JOYY (MEX:JOYYN) Equity-to-Asset: 0.86 (As of Mar. 2026) — 34% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:JOYYN JOYY Inc MEX:JOYYN
76 GF Score
Price MXN1,009.00
GF Value MXN704.80
! 7 Warning Signs
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What is JOYY Equity-to-Asset?

JOYY MEX:JOYYN 76 Equity-to-Asset is 0.86 as of Mar. 2026, which is 34% above its 10-year median of 0.64. GuruFocus rates MEX:JOYYN with a GF Score™ of 76/100 and a GF Value™ of MXN704.80. The stock has 7 warning signs investors should review. Among 566 Interactive Media companies, JOYY ranks better than 86.04% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JOYY's Total Stockholders Equity for the quarter that ended in Mar. 2026 was MXN117,705 Mil. JOYY's Total Assets for the quarter that ended in Mar. 2026 was MXN136,672 Mil. Therefore, JOYY's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.86.

The historical rank and industry rank for JOYY's Equity-to-Asset or its related term are showing as below:

MEX:JOYYN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.64   Max: 0.88
Current: 0.86

During the past 13 years, the highest Equity to Asset Ratio of JOYY was 0.88. The lowest was 0.50. And the median was 0.64.

MEX:JOYYN's Equity-to-Asset is ranked better than
86.04% of 566 companies
in the Interactive Media industry
Industry Median: 0.65 vs MEX:JOYYN: 0.86

JOYY  (MEX:JOYYN) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


JOYY Equity-to-Asset Related Terms


JOYY Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for JOYY's Equity-to-Asset 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.

JOYY Equity-to-Asset Chart

JOYY Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.57 0.61 0.63 0.87

JOYY Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset 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 0.87 0.88 0.87 0.87 0.86

MEX:JOYYN vs PPLI, STUB, ATHM: Equity-to-Asset Comparison

For the Internet Content & Information subindustry, JOYY's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


JOYY Equity-to-Asset vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, JOYY's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where JOYY's Equity-to-Asset falls into.


MEX:JOYYN
76GF Score
JOYY Inc MEX:JOYYN
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JOYY Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

JOYY's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=117790.535/135987.833
=0.87

JOYY's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=117704.915/136672.051
=0.86

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.86 mean?
JOYY (MEX:JOYYN) has a Equity-to-Asset of 0.86 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on JOYY and its competitors. This is 34% above median its historical median of 0.64. Over the past decade, JOYY's Equity-to-Asset has ranged from 0.50 to 0.88. According to the industry distribution chart, JOYY ranks #79 out of 566 companies in the Interactive Media industry, placing it in the top 14%.
Is JOYY's Equity-to-Asset too high?
JOYY's current Equity-to-Asset of 0.86 is 34% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 0.88. The Interactive Media industry median Equity-to-Asset is 0.65. JOYY's value of 0.86 is 32.3% above this industry median. Based on the distribution chart, JOYY ranks #79 out of 566 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, JOYY has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does JOYY's Equity-to-Asset compare to PPLI and STUB?
According to the Interactive Media industry distribution chart, JOYY ranks #79 out of 566 companies for Equity-to-Asset. This places JOYY in the top 14% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.65. JOYY's value of 0.86 is 32.3% above this benchmark. Historically, JOYY's own Equity-to-Asset has ranged from 0.50 to 0.88 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.65, JOYY has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Interactive Media company?
The median Equity-to-Asset among Interactive Media companies is 0.65, based on 566 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JOYY's current Equity-to-Asset of 0.86 is 32.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on JOYY and its competitors. For the Interactive Media industry, the median Equity-to-Asset is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JOYY's current Equity-to-Asset is 0.86, which is 34% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JOYY stock overvalued right now?
JOYY (MEX:JOYYN) has a current Equity-to-Asset of 0.86. The stock's GF Value™ is MXN704.80, compared to a current price of MXN1,009.00 — trading 43.2% above its estimated fair value. The current Equity-to-Asset is 0.86, which is 34% above median its 10-year median of 0.64 and 32.3% above the Interactive Media industry median of 0.65. JOYY's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For JOYY (MEX:JOYYN), the current Equity-to-Asset is 0.86 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JOYY (MEX:JOYYN) Overvalued in 2026?

Based on GuruFocus' analysis, JOYY stock appears to be overvalued. The current stock price of MXN1,009.00 is trading 43.2% above its estimated GF Value™ of MXN704.80.

Key valuation signals for MEX:JOYYN:

  • Equity-to-Asset: 0.86 (34% above median its 10-year median of 0.64)
  • GF Value™: MXN704.80 vs. price of MXN1,009.00 (43.2% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 32.3% above the Interactive Media median (#79 of 566)

No single metric tells the full story. See the MEX:JOYYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JOYY Business Description

Address 30 Pasir Panjang Road, No. 15-31A, Mapletree Business City, Singapore, SGP, 117440
JOYY Inc is a technology company. The Company operates several social products, including Bigo Live for live streaming, Likee for short-form videos, Hago for multiplayer social networking, an instant messaging product, and others. The Company operates through two segments: BIGO and All other. The BIGO segment consists of several social entertainment platforms, including Bigo Live, Likee, imo, and others. The All other segment consist of Hago, Shopline, and certain audio live streaming platforms.
76GF Score

Get the complete analysis for MEX:JOYYN

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,009.00
Price
MXN704.80
GF Value