JOYY Inc
NASDAQ:YY

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JOYY Inc
NASDAQ:YY
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Price: 38.87 USD -0.79%
Market Cap: 2.3B USD
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Gross Margin
JOYY Inc

35.9%
Current
33%
Average
44.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
35.9%
=
Gross Profit
813m
/
Revenue
2.3B

Gross Margin Across Competitors

Country SG
Market Cap 2.3B USD
Gross Margin
36%
Country US
Market Cap 2.4T USD
Gross Margin
58%
Country US
Market Cap 1.6T USD
Gross Margin
82%
Country CN
Market Cap 3.8T HKD
Gross Margin
52%
Country JP
Market Cap 38.4B EUR
Gross Margin
72%
Country CN
Market Cap 31.6B USD
Gross Margin
51%
Country CN
Market Cap 26B USD
Gross Margin
14%
Country CN
Market Cap 198.2B HKD
Gross Margin
54%
Country KR
Market Cap 32.1T KRW
Gross Margin
0%
Country US
Market Cap 20.6B USD
Gross Margin
79%
Country JP
Market Cap 3.1T JPY
Gross Margin
72%
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JOYY Inc
Glance View

Market Cap
2.3B USD
Industry
Media

JOYY Inc. operates in the dynamic digital entertainment sector, primarily focusing on video-based offerings that engage users through interactive experiences. Founded in 2005 by David Xueling Li, the company has evolved from its early beginnings into a global platform connecting a wide audience through innovative applications. Its main product offerings include popular social video platforms like BIGO LIVE and Likee, where users engage in live streaming and short-form videos. JOYY’s platforms capitalize on the widespread adoption of smartphones and the ubiquity of fast internet, enabling users to create, share, and view content in real-time. This interactive environment fosters a sense of community and connectivity among users, driving engagement and extending the company’s reach into numerous international markets. Revenue generation for JOYY is propelled by a diversified monetization strategy. Central to this strategy is its novel approach to integrating social entertainment with commercial models. The company primarily earns through virtual gifting, where users purchase virtual items to support content creators during live streams. This not only incentivizes greater levels of engagement from creators, who vie for these substantial, revenue-generating gifts, but also enhances the interactive experience for viewers. Additional income streams include advertising, premium membership subscriptions, and in-app purchases, allowing JOYY to capitalize on its vast user base and deepening its revenue channels. This innovative monetization has been pivotal in positioning JOYY as a significant player in the digital content and social entertainment landscape.

YY Intrinsic Value
54.07 USD
Undervaluation 28%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
35.9%
=
Gross Profit
813m
/
Revenue
2.3B
What is the Gross Margin of JOYY Inc?

Based on JOYY Inc's most recent financial statements, the company has Gross Margin of 35.9%.