Company Quick10K Filing
YY
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 1,294 $78,228
20-F 2019-04-26 Annual: 2018-12-31
20-F 2018-04-26 Annual: 2017-12-31
20-F 2017-04-20 Annual: 2016-12-31
20-F 2016-04-28 Annual: 2015-12-31
20-F 2015-04-21 Annual: 2014-12-31
20-F 2014-03-17 Annual: 2013-12-31
20-F 2013-04-26 Annual: 2012-12-31

YY Financials

YY Metrics, Comps, Filings

Annual | Quarterly

Business

We commenced operations in April 2005 with the establishment of Guangzhou Huaduo in China. Guangzhou Huaduo later became one of our PRC consolidated affiliated entities through the contractual arrangements described below.

We established Dokhi Investments Limited in the British Virgin Islands, or BVI, in July 2006 and changed its name to Duowan Limited in September 2006. In August 2006, we established Double Top Limited, which is wholly owned by Dokhi Investments Limited, in Hong Kong and changed its name to Duowan (Hong Kong) Limited in September 2006. In April 2007, we established Guangzhou Duowan Information Technology Co., Ltd., or Guangzhou Duowan, which was wholly owned by Duowan (Hong Kong) Limited. Guangzhou Duowan entered into a series of contractual arrangements with Guangzhou Huaduo and its shareholders, which were subsequently amended solely to reflect updated shareholder equity interests in Guangzhou Huaduo, through which Guangzhou Duowan exercised effective control over the operations of Guangzhou Huaduo.

In November 2007, we established Duowan Entertainment Corporation, or Duowan BVI, in the BVI. In March 2008, we established Huanju Shidai Technology (Beijing) Co., Ltd., formerly known as Duowan Entertainment Information Technology (Beijing) Co., Ltd., or Beijing Huanju Shidai, which is wholly owned by Duowan BVI. Beijing Huanju Shidai purchased all the equity interests in Guangzhou Duowan from Duowan (Hong Kong) Limited in August 2008, and entered into a series of contractual arrangements with Guangzhou Huaduo and its shareholders through which Beijing Huanju Shidai exercises effective control over the operations of Guangzhou Huaduo. Duowan (Hong Kong) Limited was deregistered as a company and ceased to operate in May 2010.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
YY (YY) 78,228 0% 25,768 3,972 0 0 0 0 72,223
Automatic Data Processing (ADP) 71,250 43% 18.4 5% 41,888 36,488 14,175 6,089 2,293 3,616 66,513
Altaba (AABA) 51,828 0% 121.8 -0% 55,369 19,902 5,409 0 -13 426 51,937
Infosys (INFY) 47,135 0% 12,252 2,852 0 0 0 0 46,714
Workday (WDAY) 37,941 0% -197.2 -8% 5,992 3,782 3,326 0 -495 -189 37,316
Fiserv (FISV) 36,296 44% 35.3 5% 19,640 17,094 5,977 2,645 961 1,416 50,043
Cognizant (CTSH) 35,944 29% 10.6 13% 15,517 4,960 16,458 4,722 2,075 3,288 35,002
VeriSign (VRSN) 24,841 85% 26.9 33% 1,890 3,315 1,226 1,040 630 879 23,607
Verisk Analytics (VRSK) 24,108 63% 25.5 10% 6,234 4,023 2,490 1,573 597 1,038 26,483
Wipro (WIT) 23,894 0% 833,171 262,418 0 0 0 0 -18,072
Cerner (CERN) 23,267 82% 16.6 8% 7,276 2,559 5,527 4,538 594 1,421 23,603
DXC Technology (DXC) 14,635 0% 5.8 4% 32,577 21,360 20,361 0 1,170 3,720 21,467
Leidos (LDOS) 11,528 14% 13.5 7% 9,327 5,968 10,527 1,506 662 1,028 13,857
OpenText (OTEX) 11,247 68% 15.8 4% 7,934 4,049 2,869 1,938 286 870 13,712
Henry Jack & Associates (JKHY) 10,406 41% 29.2 12% 2,185 756 1,553 630 272 353 10,313
EPAM Systems (EPAM) 9,998 35% 28.9 13% 1,931 509 2,046 725 245 320 9,244
Zendesk (ZEN) 9,710 70% -69.6 -12% 1,439 1,012 703 492 -167 -137 9,536
Amdocs (DOX) 9,477 0% 26.8 6% 5,348 1,856 3,850 0 338 338 9,058
Ringcentral (RNG) 9,424 76% 496.1 -3% 1,012 657 779 591 -31 18 8,856
Autohome (ATHM) 8,996 0% 15,756 4,645 0 0 0 0 8,779

Balance Sheet ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash20573030540404026,004
Accounts Receivable421002441271662429
Inventory114000
PP&E8919538292262156189
Assets2721,4432,6513,8759,7862,2223,748
Accounts Payable27561011081181217
Long-Term Debt
Liabilities606161,1701,257401495578
Stockholders' Equity2123124985007271,6312,694
Income Statement ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue1321,6703,5445,8218,1641,7822,293
Cost of Revenue671462985537351,0801,457
Gross Profit65156295358447702836
R&D2844698597120173
SG&A204152309125190296
Tax5163029376469
Net Income1479172160218386308
Cash Flow ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating571472102,1652,539572649
Cash Investing-80-592-995-2,251-257-621-916
Cash Financing84-138702214606