Joyy Inc. balance sheet

At the end of fiscal 2025, Joyy Inc. had total assets of $7.55bn, total liabilities of $950m and shareholders' equity of $6.54bn. It held $374m in cash against $10.7m of debt: net cash of $364m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Joyy Inc.: balance sheet, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	134	243	402	873	559	1,743	1,837	1,214	1,064	445	374
Receivables	20	24	24	29	96	143	114	118	131	122	154
Inventory	2	0	0	0	—	—	—	—	—	—	—
Total current assets	560	860	1,557	2,398	4,137	3,901	5,070	4,645	4,073	2,556	1,619
Goodwill	23	2	2	2	1,856	1,872	1,958	2,649	2,649	2,194	2,194
Total assets	1,131	1,409	2,222	3,748	7,499	8,095	9,120	9,072	8,484	7,528	7,552
Accounts payable	20	20	12	17	18	21	18	56	67	84	72
Deferred revenue (current)	59	62	117	138	193	67	61	86	74	67	62
Total current liabilities	214	676	483	560	1,097	944	2,512	3,072	3,086	2,674	874
Short-term debt	—	—	90	0	80	113	0	37	52	35	11
Total debt	401	399	91	1	799	892	924	874	52	35	11
Total liabilities	620	680	495	578	1,914	1,781	3,492	3,569	3,172	2,744	950
Shareholders' equity	500	727	1,631	2,694	4,750	6,235	5,528	5,178	5,157	4,712	6,542
Non-controlling interests and other (assets − liabilities − equity)	—	—	96	476	836	—	—	325	—	—	—
Net debt (negative = net cash)	267	156	−311	−872	240	−851	−913	−341	−1,012	−410	−364

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

Head to head: JOYY vs TRIP JOYY vs WB JOYY vs MOMO JOYY vs RDDT

More: Interactive Media & Services stocks compared, Communication Services sector, rankings of US companies

Figures from Joyy Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Joyy Inc.