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DOYU · Nasdaq · United States · Services-Computer Programming, Data Processing, Etc.
In shortDouYu International Holdings Ltd is loss-making.
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 0.1% | 17/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -0.8% | 17/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -0.9% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.33× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.02 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -1.4% | 14/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 0 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 5 | 20/100 |
|---|---|---|
| Years of revenue decline (last 5) | 5 of 5 | 0/100 |
| Revenue growth volatility | 8.4% | 80/100 |
| Operating margin volatility | 5.3% | 61/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -18.7% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
4 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
CNY millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 9,165 | 7,108 | 5,530 | 4,271 | 3,819 |
| Cost of revenue | 8,075 | 6,118 | 4,846 | 3,947 | 3,329 |
| Gross profit | 1,090 | 990 | 684 | 324 | 490 |
| Research & development | 490 | 383 | 277 | 182 | 121 |
| Operating income | (649) | (199) | (164) | (574) | 4.8 |
| Pre-tax income | (605) | (149) | 68 | (287) | 1.3 |
| Income tax | 0 | 3.5 | 1.1 | 15 | 28 |
| Net income | (582) | (75) | 36 | (307) | (29) |
| Diluted EPS | −¥17.88 | −¥2.36 | ¥1.11 | −¥9.95 | −¥0.96 |
| Diluted shares (millions) | 33 | 32 | 32 | 31 | 30 |
4 older years available with the 10-year history. Essential plan, from €8.25/month →
1.02 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice.
Latest annual report: Dec 31, 2025 · Data updated Apr 17, 2026