Financials DouYu International Holdings Limited

Equities

DOYU

US25985W2044

Internet Services

Market Closed - Nasdaq 04:00:00 2024-05-31 pm EDT 5-day change 1st Jan Change
10.14 USD -0.20% Intraday chart for DouYu International Holdings Limited +1.71% +6.74%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 19,142 23,203 5,440 3,066 2,156 2,323 - -
Enterprise Value (EV) 1 11,050 15,693 -1,093 -3,487 2,156 -3,621 -2,734 -3,795
P/E ratio 454 x 49.1 x -10.8 x -40.2 x 61.3 x -244,783 x 20.1 x 14.9 x
Yield - - - - - - - -
Capitalization / Revenue 2.63 x 2.42 x 0.59 x 0.43 x 0.39 x 0.51 x 0.5 x 0.52 x
EV / Revenue 1.52 x 1.63 x -0.12 x -0.49 x 0.39 x -0.79 x -0.58 x -0.85 x
EV / EBITDA -266 x 30.5 x 2.55 x 31.3 x - 16.6 x 35.2 x 53.4 x
EV / FCF 16 x 26.8 x 1.54 x 37.9 x - -46.4 x -15.1 x -
FCF Yield 6.26% 3.73% 64.9% 2.64% - -2.15% -6.62% -
Price to Book 1.57 x 3.48 x 0.87 x 0.47 x - 0.35 x 0.34 x 0.34 x
Nbr of stocks (in thousands) 32,462 32,152 32,441 31,748 31,978 31,636 - -
Reference price 2 589.7 721.7 167.7 96.56 67.42 73.43 73.43 73.43
Announcement Date 3/19/20 3/23/21 3/16/22 3/20/23 3/26/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,283 9,602 9,165 7,108 5,530 4,567 4,692 4,439
EBITDA 1 -41.55 515.1 -427.8 -111.4 - -218 -77.68 -71.11
EBIT 1 -131.7 404.2 -516.5 -198.9 -130 -163.3 -111.5 -57.05
Operating Margin -1.81% 4.21% -5.64% -2.8% -2.35% -3.58% -2.38% -1.29%
Earnings before Tax (EBT) 1 36.59 403.4 -605.1 -149.3 68.2 118 151 -
Net income 1 39.75 485.5 -504.9 -75.42 35.52 118 151 -
Net margin 0.55% 5.06% -5.51% -1.06% 0.64% 2.58% 3.22% -
EPS 2 1.300 14.70 -15.50 -2.400 1.100 -0.000300 3.658 4.926
Free Cash Flow 1 691.2 585.5 -708.8 -92 - 78 181 -
FCF margin 9.49% 6.1% -7.73% -1.29% - 1.71% 3.86% -
FCF Conversion (EBITDA) - 113.66% - - - - - -
FCF Conversion (Net income) 1,738.8% 120.6% - - - 66.1% 119.87% -
Dividend per Share - - - - - - - -
Announcement Date 3/19/20 3/23/21 3/16/22 3/20/23 3/26/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 2,348 2,328 1,796 1,833 1,798 1,681 1,483 1,392 1,359 1,296
EBITDA - - - - - - - - - -
EBIT 1 -90.98 -168.7 -101.2 -30.56 -11.12 -56.02 -27.28 -7.514 -8.81 -86.4
Operating Margin -3.87% -7.25% -5.64% -1.67% -0.62% -3.33% -1.84% -0.54% -0.65% -6.67%
Earnings before Tax (EBT) 1 -138.4 -185.3 -85.71 -35.87 -9.29 -18.45 17.75 7.825 73.34 -59.85
Net income 1 -121.4 -174.5 -86.85 -30.92 -2.971 45.32 14.52 6.848 76.38 -62.22
Net margin -5.17% -7.49% -4.84% -1.69% -0.17% 2.7% 0.98% 0.49% 5.62% -4.8%
EPS 2 -3.700 -5.300 -2.700 -1.000 -0.1000 1.400 0.5000 0.2000 2.400 -1.900
Dividend per Share - - - - - - - - - -
Announcement Date 11/16/21 3/16/22 5/18/22 8/15/22 11/21/22 3/20/23 5/18/23 8/14/23 12/7/23 3/26/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 8,092 7,510 6,533 6,553 - 5,944 5,057 6,118
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 691 586 -709 -92 - 78 181 -
ROE (net income / shareholders' equity) 16.7% 6.8% -7.61% -1.18% - 0.31% 1.23% 1.58%
ROA (Net income/ Total Assets) 4.52% 5.4% -5.92% -0.93% - 1.48% 1.87% -
Assets 1 878.7 8,991 8,532 8,151 - 7,973 8,075 -
Book Value Per Share 2 376.0 208.0 194.0 205.0 - 209.0 213.0 217.0
Cash Flow per Share 2 259.0 20.20 -18.00 -21.20 - -4.380 3.260 4.580
Capex 1 122 82.1 123 24.2 - 47.5 63.7 48.6
Capex / Sales 1.67% 0.86% 1.34% 0.34% - 1.04% 1.36% 1.1%
Announcement Date 3/19/20 3/23/21 3/16/22 3/20/23 3/26/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
6
Last Close Price
73.43 CNY
Average target price
45.02 CNY
Spread / Average Target
-38.69%
Consensus
  1. Stock Market
  2. Equities
  3. DOYU Stock
  4. Financials DouYu International Holdings Limited