]
Maturities of short-term investments 10,000 1,370 3,117 815,295 [1]
Placements of long-term deposits (60,000) (8,220) (2,141,404) (1,086,682) [1]
Maturities of long-term deposits 140,000 19,180 714,657 0 [1]
Purchase of property and equipment (186,257) (25,517) (123,207) (156,350) [1]
Purchase of intangible assets (24,244) (3,321) (8,084) (8,425) [1]
Cash paid for long-term investments 0 0 (68,332) (244,544) [1]
Cash consideration paid for business combination under common control (28,770) (3,941) (546,084) 0 [1]
Proceeds from disposal of property and equipment 378 52 1,083 1,109 [1]
Net cash (used in)/provided by investing activities 3,678,535 503,957 53,206 (848,568) [1]
Cash flows from financing activities        
Repurchase of shares (247,890) (33,961) (202,422) 0 [1]
Dividends paid to shareholders (2,857,461) (391,470) 0 0 [1]
Proceeds from exercise of vested share options 680 93 128 6,049 [1]
Net cash provided by/(used in) financing activities (3,104,671) (425,338) (202,294) 6,049 [1]
Net (decrease) increase in cash and cash equivalents and restricted cash 668,147 91,536 (181,169) (1,242,882) [1]
Cash and cash equivalents and restricted cash at the beginning of the year 530,110 72,625 698,141 [1] 1,846,454 [1]
Effect of exchange rate changes on cash and cash equivalents and restricted cash 7,685 1,052 13,138 94,569 [1]
Cash and cash equivalents and restricted cash at the end of the year 1,205,942 165,213 530,110 698,141 [1]
Supplemental disclosure of cash flows information:        
- Unpaid cash consideration for business acquisition     (28,742)  
- Income tax received (paid) (13,519) (1,852) 8,895 87,890
- Unpaid cash consideration for repurchase of treasury shares (4,365) (598) (3,923)  
- Acquisition of property and equipment, included with accrued liabilities and other current liabilities ¥ 73,309 $ 10,043 ¥ 62,357 ¥ 17,787
[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).