Article By:
StockNews
Sunday, June 13, 2021 1:56 PM EDT
China is shooting for rapid and sustainable growth through government support and restrictions on unusual and non-competitive business practices. Wall Street analysts expect the stocks of popular companies JD.com, Tencent Music and HUYA to advance.
HUYA And DOYU 2020 Q3 Earnings Summary
Yes, I partly agree. However, $DOYUs operating margin was only 1% in Q3. That is pretty weak in comparison with past results. Moreover, I think it is also just a bad look to revise guidance and then miss it. I also want to show that not everything is rosy for $DOYU and $HUYA. And that it is essential to keep an eye on specific numbers and their development. Maybe my recap came off a bit too negative. However, as I also mentioned in this article, the company is still highly undervalued, and I think it is a good buy.
Thank you very much for your feedback. I am glad you liked the article and very thankful that you keep reading my content.
Huya And DouYu – China's Enormous Streaming Market A Promising ESports Play
Yes, I agree. Production cost will continue to be low for $DOYU & $HUYA because the streamers provide the content. The merger could even lower the relative production cost to revenue. It is astounding to me that these companies get next to zero coverage. I am also excited about the fact that both companies will report earnings on the eleventh of November. It will be interesting to see and the amount of MAUs and paying users. I will give a short update after the earnings.