|Bid||0.00 x 1300|
|Ask||21.81 x 1000|
|Day's Range||21.09 - 21.56|
|52 Week Range||11.78 - 30.62|
|Beta (5Y Monthly)||1.18|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 11, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.12|
Huya belongs to Tencent (OTC: TCEHY), which bought out JOYY's (NASDAQ: YY) stake in the company earlier this year. Tencent also owns a stake in Huya's top rival, Douyu (NASDAQ: DOYU), and it's currently in the process of merging the two companies under Huya's banner.
Huya (NYSE: HUYA), a leading Chinese video live-streaming platform backed by Tencent Holdings (OTC: TCEHY), announced solid corporate earnings results on Wednesday for the third quarter (ended Sept. 30, 2020). Huya reported a solid result as a whole, with revenue growth across its live-streaming segment (up 23% to 2.7 billion renminbi) and advertising income (up 45% to 158 million renminbi). This also indicates that Huya's business has reached its critical mass, which allows the company to benefit from operating leverage.
Thank you for standing by for the 2020 third-quarter earnings conference call for HUYA Inc. [Operator instructions] I will now turn the call over to Ms. Dana Cheng, company investor relations. The company's financial and operational results were issued earlier today and are posted online.