DouYu International Holdings Ltd (DOYU)

DouYu International Holdings Limited Filed Its Annual Report on Form 20-FApril 17, 2026 6:18 AM
PR Newswire (US)

WUHAN, China, April 17, 2026 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that it has filed its annual report containing its audited consolidated financial statements for the fiscal year ended December 31, 2025 on Form 20-F with the Securities and Exchange Commission (the "SEC") on April 17, 2026 Eastern Time.
The annual report can be accessed on DouYu's investor relations website at http://ir.douyu.com and on the SEC's website at http://www.sec.gov. The Company will provide hard copies of the annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to ir@douyu.tv.About DouYu International Holdings LimitedHeadquartered in Wuhan, China, DouYu International Holdings Limited (Nasdaq: DOYU) is a leading game-centric live streaming platform in China and a pioneer in the eSports value chain. DouYu operates its platform on both PC and mobile apps to bring users access to immersive and interactive games and entertainment live streaming, a wide array of video and graphic content, as well as opportunities to participate in community events and discussions. By nurturing a sustainable technology-based talent development system and relentlessly producing high-quality content, DouYu consistently delivers premium content through the integration of live streaming, video, graphics, and virtual communities with a primary focus on games. This enables DouYu to continuously enhance its user experience and pursue long-term healthy development. For more information, please see http://ir.douyu.com.Investor Relations ContactIn China:
Chenyang YanDouYu International Holdings LimitedEmail: ir@douyu.tv Tel: +86 (10) 6508-0677 Andrea GuoPiacente Financial CommunicationsEmail: douyu@tpg-ir.com Tel: +86 (10) 6508-0677 In the United States:
Brandi PiacentePiacente Financial CommunicationsEmail: douyu@tpg-ir.com Tel: +1-212-481-2050 




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Original: DouYu International Holdings Limited Filed Its Annual Report on Form 20-F

DouYu International Holdings Limited Reports Fourth Quarter and Full Year 2025 Unaudited Financial ResultsMarch 25, 2026 5:00 AM
PR Newswire (US)

WUHAN, China, March 25, 2026 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2025.Fourth Quarter 2025 Financial HighlightsTotal net revenues in the fourth quarter of 2025 were RMB918.8 million (US$131.4 million), compared with RMB1,136.0 million in the same period of 2024.Gross profit in the fourth quarter of 2025 was RMB118.0 million (US$16.9 million), compared with RMB69.8 million in the same period of 2024. Income from operations in the fourth quarter of 2025 was RMB4.7 million (US$0.7 million), compared with a loss from operations of RMB192.9 million in the same period of 2024.Net income in the fourth quarter of 2025 was RMB1.4 million (US$0.2 million), compared with a net loss of RMB173.1 million in the same period of 2024.Adjusted net income (non-GAAP)[1] in the fourth quarter of 2025 was RMB12.6 million (US$1.8 million), compared with an adjusted net loss (non-GAAP) of RMB78.2 million in the same period of 2024.Full Year 2025 Financial HighlightsTotal net revenues for the full year of 2025 were RMB3,818.9 million (US$546.1 million), compared with RMB4,270.8 million for the full year of 2024.Gross profit for the full year of 2025 was RMB489.5 million (US$70.0 million), compared with RMB323.8 million for the full year of 2024. Net loss for the full year of 2025 was RMB29.1 million (US$4.2 million), compared with RMB306.8 million for the full year of 2024.Adjusted net income (non-GAAP) for the full year of 2025 was RMB40.2 million (US$5.7 million), compared with an adjusted net loss (non-GAAP) of RMB249.2 million for the full year of 2024.Ms. Simin Ren, Co-Chief Executive Officer of DouYu, commented, "Through the collective efforts of the entire DouYu team, we significantly improved our overall business performance in 2025 compared with 2024, despite a challenging external environment. Over the past year, we have made notable strides in diversifying our revenue and improving cost efficiency. Revenues from our innovative business, advertising and other sector grew 37% year over year, strengthening our competitive resilience and markedly enhancing financial sustainability. These accomplishments have laid a solid foundation for our long-term growth. In the fourth quarter, we remained focused on our core business and continued to enhance user experience. We refreshed our brand image and introduced our new slogan, 'See Every Passion.' We also resumed hosting in-person events with the Optics Valley ESports Carnival, attracting tens of millions of participants, both online and offline. Looking ahead, we will continue to place user passion at the center of our strategy, improve the quality of our content and services and drive ongoing innovation to create long-term value."Mr. Hao Cao, Vice President of DouYu, commented, "In the fourth quarter of 2025, amid continued pressure on our live streaming business, we sustained profitability and steady cash flow by focusing on operational efficiency. On a full-year basis, our financial capability saw substantial development. Gross margin reached 12.8% in 2025, a significant improvement from 7.6% in 2024. Adjusted net income turned positive at RMB40.2 million, compared with an adjusted net loss of RMB249.2 million in 2024. Our revenue diversification and cost-efficiency initiatives and optimized resource allocation have bolstered financial resilience, providing a stronger foundation for the Company to maintain robust operations and pursue healthy growth in a competitive environment."Fourth Quarter 2025 Operational HighlightsIn the fourth quarter, average mobile MAUs[2] were 27.6 million, compared with 30.5 million in the third quarter of 2025, primarily attributable to the continued impact of cost structure optimization and a more disciplined content supply strategy, as well as the ongoing reduction of low-ROI events. These adjustments reduced retention and engagement among light users. Core users and paying users were relatively less affected, with the number of paying users remaining stable. We will continue to improve the user experience through innovations in activity design, monetization models and collaboration approaches to further enhance the efficiency and appeal of our events and content offerings. During the fourth quarter, we co-hosted tournaments and offline events and will continue to explore new formats for events and content going forward.In the fourth quarter, the number of quarterly average paying users[3] for live streaming-related business was 2.6 million, with a quarterly ARPPU of RMB230. The slight decrease in paying users was primarily attributable to weaker consumer spending amid the prevailing macroeconomic environment as well as fewer promotional activities resulting from adjustments to our platform's operational strategy.In the fourth quarter, revenues from our voice-based social networking business reached RMB271.0 million. Average MAUs for the voice-based social networking business for the fourth quarter were 286,300, with 63,600 monthly average paying users[4]. During the quarter, we focused on optimizing the traffic distribution mechanism and resource allocation efficiency for the voice business. These efforts enhanced the business' profitability while maintaining a healthy community ecosystem, delivering performance in line with our expectations.Fourth Quarter 2025 Financial ResultsTotal net revenues in the fourth quarter of 2025 decreased by 19.1% to RMB918.8 million (US$131.4 million), compared with RMB1,136.0 million in the same period of 2024.Livestreaming revenues in the fourth quarter of 2025 decreased by 29.8% to RMB513.0 million (US$73.4 million) from RMB730.9 million in the same period of 2024, primarily driven by the decrease in both the number of total paying users and average revenue per paying user as a result of fewer promotional activities and reduced consumer spending amid the prevailing macroeconomic environment.Innovative business, advertising and other revenues in the fourth quarter of 2025 increased by 0.2% to RMB405.8 million (US$58.0 million) from RMB405.1 million in the same period of 2024, primarily attributable to increased revenues from our voice-based social networking service and seasonal fluctuations in gaming membership revenues.Cost of revenues in the fourth quarter of 2025 decreased by 24.9% to RMB800.8 million (US$114.5 million) from RMB1,066.2 million in the same period of 2024.Revenue-sharing fees and content costs in the fourth quarter of 2025 decreased by 25.3% to RMB669.6 million (US$95.7 million) from RMB896.2 million in the same period of 2024, primarily driven by reductions in content costs as part of our cost optimization efforts, as well as lower revenue-sharing fees resulting from decreased live streaming revenues.Bandwidth costs in the fourth quarter of 2025 decreased by 32.2% to RMB47.7 million (US$6.8 million) from RMB70.3 million in the same period of 2024, primarily attributable to improved bandwidth allocation and a year-over-year decrease in peak bandwidth usage.Gross profit in the fourth quarter of 2025 increased by 69.1% to RMB118.0 million (US$16.9 million) from RMB69.8 million in the same period of 2024, primarily driven by lower content and bandwidth costs. Gross margin in the fourth quarter of 2025 increased to 12.8% from 6.1% in the same period of 2024.Sales and marketing expenses in the fourth quarter of 2025 decreased by 40.0% to RMB47.6 million (US$6.8 million) from RMB79.3 million in the same period of 2024, primarily attributable to lower promotional expenses and reduced staff-related expenses.Research and development expenses in the fourth quarter of 2025 decreased by 1.0% to RMB33.8 million (US$4.8 million) from RMB34.2 million in the same period of 2024, primarily attributable to lower staff-related expenses.General and administrative expenses in the fourth quarter of 2025 decreased by 62.6% to RMB26.8 million (US$3.8 million) from RMB71.7 million in the same period of 2024, primarily attributable to the absence of one-off employee-streamlining expenses incurred in the same period last year and lower staff-related expenses.Income from operations in the fourth quarter of 2025 was RMB4.7 million (US$0.7 million), compared with a loss from operations of RMB192.9 million in the same period of 2024.Net income in the fourth quarter of 2025 was RMB1.4 million (US$0.2 million), compared with a net loss of RMB173.1 million in the same period of 2024.Adjusted net income (non-GAAP), which is calculated as net income excluding share of loss in equity method investments and impairment losses and fair value adjustments on investments, was RMB12.6 million (US$1.8 million) in the fourth quarter of 2025, compared with an adjusted net loss (non-GAAP) of RMB78.2 million in the same period of 2024.Basic and diluted net income per ADS[5] in the fourth quarter of 2025 were both RMB0.05 (US$0.01).Adjusted basic and diluted net income per ADS (non-GAAP) in the fourth quarter of 2025 were both RMB0.42 (US$0.06).Full Year 2025 Financial ResultsTotal net revenues for the full year of 2025 were RMB3,818.9 million (US$546.1 million), compared with RMB4,270.8 million in the same period of 2024, primarily driven by the year-over-year decrease in live streaming revenues, which was partially offset by the increase in innovative business, advertising and other revenues.Gross profit for the full year of 2025 was RMB489.5 million (US$70.0 million), compared with RMB323.8 million in the same period of 2024.Adjusted net income (non-GAAP), which is calculated as net income excluding share of loss in equity method investments and impairment losses and fair value adjustments on investments, was RMB40.2 million (US$5.7 million) for the full year of 2025, compared with an adjusted net loss (non-GAAP) of RMB249.2 million in the same period of 2024.Basic and diluted net loss per ADS for the full year of 2025 were both RMB0.96 (US$0.14).Adjusted basic and diluted net income per ADS (non-GAAP) for the full year of 2025 were both RMB1.33 (US$0.19).Cash and cash equivalents, restricted cash and bank depositsAs of December 31, 2025, the Company had cash and cash equivalents, restricted cash, restricted cash in other non-current assets, and short-term and long-term bank deposits of RMB2,283.7 million (US$326.6 million), compared with RMB4,467.8 million as of December 31, 2024. The decrease was primarily attributable to a special cash dividend of US$300 million.[1] "Adjusted net income (non-GAAP)" is defined as net income excluding share of loss (income) in equity method investments and impairment losses and fair value adjustments on investments. For more information, please refer to "Use of Non-GAAP Financial Measures" and "Reconciliations of GAAP and Non-GAAP Results" at the end of this press release.[2] "MAUs" refers to the number of active mobile users (exclusive of innovative business unless the context otherwise indicates) in a given period. Average mobile MAUs for a given period is calculated by dividing (i) the sum of active mobile users for each month of such period, by (ii) the number of months in such period.[3] "Quarterly average paying users" refers to the average paying users for each quarter during a given period of time calculated by dividing (i) the sum of paying users for each quarter of such period, by (ii) the number of quarters in such period. "Paying user" refers to a registered user that has purchased virtual gifts on our platform at least once during the relevant period.[4] "Monthly average paying users" refers to the monthly average number of paying users during a given period of time calculated by dividing (i) the sum of paying users in each month of such period, by (ii) the number of months in such period. "Paying user" refers to a registered user that has purchased virtual gifts on our platform at least once during the relevant period.[5] Each ADS represents one ordinary share for the relevant period and calendar year.About DouYu International Holdings LimitedHeadquartered in Wuhan, China, DouYu International Holdings Limited (Nasdaq: DOYU) is a leading game-centric live streaming platform in China and a pioneer in the eSports value chain. DouYu operates its platform on both PC and mobile apps to bring users access to immersive and interactive games and entertainment live streaming, a wide array of video and graphic content, as well as opportunities to participate in community events and discussions. By nurturing a sustainable technology-based talent development system and relentlessly producing high-quality content, DouYu consistently delivers premium content through the integration of live streaming, video, graphics, and virtual communities with a primary focus on games. This enables DouYu to continuously enhance its user experience and pursue long-term healthy development. For more information, please see http://ir.douyu.com.Use of Non-GAAP Financial MeasuresAdjusted (loss) income from operations is calculated as (loss) income from operations adjusted for Impairment of goodwill and intangible assets. Adjusted net (loss) income is calculated as net (loss) income adjusted for share of (income) loss in equity method investments, impairment losses and fair value adjustments on investments, and impairment losses of intangible assets. Adjusted net (loss) income attributable to DouYu is calculated as net (loss) income attributable to DouYu adjusted for share of (income) loss in equity method investments, impairment losses and fair value adjustments on investments, and impairment losses of intangible assets. Adjusted basic and diluted net (loss) income per ordinary share is non-GAAP net (loss) income attributable to ordinary shareholders divided by the weighted average number of ordinary shares used in the calculation of non-GAAP basic and diluted net (loss) income per ordinary share. The Company adjusted the impact of (i) share of (income) loss in equity method investments, (ii) impairment losses and fair value adjustments on investments, and (iii) Impairment losses of intangible assets to understand and evaluate the Company's core operating performance. The non-GAAP financial measures are presented to enhance investors' overall understanding of the Company's financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. Investors are encouraged to review the reconciliation of the historical non-GAAP financial measures to their most directly comparable GAAP financial measures. As non-GAAP financial measures have material limitations as analytical metrics and may not be calculated in the same manner by all companies, they may not be comparable to other similarly titled measures used by other companies. In light of the foregoing limitations, you should not consider non-GAAP financial measures as a substitute for, or superior to, such metrics in accordance with U.S. GAAP.For more information on these non-GAAP financial measures, please see the table captioned "Reconciliations of GAAP and Non-GAAP Results" near the end of this release.Exchange Rate InformationThis announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB6.9931 to US$1.00, the noon buying rate in effect on December 31, 2025, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB amounts could have been, or could be, converted, realized, or settled in U.S. dollars, at that rate on December 31, 2025, or at any other rate.Safe Harbor StatementThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's results of operations and financial condition; the Company's business strategies and plans; general market conditions, in particular, the game live streaming market; the ability of the Company to retain and grow active and paying users; changes in general economic and business conditions in China; any adverse changes in laws, regulations, rules, policies or guidelines applicable to the Company; and assumptions underlying or related to any of the foregoing. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The announced results of the fourth quarter and full year of 2025 are preliminary and unaudited. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.Investor Relations ContactIn China:Chenyang YanDouYu International Holdings LimitedEmail: ir@douyu.tvTel: +86 (10) 6508-0677 Andrea GuoPiacente Financial CommunicationsEmail: douyu@tpg-ir.comTel: +86 (10) 6508-0677 In the United States:Brandi PiacentePiacente Financial CommunicationsEmail: douyu @pcjockey-481-2050 
 UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS(All amounts in thousands, except share, ADS, per share and per ADS data)
As of December 31
As of December 31
2024
2025
2025ASSETSRMB
RMB
US$ (1)Current assets:




Cash and cash equivalents1,017,148
1,759,127
251,552Restricted cash83
35
5Short-term bank deposits3,070,374
502,502
71,857Accounts receivable, net 49,057
77,584
11,094Prepayments26,885
15,790
2,258Amounts due from related parties74,175
91,601
13,099Other current assets, net231,354
185,264
26,492Total current assets4,469,076
2,631,903
376,357





Property and equipment, net7,093
5,040
721Intangible assets, net60,917
33,580
4,802Long-term bank deposits360,000
-
-Investments456,815
383,683
54,866Right-of-use assets, net15,816
7,900
1,130Other non-current assets76,616
57,845
8,272Total non-current assets977,257
488,048
69,791TOTAL ASSETS5,446,333
3,119,951
446,148 LIABILITIES AND SHAREHOLDERS' EQUITY




LIABILITIES




Current liabilities:




Accounts payable498,667
554,131
79,240Advances from customers4,444
2,311
330Deferred revenue252,346
236,900
33,876Accrued expenses and other current liabilities242,517
218,921
31,305Amounts due to related parties222,589
112,307
16,060Lease liabilities due within one year11,458
6,703
959Total current liabilities1,232,021
1,131,273
161,770





Lease liabilities4,223
1,306
187Total non-current liabilities4,223
1,306
187TOTAL LIABILITIES1,236,244
1,132,579
161,957





(1) Translations of certain RMB amounts into U.S. dollars at a specified rate are solely for the convenience of the reader. Unless otherwise noted,
all translations from RMB to U.S. dollars are made at a rate of RMB6.9931 to US$1.00, the noon buying rate in effect on December 31, 2025, in
the H.10 statistical release of the Federal Reserve Board.  UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED)(All amounts in thousands, except share, ADS, per share and per ADS data)
As of December 31
As of December 31
2024
2025
2025
RMB
RMB
US$ (1)SHAREHOLDERS' EQUITY




Ordinary shares 20
20
3Additional paid-in capital7,514,498
5,363,717
767,001Accumulated deficit(3,791,817)
(3,820,899)
(546,381)Accumulated other comprehensive income487,388
444,534
63,568Total DouYu Shareholders' Equity 4,210,089
1,987,372
284,191Total Shareholders' Equity 4,210,089
1,987,372
284,191TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY5,446,333
3,119,951
446,148





(1) Translations of certain RMB amounts into U.S. dollars at a specified rate are solely for the convenience of the reader. Unless otherwise noted,
all translations from RMB to U.S. dollars are made at a rate of RMB6.9931 to US$1.00, the noon buying rate in effect on December 31, 2025, in
the H.10 statistical release of the Federal Reserve Board.  UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)(All amounts in thousands, except share, ADS, per share and per ADS data)

Three Months Ended
Year Ended
Dec 31,2024
Sep 30,2025
Dec 31,2025
Dec 31,2025
Dec 31,2024
Dec 31,2025
Dec 31,2025
RMB
RMB
RMB
US$ (1)
RMB
RMB
US$ (1)Net revenues1,136,000
899,111
918,775
131,383
4,270,825
3,818,852
546,088Cost of revenues(1,066,209)
(783,022)
(800,785)
(114,511)
(3,946,993)
(3,329,325)
(476,087)Gross profit69,791
116,089
117,990
16,872
323,832
489,527
70,001Operating (expenses) income(2)












Sales and marketing expenses(79,348)
(52,331)
(47,637)
(6,812)
(311,140)
(234,482)
(33,530)General and administrative expenses(71,674)
(35,274)
(26,780)
(3,829)
(204,429)
(137,657)
(19,685)Research and development expenses(34,150)
(26,888)
(33,810)
(4,835)
(181,676)
(121,058)
(17,311)Other operating (expenses) income, net(77,520)
10,334
(5,041)
(721)
(200,174)
8,427
1,205Total operating expenses(262,692)
(104,159)
(113,268)
(16,197)
(897,419)
(484,770)
(69,321)(Loss) Income from operations(192,901)
11,930
4,722
675
(573,587)
4,757
680Other (expenses) income, net(21,401)
(10,124)
(8,100)
(1,158)
21,898
(67,315)
(9,626)Interest income, net45,147
18,105
16,884
2,414
263,052
64,330
9,199Foreign exchange income (expenses), net546
(232)
(526)
(75)
1,235
(517)
(74)(Loss) income before income taxes and share of income (loss) in equity method investments (168,609)
19,679
12,980
1,856
(287,402)
1,255
179Income tax expense(6,464)
(6,662)
(8,463)
(1,210)
(15,407)
(28,409)
(4,062)Share of income (loss) in equity method investments1,981
(1,688)
(3,146)
(450)
(4,001)
(1,928)
(276)Net (loss) income(173,092)
11,329
1,371
196
(306,810)
(29,082)
(4,159)Net (loss) income attributable to ordinary      shareholders of the Company (173,092)
11,329
1,371
196
(306,810)
(29,082)
(4,159)Net (loss) income per ordinary share












Basic(5.74)
0.38
0.05
0.01
(9.95)
(0.96)
(0.14)Diluted(5.74)
0.38
0.05
0.01
(9.95)
(0.96)
(0.14)Net (loss) income per ADS(3)












Basic(5.74)
0.38
0.05
0.01
(9.95)
(0.96)
(0.14)Diluted(5.74)
0.38
0.05
0.01
(9.95)
(0.96)
(0.14)Weighted average number of ordinary shares used in calculating net (loss) income per ordinary shareBasic30,178,859
30,178,859
30,178,859
30,178,859
30,832,271
30,178,859
30,178,859Diluted30,178,859
30,178,859
30,178,859
30,178,859
30,832,271
30,178,859
30,178,859Weighted average number of ADS used in calculating net (loss) income per ADS(3)Basic30,178,859
30,178,859
30,178,859
30,178,859
30,832,271
30,178,859
30,178,859Diluted30,178,859
30,178,859
30,178,859
30,178,859
30,832,271
30,178,859
30,178,859














(1) Translations of certain RMB amounts into U.S. dollars at a specified rate are solely for the convenience of the reader. Unless otherwise noted, all translations
from RMB to U.S. dollars are made at a rate of RMB6.9931 to US$1.00, the noon buying rate in effect on December 31, 2025, in the H.10 statistical release
of the Federal Reserve Board.(2) Every one ADS represents one ordinary share.  RECONCILIATIONS OF GAAP AND NON-GAAP RESULTS(All amounts in thousands, except share, ADS, per share and per ADS data)
Three Months Ended
Year Ended
Dec 31,2024
Sep 30,2025
Dec 31,2025
Dec 31,2025
Dec 31,2024
Dec 31,2025
Dec 31,2025
RMB
RMB
RMB
US$ (1)
RMB
RMB
US$ (1)(Loss) Income from operations(192,901)
11,930
4,722
675
(573,587)
4,757
680Add:












Impairment losses of intangible assets75,473
-
-
-
75,473
-
-Adjusted Operating (loss) income (non-GAAP)(117,428)
11,930
4,722
675
(498,114)
4,757
680













Net (loss) income(173,092)
11,329
1,371
196
(306,810)
(29,082)
(4,159)Add:












Share of (income) loss in equity method investments(1,981)
1,688
3,146
450
4,001
1,928
276Impairment losses and fair value adjustments on
investments(2)21,401
10,124
8,100
1,158
(21,898)
67,315
9,626Impairment losses of intangible assets75,473
-
-
-
75,473
-
-Adjusted net (loss) income (non-GAAP)(78,199)
23,141
12,617
1,804
(249,234)
40,161
5,743













Net (loss) income attributable to DouYu(173,092)
11,329
1,371
196
(306,810)
(29,082)
(4,159)Add:












Share of (income) loss in equity method investments(1,981)
1,688
3,146
450
4,001
1,928
276Impairment losses and fair value adjustments on
investments21,401
10,124
8,100
1,158
(21,898)
67,315
9,626Impairment losses of intangible assets75,473
-
-
-
75,473
-
-Adjusted net (loss) income attributable to DouYu(78,199)
23,141
12,617
1,804
(249,234)
40,161
5,743













Adjusted net (loss) income per ordinary share (non-GAAP)












Basic(2.59)
0.77
0.42
0.06
(8.08)
1.33
0.19Diluted(2.59)
0.77
0.42
0.06
(8.08)
1.33
0.19













Adjusted net (loss) income per ADS(2) (non-GAAP) 












Basic(2.59)
0.77
0.42
0.06
(8.08)
1.33
0.19Diluted(2.59)
0.77
0.42
0.06
(8.08)
1.33
0.19













Weighted average number of ordinary shares used in calculating Adjusted net (loss) income per ordinary shareBasic30,178,859
30,178,859
30,178,859
30,178,859
30,832,271
30,178,859
30,178,859Diluted30,178,859
30,178,859
30,178,859
30,178,859
30,832,271
30,178,859
30,178,859













Weighted average number of ADS used in calculating net (loss) income per ADS(3)Basic30,178,859
30,178,859
30,178,859
30,178,859
30,832,271
30,178,859
30,178,859Diluted30,178,859
30,178,859
30,178,859
30,178,859
30,832,271
30,178,859
30,178,859













(1) Translations of certain RMB amounts into U.S. dollars at a specified rate are solely for the convenience of the reader. Unless otherwise noted, all translations
from RMB to U.S. dollars are made at a rate of RMB6.9931 to US$1.00, the noon buying rate in effect on December 31, 2025, in the H.10 statistical release
of the Federal Reserve Board.(2) Impairment losses and fair value adjustments on investments was included in line item "Other income (expenses), net" of condensed consolidated
statements of income (loss).    (3) Every one ADS represents one ordinary share. 



View original content:https://www.prnewswire.com/news-releases/douyu-international-holdings-limited-reports-fourth-quarter-and-full-year-2025-unaudited-financial-results-302724599.htmlSOURCE DouYu International Holdings Limited

Original: DouYu International Holdings Limited Reports Fourth Quarter and Full Year 2025 Unaudited Financial Results

DOYU: effective March 28,2024 a one for 10 reverse split:

https://hedgefollow.com/upcoming-stock-splits.php

$DOYU
https://x.com/hannahadad8890/status/1741104495172407486?s=61

Rumor!...Tencent Holdings (37% DOYU ownership)plans to take DouYu private. Possible offer $4 to $6. The rumor comes from two people with direct knowledge on the subject.

3.23

3.00s. dead in the water

No merger. China blocked the deal.

Wow free falling this doesn’t look good. Even if merger doesn’t happen, douyu is still a very strong company. Mystery in China.

Why buy douyu when people can get huya?

Still no merger...

7.99, what do you think now? Daily chart looks like bounce off lows.

Huge volume! Reversal now!!

Looks like the worst is over!! Huya merger will occur within the next 60 days.

NEWS!! DOYU Net income for the full year of 2020 increased by 1,113.7% to RMB404.7 million (US$62.0 million)




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03/23/2021 Q-Earnings!! SQUEEZE on the way imho... DOYU





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DOYU & HUYA Merger deal very interesting. Based on HUYA price $28.41 X $0.73 = $20,73 DOYU Share relationships. DOYU share price extremly undervalued... Massiv potential left next weeks

Today was a perfect DOYU dip boarding day. Bouncing back up from old all time high. Looks ready for next move north now. Fresh massiv breakout sign trigger yesterday. On watch for $30 $40 next weeks

DOYU $19.15 +2.3% seems gaming/streaming stocks will see big time next weeks/months. Chart trigger after $20 close next massiv breakout sign. Next days weeks will be very interesting.

DOYU going into.. Strong setting!! Ready to go up

DOYU with strong double bottom now and looks like we hit the all time low area yesterday exactly before stock went back up. The Q earnings 02/2020 can trigger breakout new all time highs imho. DOYU absolute gift and the Corona Virus dip was the perfect time to load again some less $9 before big time start. Not wonder if Hedge and Whale investors start boarding before Q earnings drop. Looking by DUYO forward for my next possible SEDG multipler

After -25% DOYU drop on CORONA VIRUS sells now perfect bottom entry before fantastic Q earnings drop next imho. Nice pre discount shares nearly all time low for me. Think DOYU with 50%+ X rebound potential 02/2020.

DOYU now above $9.40. Massiv technical breakout sign trigger. New all time highs only matter of time. Chart looks better any day. DOYU my SEDG 2.0 multipler imho for 2020/21.

DOYU with strong $9 support and setting for next breakout after few days accumulation. Radar for breakout above $9.40. New all time highs only matter of time now imho.

DOYU finaly above $9. New all time highs only matter of time imho. Think best potential to be my next SEDG multipler. Massiv growing business and very profitable. Looking forward next Q earnings.

DOYU now with breakout new 3 month high. We went up now in bull market. Shorts now lost the game. SQUEEZE next?

DOYU Chart trigger massiv turn around sign now... not wonder if DOYU can hit $20 $30 next 12 month.

DOYU CHART >>> trigger now a massiv breakout / turnaround sign >>>>>>>>>> possible multipler for 2020/2021 imho >>> my next SEDG ?>>>>>

GREAT NEWS OUT >>> DouYu International Holdings Limited Announces Share Repurchase Program

DouYu (NASDAQ:DOYU)
Intraday Stock Chart
Today : Friday 20 December 2019

Click Here for more DouYu Charts.
WUHAN, China, Dec. 20, 2019 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$100 million of its ordinary shares in the form of American depositary shares during a period of up to 12 months commencing on December 20, 2019, subject to the relevant rules under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the Company's insider trading policy.

The Company's share repurchases may be made from time to time on the open market at prevailing market prices, in open-market transactions, privately negotiated transactions or block trades, and/or through other legally permissible means, depending on market conditions and in accordance with the applicable rules and regulations. The timing and conditions of the share repurchases will be subject to various factors including the requirements under Rule 10b-18 and Rule 10b5-1 of the Exchange Act. The Company's board of directors will review the share repurchase program periodically and may authorize adjustments to its terms and size or suspend or discontinue the program. The Company expects to utilize its existing funds to fund repurchases made under this program.

About DouYu International Holdings Limited

Headquartered in Wuhan, China, DouYu International Holdings Limited (Nasdaq: DOYU) is a leading game-centric live streaming platform in China and a pioneer in the eSports value chain. DouYu operates its platform on both PC and mobile apps, through which users can enjoy immersive and interactive games and entertainment live streaming. DouYu's platform brings together a deep pool of top live streamers. By providing a sustainable streamer development system built on advanced technology infrastructure and capabilities, DouYu helps ensure a consistent supply of quality content. Through collaborations with a variety of participants across the eSports value chain, the Company has gained coveted access to a wide variety of premium eSports content, which further attracts viewers and enhances user experience. For more information, please see http://ir.douyu.com/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may", "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the Securities Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law

DOYU great 10-Q out >>Third Quarter 2019 Highlights

Total net revenues for the third quarter of 2019 increased by 81.3% to RMB1,858.5 million (US$261.0 million) from RMB1,024.8 million in the same period of 2018.
Gross profit increased by 450.5% to RMB316.8 million (US$44.5 million) from RMB57.5 million in the same period of 2018, implying a gross margin of 17.0% in the third quarter of 2019 compared with 5.6% in the same period of 2018.
Net loss was RMB165.4 million (US$23.2 million) for the third quarter of 2019, compared with RMB220.5 million in the same period of 2018, implying a net loss margin of 8.9% compared with 21.5% in the same period of 2018.
Adjusted net income[1] was RMB72.2 million (US$10.1 million) for the third quarter of 2019, implying an adjusted net margin of 3.9%, compared with an adjusted net loss of RMB214.2 million in the same period of 2018.
Average MAUs[2] reached 163.6 million in the third quarter of 2019, representing an increase of 14.7% from 142.7 million in the third quarter of 2018.
Average mobile MAUs reached 52.1 million in the third quarter of 2019, representing an increase of 26.1% from 41.3 million in the third quarter of 2018.
Quarterly average paying user count reached 7.0 million in the third quarter of 2019, representing an increase of 66.0% from 4.2 million in the third quarter of 2018.

#FISHY, DOYU opened at $9.00 today and at 2:13 pm the pps was at $9.37.



l2 hunter Member Level Thursday, 08/29/19 02:13:30 PM
Re: None 0
Post #
1
of 1
have load 30.000 DOYU shares $8.50 avg this week for a way like my SEDG last years. think this company is very undervalued and have a big potential to grow fast. the IPO price was $11-$14 some weeks ago. think $24-$30 possible next 24 month. just my opinion. please make your own research.

have load 30.000 DOYU shares $8.50 avg this week for a way like my SEDG last years. think this company is very undervalued and have a big potential to grow fast. the IPO price was $11-$14 some weeks ago. think $24-$30 possible next 24 month. just my opinion. please make your own research.