HUYA Stock Recent News

HUYA, Inc. (NYSE:HUYA ) Q4 2022 Earnings Conference Call March 21, 2023 8:00 AM ET Company Participants Hanyu Liu - IR Director Rongjie Dong - CEO & Director Ashley Wu - VP, Finance Conference Call Participants Thomas Chong - Jefferies Yiwen Zhang - China Renaissance Securities Ritchie Sun - HSBC Lei Zhang - Bank of America Merrill Lynch Operator Hello, ladies and gentlemen. Thank you for standing by for the Fourth Quarter and Fiscal Year 2022 Earnings Conference Call for HUYA Inc. [Operator Instructions].

Stock markets moved higher as investors liked reassurances they heard from Washington. First Majestic temporarily stopped production at one of its mining properties in Nevada.

-Earnings Call Scheduled for 8:00 a.m. ET on March 21 , 2023- GUANGZHOU, China , Feb. 23, 2023 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that it will report its fourth quarter and fiscal year 2022 unaudited financial results on Tuesday, March 21, 2023, before the open of U.S. markets.

Better-than-feared earnings and a real estate rescue package from the government helped beaten-down Chinese internet stocks find their footing.

This leading esports platform will need to grow profits to restore investor confidence.

Better-than-feared earnings, signs of reopening, and better U.S.-China relations are helping investor sentiment.

HUYA Inc. (NYSE:HUYA ) Q3 2022 Earnings Conference Call November 15, 2022 7:00 AM ET Company Participants Hanyu Liu - Investor Relations Ashley Wu - Vice President, Finance Rongjie Dong - Chief Executive Officer Conference Call Participants Yiwen Zhang - China Renaissance Thomas Chong - Jefferies Lei Zhang - Bank of America Merrill Lynch Ritchie Sun - HSBC Brian Gong - Citi Operator Hello, ladies and gentlemen. Thank you for standing by for the Third Quarter 2022 Earnings Conference Call for HUYA Inc. At this time, all participants are in a listen-only mode.

Chinese tech and fintech shares fell hard today as Xi Jinping consolidated power this weekend.

HUYA Inc. now trading at negative $730M enterprise value, meaning a theoretical acquirer would put up $0 to buy the business, and would walk away with the business and $730M cash. HUYA is now trading at 36% of NCAV and 40.5% of net cash, with NCAV of $5.81 per ADR and net cash of $5.18 per ADR.

HUYA clears a very low bar this quarter, as massive cost cuts get its bottom line back to black. With the impact of tightened regulations set to kick in over the coming months, however, the earnings outlook is cloudy.