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HUYA (HUYA) Gross Profit : $66 Mil (TTM As of Sep. 2023)


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What is HUYA Gross Profit?

HUYA's gross profit for the three months ended in Sep. 2023 was $31 Mil. HUYA's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $66 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. HUYA's gross profit for the three months ended in Sep. 2023 was $31 Mil. HUYA's Revenue for the three months ended in Sep. 2023 was $226 Mil. Therefore, HUYA's Gross Margin % for the quarter that ended in Sep. 2023 was 13.85%.

HUYA had a gross margin of 13.85% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 7 years, the highest Gross Margin % of HUYA was 20.78%. The lowest was -37.36%. And the median was 14.10%.

Warning Sign:

HUYA Inc gross margin has been in long-term decline. The average rate of decline per year is -8.2%.


HUYA Gross Profit Historical Data

The historical data trend for HUYA's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HUYA Gross Profit Chart

HUYA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial 106.02 211.29 346.84 251.25 87.62

HUYA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.77 -40.76 37.22 38.13 31.28

Competitive Comparison of HUYA's Gross Profit

For the Entertainment subindustry, HUYA's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HUYA's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, HUYA's Gross Profit distribution charts can be found below:

* The bar in red indicates where HUYA's Gross Profit falls into.



HUYA Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

HUYA's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=1322.556 - 1234.935
=88

HUYA's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=225.79 - 194.514
=31

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $66 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

HUYA's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=31 / 225.79
=13.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


HUYA  (NYSE:HUYA) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

HUYA had a gross margin of 13.85% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


HUYA Gross Profit Related Terms

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HUYA (HUYA) Business Description

Traded in Other Exchanges
Address
280 Hanxi Road, Building A3, E-Park, Panyu District, Guangzhou, CHN, 511446
Established in 2011, Huya is the largest online game livestreaming company in China. Headquartered in Guangzhou, Huya mainly provides livestreamed videos on esports games such as League of Legends and Honor of Kings and collects virtual tips from viewers. Its products include the Huya Live platform in China and Nimo TV in Southeast Asia and South America. As of 2023, Huya was a subsidiary of Tencent, which owned 63% of its equity stake and held 94% of the voting power.