Added to YB: 2024-04-08
Pitch date: 2024-04-07
YY [bullish]
JOYY Inc.
+120.38%
current return
Author Info
Investing in China is a full time Shanghai-based investor analyzing Chinese & SE Asian stocks. Sign up for the newsletter.
Company Info
JOYY Inc., together with its subsidiaries, engages in the provision of social product matrix and communication technology.
Market Cap
$3.4B
Pitch Price
$30.52
Price Target
60.00 (-11%)
Dividend
8.92%
EV/EBITDA
10.49
P/E
15.37
EV/Sales
1.08
Sector
Interactive Media and Services
Category
special_situation
Earnings Brief #2 JOYY -$YY
YY: Social media co focused on Bigo Live. Q4 rev $570M (-6% YoY), net income $46M (vs $378M loss). Seeks to divest Chinese biz YY Live after failed $3.6B Baidu deal. Fair value ~$60 (now $30) but clouded by uncertainty. Potential opportunity post-resolution.
Read full article (3 min)