YY Inc Class A (YY) - Net Assets

Latest as of December 2024: $4.76 Billion USD

Based on the latest financial reports, YY Inc Class A (YY) has net assets worth $4.76 Billion USD as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.52 Billion) and total liabilities ($2.76 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check YY Inc Class A liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets $4.76 Billion
% of Total Assets 63.29%
Annual Growth Rate N/A
5-Year Change -24.51%
10-Year Change 833.9%
Growth Volatility 47.54

YY Inc Class A - Net Assets Trend (2010–2024)

This chart illustrates how YY Inc Class A's net assets have evolved over time, based on quarterly financial data. Also explore YY Inc Class A balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for YY Inc Class A (2010–2024)

The table below shows the annual net assets of YY Inc Class A from 2010 to 2024. For live valuation and market cap data, see YY Inc Class A stock valuation.

Year Net Assets Change
2024-12-31 $4.76 Billion -10.02%
2023-12-31 $5.29 Billion -3.87%
2022-12-31 $5.50 Billion -2.23%
2021-12-31 $5.63 Billion -10.74%
2020-12-31 $6.31 Billion +13.46%
2019-12-31 $5.56 Billion +75.40%
2018-12-31 $3.17 Billion +84.07%
2017-12-31 $1.72 Billion +136.13%
2016-12-31 $728.97 Million +43.03%
2015-12-31 $509.66 Million +2.31%
2014-12-31 $498.17 Million +59.97%
2013-12-31 $311.41 Million +46.89%
2012-12-31 $212.00 Million +115.17%
2011-12-31 $98.53 Million +127.79%
2010-12-31 $-354.54 Million --

Equity Component Analysis

This analysis shows how different components contribute to YY Inc Class A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 319162200336.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings $2.84 Billion 60.21%
Common Stock $10.00K 0.00%
Other Comprehensive Income $-247.62 Million -5.25%
Other Components $2.12 Billion 45.04%
Total Equity $4.71 Billion 100.00%

YY Inc Class A Competitors by Market Cap

The table below lists competitors of YY Inc Class A ranked by their market capitalization.

Company Market Cap
Beijing Capital Development Co Ltd
SHG:600376
 $1.71 Billion
Sunwave Communications Co Ltd
SHE:002115
 $1.71 Billion
Eramet SA
PA:ERA
 $1.71 Billion
Companhia Siderurgica Nacional ADR
NYSE:SID
 $1.71 Billion
Winpak Ltd.
TO:WPK
 $1.71 Billion
Peugeot Invest SA
PA:PEUG
 $1.71 Billion
Shanghai Weaver Network Co Ltd
SHG:603039
 $1.71 Billion
Camel Group Co Ltd
SHG:601311
 $1.71 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in YY Inc Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,156,686,000 to 4,711,990,000, a change of -444,696,000 (-8.6%).
  • Net loss of 147,624,000 reduced equity.
  • Share repurchases of 259,428,000 reduced equity.
  • Other comprehensive income decreased equity by 88,314,000.
  • Other factors increased equity by 50,670,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $-147.62 Million -3.13%
Share Repurchases $259.43 Million -5.51%
Other Comprehensive Income $-88.31 Million -1.87%
Other Changes $50.67 Million +1.08%
Total Change $- -8.62%

Book Value vs Market Value Analysis

This analysis compares YY Inc Class A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.03x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2010-12-31 $-7.29 $47.85 x
2011-12-31 $2.03 $47.85 x
2012-12-31 $4.27 $47.85 x
2013-12-31 $5.27 $47.85 x
2014-12-31 $8.31 $47.85 x
2015-12-31 $8.67 $47.85 x
2016-12-31 $11.95 $47.85 x
2017-12-31 $26.72 $47.85 x
2018-12-31 $41.61 $47.85 x
2019-12-31 $61.20 $47.85 x
2020-12-31 $77.83 $47.85 x
2021-12-31 $70.78 $47.85 x
2022-12-31 $70.32 $47.85 x
2023-12-31 $70.50 $47.85 x
2024-12-31 $1627.84 $47.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently YY Inc Class A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -3.13%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6.60%
  • • Asset Turnover: 0.30x
  • • Equity Multiplier: 1.60x
  • Recent ROE (-3.13%) is below the historical average (11.55%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 0.00% -186.12% 0.81x 0.00x $-558.83K
2011 -13.43% -26.01% 0.43x 1.20x $-23.08 Million
2012 6.74% 10.87% 0.48x 1.28x $-6.91 Million
2013 25.31% 26.20% 0.70x 1.38x $47.69 Million
2014 34.45% 28.94% 0.54x 2.22x $121.79 Million
2015 31.90% 17.52% 0.80x 2.26x $109.26 Million
2016 30.20% 18.58% 0.84x 1.94x $146.79 Million
2017 23.50% 21.50% 0.80x 1.36x $219.36 Million
2018 11.93% 14.01% 0.61x 1.39x $51.89 Million
2019 10.42% 13.47% 0.49x 1.58x $19.82 Million
2020 -0.18% -0.56% 0.25x 1.30x $-634.16 Million
2021 -1.87% -3.95% 0.29x 1.65x $-656.17 Million
2022 11.59% 24.88% 0.27x 1.75x $82.18 Million
2023 5.85% 13.31% 0.27x 1.65x $-213.85 Million
2024 -3.13% -6.60% 0.30x 1.60x $-618.82 Million

Industry Comparison

This section compares YY Inc Class A's net assets metrics with peer companies in the Internet Content & Information industry.

Industry Context

  • Industry: Internet Content & Information
  • Average net assets among peers: $4,720,440,688
  • Average return on equity (ROE) among peers: -6.51%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
YY Inc Class A (YY) $4.76 Billion 0.00% 0.58x $1.71 Billion
Calibre (ALWIN) $9.89 Million -68.49% 2.74x $11.23 Million
ANGI Homeservices Inc (ANGI) $-22.17 Million 0.00% 0.00x $306.40 Million
Arena Group Holdings Inc (AREN) $-52.15 Million 0.00% 0.00x $123.41 Million
Autohome Inc (ATHM) $7.12 Billion 13.92% 0.06x $2.20 Billion
Baidu Inc (BIDU) $8.41 Billion 41.94% 0.31x $35.02 Billion
Bilibili Inc (BILI) $15.24 Billion -49.26% 1.74x $7.20 Billion
Bumble Inc (BMBL) $1.35 Billion -41.29% 0.87x $540.03 Million
The Beachbody Company, Inc. (BODI) $87.40 Million 36.95% 2.33x $62.80 Million
Kanzhun Ltd ADR (BZ) $14.96 Billion 10.59% 0.29x $5.37 Billion
BuzzFeed Inc (BZFD) $106.94 Million -9.44% 1.07x $28.12 Million

About YY Inc Class A

NASDAQ:YY USA Internet Content & Information
Market Cap
$1.71 Billion
Market Cap Rank
#6844 Global
#2010 in USA
Share Price
$47.85
Change (1 day)
-2.39%
52-Week Range
$42.01 - $49.02
All Time High
$129.35
Categories
Companies in USA Internet Content & Information Technology AI & Machine Learning
About

JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform, that provides an interactive online stage for users to host and watch live streaming sessions, share their life moment… Read more